Oil & Gas
Top stories summarized by our editors
6/14/2019

ExxonMobil and SABIC, Saudi Arabia's state petrochemicals company, have agreed to build a chemical complex near Corpus Christi, Texas, that will include what would be the world's largest steam cracker. The plant will convert Permian Basin-produced hydrocarbons into ethylene.

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Exxon, ExxonMobil, SABIC
6/14/2019

Three energy companies want to build liquefied natural gas plants in the Brownsville, Texas, area, which could result in a combined $40 billion investment. Booming production and limited land availability near ports like Houston and Corpus Christi have companies looking elsewhere along the coast.

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Corpus Christi
6/14/2019

The Philadelphia City Council has approved plans for a liquefied natural gas plant in southwest Philadelphia. The bill's sponsor, Councilman Derek Green, said the plant would provide cleaner fuel for customers currently using diesel and would generate $1 million annually for Philadelphia Gas Works.

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KYW-AM (Philadelphia)
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Philadelphia City Council
6/14/2019

Scientists used a seafloor seismic observation network to identify shallow, low-frequency tremors near the northern Japan Trench. Researchers say the findings will provide insight into the driving forces behind a fault's slow slip, as well as the fast slips associated with more typical earthquakes.

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Eos
6/14/2019

Mexico has canceled October auctions to select privately owned partners for state oil company Pemex on seven onshore oil and natural gas projects. The cancellation is part of the new administration's rejection of reforms enacted by former Mexican President Enrique Pena Nieto's government.

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Reuters
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Enrique Pena Nieto, Pemex
6/14/2019

An earthquake centered in the Pacific Ocean about 72 kilometers west of Coquimbo, Chile, shook the country's coast on Thursday, the US Geological Survey said. There were no immediate reports of injuries or damage from the magnitude 6.4 temblor, which occurred at a depth of 10 kilometers.

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The Associated Press
6/14/2019

Australia's Northern Territory has ended a three-year moratorium on hydraulic fracturing exploration, approving Origin Energy's plans for a test well near Daly Waters and Santos' proposal for seismic testing and engineering work north of Elliott. Resources Minister Paul Kirby said the companies will face strict environmental regulations as they work on the onshore shale gas projects, which could resume within days.

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ABC (Australia)
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Origin Energy, Santos
6/14/2019

"Threats lurking below the surface" could slow the growth of the US shale industry, which needs to focus on improving capital efficiency and finding better ways to deal with natural gas byproduct that is now flared or vented, writes Canary CEO Dan Eberhart. With future demand uncertain and environmental concerns gaining currency, "flaring and methane emissions could become shale's Achilles' heel," he writes.

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Forbes
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Dan Eberhart, Canary
6/14/2019

Permafrost in the Canadian Arctic is melting about seven decades sooner than had been predicted, forging landscapes dotted by ponds and uneven ground, researchers have found. Scientists, who collected data between 2003 and 2016, say higher summer temperatures and the lack of insulating vegetation are contributing to the accelerated melting.

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LiveScience
6/13/2019

The Delaware River Basin Commission has approved plans to build a $96 million tanker loading facility in New Jersey that will be used in part to export liquid natural gas produced at Pennsylvania shale wells. The commission said its review was limited to the impact of construction and dredging, rejecting environmentalists' argument that the project should be delayed until its overall impact is assessed.