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Tag Archives: hydrocarbons

Michigan wants risk analysis about St Clair River pipelines

St. Clair River, Michigan, lawmakers, oil, piping

MARYSVILLE, Mich. (AP) — The state of Michigan wants the federal government to request a comprehensive risk analysis about several pipelines under the St. Clair River. The request was included in the state’s comments announced Thursday about proposed issuance of a presidential permit to Plains LPG Services that officials say could allow two St. Clair River pipelines built in 1918 ...

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REX: Eating away oil spills

Conventional wisdom says oil and land preservation will always be at odds with one another, but Rex Rainey of Big Spring, Texas begs to differ. “I saw that there’s a mentality of the land owner hating the oil producer and the oil producer hating the landowner, and it’s because both of them are trying to win,” Rainey said. “We just ...

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Argentina shale a ‘good play,’ but state controls deter

PUNTA DEL ESTE, Uruguay – Argentina’s Vaca Muerta shale formation is “a good play,” but government economic controls must be lifted and costs slashed if investments are to flow into the barely tapped field, said an executive at a subsidiary of France’s Total. President Cristina Fernandez’s interventionist policies have scared the most risk-hungry companies out of making anything but foothold ...

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Black smoke spotted in Philadelphia skies causes public concern

Friday morning, residents of Philadelphia woke up to clouds of black smoke drifting through the sky and were left in wonder of what was going on.  Turns out it was only the Philadelphia Energy Solutions (PES) refinery just doing some flaring. The PES, which is the largest consumer of North Dakota’s Bakken crude oil, was only doing its job on ...

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Labs testing Yellowstone River fish after oil spill

BILLINGS, Mont. — In two laboratories on Billings’ South Side, tissue samples taken from fish netted in the area of the Yellowstone River oil spill near Glendive are being analyzed to determine their exposure to the toxic hydrocarbons. An estimated 30,000 gallons of unprocessed crude oil seeped into the river from a broken pipeline under the riverbed on Jan. 17. ...

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Halliburton buying Baker Hughes in $34.6B deal

NEW YORK — In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock deal worth $34.6 billion. Global oil prices have tumbled 31 percent over the past 5 months to levels not seen in four years. That has forced the industry cut costs ...

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Anadarko bets $1.5 billion on output increase

While Anadarko Petroleum Corp. increased its production in Colorado’s Wattenberg field by purchasing rigs, pipes, and processing plants, the company is putting $1.5 billion towards its efforts in West Texas, hoping the same outcome occurs. Western Gas Partners, Anadarko’s pipeline unit, agreed to buy Houston’s Nuevo Midstream.  The Nuevo Midstream transports hydrocarbons out of the Permian Basin through hundreds of ...

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Utica shale gas production continues to grow

Oil and gas drilling in the northeast is often synonymous with the Marcellus shale formation, but the Utica is coming out from behind its shadow with promises of exponential growth, according to a report by OilPrice.com. Since January 2012, production in the Utica has risen from 155 million cubic feet per day to roughly 1.3 billion cubic feet per day, ...

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Northeast continues to heat homes with natural gas despite national trend

Natural gas has long been the national preference for residential heating fuels, but electricity has taken the majority of the market share while hydrocarbon gases have been in decline, according to a recent report by the Energy Information Administration. A portion of the change can be attributed to population migrations to the Western and Southern regions of the country. The ...

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