Last updateTue, 25 Jun 2019 4pm


ND Leads 3-State Region in Oil, Gas Leases

Federal oil and gas lease sales in the Dakotas and Montana set a record in fiscal 2009, with parcels in western North Dakota's booming oil patch accounting for the overwhelming bulk of interest, the Bureau of Land Management said Monday.

Oil and gas lease sales in the three states totaled $75.4 million during fiscal 2009, which ended in September, said Greg Albright, a BLM spokesman in Billings, Mont.

Source: Associated Press

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GE Oil & Gas, Qatar Petroleum Sign Deal

GE Oil & Gas and a subsidiary of Qatar Petroleum said Tuesday that they have signed partnership deals that the companies say will bolster GE Oil & Gas' pipeline business in the Middle East and help Qatar boost oil and gas capacity.

Under the first agreement, Al Shaheen Energy Services will become a 50 percent partner in GE Oil and Gas' PII Pipeline Solutions business that provides services to help secure safe pipeline operations, maximize throughput for operators, and maintain cost-effective compliance.

Source: Associated Press

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Loan Program May Stir Nuclear Industry

When experts on power grid reliability asked themselves recently how a cleaner energy future would look, seven of eight regional councils imagined how their systems would work with 10 percent wind power.

Only one, representing the southeastern United States, chose a radically different option: doubling nuclear power capacity.

Source: New York Times

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NYC Urges Ban on Shale Gas Drilling in Watershed

Shale gas trapped deep underground is considered one of the most promising sources of U.S. energy, but environmentalists and small-town neighbors of drilling operations -- and now the biggest city in the United States -- are seeking to limit its exploitation.

The drilling process known as hydraulic fracturing, or "fracking," involves blasting through rock with a mixture of water, sand and a proprietary list of chemicals used to split the shale formation and free trapped gas.

Source: Reuters

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