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News Briefs: 1 Injured in Texas Refinery Fire
One person was burned when a unit making diesel ruptured on Saturday morning at a refinery in Pasadena, Texas, owned by Brazil’s national oil company, Petrobras.
The company said in…
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News Briefs: Former Chesapeake Energy CEO Dies in Fiery Crash
Aubrey McClendon, a founder and former CEO of Chesapeake Energy, died in a single-car crash March 2, a day after he was charged with conspiring to rig bids to buy oil and natural gas…
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News Briefs: Bakken Pipeline One Step Closer to Being Approved
The North Dakota Public Service Commission is one step closer to approving what would be the largest crude oil pipeline in the Bakken, but one of the panel’s three members won’t vote on…
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News Briefs: EIA Predicts Production Decline in Eagle Ford, Bakken, Niobrara Plays
The U.S. Energy Information Administration (EIA) again forecasted oil production to fall in the Eagle Ford, Bakken and Niobrara plays in December. It’ll be the 10th straight month of…
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News Briefs: US Projected as Net Exporter of Natural Gas by 2017
The U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2015, released April 14, shows the potential to eliminate net U.S. energy imports sometime between 2020 and…
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Gas Boom Continues As Prices Fluctuate
EIA’s annual report shows that natural gas production has increased.
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News Briefs: Oil Production Continues to Rise
U.S. oil production continues to rise, despite a drop in crude oil prices, according to the U.S. Energy Information Administration (EIA).
Total crude oil production in the U.S.…
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News Briefs: Halliburton To Purchase Baker Hughes
Halliburton Co. announced Monday that it is purchasing Baker Hughes, spending $34.6 billion on the merger, according to the Financial Post.
The two companies are two of the top three…
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News Briefs: Deadly Fracking Rupture Kills One, Injures Two
One person was killed and two others were injured in an accident at a fracking site in Weld County, Colo., on Nov. 13.
Halliburton employee Matthew Smith died when a high-pressure…