Home / Tag Archives: Shale (Oil and Gas) (page 2)

Tag Archives: Shale (Oil and Gas)

Exxon eyes expanding Texas refinery into biggest in U.S.

Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country’s largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said. The expansion of the 344,600 barrel-per-day (bpd) Beaumont refinery, if carried out, would be completed by 2020 and potentially ...

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Industry continues to make case for lifting oil export ban

Mella McEwen | The Midland Reporter-Telegram (Midland, Texas) Permian Basin oil and gas operators continue making the case for ending the nation’s four decadelong ban on exporting domestic crude. They say decisions made over 40 years ago during an oil crisis have no place in today’s world of rising U.S. crude production, primarily from unconventional shale plays. During the annual shareholders’ ...

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Oil-field services firm, owner file Chapter 7

Patrick Danner | The  San Antonio Express-News SAN ANTONIO — A San Antonio oil-field services company accused in a lawsuit of participating in a “massive fraud” against Houston oil and gas company Apache Corp. has filed for bankruptcy liquidation. Stag Energy Services LLC filed for Chapter 7 earlier this month, listing a little more than $1 million in assets and nearly ...

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Oil field pipe mill south of San Antonio to hire 200

Jennifer Hiller | San Antonio Express-News SAN ANTONIO — A new pipe mill south of San Antonio plans to hire more than 200 workers and build a $62.5 million facility — the latest ripple-effect project of the Eagle Ford Shale drilling boom. Houston-based Alamo Tube Co. announced that its pipe mill and finishing facility will go into Alamo Junction Rail ...

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Tougher limits will take time

tracks

Eric Andseron | Times-Union ALBANY — Proposed regulations announced Wednesday by the U.S. Department of Transportation to toughen safety standards governing crude oil, ethanol and other volatile materials wouldn’t initially cover the type of Bakken crude that exploded and burned a year ago in Quebec. A runaway train careened off the rails in downtown Lac-Megantic, Quebec, last July, exploding and ...

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U.S. DOT cracks down on ‘oil trains’

Jerry Zremski | Buffalo News (Buffalo, N.Y.) WASHINGTON — The Obama administration today proposed phasing out the outdated and explosion-prone rail tank cars that carry volatile crude oil through Western New York as many as 35 times a week. Under a proposed rule issued by the U.S. Department of Transportation, those DOT-111 tank cars would be barred from shipping most crude ...

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Help wanted in China’s energy sector

Jared Anderson | Breaking Energy China’s race to meet rapidly rising energy demand is driving a scramble to find experienced talent to staff its booming energy sector. China is among the world’s top ten producers of oil and gas, and is the world’s largest coal producer, according to BP’s latest Statistical Review of World Energy. And an Energy Information Administration ...

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Gas pipeline issues challenge for producers, users

pipeline

David Conti | Pittsburgh Tribune-Review Ten years ago, developers were building terminals to import liquefied natural gas, experts predicted production increases of less than 1 percent annually, and insufficient pipelines into New England during the cold winter sent prices soaring. A decade into the “shale gas revolution,” the pipeline issues remain as surging production makes distribution a challenge. “We have ...

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Pa. auditor cites flaws in gas drilling regulation

inspector

Jason Cato | Pittsburgh Tribune-Review Pennsylvania’s regulatory agency in charge of monitoring the Marcellus shale industry and its impact on drinking water fell short in policing operators and keeping the public informed when problems arise, Auditor General Eugene DePasquale said Tuesday in scathing audit of the Department of Environmental Protection. The DEP’s shortcomings result from a lack of resources, such ...

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