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EPA Proposes new “residual risk” rule for refineries

Cross Posted from Center for Progressive Reform Blog: On May 14, 2014, the EPA proposed new rules to control “residual risk” from hazardous air emissions (such as from benzene) at the nation’s petroleum refineries.     The Clean Air Act requires the EPA to calculate whether or not residual risk to human health exists after […]  More »

Want to transition into the oil & gas industry? Here’s how

Every week, several readers ask me the question: “How can I transition into the oil & gas industry?” Each reader asks that question slightly differently though, because contrary to what you might think, not everyone is looking to become a petroleum engineer. Indeed, the oil & gas industry needs many types of professionals to deliver its products to end users, from finance experts to people with marketing skill sets.  More »

Wind giant Texas stands tall as rule change looms

Depending on how the Environmental Protection Agency writes the new rules on power plant emissions, states such as Texas and California that have embraced renewable power or boosted their gas use may not have far to go to meet the mandates.  More »

Exxon LNG project in talks with Asia customers on spot sales

Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.  More »

US plants prepare long-term nuclear waste storage

Nuclear power plants across the United States are building or expanding storage facilities to hold their spent fuel — radioactive waste that by now was supposed to be on its way to a national dump.  More »

France’s Total signs shale deal with Russia’s Lukoil despite sanctions

French energy company Total SA is hooking up with Russia’s largest private oil company to explore and develop a huge Siberian shale oil field.  More »

Executive says Bakken oil threatened by safety missteps

“If we have anything, they’re going to shut us down,” Harold Hamm said. “So many people want to stop fossil fuel use and production.”  More »

PDVSA signs $2.2 billion oil service financing to boost drilling

Petroleos de Venezuela SA, the country’s state oil company, signed deals with oil service companies Schlumberger, Halliburton and Weatherford International.  More »

Regulators: Eagle Ford boom tempts banks to make riskier loans

Long years of wringing small profits from cheap loans have tempted banks to lend more money under riskier terms, and nowhere more so than in the Texas oil boom towns where restaurateurs and hoteliers come calling every day, regulators say.  More »

China signs 30-year deal for Russian natural gas

China signed a landmark deal Wednesday to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow’s ties with Asia.  More »

Shale boom lures developer for $500M North Dakota project

A Swiss developer is planning to build a $500 million real estate project in Williston, North Dakota, where a surging energy industry is leading to a population boom and rising property demand.  More »

In the oil & gas industry, there should be no such thing as an “accident”

The “safety first” message extends – at least in theory – out to the field, where every new engineer and roughneck is constantly told “there’s no such thing as a small incident”, or “if you can’t do it safely, it’s not worth doing”.  More »
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