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Botched safety test, extra drilling key to “reckless” BP ruling

A federal judge’s ruling that BP was reckless in the lead up to the Gulf of Mexico oil spill hinged on the company’s decisions to drill deeper than was deemed safe and skip or misread well integrity tests, among other factors “motivated by profit.”  More »

Crude oil rail shipments set record pace

Rail shipments of crude oil rose to 119,634 carloads in the most recent fiscal quarter, an increase of more than 10 percent over the 106,605 shipments in the comparable period last year, according to figures released Thursday by the American Association of Railroads.  More »

The New World of Energy Management

According to the Energy Information Administration (EIA) the relationship between electric power consumption and economic growth is changing after decades of being very strongly correlated.  Between 1975 and 1995 the “two growth measures were nearly equal in value.”  Looking to the future, EIA estimates that the “rate of projected growth in electricity use will be […]  More »

Noble Energy to supply Israeli gas to Jordan’s power company

Noble and Jordan’s national power company signed a non-binding letter of intent that would provide Jordan with 1.6 trillion cubic feet of natural gas over 15 years from the Leviathan field in the Eastern Mediterranean sea. That’s equal to 300 million cubic feet per day.  More »

Water resources a problem for energy extraction worldwide, report finds

According to the analysis by the World Resources Institute, 38 percent of the earth’s shale gas and tight oil resources are in areas that are either arid or under high levels of water stress already _ a scenario that does not mesh with the high water demands of today’s extraction techniques.  More »

Researchers at work on using liquid nitrogen instead of water in fracturing

Petroleum engineers in Colorado are working on a process called cryogenic fracturing, which replaces water with searing cold liquid nitrogen or liquid carbon dioxide.  More »

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 »
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