NEW YORK (AP) — Halliburton said Friday it is entering its first joint venture in China that will use hydraulic fracturing, or fracking, to unleash energy.
The Houston company, which provides drilling services to oil and gas operators, said it will create the joint venture with an affiliate of SPT Energy Group. The venture will focus on hydraulic fracturing and production enhancement services in Xinjiang, China.
Exxon Mobil Corp. accused Pennsylvania's attorney general of using a criminal case against the company over a waste water spill as part of a larger effort to stop hydraulic fracturing in the state, The Wall Street Journal reports.
New American Petroleum Institute Vice President Louis Finkel protested a number of anti-hydraulic fracturing measures set to appear on ballots across the nation, calling the process "irresponsible," The Hill reports.
Oklahoma has experienced twice the number of earthquakes this year as California, and some communities and environmental groups are concerned that the state's surge in hydraulic fracturing may be playing a role, Bloomberg reports.
Saying Europe could reap one tenth of its energy needs from hydraulic fracturing in shale, European Union Energy Commissioner Guenther Oettinger urged Germany to keep an open mind on fracking in light of recent recommendations that raise concern on the safety of the process, Reuters reports.
WASHINGTON (AP) — A new study explains how just 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-to-medium earthquakes in the past five years, according to a study published Thursday by the journal Science. Many of the quakes were much farther away from the wells than expected.
Combined, those wells daily pour more than 5 million gallons (19 million liters) of water a mile or two underground into rock formations, the study found. That buildup of fluid creates more pressure that "has to go somewhere," said study lead author Cornell University seismologist Katie Keranen.
Following a court ruling backing the power of New York communities to ban fracking, lawyers are speculating that a future legal challenge could come from a landowner challenging the loss of valuable rights known as takings, E&E reports.
WASHINGTON (AP) — In Pennsylvania's gas drilling boom, newer and unconventional wells leak far more often than older and traditional ones, according to a study of state inspection reports for 41,000 wells.
The results suggest that leaks of methane could be a problem for drilling across the nation, said study lead author Cornell University engineering professor Anthony Ingraffea, who heads an environmental activist group that helped pay for the study.
ALBANY, N.Y. (AP) — New York's top court handed a victory to opponents of hydraulic fracturing for natural gas Monday by affirming the right of municipalities to ban the practice within their borders.
The state Court of Appeals affirmed a midlevel appeals court ruling from last year that said the state oil and gas law doesn't trump the authority of local governments to control land use through zoning.
The two "fracking" cases from two central New York towns have been closely watched by drillers hoping to tap into the state's piece of the Marcellus Shale formation and by environmentalists who fear water and air pollution.
EDMOND, Okla. (AP) — Central Oklahoma residents are demanding to know whether earthquake swarms that have shaken their homes and their nerves in recent months are caused by oil and gas drilling operations in the area.
About 500 people attended a meeting with regulators and research geologists Thursday night in Edmond. Many urged the Oklahoma Corporation Commission, which regulates the oil and gas industry, to ban or severely restrict the wells that are used to dispose of wastewater from drilling and that some scientists say could be linked to the quakes.
By pushing for international agreement on a climate accord – which would "name and shame" violators rather than prosecute them – President Obama hopes to come up with a global deal on the issue that would avoid him having to present a legally binding treaty for Senate ratification, The New York Times reports.
$1.4 million will settle federal claims stemming from a crude oil spill from a pipeline operated by an Exxon Mobil subsidiary in Louisiana back in 2012, an amount the company has agreed to pay, The Hill reports.
A greater-than-expected decline in crude stockpiles reported by the Energy Information Administration Wednesday helped push oil prices up. U.S. benchmark crude gained 15 cents to $94.01 a barrel after settling 51 cents higher on the Nymex Tuesday, while in London Brent crude for October delivery rose 21 cents to $102.71, Reuters reports.
Texas lawmakers examined the impact of the oil boom in a hearing Tuesday, where the Texas Oil & Gas Association said it has brought the state $48 billion in wage payments and $11 billion in royalties a year, the Houston Chronicle reports.
High returns from fossil fuel investments make it difficult for the divestment movement to attract support, although dumping coal stocks may be a more attractive proposition than turning away from oil and gas companies, says a new report from Bloomberg New Energy Finance, according to National Journal.
In a change of plans, Duke Energy said at a Florida Public Service Commission hearing Tuesday it would buy an existing natural gas-fired plant from Calpine Finance Construction Co. instead of building one of its own, the Tampa Bay Times reports.
The Tokyo Electric Power Co., operator of the crippled Fukushima Dai-ichi nuclear plant, must pay the husband of a suicide victim in the region $470,000, under a ruling from a Japanese court, The Washington Post reports.
Although leaders in Moscow and Kiev spoke of “positive” results from Tuesday’s talks between Russian President Vladimir Putin and Ukrainian leader Petro Poroshenko, there appeared to be no letup in fighting Wednesday, Bloomberg reports.