Shale oil to push U.S. past Russia, Saudi Arabia

Jul 10, 2014

Shale oil to push U.S. past Russia, Saudi Arabia

Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate estimates that depend on uncertain ...

Study shows how fracking causes some earthquakes

Jul 4, 2014

Study shows how fracking causes some earthquakes

A new study explains how four wells forcing massive amounts of drilling wastewater into the ground are probably shaking up Oklahoma. Those wells seem to have triggered more than 100 small and medium earthquakes in the past five years, according to a study published ...

Jul 4, 2014

Quebec rail explosion prompted regulation, safety changes

The explosion of an oil train that killed 47 people in Quebec last year forced tighter rules to address the rapid growth of transporting oil by rail in North America. In the immediate aftermath, all eyes fell on the owner, American firm Montreal, Maine ...

Quebec town still recovering from train disaster

Jul 4, 2014

Quebec town still recovering from train disaster

Backhoes and bulldozers are still digging out oil-seeped soil and pavement in the center of the lakeside Quebec town of Lac-Megantic. Where the post office, public library and restaurants once stood, there is only the clanging of machinery kicking up dust over the emptiness. ...

Kurds to pump more oil from new fields

Jun 26, 2014

Kurds to pump more oil from new fields

by David Sheppard

Iraq’s self-ruling Kurds outlined plans on Wednesday to swiftly ramp up oil exports now that their forces have taken control of Iraq’s main northern oil fields, a move that could tear up the settlement holding Iraq together since the fall of Saddam Hussein. Kurdish ...