Oil & Gas News
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2 hrs ago | Berkshire Eagle
Kinder Morgan has begun the process of seeking federal approvals for a natural gas pipeline project through northern Massachusetts that has already garnered significant local opposition. The Houston-based energy company on Monday filed a request with the Federal Energy Regulatory Commission seeking to use its so-called "pre-filing procedures."
3 hrs ago | WHTC
The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday. The leap in costs from the previous 2010 estimate of $921.4 million is due to factors including the protracted regulatory process, inflation, currency changes, labour cost increases and materials storage, TransCanada spokesman Shawn Howard said.
7 hrs ago | The Washington Post
The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday. The discovery by China National Offshore Oil Corp. was made about a month after its rig withdrew in July from Vietnam's exclusive economic zone to far less-contested waters closer to China.
Canadian Natural Resources Ltd. has been given the go-ahead to resume work at part of an oilsands project in eastern Alberta where a bitumen-water mixture was found oozing to the surface last year. But CNRL will be using a different extraction technique at Area 1 of its Primrose East oilsands site: low-pressure steamflood rather than high-pressure cyclic steam stimulation.
B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.
An Alberta woman has lost her appeal to sue the province's energy regulator over hydraulic fracturing on her property. Jessica Ernst launched a $33-million lawsuit against the Alberta government, the province's energy regulator and energy company Encana .
EQT Midstream Partners LP will be added to the Alerian Energy Infrastructure Index Friday after market close, replacing Genesis Energy Partners LP. The 30 constituents of the index, which is a composite of North American energy infrastructure companies, will be rebalanced in accordance with the existing index methodology, Dallas-based Alerian said.
After the booming success of the Fayetteville Shale Play, it was easy to get excited about the prospect of exploiting another geological formation deep under Arkansas soil.
Job opportunities are available if you want to work to protect the Louisiana coastal wetlands. Erosion is eating away at the coast, and though billions of dollars are being spent to restore it, there are more jobs than qualified workers to fill the positions.
The Henry Gas Processing Plant, a refinery and storage facility operated by Chevron Corp. subsidiary Sabine Pipe Line LLC, stands in Erath, Louisiana, U.S., on Thursday, Aug. 26, 2010. Natural gas futures fell to an 11-month low after an Energy Department report today showed that U.S. stockpiles rose more than forecast last week.
Authorities say that Chevron is still releasing natural gas from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker. Col. Mike Edmonson, the superintendent of the Louisiana State Police, said Sunday his agency and the U.S. Coast Guard intend to send a joint team to the platform Monday to start an investigation.
One person is dead and two others suffered minor injuries after a natural gas pipeline accident off the Louisiana coast. A Chevron spokesman said a contractor was killed in the accident that took place Saturday morning.
Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects. But the restrictions on Russia's energy sector were carefully crafted to avoid impacting the country's current production of oil and gas, a move that would raise global energy prices at time of weak economic growth.
According to her spokeswoman, entertainer Pia Zadora is resting comfortably at a Las Vegas hospital with serious injuries after a fall from a golf cart near her home. The NFL was already under heavy criticism this week for the way it handled of a domestic violence case involving a prominent player.
Chevron spokesman Gareth Johnstone says in an email that the contractor was among four maintenance workers on the platform about 11:10 a.m. Saturday. He says two others were taken to a hospital for what are expected to be minor injuries.
Maker of land oil and gas drilling equipment branching into new market amid questions over whether it can deliver on time and within budget Honghua Group, one of the world's largest land-based oil and gas drilling rig makers and the mainland's largest exporter of such rigs, has seen the market bust and boom since listing in Hong Kong in 2008. From a net profit of 512 million yuan in 2008, Honghua, which is based in Sichuan province, plunged into losses in 2009 and 2010 before recovering in the past two years.
Updated: Tue Sep 16, 2014 10:23 am
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