March 2015

Bakken crude oil train derails near Illinois city of Galena, catches fire

News

Bakken crude oil has been described as “closest thing to gasoline from the ground” A freight train loaded with Bakken crude oil derailed on Thursday, bursting into flames and prompting authorities to issue a voluntary evacuation order within 1 mile (1.6 kilometres), authorities said. The train derailed around 1:20 p.m. in a rural area where […]

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LNG liquefaction plant serving high HP O&G applications opens in West Texas

Innovation

Second LNG liquefaction plant to be built in Odessa, likely in 2016 An LNG liquefaction facility will be built in Odessa, Texas to serve high horsepower customers in the Permian Basin oil and gas industry, according to Stabilis Energy. TheLNG liquefaction plant will be modelled on the recently opened 100,000 gallon per day LNG liquefaction facility in George

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Ports-to-Plains Economic Summit promotes energy on USA to Canada trade corridor

News

2015 Ports-to-Plains Economic Summit expecting 200-plus attendees A great deal of oil, capital, and equipment flows through the Alberta-Texas-Mexico ports-to-plains corridor. Which is why the Ports-to-Plains Economic Summit in Lubbock later this month is an important event for the Texas and Alberta oil and gas industries. Michael Reeves is the executive director of the Ports-to-Plains Alliance

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Here’s how you solve the Great Keystone XL Impasse

Markham on Energy

Bipartisan compromise only way to break political logjam on Keystone XL Warren Buffett made the news – again – saying Barack Obama should approve the Keystone XL pipeline. More wasted breath, if history is our guide. Since entreaties, Congressional pressure, and Canadian complaining haven’t convinced the President, is it time for a new approach? The old one isn’t

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Texas drilling permits lower, oil production up over 2013

News

Midland leads all districts with 385 drilling permits, 682 oil completions The effect of low oil prices is starting to show up in drilling and production statistics, according to figures released by the Texas Railroad Commission. Drilling permits, oil and gas completions declined significantly compared to the previous year, but production increased almost by almost 500,000 barrels

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