LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
Environmentalists hoping that oil production will peak in 2014 will be disappointed. New supplies will comfortably outstrip fresh demand, preventing prices from rising. Countries leading the way will include Brazil, Iraq, America and ...
Tags: oil production, Energy
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
The Directors and management of Strata-X Energy Ltd. (TSX VENTURE:SXE)(ASX:SXA) ("Strata-X" or the "Company") are pleased to announce that the Company started drilling operations on the Cinco Saus Creek #1 well late on December 27 and that ...
Tags: Strata-X Energy Ltd, Cinco Saus Creek#1 well, Maverick Oil Project
Madalena Energy Inc. (TSX-V: MVN) (the "Company" or "Madalena") is pleased to announce the results of a multi-rate production test for the CAN.xr-2(h) horizontal well which is the Company's first horizontal well to be drilled on its ...
Tags: gas resource, energy
The Environmental Protection Agency was justified in intervening to examine possible risks of gas drilling to Texas drinking water, the agency's internal watchdog reported Tuesday. But environmentalists say the report raises fresh ...
Tags: The Environmental Protection Agency, gas drilling, Texas, drinking water
Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
Goodrich Petroleum Corporation (NYSE: GDP) today announced that its Huff 18-7H-1 (97% WI) well in Amite County, Mississippi was successfully fracture stimulated with 17 stages and had commenced flowback at expected fluid rates when the well ...
Tags: Goodrich Petroleum Corporation, Huff 18-7H-1 well, energy
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Imports will account for a major chunk of China's natural gas usage this year, even as the country strives to improve clean fuel usage, experts said. Wang Xiaokun, an energy analyst with Sublime China Information Co, a Chinese commodities ...
Tags: Natural Gas, Metallurgy
Groundwater and surface water samples taken near fracking operations in Colorado contained chemicals that can disrupt male and female hormones, researchers say. These chemicals, which are used in the fracking process, also were present in ...
Tags: groundwater, surface water, fracking operations, hormones, health
Navigator Holdings Ltd. ("Navigator") today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. ("Jiangnan") in China at the previously agreed ...
Tags: newbuilds, transportation
Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that its partner, Red Leaf Resources Inc. ("Red Leaf"), reported that it has cleared a major regulatory hurdle and will soon launch the ...
Summit Midstream Partners, LLC ("Summit Investments"), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP), announced today that it has executed a definitive agreement with ...
Santos today announced that the Moomba-194 vertical shale gas well in the Cooper Basin is flowing gas at an average rate of 3 million standard cubic feet per day (mmscf/d). Moomba-194 is a follow-up to the existing successful shale gas ...