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The Railroad Commission of Texas (RRC) on Tuesday adopted rule changes that are intended to more closely regulate drilling waste disposal wells in areas of the state where there has been or could be heightened seismic activity. Read More

Westlake Chemical Corp. will invest more than $330 million to expand its ethylene capacity by about 250 million pounds annually and make other capital improvements in Lake Charles, LA, the Houston-based company said Thursday. The expansion is expected to be completed in late 2015 or early 2016. Read More

Magnum Hunter Resources Corp. said Wednesday that it had finally completed test results at the Stewart Winland well pad in Tyler County, WV, releasing flow rates from the other three wells nearly a month after an initial well tested at 46.5 MMcf/d (see Shale Daily,Sept. 25). Read More

Lawmakers in both chambers of the Pennsylvania General Assembly have unanimously passed a bill requiring operators of unconventional oil and gas wells to report their production on a monthly basis, a similar practice in other major producing states. The bill is awaiting Gov. Tom Corbett's signature. Read More

Petroleos Mexicanos (Pemex) and Pacific Rubiales Energy Corp., which has a base in Colombia and claims to be the largest independent oil and gas producer in Latin America, have entered into a three-year memorandum of understanding (MOU) to analyze potential oil and natural gas cooperation in Mexico. This will include exploration, deep-water projects, revitalization of mature fields, heavy and extra-heavy oil onshore and offshore fields, high water production fields and other upstream activities. Read More

Castleton Commodities International (CCI) plans to invest $1.2 billion to develop a methanol manufacturing plant on the east bank of the Mississippi River in Plaquemines Parish, LA, south of New Orleans, the Stamford, CT-based commodities merchant said Friday. Read More

Magnum Hunter Resources Corp. keeps whittling away at its North Dakota portfolio, announcing late Thursday another deal to sell more of its nonoperated Bakken Shale assets, this time divesting 12,500 net acres for $84.7 million to a large undisclosed independent. Read More

The Pennsylvania Public Utility Commission has rejected a ruling by two administrative law judges that it should dismiss a petition by Sunoco Logistics Partners LP to be a public utility for the Mariner East pipeline. The PUC ordered more public hearings on the issue. Read More

The Bureau of Land Management has scheduled an oil and natural gas lease sale for the National Petroleum Reserve in Alaska to be held Nov. 19 in Anchorage. Read More

Analysts with Wells Fargo Securities LLC said natural gas processing capacity has been keeping pace with the significant growth of gas production in the United States, especially since the shale revolution. Read More