Regional News: United States

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Big Drop in US Oil Stocks Finally on the Way, Traders Say
Thursday, May 25, 2017 A reduction would show the market is finally reversing course after years of stock builds that left a worldwide overhang of half a billion barrels of crude oil and refined products.

Former House Speaker Boehner: Trump 'Still Learning How to be President'
Thursday, May 25, 2017 John Boehner delivers a fierce keynote in which he shares his view on Trump's presidency, whether or not he'd consider running for president and of course, Russia.

US Weather Forecasters Predict Above-normal Hurricane Season
Thursday, May 25, 2017 NOAA will update its outlook again in August, just before the peak storm season.

Oil Plunges 5% On Disappointment With OPEC Cuts
Thursday, May 25, 2017 Oil prices tumbled 5% as the extension of output curbs by OPEC and other producing countries disappointed investors.

BLOG: OFS Crew Cuts May Shave Near Term US Crude Oil Production Growth
Thursday, May 25, 2017 Rebuilding the completion crew workforce at US shale plays will take time, likely to slow North American crude oil production.


Kemp: US Freight Recovery Spurs Diesel Demand
Thursday, May 25, 2017 U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.

Come Together: All Eyes On OPEC's Epic Pursuit of Oil Price Stability
Wednesday, May 24, 2017 Every drop of oil counts in the weight of crude inventory on the global price scale, as OPEC and non-OPEC nations congregate in Vienna on May 25 to consider extending production cuts.

U.S. Plan to Sell Oil Reserve Shows Declining Import Needs
Wednesday, May 24, 2017 Congress can reject the White House's plan.

BLOG: Rigzone's Downstream Coverage Starts New Chapter
Wednesday, May 24, 2017 A new chapter begins for Rigzone's downstream coverage.

GE's Chief Technology Officer Says Standardization is Key to Survival
Wednesday, May 24, 2017 GE's CTO Kishore Sundararajan discusses how technology can help shape more efficient operations and develop opportunities for a new workforce.

Icahn Reaps $60 Million Windfall as Trump Regulations Adviser
Wednesday, May 24, 2017 Icahn's windfall results from potential changes in the George W. Bush-era law known as the Renewable Fuel Standard.

Saudi Aramco Plans Up to $30B Investment in Motiva by 2023
Wednesday, May 24, 2017 Motiva's Port Arthur facility is already the largest refinery in the United States.

Wall Street Rises, Dollar Falls on Fed Minutes; Oil Retreats
Wednesday, May 24, 2017 Oil prices were lower after the Energy Information Administration said U.S. crude oil inventories fell for the seventh straight week.

Trump's Bid to Sell US Reserve Oil Could Offset OPEC Cuts
Wednesday, May 24, 2017 President Donald Trump has proposed selling off more than half of the US emergency oil stockpile, potentially putting more crude on the global market, even as OPEC works to prop up prices.

EP Energy, Tesoro Form Drilling JV in Utah's Uinta Basin
Wednesday, May 24, 2017 Tesoro will buy all the oil produced from the wells and provide capital for a 50 percent stake in EP Energy's working interest in the wells.

BLOG: Rigzone's Downstream Coverage Starts New Chapter
Tuesday, May 23, 2017 A new chapter begins for Rigzone's downstream coverage.

Oil Settles Up Slightly On View OPEC Will Extend Output Cuts
Tuesday, May 23, 2017 Oil prices settled a bit higher as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of US petroleum reserves.

Trump Budget Would Sell Entire US Northeast Gasoline Reserve
Tuesday, May 23, 2017 The Trump administration is proposing to sell off in the coming fiscal year the entire gasoline reserve created in the aftermath of Hurricane Sandy, according to its budget proposal unveiled on Tuesday.

Trump Proposes Selling Off Half US Strategic Oil Reserve
Tuesday, May 23, 2017 The White House plan to trim the national debt includes selling off half of the nation's emergency oil stockpile, part of a broad series of changes proposed by President Trump.

Where Did Top Downstream Execs Go To College?
Monday, May 22, 2017 Check out the educational routes some top downstream execs took to launch their careers.

After Merger, Refiner Delek to Lay Off Staff in Texas
Monday, May 22, 2017 Delek will cut almost 100 Dallas workers after its merger with Alon is completed.

Oil Rises To Month-High With Output Cut Extension Expected
Monday, May 22, 2017 Oil prices rose as growing confidence that top exporters would agree to extend supply curbs this week and speculation that the cuts could be deepened.

Clariant to Buy Huntsman for $6.4 Billion as M&A Surges
Monday, May 22, 2017 The new entity's global headquarters will be at Pratteln, Switzerland and its operational headquarters will be at The Woodlands, Texas.

Huntsman-Clariant Is a Good Mix With a Governance Risk: Gadfly
Monday, May 22, 2017 The stars have aligned for another big transatlantic chemical deal.

White House Moving Ahead with Stiff EPA Budget Cuts -Group
Friday, May 19, 2017 An EPA spokeswoman defended aggressive proposals to cut the agency's budget.

