Big mergers are afoot. But is a major shale oil deal a sign of a strong market?» Read More
SAN FRANCISCO, Feb 10- California fracking opponents aiming to stop development of massive state oil reserves are focusing their drive this year around the state's record-breaking drought, arguing oil production would suck sorely needed water from farms and homes.
Feb 11- Lured by the promise of jobs created by the oil and gas boom, Mario Solano left his home in Miami to travel to a new life in the center of it all- North Dakota. Eventually, he found permanent employment working as a ranch hand in the town of Williston, making $14.50 an hour, or about $30,000 a year- plenty, Solano thought, to get a small place of his own.
Hundreds of people with HIV/AIDS trying to obtain coverage under Obamacare are in danger of being thrown out of their insurance plan.
NEW YORK, Feb 8- Hundreds of people with HIV/AIDS in Louisiana trying to obtain coverage under President Barack Obama's healthcare reform are in danger of being thrown out of the insurance plan they selected in a dispute over federal subsidies and the interpretation of federal rules about preventing Obamacare fraud.
*Baytex offers A $4.10 per share for Aurora Oil& Gas. CALGARY, Alberta/ SYDNEY, Feb 7- Canadian heavy oil producer Baytex Energy Corp has agreed to buy Aurora Oil& Gas Ltd for C $2.6 billion including debt, targeting the Australian company's Texas shale oil assets and driving its shares to a 15- month high.
HOUSTON, Feb 6- Independent oil refiner Tesoro Corp is replacing older railcars in its crude-by-rail fleet with ones that have the latest safety designs, Chief Executive Officer Greg Goff told analysts on Thursday.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, its first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
WASHINGTON, Feb 4- Three companies operating in North Dakota's Bakken energy patch were on Tuesday were fined $93,000 for wrongly classifying crude oil being hauled from the field to tank car trains.
WASHINGTON, Feb 4- The U.S. Department of Transportation said on Tuesday it had fined three oil companies $93,000 for wrongly classifying crude shipments in North Dakota's Bakken region, in the first sanctions issued by regulators since several fiery derailments.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, the first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
WASHINGTON, Feb 4- A bipartisan group of U.S. lawmakers voiced support on Tuesday for the Keystone XL crude oil pipeline, and did not rule out using legislation to force the White House to approve the Canada- to- Texas project.
CALGARY/ WASHINGTON, Feb 3- Cost overruns, logistical woes and regulatory uncertainty had already cast a shadow over the Canadian crude-by-rail boom even before a long-awaited report last week appeared to give a boost to the oil-train industry's main competitor, the Keystone XL pipeline.
WASHINGTON, Jan 31- The U.S. State Department on Thursday issued its long awaited final environmental impact statement on the proposed Keystone pipeline, which would carry crude oil from Canada's tar sands region to refiners in the Gulf of Mexico. "President Obama is out of excuses.
A Canadian National Railway train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday, forcing the evacuation of nearby residents, officials said.
JACKSON, Miss., Jan 31- A Canadian National Railway Co train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday, forcing the evacuation of nearby residents, officials said.
JACKSON, Miss., Jan 31- A Canadian National Railway Co train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday morning, forcing the evacuation of nearby residents, officials said.
Last year they ferried more than 780,000 barrels of oil a day, or about 10 percent of U.S. production, according to the Association of American Railroads. The cars are more likely to spill their hazardous cargo and catch fire, according to documents dating back to the early 1990 s, when the U.S. National Transportation Safety Board noted their repeated failure.
WASHINGTON, Jan 30- The energy boom of the last decade that has boosted oil and gas production in the United States has outpaced the development of critical infrastructure to transport the raw and refined materials, U.S.
WASHINGTON, Jan 30- The decision whether to eliminate a 40- year-old ban on most U.S. crude oil exports should hinge on whether it would lead to higher domestic retail gasoline prices, Ron Wyden, chairman of the Senate Energy Committee, said on Thursday.
LONDON, Jan 30- Cutting the cost of everything from salaries and steel pipes to seismic surveys and drilling equipment is the central challenge for the oil and gas industry over the next five years.