Daily Archives: July 11, 2012

Battelle: More Collaboration Needed on EPA Hydraulic Fracturing Study

July 11, 2012
By

A new report by the Battelle Memorial Institute concludes that more collaboration between the industry and EPA could enhance EPA’s study into the impact of fracking on US drinking water.

Read more »

Williams Partners, Others to Invest $800M in Utica Shale Venture

July 11, 2012
By

Williams Partners and other investment partners agreed to invest $800M in a joint venture with Caiman Energy II aimed at supporting O&G production in the Utica Shale region.

Read more »

Cabinet approves Nigeria oil bill

July 11, 2012
By

Nigeria’s cabinet has approved a final draft of an oil law, years in the making, that will be sent to President Goodluck Jonathan before going to parliament in a few days, the oil minister said on Wednesday.

Read more »

Williams joins Utica pipeline JV

July 11, 2012
By

Williams Partners is joining with Caiman Energy and private-equity firms EnCap Flatrock Midstream and Highstar Capital to invest $800 million in pipelines and processing facilities for oil and natural-gas production in the Utica shale.

Read more »

Chevron expects better second quarter

July 11, 2012
By

US supermajor Chevron expects to post better results in the second quarter of 2012 than it did in the first on the back of “significantly higher” downstream earnings.

Read more »

Oil up 2% in choppy trading

July 11, 2012
By

Crude oil futures surged on Wednesday, ending more than 2% higher after a volatile session despite a mixed message from the US Federal Reserve that it may opt for more easing policies.

Read more »