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Study finds 6,600 spills from fracking in just four states![]() ![]() Durham NC (SPX) Feb 22, 2017 Each year, 2 to 16 percent of hydraulically fractured oil and gas wells spill hydrocarbons, chemical-laden water, hydraulic fracturing fluids and other substances, according to a new study. The analysis, which appears Feb. 21 in Environmental Science and Technology, identified 6,648 spills reported across Colorado, New Mexico, North Dakota and Pennsylvania during a 10-year period. "This study provides important insights into the frequency, volume, and cause of spills," said Lauren Patterson, polic ... read more |
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![]() Russian oil company Rosneft continued building its Middle East portfolio by signing an agreement with the Kurdish government of Iraq, media reports said. ... more ![]() ![]() The Texas oil and gas industry is job-creating and economic machine, contributing more than $20 million a day in revenue, an industry body said. ... more ![]() ![]() More than $1 billion in spending will go to developing U.S. shale basins where production is on pace to increase this year, Whiting Petroleum said. ... more ![]() ![]() Crude oil prices moved lower early Wednesday after running into a wall in the midst of the euphoria surrounding OPEC's latest rhetoric. ... more |
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Previous Issues | Feb 22 | Feb 21 | Feb 20 | Feb 18 | Feb 17 |
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![]() After nearly a year of occupying North Dakota prairie land to block the route of a controversial oil pipeline, many of the camp's holdouts finally marched out Wednesday to meet an evacuation deadline. ... more ![]() ![]() The government of Norway, one of Europe's top oil and gas producers, reported that the size of its labor force in the waning months of 2016 declined. ... more ![]() ![]() Weak consumer demand is offsetting volatility with oil prices and leaving retail gasoline markets relatively unchanged in the United States, analysis finds. ... more ![]() ![]() The commander of the US-led coalition fighting the Islamic State group said Monday he expected its forces would be allowed to stay in Iraq after Mosul is recaptured. ... more ![]() ![]() As his company returns to profit, the head of Australian company BHP Billiton said he was confident about the long-term outlook for oil prices in particular. ... more ![]() ![]() Even though financial performance was as expected, oilfield services company Wood Group said it expected only a few market bright spots for 2017. ... more |
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![]() ![]() Libya signs deal with Russia's Rosneft ![]() ![]() Crude oil prices were boosted substantially early Tuesday by OPEC comments that a stable price point for oil has yet to be reached. ... more ![]() ![]() Preliminary oil production figures for Norway show a daily average of about 1.6 million barrels per day, which the government said was lower than expected. ... more ![]() ![]() The China National Petroleum Corporation on Sunday secured an eight-percent share in an onshore oil concession in Abu Dhabi in a deal worth $1.77 billion, the Emirati company said. ... more ![]() ![]() The demand for liquefied natural gas, a super-cooled and easily transported energy option, is set to outpace conventional gas, Royal Dutch Shell said. ... more |
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