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Oil & Gas

Australian mining giant targets US shale gas expansion

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In a bid to capitalize on growing global demand for commodities, the world's largest miner plans an expansion of its U.S. shale oil and gas operations.
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Honeywell's UOP to revamp Japanese petrochemical facility

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UOP LLC, a Honeywell company, has been selected by Taiyo Oil Co. Ltd. to supply technology and catalysts to improve operational flexibility and increase petrochemical production at Taiyo's Shikoku Operations in Ehime, Japan.
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US oil, gas companies embrace recycling of fracking water

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Many fracking companies in states like Texas, where drought is a major problem, are facing pressure from regulators to reduce the amount of water they use in their fracking fluids.
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Crude oil train explosion kills 60 in Quebec

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About 60 people are believed to have died after the huge explosion of a train carrying oil from the Bakken oil region in North Dakota to a refinery on the east coast of Canada.
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Canada hikes oil spill liability cap to $1 billion

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The reforms come at a time when several large companies have expressed interest in starting or expanding operations to drill in Canadian offshore areas.
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Questerre Energy announces results from resource evaluation

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Canada's Questerre Energy Corp. has stated that results of the resource assessment of its acreage in the Montney Formation in the Kakwa-Resthaven area in Alberta revealed total reserves of about 130 million barrels of oil equivalent
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Honeywell to automate Rosneft refinery in southern Russia

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Honeywell has signed an agreement with NK Rosneft, a leading Russia-based oil and gas producer, as the main automation contractor for the construction of its new refinery at Tuapsinskiy NPZ, Southern Russia.
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US, Mexico sign agreement to focus on joint oil & gas projects

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This agreement will make it possible for the United States and Mexico's national oil and gas company Petroleos Mexicanos, or Pemex, to further develop resources in the Gulf of Mexico.
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European refineries struggle to stay afloat

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European refineries are losing ground to their counterparts across the Atlantic, where the U.S. refining sector is flourishing thanks to its access to cheap and abundant feedstock produced from unconventional oil.
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Ukraine to focus on resources development in search for energy independence

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Ukraine will keep its position as a key energy sector partner of the European Union, particularly in regard to gas transportation and storage, according to the EU Commissioner for Enlargement and European Neighbourhood Policy.
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