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U.S. energy boom may augur a new export era

By Ralph Vartabedian In a Louisiana swamp several miles upriver from the Gulf of Mexico, about 3,000 construction workers are building a massive industrial facility to liquefy natural gas, preparing for a new era when the U.S. will begin exporting energy around the globe. The $12-billion project is one of the largest single industrial investments in the nation, part of ...

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Update on ethane ‘cracker’ petrochemical plant good news for Beaver County, leaders say

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State and Beaver County officials can’t wait for Royal Dutch Shell to decide whether it will build a multibillion-dollar petrochemical plant along the Ohio River. Now neighbors won’t have to wait to see intensified activity around the potential ethane “cracker” site. Company officials met with about 30 leaders in a private gathering in Hopewell on Thursday evening to update them ...

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OSHA calls for silica limit: Proposed silica limit would hurt fracking industry, group says

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A proposed lower limit of silica exposure from the Occupational Safety and Health Administration would drastically affect the hydraulic fracturing, or fracking, industry, a trade group said. The American Petroleum Institute is one of about 80 organizations and industry groups that will speak in Washington, D.C., at hearings stretching from Tuesday through April 4. The hearings are a part of ...

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Huge increase in crude oil by rail to Bay Area concerns local leaders

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RICHMOND — Bakken crude oil from North Dakota is part of the mix of increased crude-by-rail shipments into Contra Costa County, raising concerns from local leaders about whether current regulations are sufficient to minimize risks of transporting the volatile fossil fuel. “There’s a lot more to be learned, but Bakken (crude) is coming in now,” said Contra Costa County Hazardous ...

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Mexico’s Pemex mulls crude imports, more exports to India, Japan

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MEXICO CITY (Reuters) – Mexico’s Pemex <PEMX.UL> is considering crude imports to boost local refinery output, but at the same time, it expects to sell more oil to India and Japan to diversify its export markets. The state-owned company could begin imports of light and intermediate crudes as early as this year to improve production of higher-value refined products like ...

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BP regains ability to do work for government

BP Logo

WASHINGTON (AP) — The oil company behind the largest offshore oil spill in U.S. history can once again perform work for the federal government. Under an agreement reached Thursday with the U.S. Environmental Protection Agency, more than two dozen BP entities and its Houston-based oil production and exploration arm can secure new government contracts. The company had been suspended from ...

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Xcel asks federal regulators to intervene in Boulder’s condemnation bid

Erica Meltzer | Boulder Daily Camera, Colo. Xcel Energy asked the Federal Energy Regulatory Commission on Tuesday to issue a ruling that Boulder cannot condemn a high voltage transmission line that circles the city without first getting the federal regulators’ permission. The filing made before the federal commission is one more salvo in the ever-widening legal war between Boulder and ...

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Consumer prices slow with O&G in the west

Despite a slow but steady oil price recovery for Colorado, the growth recently came to a halt, and with it, consumer prices. According to the Denver Business Journal, the U.S. Bureau of Labor Statistics reported a 0.3 percent jump in the federal consumer price index (CPI) in western states for the month of April. This gain is notably smaller than ...

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