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Oil & Gas

Shell to sell midstream unit shares worth $750 million

June 25, 2014
Shell Midstream Partners, a wholly-owned subsidiary of Royal Dutch Shell, is planning to launch an IPO of up to $750 million in shares in an effort to deliver more value to its shareholders.
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Pennsylvania sues oil companies over use of gasoline additive

June 24, 2014
The state of Pennsylvania has started lawsuits against dozens of oil companies and refiners, accusing them of contaminating groundwater with the gasoline additive Methyl Tertiary Butyl Ether (MTBE).
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Oklahoma's seismic activity surpasses that of California in 2014

June 23, 2014
So far in 2014 Oklahoma has had more earthquakes than California, and many experts believe that the unusual seismic activity is linked to the sharp increase in oil and gas drilling operations.
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China's gas demand to almost double by 2019, IEA says

June 23, 2014
Demand for natural gas in China will grow to 315 billion cubic meters by 2019, according to the 2014 Medium-Term Gas Market Report by the International Energy Agency.
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Canada's cabinet approves Northern Gateway pipeline

June 23, 2014
The Canadian government has given the green light to a proposed project for constructing a pipeline to a terminal at the Pacific Coast that would serve as a starting point for oil shipments to Asia.
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Scientists seek alternatives to wastewater wells in wake of Greeley earthquake

June 18, 2014
A team of scientists from the University of Colorado has been carrying out seismographic research in the area of the recent Greeley earthquake in order to determine if it was connected to nearby gas fracking wastewater wells.
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North Dakota's Bakken crude oil safe to move by rail, study finds

June 18, 2014
A new study to be released later this month will voice what many people from the industry have been saying -- that Bakken crude oil is safe for rail transport.
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State of Washington introduces new emission reduction rules for refineries

June 17, 2014
Refineries in the state of Washington will have to comply with new rules that aim to significantly reduce greenhouse gas emissions by 2025, according to the state's Department of Ecology.
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EIA predicts surge in US oil production in 2015

June 17, 2014
The U.S. oil and gas industry is flourishing and there are no indications that it may stop growing any time soon.
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BP faces Clean Water Act fine for Macondo well blowout

June 16, 2014
More than four years after it happened, the Macondo well incident in the Gulf of Mexico continues to capture the attention of the industry and the public.
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