US District Judge Scott Skavdahl on Thursday approved a joint motion by parties to delay the implementation of federal rules governing hydraulic fracturing until the middle of next month. The delay is needed to "complete a preliminary review of the record and identify additional citations pertinent to the pending motions for a preliminary injunction," attorneys wrote Wednesday.
Cheniere Energy received a 20-year license from the Energy Department to export liquefied natural gas from its Corpus Christi Liquefaction project in Texas to countries with free-trade agreements with the U.S. The license will enable exports of about 1.41 billion cubic feet of LNG per day.
Oil and natural gas production last year helped bolster economic growth for several states, according to data from the Commerce Department. North Dakota had the fastest gross domestic product growth at 6.3%, followed by Texas with 5.2%.
Enbridge Energy on Thursday signed a deal with the Michigan Department of Environmental Quality to avoid transporting heavy crude oil via the Line 5 pipeline that passes through the Straits of Mackinac.
Anadarko Petroleum has used a digital oilfield solution called Integrated Production Surveillance and Optimization in its deepwater Gulf of Mexico operations to help oversee integrated workflows in real time, said Huan Gamblin, a staff reservoir engineer with the company. The technology will also be deployed in operations off Mozambique's coast, Gamblin said.
Holly Energy Partners on Thursday said it acquired the 50% share Enbridge Energy has in the 296-mile Frontier Pipeline. The pipeline can carry as much as 72,000 barrels of crude oil per day from Wyoming to Utah.
Sen. Michael Bennet, D-Colo., said he will support lifting the ban on crude oil exports if it is part of a broader U.S. energy plan addressing climate change and energy security.
Thirteen states, led by North Dakota, asked US District Judge Ralph Erickson to expand a temporary injunction against the federal water rule to all states. The Environmental Protection Agency and the Army Corps of Engineers were "quick to abandon their uniform applicability concerns in favor of seeking to limit the scope of this Court's ruling," the states wrote in a filing.
Royal Dutch Shell's $70 billion deal with BG Group received approval from the European Commission on Wednesday. The takeover would improve Shell's profitability and resiliency in the face of a sustained period of low oil prices, Shell CEO Ben van Beurden said. The deal is expected to be completed early next year.
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