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Oil & Gas
SubscribeUse 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
Canadian oil company to develop existing assets amid rising North Sea investments
June 18, 2013
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Canadian oil and gas company CNR International, Inc. is looking to take advantage of a recently introduced tax break and invest more than $470 million in one of the oldest North Sea oil fields.
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Fire, water, fuel and the mile-high city
June 18, 2013
Processing magazine was at the AWWA ACE13 annual conference & exposition in Denver, Colo., where energy- and water-related issues have real immediacy, with several-year’s drought going, forest fires burning in the Black Forest and elsewhere and natural-gas fracking being an issue.
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Enbridge plans huge pipeline expansion drive
June 17, 2013
Enbridge, Inc., Canada's largest crude oil transporter, is set to complete a project that would see a network of pipes spanning 5,000 miles
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European refineries struggle to stay afloat
June 17, 2013
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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EIA report revises global shale oil and gas reserves upwards
June 12, 2013
Global reserves of shale-based resources push up the world's total potential oil reserves by 11 percent and natural gas reserves by 47 percent.
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French parliamentary commission calls for change in fracking ban
June 11, 2013
Hydraulic fracturing has once again become an issue of heated debate in France, as political parties, industries and the public have all shared different opinions about using the technique to drill for shale gas and oil.
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Investment in US oil and gas industry hits highest level in decade
June 7, 2013
The top 50 U.S. oil and gas companies spent $185.6 billion on exploration and developing new production in the United States in 2012, according to a new study.
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US imposes sanctions on Iran's petrochemical sector
June 5, 2013
The United States is imposing sanctions on Iran's petrochemical industry in a bid to cut off funds that the Islamic republic might use for developing its nuclear program.
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GE to invest billions to improve fracking
June 3, 2013
GE believes that its efforts could mitigate the effects from fracking on the environment and could bring about innovative technology that would increase profit for clients.
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Nebraska mulls fracking chemicals disclosure
May 29, 2013
Nebraska could be the next state that requires oil and gas drilling companies to disclose the chemicals used in their hydraulic fracturing operations, after it was announced that the state Oil and Gas Conservation Commission was working on new regulation.
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