Revealed

A “stunning” increase in Texas oil and gas industry employment, which was revealed by revisions to recent workforce statistics, was driven by gains in the number of jobs supporting oil and gas exploration and production, said the economist who compiles the Texas Petro Index (TPI), a barometer of the industry’s health in the Lone Star State.

The Obama administration’s final decision on the controversial Keystone XL oil pipeline is yet to be revealed, but a significant majority of Americans favor its construction, according to the results of a survey released Tuesday by the Pew Research Center.

North Dakota’s record-setting oil production pace has provided an economic boost that has increased sevenfold since 2004, reaching $30.4 billion in 2011, according to a study released by North Dakota State University (NDSU).

ConocoPhillips has entered into an agreement with China Petrochemical Corp., a state-owned company also known as Sinopec Group, to perform a study of unconventional oil and natural gas resources in China’s Sichuan Basin.

Buyers will need to be confident that natural gas trucks are reliable, functional and easily fueled, a survey revealed.

Eagle Ford operator Paloma Partners II LLC revealed on Wednesday that it is being taken over by Marathon Oil Corp. for $750 million in cash.

An investigation by the Canadian Broadcasting Corp. (CBC) has revealed that a political assistant to New Brunswick’s energy minister asked the province’s electric utility, NB Power, to remove anti-shale signs from its utility poles last summer.

Chesapeake Energy has revealed that it is cooperating with a grand jury proceeding and an Environmental Protection Agency (EPA) investigation into the company’s Clean Water Act (CWA) compliance at certain sites in West Virginia.

Trinidad and Tobago’s energy minister said Wednesday an audit has revealed that the Caribbean country’s proved natural gas reserves have declined, but he predicted that global demand for its liquefied natural gas (LNG) resources would rise.