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Trump Calls Meeting On Biofuels Policy Blamed By Bankrupt Refiner
Friday, February 23, 2018 President Trump has called a meeting early next week with key senators and Cabinet officials to discuss potential changes to biofuels policy.
Shale Producers Urge FERC To Deny White Cliffs Oil Pipeline's Fee Request
Friday, February 23, 2018 Top shale oil producers asked a US regulator this week to reject White Cliffs pipeline's application.
Baker Hughes: US Oil Rig Count Rises For Fifth Straight Week
Friday, February 23, 2018 US energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs.
ETP Eyes New Crude Pipeline From Permian Basin To Nederland, Texas
Thursday, February 22, 2018 Energy Transfer Partners LP is considering constructing a new crude oil pipeline from the Permian basin in Texas to Nederland, Texas.
EIA: US Crude Stocks Fall Unexpectedly As Net Imports Hit Record Low
Thursday, February 22, 2018 US crude oil stockpiles fell unexpectedly last week as net imports dropped to a record low due to a surge in exports.
Aruba Government Begins Talks With US Over Aruba Refinery Pause
Thursday, February 22, 2018 The Aruba government says it has started talks with the United States.
Permian's Mammoth Cubes Herald Supersized Future for Shale
Thursday, February 22, 2018 In the scrublands of West Texas there's an oil-drilling operation like few that have come before.
Chesapeake Says To Raise 2018 Output On Lower Spending, Shares Jump
Thursday, February 22, 2018 Chesapeake says it expects production to keep rising this year, despite a 12% cut in spending.
Digitization at Work: GE and Noble Launch Digital Rig
Thursday, February 22, 2018 GE and Noble launch the world's first digital drilling vessel, which will detect potential failures 2 months before they occur and reduce OPEX by as much as 20%.
Tellurian Launches Open Season for Haynesville/Bossier Pipeline
Wednesday, February 21, 2018 The $1.4 billion project could begin service in mid-2023, says company.
Oil Largely Steady As Dollar Strengthens
Wednesday, February 21, 2018 Oil prices were little changed ahead of data expected to show rising crude inventories in the United States.
Cruz Urges Biofuels Policy Revamp At Rally For Bankrupt US Refinery
Wednesday, February 21, 2018 Republican Senator urges Trump's administration to push for an overhaul of the nation's biofuels policy to save refinery jobs.
Oil Producer EQT Corp To Spin Off Midstream Operations
Wednesday, February 21, 2018 Oil and gas producer EQT Corp will separate its upstream and midstream businesses, finally giving in to months of investor pressure.
Concho Resources Tops Profit Estimates
Tuesday, February 20, 2018 Concho Resources posts a better-than-expected quarterly profit, helped by higher crude prices.
Crude Rises to Two-Week High as World Tugs on US Oil Supplies
Tuesday, February 20, 2018 Crude in New York rose to a two-week high.
US Oil's Costly Again as It's Stored Less and Shipped More
Tuesday, February 20, 2018 Dwindling volumes at the biggest US oil storage hub and the potential for bigger cargoes to sail overseas is giving American crude a premium sheen once again.
Refiner Goes Belly-Up After Big Payouts To Carlyle Group
Tuesday, February 20, 2018 Although little oil flowed, plenty of money did.
Energen's Oil Production Forecast Misses Estimates Amid Proxy Fight
Tuesday, February 20, 2018 Energen reports a better-than-expected quarterly profit, but expectations for oil production fell short.
BHP Sees Faster Shale Sale in Race to Exit $10 Billion Unit
Tuesday, February 20, 2018 BHP Billiton Ltd. is accelerating plans to exit its $10 billion US shale unit.
US Oil Exports Go Up a Gear as Supertanker Sets Sail for China
Monday, February 19, 2018 The flood of US oil exports stepped up a gear after the first fully laden supertanker sailed from an American port.
Media: Cleanup Underway After Centurion Pipeline Oil Spill In Oklahoma
Monday, February 19, 2018 A cleanup is underway after oil spilled into a pond from a pipeline that burst near a neighborhood in Yukon, Oklahoma.
Pipeline Group Warns Trump Admin Steel Finding Could Curb Job Creation
Monday, February 19, 2018 Commerce Department sees national security threat from steel imports.
Baker Hughes: US Drillers Add Oil Rigs For Fourth Consecutive Week
Friday, February 16, 2018 US energy companies add oil rigs for a fourth week in a row.
US Sets Largest Offshore Oil, Gas Lease Auction For March
Friday, February 16, 2018 The Trump administration says it will offer the largest oil and gas offshore auction in US history on March 21.
Andeavor To Run Refineries Up To 96% Combined Capacity In 1Q
Friday, February 16, 2018 Andeavor says it plans to run its 10 US refineries up to 96% of their combined capacity.
