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State regulator unveils proposed rules on disposal wells

Facing mounting concerns about ties between earthquakes and oil and gas activity, Texas regulators are proposing new rules for wastewater storage wells.  More »

Refiners adapt as oil supply tips away from imports

As more U.S.-produced oil makes its way to Gulf Coast refineries, they’re having to retool to process the domestic crude — which is a different grade than the imported oil they’re designed for but also is often cheaper.  More »

Judge rules against Dominion LNG in zoning dispute

A judge’s ruling could mean new delays for a proposed Maryland facility to liquefy and export natural gas.  More »

Slaying of Apache Corp. worker underscores dangers in Egypt

The shooting death of an Apache Corp. oil worker in Egypt last week underscored the dangers of working in Egypt’s remote oil patches, and may make investors nervous about the Houston company’s continued presence there.  More »

Marathon, Noble announce exploration contracts in offshore Gabon

Houston-based oil and gas independents Marathon Oil and Noble Energy announced separate deals with the government of Gabon to explore in deep water off the coast of the West African nation.  More »

Study: Keystone carbon pollution more than figured

The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes.  More »

Gulf oil field names follow quirky, creative system

As drilling activity has increased in the Gulf of Mexico over the decades, geologists have had to push the envelope and develop even more distinct labels for their finds  More »

Tanker carrying disputed crude hasn’t moved or unloaded oil

A tanker remains anchored off Galveston two weeks after it arrived carrying 1 million barrels of crude it can’t unload because of a dispute involving ownership of oil produced in Iraq.  More »

One killed in Pemex refinery fire

At least four accidents have occurred at the Ciudad Madero refinery this year, including a fire at a storage tank on July 22 that injured nine Pemex workers.  More »

Magnum Hunter to move from Houston to Dallas

HOUSTON — Magnum Hunter Resources Corp., the Houston-based exploration and production company, will move its corporate headquarters to Dallas around the end of the year, the company announced this week. The company also said it will consolidate its accounting office based in Grapevine, a suburb of Dallas, into its new corporate headquarters. Chairman and CEO Gary […]  More »

Exxon drilling Russian Arctic shows oil sanctions lack bite

After more than two years’ planning Exxon and its partner OAO Rosneft, Russia’s state oil producer, will start drilling the Universitetskaya prospect tomorrow, the Kremlin said in a statement Friday.  More »

Mexico’s new energy rules could bring profits and problems

Private oil companies will look carefully before they leap into Mexico’s new energy environment.  More »

Where Have All the Thinkers Gone?

In the years since World War II, the US was blessed with great foreign policy strategic thinkers like George Marshall, Henry Kissinger, Zbigniew Brezezinski  and James Baker among others.  A recent article in the Wall Street Journal by Kimberly Strassel—Meet Obama’s Kissingers—documented that unlike past presidents who staffed their National Security Councils(NSC) with foreign and […]  More »

Insurance industry changes with energy industry

Newer areas for insurance companies to cover include shale gas, wind turbines and transporting oil by railroads, a speaker said at the Independent Insurance Agents of Houston Energy Symposium.  More »

U.S. crude exports hit recent high

U.S. Census Bureau data places U.S. crude exports at about 390,000 barrels per day in June, a 35 percent increase from May. That’s a tall figure, especially considering that U.S. exports of domestically produced crude are severely restricted by a 1975 federal law.  More »
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