Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Oil Prices Slip as U.S. Data Raises Oversupply Fears

July 24, 2015

Oil prices have slipped after official US government data showed an unexpected rise in oil stocks last week. The price of Brent crude dropped 1.2 percent to $56.24 a barrel, while US crude oil was down 0.4 percent after dipping

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Fortress Environmental Services Opens Saltwater Disposal Well to Service Eagle Ford Shale, Texas

July 24, 2015

Fortress Environmental Services has opened a state-of-the-art saltwater disposal well to service an area of the Eagle Ford Shale just one hour of east of San Antonio. The El Cruce #1 saltwater disposal well opened this week off State Highway

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Ridgewood Energy Secures $1.9 Billion to Develop Its Deepwater Gulf of Mexico Project

July 23, 2015

Ridgewood Energy Corporation has secured its latest private equity fund, Ridgewood Energy Oil & Gas Fund III, L.P.  Fund III, Ridgewood Energy’s largest fund to date, significantly exceeded its $1.5 billion target and closed with total capital commitments of more

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Bechtel Breaks Ground on Gas-fired New Combined-Cycle Power Plant in Ohio

July 23, 2015

Bechtel has broken ground on a new natural gas-fired combined-cycle power plant in Carroll County, Ohio. Bechtel is responsible for the engineering, procurement, construction and start-up of the 700-megawatt Carroll County Energy Facility, which will generate energy for more 740,000

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National Energy Board Issues Safety Order to Westcoast Energy, Canada

July 22, 2015

The National Energy Board (NEB) has issued an NEB Safety Order to Westcoast Energy Inc., carrying on business as Spectra Energy Transmission (Westcoast). The NEB Safety Order includes the following requirements: • Westcoast must submit, for NEB approval, staffing reports

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Sabine Oil & Gas Files for Chapter 11 Bankruptcy Protection

July 22, 2015

Sabine Oil & Gas Corporation has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York to facilitate the restructuring of its balance sheet.

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Houston Advanced Research Center Receives Grant to Develop Interactive Well Pad Site

July 22, 2015

Many people have never been on and may never have the opportunity to visit an active drilling or hydraulic fracturing site. Now, anyone with a computer can explore oil and gas development activities and encounter the numerous best practices and

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Corpus Christi Educators Experience Inaugural Nautilus Exploration Program, Part of CITGO Initiative

July 22, 2015

A group of 30 local educators participated in the inaugural Nautilus Exploration Program CITGO STEM Academy held in June at the CITGO Corpus Christi Refinery. The continuing education program for area educators is part of the CITGO Caring for Our

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Coal and Gas Layoffs Mount as Prices Continue to Fall

July 21, 2015

CONSOL Energy, based in Pittsburgh, Pennsylvania, is the latest, announcing on Tuesday that it was laying off 470 workers, more than 10 percent of its workforce at its coal mines in Pennsylvania and in its gas drilling operations throughout the

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Liquefied Natural Gas Receives Export Approvals for Bear Head LNG Project in Nova Scotia, Canada

July 21, 2015

Liquefied Natural Gas Limited’s proposed Bear Head LNG project in Nova Scotia has received U.S. Department of Energy approval to export up to 440 billion cubic feet (Bcf) per year of U.S. natural gas to Canada. It has also been

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