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Oil & Gas

Iran reports considerable new oil, gas reserves

January 24, 2013
Iran's oil minister Rostam Qasemi has announced that huge oil and gas reserves have been discovered on the country's northeastern and western borders with Turkmenistan and Iraq.
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Dow Chemical leaves industry group amid natural gas export row

January 23, 2013
The debate on whether the United States should provide part of its plentiful supplies of natural gas as exports to other countries has stirred the opinions of industry groups, manufacturers and traders in recent weeks.
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North America will become energy market leader by 2030, BP predicts

January 22, 2013
According to BP, the next two decades will witness strong growth in production of gas and oil from unconventional sources, which will cause a significant change in global energy markets.
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Global oil & gas automation and controls market to reach $8.63 billion in 2013

January 22, 2013
The global oil & gas automation market will reach a value of $8.63 billion in 2013, with safety and optimization of oil and gas processes driving expenditure in the market.
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Asian energy markets to change in coming years

January 22, 2013
The IEA believes Asia will be at the center of significant shifts in terms of energy supply and demand developments in 2013 and beyond.
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There’s sand involved, but it’s no day at the beach

January 15, 2013
The water consumed in oil & gas production is something tremendous. Folks in the water and wastewater treatment industry know it, and they’re introducing solutions that make continuing use of carbon-based energy more sustainable.
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Town of Marcellus, N.Y., bans natural gas exploration, production

January 15, 2013
The town board voted unanimously on Monday to amend zoning codes to prevent all natural gas and petroleum exploration and production within town limits.
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US Chamber of Commerce president calls for energy sector development

January 14, 2013
The U.S. needs to implement policies that enable the responsible development of the country's oil and gas, according to the U.S. Chamber of Commerce President Thomas Donohue.
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Enbridge to start two pipeline expansion projects

January 10, 2013
Canadian pipeline company Enbridge has announced its plans to spend up to $600 million on two expansion projects that will boost the capacity of its Canadian mainline system between Hardisty, Alberta, and the U.S. border.
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North American energy industry faces cyber attacks

January 9, 2013
As Canada's oil and gas industry is struggling with market and infrastructure issues, there is another threat to the industry that has been causing concern over the past few months -- cyber attacks.
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