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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

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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Oklahoma's Oneok opens $300 million natural gas processing facility in North Dakota

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Natural gas group Oneok Partners is boosting its natural gas processing capacity in the North Dakota oil patch with the opening of the company's Garden Creek II plant.
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Exxon Mobil's pipeline arm agrees to $1.4 million penalty for crude oil spill

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The pipeline company of Exxon Mobil Corp. has agreed to pay a $1.4 million civil penalty for an alleged crude oil spill in Louisiana.
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Labour Party wants stricter rules on fracking in Britain

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Britain's Labour Party is aiming to amend the current infrastructure bill before the House of Lords in an attempt to strengthen the regulation covering fracking.
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Reliance to ship US ethane to India

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India's Reliance Industries Ltd. revealed on Wednesday that it plans to ship 1.5 million tons per year of ethane from the United States.
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China's Sinopec shortlists 37 bidders for fuel marketing unit

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State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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LNG imports help diversify energy sources of US islands

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Imports of liquefied natural gas (LNG) may soon allow island states and territories of the United States to diversify their energy sources and benefit from lower fuel prices.
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Ineos moves into UK shale exploration

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Chemicals company Ineos has acquired a majority stake in an onshore exploration and development license in Scotland that includes its Grangemouth refining and petrochemical complex and the area around it.
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Canadian team to study impact of shale gas development on water quality

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Scientists at the Canadian Rivers Institute (CRI) will examine surface water conditions in areas of New Brunswick with the highest potential for shale gas exploration.
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