Oil & Gas Industry News
EnerFaxGold.com provides up to date energy, oil & gas news from around the world. See below for the latest energy industry headlines.
Report: Shale Gas Explorers Could Pump $55B into Britain.
The development of shale gas in Britain is expected to create more than 64,000 jobs and give local businesses a $55.37B capital injection. Energy update.
Oil Falls As US Oil Supplies Rise By 3.5M Barrels.
The price of oil slips as a government report shows US oil supplies rose more than expected last week. Energy update.
For Canada's Oil-Rail Terminal Firms, Muted Glee Over Keystone.
The handful of firms racing to build oil train terminals in Western Canada should be rejoicing over the latest delay to TransCanada's Keystone XL oil pipeline, but many have troubles of their own. Energy update.
Comprehensive Program Needed to Address US Arctic Oil Spill Risk.
The National Research Council offers recommendations to address the oil spill risk posed by commercial activity in US Arctic waters. Energy update.
Total launches phase 2 of offshore Ofon field.
Total launched the second phase of the Ofon field development in offshore Nigeria (Ofon Phase 2) has begun. Oil and gas updates.
Lundin spuds fourth appraisal well.
Lundin Petroleum commenced drilling of the appraisal well 16/2-11 on the Johan Sverdrup PL501 discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). Oil and gas updates.
Total launches Hild field development.
Total, operator of the Hild license, launched the development of the field located in the Norwegian North Sea. Oil and gas updates.
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