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Crestwood seeking liquids midstream deals after Inergy merger

Crestwood Midstream Partners LP, which is expected today to complete a merger with Inergy Midstream LP, is on the hunt for more assets to expand its oil and natural gas liquids business, focusing on shale regions such as the Marcellus in the northeast U.S.  More »

Shale boom helps M&I Electric grow

M&I will expand its manufacturing capacity and add about 50 more full-time employees to its current roster of 175 by early next year.  More »

Price drop in ethane a boost to chemical firms

Ethane isn’t a term ordinary people come across every day but after processing the natural gas liquid into ethylene it does end up in a lot of ordinary things: plastic bags and bottles and even bumpers on cars. It’s used to make chemicals found in everything from antifreeze to diapers.  More »

Marathon Oil gets approval to move ahead on Kurdish project

Marathon Oil Corp. and its partners said Monday morning that they have received approval from the Kurdistan Regional Government for the first phase in an oil development in the Kurdistan Region of Iraq.  More »

Some anti-drilling activists change tactics, tone

For years, activists have warned that fracking can have disastrous consequences. Now some critics are doing what was once unthinkable: working with the industry.  More »

BP trial to focus on scientists’ spill estimates

U.S. District Judge Carl Barbier is scheduled to hear three weeks of testimony from dueling experts to help him calculate how much oil spilled into the Gulf — a key factor in determining how much more money BP and its contractors owe for their roles in the deadly disaster.  More »

Petronas moves ahead with Canada LNG project

Petroliam Nasional Bhd., Malaysia’s state energy company, is pressing ahead with plans to build a liquefied natural gas plant in the Canadian province of British Columbia.  More »

Substitution Effects Capping Future Oil Demand Growth

It is often said that the cure for high oil prices is high oil prices. Kuwait’s oil minister Mustafa Al-Shamali announced today that $100 to $110 a barrel is a fair price for oil but history may prove the minister wrong. History would argue that oil is a cyclical industry and that prices above competitive […]  More »

The Difference Between Wishing and Doing

The Obama Administration has a strong commitment to promoting electric vehicles and has made billions of tax payer dollars to achieve its policy objective.  And yet, electric vehicles remain mainly niche vehicles for the well to do who want to demonstrate their environmental values. Although GM, Fiat, Nissan, Volkswagen, and the overhyped Tesla are pushing […]  More »

NuStar attracts shippers for Eagle Ford pipeline expansion

NuStar Energy LP said Friday that it has received commitments from shippers who will use an expansion of the company’s pipeline system in the Eagle Ford Shale.  More »

Harvard won’t divest from fossil fuels, president says

Harvard University, the world’s richest school, won’t sell its investments in fossil-fuel companies amid pressure from students, President Drew Faust said in a letter released today.  More »

Oil industry poll: Motorists wary of filling up with E15

The oil industry’s campaign against an eight-year-old renewable fuel mandate is paying off, according to a new poll that shows American motorists are concerned corn-based biofuels could hurt their cars.  More »