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Oil & Gas

Exports from US refineries at all-time high

October 14, 2013
With production continuing to soar in many parts of the United States, refineries in the Gulf of Mexico are enjoying abundance of feedstock that allows them to manufacture their products at a much lower price than refineries overseas.
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Blast at Texas oil well site leaves worker injured

October 14, 2013
A worker was treated for burns on the morning of Oct. 8 following an explosion at an oil well site near the town of Gillet in Karnes County, Texas, about 54 miles southeast of San Antonio.
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European refineries still facing major challenges

October 14, 2013
The future of Europe's refining sector continues to look bleak, as the industry seems unable to adapt to new market conditions and struggles to remain competitive with the United States and emerging markets like the Middle East and China.
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US company sues Quebec over fracking ban

October 10, 2013
U.S. mining company Lone Pine Resources Inc. is taking legal action against the government of Quebec for violating free trade rules by revoking fracking operation permits.
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Mideast refineries shift focus in production

October 9, 2013
Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
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Russia losing ground in oil, gas production to US

October 8, 2013
Russia is gradually losing its position as the world's leader in oil and gas production, as the United States has been gaining ground thanks to its energy revolution.
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Enbridge predicts Northern Gateway pipeline launch in 2018

October 4, 2013
The decision on the construction of Enbridge's Northern Gateway pipeline is expected by mid-2014, suggesting that the first transportation of crude via the proposed 1,170-km line could start in 2018.
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Two in three Americans support Keystone Pipeline

October 2, 2013
According to a recent poll by the Pew Research Center, almost two in three Americans support the construction of the Keystone XL pipeline that would transport crude from Canada to Texas.
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Total Petrochemicals to pay $8.75 million fine for emissions limits violations

October 2, 2013
The U.S. Environmental Protection Agency has reached an agreement with Total Petrochemicals over the 2007 violations at the Port Arthur refinery. Under the terms of the agreement Total will have to pay a fine of $8.75 million.
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Shell names Louisiana as potential location for $12.5 billion plant

October 2, 2013
Oil giant Royal Dutch Shell is considering building a brand new plant in Louisiana that will convert natural gas into diesel and jet fuel.
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