India

A study by the Global Labor Institute at Cornell University counters recent claims by TransCanada Corp.’s CEO Russ Girling that the controversial Keystone XL oil pipeline from the Alberta-U.S. international border to refineries in the Gulf of Mexico (GOM) region could create as many as 20,000 new jobs.

Don’t expect the energy pie to get bigger, John Hanger, the former head of the Pennsylvania Department of Environmental Protection (DEP), told a Pittsburgh audience Thursday.

Stung by a recent fine for allowing hydraulic fracturing (fracking) fluids to contaminate a watershed, Atlas Resources has set a goal of 100% reuse of flowback and production brine water as part of a strategy it believes is fundamental to sustainable operations in the Marcellus Shale.

India’s Reliance Industries Ltd. last week agreed to pony up close to $392 million in cash to buy into its third joint venture (JV) in a U.S. shale play this year, this time with Carrizo Oil & Gas Inc.

India’s Reliance Industries Ltd. agreed to pony up close to $392 million in cash to buy into its third joint venture (JV) in a U.S. shale play this year, this time with Carrizo Oil & Gas Inc.

Dallas-based Pioneer Natural Resources Corp. on Thursday agreed to sell almost half of its Eagle Ford Shale interests to India’s Reliance Industries Ltd. in a transaction valued at around $1.36 billion.

Dallas-based Pioneer Natural Resources Corp. on Thursday agreed to sell almost half of its Eagle Ford Shale interests to India’s Reliance Industries Ltd. for $1.15 billion.

Atlas Energy Inc. and India’s Reliance Industries Ltd. said Wednesday they will buy another 42,344 acres in the Pennsylvania portion of the Marcellus Shale for an average purchase price of $4,532/acre, or around $191.9 million.

Atlas Energy Inc. and India’s Reliance Industries Ltd. said Wednesday they will buy another 42,344 acres in the Pennsylvania portion of the Marcellus Shale for an average purchase price of $4,532/acre, or around $191.9 million.