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Oil & Gas

Colorado regulator halts wastewater injection due to earthquake link

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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

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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

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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%

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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

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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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Shell to sell midstream unit shares worth $750 million

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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

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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

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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

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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

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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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