Archives for 2016
Apache: Permian discovery holds 3 billion barrels of oil
The Houston-based oil exploration company Apache has made a significant discovery in West Texas’s Permian Basin, estimated at 75 trillion cubic feet of natural gas and more than 3 billion barrels of oil — nearly...
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Judge grants partial stop on North Dakota pipeline work
A weekend confrontation between protesters and construction workers near Lake Oahe prompted the tribe to ask Sunday for a temporary stop of construction. Four private security guards and two guard dogs received medical treatment, officials...
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Spectra purchase ‘hugely strategic,’ Enbridge CEO says
Spectra Energy, one of Houston’s biggest pipeline and energy infrastructure firms, has agreed to sell itself to Canada’s Enbridge for $28 billion in a stock-for-stock transaction that would create the largest company of its kind...
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New York considers raising ethanol blend limit
State officials in New York are considering whether to allow the sale of E15, gasoline blended with up to 15 percent ethanol, for model cars 2001 and newer. The rule change was proposed by the New...
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Shell begins production at Stones deepwater development
Shell said Tuesday that has started production at a its ultra deepwater oil fields in the Gulf of Mexico, about 200 miles southwest of New Orleans. The Stones development is expected to produce 50,000 barrels...
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