Earlier this week, Nebraska Gov. Dave Heinenman said his state had completed its review and would approve TransCanada’s proposed alternate route for the Keystone XL pipeline. With this approval, the Keystone XL project is back on the table for the State Department and President Obama to review for a yes or no vote.
Pakistan's largest oil refinery is in the pre-commissioning phase at Mouza Kund, in the district of Lasbella, Balouchistan, according to a report by Industrial Info Resources.
Significant increases in U.S. production of crude oil and other liquid fuels and the outlook for further growth have focused attention on the possibility that the United States could soon surpass Saudi Arabia to become the leading global producer, according to research by the U.S. Energy Information Agency.
Curtiss-Wright Corporation has acquired Cimarron Energy Inc. for approximately $135.1 million. With the acquisition, the company says it is diversifying into the U.S. shale oil and gas market in the upstream and midstream segments of the industry.