Oil At One-Month High, Supply-Cut Extension Expected
Friday, May 19, 2017 Oil prices rose on Friday, closing out a second week of gains.

Full Tanks and Tankers: A Stubborn Oil Glut Despite OPEC Cuts
Friday, May 19, 2017 Stalled crude storage tank drawdowns have shed light on the broader challenge facing OPEC.

US Gasoline Demand Weak but Expected to Strengthen This Summer
Friday, May 19, 2017 Unless gasoline demand sharply increases, oil refiners may be in for another tough year.

Baker Hughes: US Drillers Add Oil Rigs For 18th Week In A Row
Friday, May 19, 2017 US energy companies added oil rigs for an 18th week in a row, the second-longest such streak on record.

Halliburton's Incoming CEO Sees Price Hike Above 10%
Thursday, May 18, 2017 Halliburton expects to raise prices more than 10% this year.

The Right Downstream Role for You: A Recruiter's Perspective
Thursday, May 18, 2017 Houston-based recruitment pro offers insights on various downstream career paths and why it's a "hugely exciting" time to join the industry.

Noble Energy To Sell 50% Stake In Cone Gathering
Thursday, May 18, 2017 Noble Energy says it will sell its 50% stake in privately-held Cone Gathering LLC to Quantum Energy Partners for $765 million in cash.

Oil Rises, Increased Cut Cooperation Ahead Of OPEC Meeting
Thursday, May 18, 2017 Oil prices settled higher, as key producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.

LNG Exporter Tellurian Pulls Share Sale on 'Adverse' Market
Thursday, May 18, 2017 Tellurian, co-founded by ousted Cheniere Chief Executive Officer Charif Souki, is developing the Driftwood LNG export terminal in Louisiana.

U.S. Senate Tees Up 'Accountability Act' as Regulation Fight Intensifies
Thursday, May 18, 2017 The next step, debating the bill on the Senate floor, has not been scheduled.

U.S. Inventories of Oil, Gasoline Fall in Latest Week - EIA
Thursday, May 18, 2017 U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, said EIA.

Oregon County Rejects Measure Blocking Natural Gas Terminal
Wednesday, May 17, 2017 A coastal Oregon county overwhelmingly rejected a ballot measure aimed at blocking a proposed natural gas terminal.

U.S. Industry Seeks Faster Permits, Simpler Rules in Trump Reg Reset
Wednesday, May 17, 2017 "Last time I remember this was 2001. That was the last big opportunity to make some changes," said David Friedman of American Fuel & Petrochemical Manufacturers.

Halliburton CEO To Retire Next Month, Be Replaced By Jeff Miller
Wednesday, May 17, 2017 Halliburton says that Chief Executive Officer Dave Lesar will retire on June 1.

BLOG: Job-Hopping Traders May Weigh Down Oil, Gas Prices
Wednesday, May 17, 2017 Market optimism gives commodity traders incentive to shuffle between jobs in search of better pay, more flexibility, but that freedom may come at a cost to oil and gas price points.

Midstream Gains $1.9 Billion on Gas in the Mighty Marcellus, Utica
Wednesday, May 17, 2017 Northeast Pennsylvania pipeline expansion will distribute $1.9 billion in adjusted earnings almost in the middle between gathering systems and long-haul transportation, according to East Daley Capital report.

Oil Rises On US Inventory Draw As OPEC Beckons
Wednesday, May 17, 2017 Oil prices settled at a two-week high after US crude inventories declined for the sixth straight week.

Brady Sets Border Tax Hearing as McConnell Predicts Failure
Wednesday, May 17, 2017 Retailers, oil refiners and other industries that rely on imports say the tax would raise consumer prices on basic items.

Which Downstream Career Path Fits You?
Wednesday, May 17, 2017 Rigzone highlights some downstream career paths based on work environment and level of interaction with others.

US Motorists on Roads for Memorial Day Weekend to Be Highest Since 2005
Wednesday, May 17, 2017 The expectation for high driving numbers is welcome news for U.S. gasoline refiners.

Shale Play 'Left for Dead' Gets Some Love as US Gas Rises
Tuesday, May 16, 2017 A natural gas basin that helped kickstart the shale boom a decade ago is getting a new lease on life as the market recovers.

LyondellBasell Breaks Ground on Texas PE Project
Tuesday, May 16, 2017 According to LyondellBasell, the project will create up to 1,000 jobs at the peak of construction and 75 permanent positions during operations.

Moving the Oil, Gas Industry Forward in a Digital Age
Tuesday, May 16, 2017 Leaders from Lloyd's Register discuss the constant evolution of oil and gas technologies and how it will shape the worker of the future.

Oil Rally Stalls as Market Awaits Signs US Supply Glut Easing
Tuesday, May 16, 2017 Oil investors are taking a break as they await further signs that US oil inventories are falling.

Experience, Sound Advice Help Fuel Oil Dealers Handle Large Exposures
Monday, May 15, 2017 A relatively small spillage from an overturned fuel or oil tanker on a highway, a rather common occurrence, can range from $500,000 to $4 million.

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