Large Rig Count Gains Rock Oil Markets
The number of active oil and gas rigs in the United States increased on Friday by 18 for a total of 712 active rigs, according to oilfield services provider Baker Continue Reading
Energy pipelines back in investor favor after Trump orders
Investors have rushed back into North American pipelines after U.S. President Donald Trump revived growth prospects in a sector that struggled to cope with a two-year oil price slump and Continue Reading
Border tax ideas roil oil markets, favor Gulf Coast refiners
As with many industries now fretting over the uncertain future of U.S. trade policy, the oil business is sizing up the potential impact of the various protectionist measures being bandied Continue Reading
Oil Shipments Show That OPEC Is Sticking to Its Cuts
No compatible source was found for this media. Are Producers Complying With OPEC’s Output Cuts? Oil supplies from OPEC are plunging this month as the group implements production cuts aimed Continue Reading
Canada Energy East pipeline review to restart under current regulator
A review of TransCanada Corp’s proposed Energy East pipeline will start again from the beginning, Canada’s National Energy Board (NEB) regulator said on Friday, voiding all decisions from the project’s Continue Reading
Trump Adviser Calling for Overhaul of ‘Junk Science’ at EPA
A former adviser to President Donald Trump’s Environmental Protection Agency transition team called for shrinking the regulator and overhauling the way it uses science to set policy. “They’ve really gotten Continue Reading
Regulator Voids TransCanada Energy East Project Decisions
Canada’s lead pipeline regulator has voided past decisions on TransCanada Corp. ’s application for its proposed Energy East pipeline, forcing the company to start the hearing process from the beginning Continue Reading
Chevron’s First Loss in Decades Signals Hard Time for Giants
Chevron Corp. posted its first annual loss since at least 1980 as the world’s biggest oil companies struggle to emerge from the worst collapse in a generation. Investors punished the Continue Reading
U.S. Gas May Be One Trade That Survives Trump’s Mexico Clash
U.S. Stands to Suffer in Border War With Mexico It could take more than a political standoff between President Donald Trump and Mexico to keep U.S. shale gas from flowing Continue Reading
Both sides of the border praise Keystone XL
U.S. and Canadian trade groups said building the Keystone XL oil pipeline to southern U.S. ports was critical for the region’s energy infrastructure. Pipeline company TransCanada announced it re-submitted an Continue Reading