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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

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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Two Bakken shale salt water disposal facilities acquired by Canada's Aqua Terra

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Aqua Terra Water Management, L.P., a Canadian company that operates salt water disposal facilities, said on Thursday that it has expanded its business into the United States.
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Sempra Energy and partners to invest in liquefaction-export project

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Energy services holding company Sempra Energy said last week that the partners in the Cameron Liquefaction Project have approved a final investment decision.
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Petronas hands refinery construction contract to Sinopec Engineering

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Malaysian state-owned oil and gas company Petronas has awarded an oil refinery construction contract to China's Sinopec Engineering (Group) Co. Ltd., media reports said last week.
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Natural gas production in Marcellus Region reaches record high

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Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) in July, the U.S. Energy Information Administration (EIA) reported.
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