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

Fraser Institute: Texas and Oklahoma Top Two Most Attractive Places Worldwide for Oil, Natural Gas

December 3, 2018

Nine of the world’s top 10 places to invest in global oil and gas are in the United States, including eight states, according to the Fraser Institute’s annual survey. The 12th annual Global Petroleum Survey by the Canadian-based research firm

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Energy Department Investing in Research to Develop Natural Gas-based Hydraulic Fracturing Fluid

December 3, 2018

The U.S. Department of Energy (DOE) recently said that it would invest approximately $1.36 million to extend a research project with Southwest Research Institute (SwRI) and Schlumberger into using the natural gas produced from a well to create a foam

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U.S. Oil and Gas Reserves Hit Record Highs

December 3, 2018

Higher prices and continued shale resource development helped push U.S. crude oil and natural gas proved reserves to new record highs in 2017, the Energy Information Administration (EIA) said in a report on Thursday. Proved reserves of U.S. crude oil

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Developers in Massachusetts Push for Relief from Natural Gas Moratorium

December 3, 2018

It’s shaping up to be a chilly winter for Greater Boston’s development community. Trade group NAIOP Massachusetts has been pushing the Baker administration for help with the state moratorium on natural gas hookups in National Grid’s territory. The stoppage and

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Oil and Natural Gas Severance Tax Payments Increase by Millions, W. Va.

December 3, 2018

Natural gas is having a tremendous impact on West Virginia’s budget and in local economies throughout the state. The West Virginia oil and natural gas industry paid more than $138 million in severance taxes in fiscal year 2018, an increase

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Chevron Starts First Oil From Big Foot Project, Deepwater Gulf of Mexico

November 30, 2018

Chevron’s Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, Louisiana, in a water depth of approximately

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The Carlyle Group to Acquire Emera’s New England Gas-Fired Generation Facilities for $590 Million

November 30, 2018

Emera Inc. has agreed to sell its three natural gas-fired generation facilities in New England, known as Bridgeport Energy, Tiverton Power, and Rumford Power, to an affiliate of The Carlyle Group for $590 million (C$780 million). Together, the facilities have

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Texas-Based HR Consulting and Talent Acquisition Firm ClickOnHR Opens Permian Basin Office

November 30, 2018

“I love doing business in the Permian Basin. People here still operate on manners, respect and a handshake,” said ClickOnHR’s VP of Talent Acquisition, Heather Sanchez, explaining why she and the company’s CEO, Rya Stone, SPHR, have opened a satellite

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Inter Pipeline to Acquire NuStar Energy’s European Operations for $270 Million

November 30, 2018

NuStar Energy L.P. has entered into an agreement to sell its European terminals and related assets to Inter Pipeline Ltd.’s European storage subsidiary, Inter Terminals Ltd., for $270 million. The operations include six liquids storage terminals in the United Kingdom

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North Dakota Grows Into Its Ongoing Oil Boom

November 29, 2018

The U.S. hit a milestone this year, producing more crude oil than any other country, and North Dakota is a big reason for that. After a lull when prices collapsed in 2014, the state is setting new production records and

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