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Oil & Gas

Texans hold 80% of state's oil production revenues

Texas has as much as $140 billion in "petro-wealth" in producing petroleum reserves, a new analysis from Austin, Texas-based company Blackbeard Data Services reveals.
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ICF: North America needs to increase midstream infrastructure investments

Oil and gas companies in the U.S. and Canada need to invest $641 billion in midstream crude oil, natural gas and natural gas liquids infrastructure.
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US refiners back crude oil export ban

The question of whether the ban on U.S. oil exports should be lifted has divided industry opinions for a long time, but in recent months the debate has resurfaced.
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Two workers injured in sulfuric acid incident at Tesoro refinery

The two contractors were carrying out maintenance work at a processing unit at the refinery when sulfuric acid spilled on them.
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EPA ends new contract ban on BP operations

Oil giant BP and the U.S. Environmental Protection Agency (EPA) have signed an agreement regarding legal procedures following the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.
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Canadian crude unlikely to prevent North Dakota oil industry growth

If the United States moves to approve the proposed major pipelines carrying Canadian crude, the effect of the increased import of crude from north of the border may not be as significant as many industry representatives claim.
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Earthquakes in Ohio bring drilling activity to a halt

The Ohio Department of Natural Resources (ODNR) has closed operations at a drilling site in Poland Township, Mahoning County, following two earthquakes on Monday.
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Colorado to implement first methane emission regulation

The state of Colorado will be the first to introduce regulation on methane emissions from oil and natural gas operations, after lawmakers approved proposals for strict control over smog.
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EPA finalizes rules on sulfur levels in gasoline

The U.S. oil and gas industry has opposed the new regulation, claiming that it would mean huge costs that would also affect the end price of fuel.
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Enbridge gets approval for major pipeline reversal

Canada's National Energy Board has given the green light to Enbridge's plan to reverse the flow of the pipeline known as Line 9, carrying crude oil from Montreal to Sarnia, Ontario.
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