shale oil

Once Burned, Twice Shy? Utica Shale Touted to Investors As Shale Drillers Continue Posting Losses

For the past several weeks, the drilling industry — hammered by bad financial results — has begun promoting its next big thing: the Utica shale, generating the sort of headlines you might have seen five years ago, when the shale drilling rush was gaining speed. “Utica Shale Holds 20 Times More Gas Than Previous Estimates”, read one headline. “Utica Bigger Than Marcellus”, proclaimed another.

FBI Advisory: Oil Trains At Risk of "Extremist" Attack, But Lacks "Specific Information" To Verify

A documentmarked “Confidential” and published a year ago today, on July 18, 2014, by the Federal Bureau of Investigation (FBI) concluded that “environmental extremists” could target oil-by-rail routes, as first reported on by McClatchyBut the Bureau also concedes upfront that it lacks “specific information” verifying this hunch.

Rail industry lobbying groups published the one-page FBI Private Sector Advisory as an exhibit to a jointly-submitted August 2014 comment sent to the U.S. Department of Transportation's (DOT), which has proposed “bomb trains” regulations currently under review by the White House Office of Information and Regulatory Affairs (OIRA)

Greenwash: Shell May Remove "Oil" From Name as it Moves to Tap Arctic, Gulf of Mexico

Shell Oil has announced it may take a page out of the BP “Beyond Petroleum” greenwashing book, rebranding itself as something other than an oil company for its United States-based unit.

Marvin Odum, director of Shell Oil's upstream subsidiary companies in the Americas, told Bloomberg the name Shell Oil “is a little old-fashioned, I’d say, and at one point we’ll probably do something about that” during a luncheon interview with Bloomberg News co-founder Matt Winkler (beginning at 8:22) at the recently-completed Shell-sponsored Toronto Global Forum.

“Oil,” said Odum, could at some point in the near future be removed from the name.

Enbridge Stuffs Provision into Wisconsin Budget to Expedite Controversial Piece of "Keystone XL Clone"

On Thursday, July 3 on the eve of a long Fourth of July holiday weekend, Canadian pipeline company giant Enbridge landed a sweetheart deal: a provision in the 2015 Wisconsin Budget that will serve to expedite permitting for its controversial proposed Line 61 tar sands pipeline expansion project.

Line 61 cuts diagonally across Wisconsin and goes into north-central Illinois, beginning in Superior, Wisconsin and terminating in Flanagan, Illinois. The Wisconsin Gazette refers to the pipeline as the “XXL” pipeline because it is bigger in size and has higher carrying capacity than the more well known tar sands pipeline cousin, TransCanada's Keystone XL, and is “buried beneath every major waterway” in the state.

Hillary Clinton State Department Emails Contain Redacted Job Description for Top Energy Diplomat

The U.S. State Department released a batch of 3,000 searchable documents formerly stored on the private hard drive and in a private email account of Democratic Party presidential candidate and former U.S. Secretary of State Hillary Clinton. Among them: a fully redacted job description for State Department International Energy Coordinator/Diplomat-At-Large.

David Goldwyn — now a fellow at the Atlantic Council, fellow at the Brookings Institution and head of Goldwyn Global Strategies — would eventually come to assume that role as head of the State Department's Bureau of Energy Resources, a Bureau that premiered under the watch of then-Secretary Clinton.

EPA's New Fracking Study: A Close Look at the Numbers Buried in the Fine Print

When EPA’s long-awaited draft assessment on fracking and drinking water supplies was released, the oil and gas industry triumphantly focused on a headline-making sentence: “We did not find evidence of widespread, systemic impacts on drinking water resources in the United States.”

But for fracking’s backers, a sense of victory may prove to be fleeting.

EPA’s draft assessment made one thing clear: fracking has repeatedly contaminated drinking water supplies (a fact that the industry has long aggressively denied).

How Many Voluntary Easements Has Energy Transfer Partners Signed With Iowa Landowners For The Bakken Oil Pipeline?

By David Goodner

Texas-based Fortune 500 company Energy Transfer Partners claims to have signed voluntary easement agreements with nearly 60 percent of Iowa landowners in the path of the proposed Dakota Access Pipeline which would transport Bakken crude through the state. But a DeSmog investigation into publicly accessible information has verified less than half that number, casting doubt on Energy Transfer’s claims.

Energy Transfer Partners owns the proposed Dakota Access pipeline, set to carry up to 575,000 barrels of oil per day obtained via hydraulic fracturing (“fracking”) from North Dakota’s Bakken Shale basin through North and South Dakota and Iowa and into the southern Illinois town of Patoka. The proposed project has faced stiff resistance from environmentalists, farmers and other Iowans along the proposed route and across the state.

EPA Study: Fracking Puts Drinking Water Supplies at Risk of Contamination

The Environmental Protection Agency has released its long awaited draft assessment of the impacts that fracking has on the nation's drinking water supplies — confirming that the process does indeed contaminate water.

“From our assessment, we conclude there are above and below ground mechanisms by which hydraulic fracturing activities have the potential to impact drinking water resources,” the EPA wrote.

The impacts take a variety of forms, the EPA wrote, listing the effects of water consumption especially in arid regions or during droughts, chemical and wastewater spills, “fracturing directly into underground drinking water resources,” the movement of liquids and gasses below ground “and inadequate treatment and discharge of wastewater.”

The agency wrote that it had documented “specific instances” where each of those problems had in fact happened and some cases where multiple problems combined to pollute water supplies.

Will Re-Fracking be the Shale Drilling Industry's Next Big Move?

With oil prices continuing to languish, companies like Halliburton and Schlumberger have started talking up a way to get more shale oil and gas for less money: re-fracking wells drilled over the past 10 years, kick-starting flagging production and pumping out more shale oil and gas while spending less than the cost of a new well.

Excitement has spread among oil companies and investment analysts alike.

Revealed: Energy Transfer Partners’ 'Pipeline-for-Prostitute' Landman

By Steve Horn and David Goodner

A DeSmog investigation has uncovered the identity of a land agent and the contract company he works with that allegedly offered to buy an Iowa farmer the services of two teenage sex workers in exchange for access to his land to build the controversial proposed Dakota Access pipeline, owned by Energy Transfer Partners.

The land agent who allegedly made the offer is Stephen Titus, a Senior Right-of-Way Agent who works for the Texas company Contract Land Staff, which was contracted by Energy Transfer Partners.

Pages

Subscribe to shale oil