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Oil & Gas

New York court allows towns to ban fracking

New York state communities will be allowed to ban hydraulic fracturing on their territories, following a ruling by the state's highest court.
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US overtakes Saudi Arabia, Russia as world's largest oil producer

According to a new report by Bank of America Corp., record output of oil from shale rock formations is fueling economic growth for the U.S.
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Quantum Energy to invest $2.5 billion in 'micro refining' units

North Dakota oil field development specialist Quantum Energy Inc. is planning to take advantage of the abundant Bakken Shale oil reserves and build five "micro refineries" that will produce ready-to-export fuel.
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U.S.-Canadian joint venture completes pipeline from Oklahoma to Gulf Coast

Houston, Texas-based Enterprise Products Partners and Canadian Enbridge Inc. have completed the construction of a 512-mile section of the Seaway Pipeline system, running from Cushing, Oklahoma, to the Jones Creek terminal near Freeport.
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UK agencies look into risk of water contamination through fracking

The British Geological Survey and the Environment Agency have published the results of a large-scale study into the risk of drinking water being contaminated by fracking operations.
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Colorado regulator halts wastewater injection due to earthquake link

Colorado officials recently suspended injections of fracking wastewater underground, following the discovery that disposing of wastewater in a local well might be linked to seismic activity in the area.
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North Dakota to introduce gas flaring restrictions

The North Dakota Industrial Commission is introducing new regulations on the maximum amount of natural gas that oil and gas companies will be allowed to burn off in the process known as flaring, in an effort to reduce the overall amount of gas burned off within the state.
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Large proportion of US crude from shale more volatile than previously thought

Crude oil extracted from shale formations across the United States may be more challenging to transport and process than previously considered due to the presence of highly volatile gases.
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US oil, gas reserves up 9%

Oil reserves in the United States went up to almost 25.4 billion barrels, marking a rise of 2.1 billion barrels or 9 percent on the previous year and an increase of 52 percent compared to 2009.
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Survey reveals trends in US fracking wastewater regulation

The role of hydraulic fracturing for the growth of the U.S. energy sector is undeniable but states seem to have widely divergent views when it comes to the technology in general and to fracking wastewater regulation in particular.
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