A federal judge has given final approval to the economic portion of a multibillion dollar class action settlement between BP plc and thousands of individuals and businesses affected by the April 2010 deepwater Macondo well blowout.
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Articles from Between
Farmers, Drillers Fight Erupts in California’s Central Valley
A conflict between farmers and some oil/natural gas exploration and production (E&P) companies has erupted in Kern County in the southern end of California’s central valley where the agriculture and energy industries have coexisted for many decades.
U.S. Gas, Oil Infrastructure to Remain in High Demand
Demand for natural gas and oil infrastructure equipment is on track to rise 6.3% a year between now and 2016 when it will total $12.1 billion, according to a report by industry market researcher The Freedonia Group Inc.
Rail Transport of Bakken Oil Skyrockets
The railroad transportation of Bakken oil supplies continues to grow, and transporters are investing in new facilities on a pace with pipeline takeaway growth, according to the latest statistics from the North Dakota Department of Mineral Resources (DMR) and the state pipeline authority.
Statoil’s Marcellus Gas Headed to Canada
Statoil ASA on Thursday plans to begin delivering its U.S. natural gas produced in the Marcellus Shale to Canada to secure better prices.
ZaZa Eagle Ford Oil Reserves More than Double
ZaZa Energy Corp. more than doubled its proved Eagle Ford Shale oil reserves between the end of last year and Sept. 1; however, proved Eagle Ford gas reserves declined by more than half with the dissolution of a joint venture (JV) the company had with Hess Corp.
Continental Aims to Triple Production, Reserves in Five Years
Continental Resources Inc. has launched a growth plan to triple production and proved reserves between now and the end of 2017, largely from its leading Bakken Shale position, but also with gains from other onshore holdings, including a discovery in the southwest corner of Oklahoma.
Bakken-Fueled Continental Aiming to Triple Output, Reserves
Continental Resources Inc. has launched a growth plan to triple production and proved reserves between now and the end of 2017, largely from its leading Bakken Shale position, but also with gains from other onshore holdings, including a discovery in the southwest corner of Oklahoma.
East Coast Distributor Takes Bakken Shale Transloading Stake
Expanding its presence in the Bakken Shale region, Global Partners LP has agreed to acquire a 60% membership interest in Basin Transload LLC, which operates two transloading facilities in North Dakota with a combined rail loading capacity of 160,000 b/d.
MSC Compels Anti-Drilling Website to Remove Similar Logo
A kerfuffle between the Marcellus Shale Coalition (MSC) and an anti-drilling group over copyright infringement has resulted in the latter removing from its website a logo similar to the one used by the MSC.