Meeting the Corrosion Protection Needs of the Booming Oil, Gas Industry
Friday, February 16, 2018 With the surge of pipelines in the US pipeline protection should be at the forefront.
US Spending Bill Expands Carbon Tax Credit, Boosting Oil Producers
Thursday, February 15, 2018 A little-noticed addition to the US budget deal approved last week will help Oxy and other oil producers by more than tripling a tax credit.
Brent Crude Settles Flat, US Oil Up On Short Covering
Thursday, February 15, 2018 Oil markets were mixed with Brent flat even though the dollar slid.
Trump Nominee For Key US Energy Post Says Would Oppose Russia Pipeline
Thursday, February 15, 2018 Trump's nominee for a top State Department energy position says he would oppose Russia's proposed natural gas pipeline
CFO: Sand Delays To Cut Halliburton's 1Q EPS By 10 Cents
Thursday, February 15, 2018 Halliburton's 1Q earnings would be reduced by 10 cents per share due to delays in sand deliveries, a senior company executive says.
Marathon Oil Profit Beats Forecasts On Rising Crude, Cost Cuts
Wednesday, February 14, 2018 Marathon Oil Corp posts a better-than-expected adjusted quarterly profit.
Trump Tells Lawmakers He Would Support 25-Cent Gas Tax Increase
Wednesday, February 14, 2018 President Donald Trump told lawmakers he would support a 25-cent-per-gallon increase in federal gasoline and diesel taxes.
Oil Rallies On Saudi Comments, Weak Dollar
Wednesday, February 14, 2018 Oil prices rallied, shaking off earlier weakness.
Shell's Pivot to Renewables Sharpens With California Deal
Wednesday, February 14, 2018 Shell, the world's second-biggest oil company, is expanding its bet on renewable energy.
America Wants to Make Its Own Massive Offshore Wind Turbines
Wednesday, February 14, 2018 With state officials eyeing $56B of wind farm projects off the American coastline, developers are worried the turbines will need to be stamped with a big 'Made in the USA.'
EIA: US Oil Stocks Rise, Refining Rates Cut
Wednesday, February 14, 2018 US crude stocks rose last week as refineries cut output, while gasoline stocks increased and distillate inventories fell, the EIA says.
Filing: Vallourec Drilling Products Cuts About 150 Jobs In Texas
Tuesday, February 13, 2018 Vallourec Drilling Products will lay off roughly 150 employees in Texas, according to a regulatory filing.
Occidental Petroleum Profit Matches Street Forecast; Shares Slip
Tuesday, February 13, 2018 Occidental Petroleum Corp posted a quarterly profit that met - but did not exceed - Wall Street's expectations.
Oil Prices Flat Amidst Oversupply Concerns, Weak Dollar
Tuesday, February 13, 2018 Oil prices ended largely unchanged as a weaker dollar spurred a rebound.
Fight Over Ethanol Escalates as Bankruptcy Refuels Debate
Tuesday, February 13, 2018 The battle between US farm interests and oil-refining advocates such as Carl Icahn is heating up again.
A Powerful Mix of Solar and Batteries Is Beating Natural Gas
Tuesday, February 13, 2018 Natural gas is getting edged out of power markets across the US.
US Supertanker Terminal Set to Export Oil for First Time
Tuesday, February 13, 2018 The nation's top imports terminal is testing one of the industry's biggest tankers to load an export cargo for the first time.
Williams Seeks Rehearing Of NY Denial Of Constitution Natgas Pipe
Monday, February 12, 2018 Consortium asks US federal energy regulators to review their order related to a water quality permit.
Oil Prices Settle Flat, Steady After A Week Of Losses
Monday, February 12, 2018 Crude markets began to steady, settling little changed on the day.
Cheniere LNG Output Unaffected By Shutdown Of Louisiana Storage Tanks
Monday, February 12, 2018 Cheniere says LNG production from its Sabine Pass export plant in Louisiana will not be affected.
Oil Skids To Biggest Weekly Loss In 2 Years Amid Market Turmoil
Friday, February 09, 2018 Oil prices slid more than 3% as US futures fell below $60 a barrel for the first time since December.
Tax Break Popular With Oil Companies, Conservationists Gets Boost
Friday, February 09, 2018 Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress.
With CNPC Deal, Cheniere's Train 3 at Corpus Christi Becomes More Likely
Friday, February 09, 2018 CNPC unit to buy roughly 1.2 mtpa of LNG through 2043.
Shell's Cougar Platform Becomes Artificial Reef
Friday, February 09, 2018 The Cougar platform in the Gulf of Mexico has become an artificial reef, after safely producing more than 31 million barrels of oil equivalent over a span of nearly two decades.
US Oil Reserve Would Fall Nearly in Half Under Budget Deal
Thursday, February 08, 2018 The US is poised to sell half of its emergency oil reserves to help pay its bills.