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From Mergers to Marijuana Smuggling: The Top 10 News Stories of 2015
We bring you news updates every week, because we know you want to keep up with what’s going on in the oil and gas industry. The ups and downs, the mergers and court cases are all… -
News Briefs: GOP Pushes to Lift Oil Export Ban With Spending Bill
Republican demands to end the ban on exporting crude oil emerged as a final negotiating point Dec. 14 as lawmakers scrambled to complete a year-end spending bill needed to keep the…
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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: Suncor Deal to Expire Dec. 4
An executive with Suncor Energy says the company won’t extend its hostile takeover offer for Canadian Oil Sands past its Dec. 4 deadline.
Suncor Energy took a $4.3 billion all-stock…
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News Briefs: Fire at Oilfield Chemical Plant Injures 3
Workers at Lubrizol Corp.’s Oilfield Chemistry site in Pennsylvania were pouring hydraulic fracturing chemicals into a production tank Nov. 17 causing a fire that forced residents from…
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News Briefs: Oil Well Backlog Hits 1,000 in North Dakota
The number of wells in North Dakota that have been drilled but not fracked passed 1,000 for the first time as producers delayed turning them on in hopes that crude prices will soon…
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The Upside of the Downturn
Communities and municipalities have been able to find some positives as the slowdown in crude oil production hit the Bakken. Several of those communities have been taking a look at how…
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News Briefs: Shell Haults Canadian Oilsands Project
Royal Dutch Shell will stop construction of its Carmon Creek thermal oilsands venture in Canada due to “uncertainties” facing the project, including a lack of infrastructure.
The…
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News Briefs: Oil Spill in North Dakota Likely Caused by Vandalism
Vandalism appears to be the cause of an oil spill in Williams County, North Dakota, that was noticed on Oct. 16, according to the North Dakota Department of Health.
The spill…
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News Briefs: California Shuts Down 33 Oilfield Wells
California is shutting down 33 oilfield wells that state officials improperly permitted to inject into federally protected water supplies.
It’s the latest development following…
