Archive By Section - Oil & Gas
Canada will pursue trade with China regardless of U.S. energy policies
BLOOMINGTON, Ind. (MCT) – Let's be clear at the outset, the Obama administration's decision to delay building part of the Keystone XL pipeline has contributed to Canadian public dialogue about the need to seek alternative markets for its oil reserves.
An energy policy that shuns Canadian oil will push America’s best ally into the arms of China
TUSCALOOSA, Ala. (MCT) – U.S. energy policies – specifically President Obama's delay of a decision pending further environmental-impact study for a part of the Keystone Pipeline – are pushing Canada into a closer trading relationship with China.
New energy reality
We are an energy rich nation! New discoveries, enhanced production technologies, and efficiency improvements mean we have more oil and natural gas resources than anyone thought possible just 20 years ago.
Stocks up on guarded optimism
NEW YORK (MCT) – U.S. stocks gained Thursday, with the S&P 500 extending its advance into a fourth day, as investors held out hopes that Europe would muddle through its debt troubles.
Pakistan speeds pursuit of Iranian pipeline, defying US
ISLAMABAD (MCT) – With a decision to fast-track the construction of a natural gas pipeline from Iran, Pakistan is underscoring not only the energy needs of its flailing economy but also its growing estrangement from Washington.
Japan supports U.S. sanctions, pledges to buy less Iranian oil
SEOUL, South Korea (MCT) – Capping a diplomatic huddle in Tokyo with U.S. Treasury Secretary Timothy F. Geithner, Japanese central government officials pledged Thursday to buy less Iranian oil in a nod to Washington's campaign to sanction Iran over its nuclear program.
US says offshore oil drill to be deployed in Cuba is OK
MIAMI (MCT) – U.S. Coast Guard and environmental safety officials have inspected and OK'd an offshore oil drilling platform headed to Cuba, under an unusual arrangement designed to allay concerns about a possible spill that could foul the U.S. coastline.
New rumblings: Earthquakes intensify scrutiny of shale gas methods
PHILADELPHIA (MCT) – Metaphorically speaking, the shale-gas boom was supposed to bring seismic changes to America's energy landscape.
Shell gambles billions in Arctic Alaska push
NEW ORLEANS (MCT) – Standing in front of a brightly colored, 3-D image of the geology far below the floor of the Chukchi Sea, Steve Phelps pointed to the "giant opportunity" that has prompted Shell Oil to pour billions of dollars into the Alaska Arctic.
Oil and gas briefs
API applauds passage of new pipeline safety legislation WASHINGTON - American Petroleum Institute supports The Pipeline Safety, Regulatory Certainty, and Job Creation Act to reauthorize the nation's pipeline safety program. "This bill takes important strides to better protect pipelines from excavation damage," said Peter Lidiak API pipeline director. "The oil and gas industry remains committed to continuous improvement in pipeline safety, while efficiently delivering more than 70 percent of the petroleum needed to ...
US drivers spend record amount on gasoline in 2011
LOS ANGELES (MCT) – American drivers this week broke a record that will bring them no joy.
Area intents to drill listed
Below are the intent to drill for oil permits in the area filed with the Kansas Corporation Commission in the past 90 days. The information is listed in this order: File name, permit date, section, township, range, east/west, district number, license and company.
Desk and Derrick members travel to St. Louis
ADDC President Angie Duplessis invited members to "Meet in St Louis" with her theme--"Gateway to Growth and Opportunity". Business meetings were held at the Hyatt Riverfront Hotel just across the street from the Arch and a few blocks away from the Cardinals stadium. The city of St. Louis offered many world famous attractions, amusements, restaurants and shopping for club members to enjoy while furthering their education with field trips and seminars pertaining to the energy ...
Oklahomans ask: What’s causing these quakes?
MEEKER, Okla. (MCT) – Geophysicist Katie Keranen was burying a seismometer on a farm in what is supposed to be tornado, not earthquake, country when a trio of figures came striding across the misty cow pasture, all dressed in camouflage.
Prosecutors in Alaska aim to revoke BP probation
ANCHORAGE, Alaska (MCT) – BP, the biggest oil field operator on Alaska's North Slope, has failed to fix pervasive management and environmental safety problems and is a repeat environmental offender, federal prosecutors said in a new court filing this week.
Articles by Section - Oil & Gas
Water recycling is big business for oil, gas support firms
(MCT) – Just a few years ago, Fort Worth, Texas-based Bosque Systems mostly operated wastewater disposal wells for oil and gas operators. And another oil field company, FTS International, was busy becoming one of the nation's biggest providers of hydraulic fracturing services.
Record exports mean summer gas prices won’t be much lower
(MCT) – Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas.
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