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Oil & Gas

Use of fossil fuels — including oil and natural gas — is one of the defining characteristics of our time. Over the last two decades, the emergence of national oil companies and dwindling oil resources have moved the major independent oil and gas companies to tap into more and more unconventional resources, including deepwater subsea, shale plays, tar sands and subsalt. Given its complexity, oil field development is coordinated amongst multiple independent and highly specialized contractors, including industry equipment suppliers; engineering, procurement and construction (EPC) concerns; and service

ARTICLES

Waste treatment firm agrees to settle over disposal of shale gas drilling wastewater

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A waste treatment firm based in Warren, Pennsylvania, has agreed to build a new wastewater treatment facility to settle a federal lawsuit brought by environmental organization Clean Water Action.


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New Gulf South pipeline to support Freeport LNG liquefaction terminal

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Gulf South Pipeline Company, a subsidiary of Boardwalk Pipeline Partners, is planning to build a 65-mile pipeline to serve the new liquefaction terminal proposed by Freeport LNG Development near Freeport, Texas.
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World oil consumption will continue rising, EIA says

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Patterns of oil consumption are set to change over the next few decades, with a slow decline in some parts of the world and an increase in other regions.
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US natural gas production hits record high in August

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Average gas production in the lower 48 states in August 2014 was 68.9 billion Bcf/d. That's the highest monthly average on record.
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Hydraulic fracturing fluids market worth $19.88 billion by 2020

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The growth in shale drilling around the world is tied to an increase in demand for hydraulic fracturing fluids, which are used to create or expand fractures as well as to carry proppant into fractures in coalbed formations.
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Four US energy companies plan Southeast natural gas pipeline

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Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources have formed a joint venture to build and own a 550-mile natural gas pipeline to North Carolina and Virginia.
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PG&E faces $1.4 billion fine for 2010 pipeline explosion

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Californian utility Pacific Gas and Electric Company (PG&E) has been ordered to pay a $1.4 billion penalty in connection with a gas pipeline explosion in 2010, which caused a huge fire and killed eight people.
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Shale gas market to be worth $104.1 billion by 2020

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A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
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Norway's Statoil resumes operation at In Amenas gas plant after attack

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Norwegian oil company Statoil is ready to resume normal operations at its In Amenas gas plant in Algeria, following last year's attack.
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Explosion at BP's largest US refinery causes minimal disruption

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One employee was taken to hospital, but later released, and the incident did not result in major disruption of production at the facility.
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