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Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Colorado finds itself an earthquake lab amid gas boom

In an area peppered with wells pulling energy resources from below ground — and many pumping wastewater from the process back into it through injection wells — an old question resurfaced: Could the same geological tinkering that has revved a formidable economic engine also trigger potentially damaging earthquakes?  More »

Mexico’s Pemex says production to increase in 2015

Mexico’s state-owned oil company Petroleos Mexicanos estimates its crude production will increase to 2.4 million barrels per day in 2015, compared with the 2.35 million barrels per day it expects to produce this year, a company official said.  More »

Gaining the right expertise may mean buying a company

Oil companies want top-notch engineers for their massive projects, and engineering companies that want to compete for the jobs usually need a track record.  More »

Growing Chinese appetite ignites U.S. methanol renaissance

The North American methanol market has accelerated rapidly in recent years as the Chinese throw their money behind new projects to expand North America’s capacity to produce methanol.  More »

Company helps smaller oil companies use bigger data

Austin-based Drillinginfo creates apps and databases to help smaller independent oil companies improve their exploration and production.  More »

Growing global propylene demand leads to new projects

Increasing demand has chemical plants building units for producing the chemical building block propylene.  More »

Calpine to sell Florida facility to Duke Energy

Calpine Corp. has agreed to sell a Florida power plant to Duke Energy, but the companies have not yet finalized the terms of the deal, a Calpine spokesman said.  More »

Occidental breaks ground on Midland complex

MIDLAND — Occidental Petroleum officials and employees gathered earlier this week with local- and state-elected officials — including Gov. Rick Perry — to break ground for the company’s Midland office. Mayor Jerry Morales began the event, welcoming participants and citing not only Occidental’s job creation but its contributions to the community — from schools to […]  More »

Cyberattacks on energy companies create new insurance needs

A Houston litigator whose specialties include insurance issues says cyberattacks are presenting energy companies with new insurance needs.  More »

Tanker ruling comes at critical time for Kurdistan under siege by militants

A federal judge’s ruling that technically clears the way for a contested tanker of crude to be offloaded in the United States comes at a critical time for Kurdistan, which urgently needs a large infusion of cash to defend itself against Islamist militants.  More »

Exxon Mobil to pay civil penalty for 2012 oil spill

The U.S. Department of Justice and the Environmental Protection Agency said Tuesday the company will pay the penalty to resolve the government’s claim.  More »
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