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Month: June 2017

Category:
  • Offshore

In disaster’s wake, BP doubles down on deepwater despite surging shale

About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • exports

Asserting ‘dominance,’ Trump seeks boost for U.S. energy exports

President Donald Trump gives a thumbs up as he walks up the West Wing colonnade to greet India’s Prime Minister Narendra Modi as Modi arrives for a visit in Washington. Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Pipelines

Clogged oil arteries slow U.S. shale rush to record output

A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • USA

General Motors Lowers Outlook for Industry Vehicle Sales

General Motors Co. expects industry vehicle sales to fall short of its original forecast for the year, the latest sign of a slowdown in the U.S. auto market after a Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Shale Oil

The Eagle Ford Rebound Needs $48 Oil

The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S. Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Prices

Statoil Economist Predicts $60 Oil “Relatively Soon”

According to Waerness , $60 barrel is unlikely to happen as soon as tomorrow, but the goal will be met sooner, rather than later, on a 2050 timeline. A series Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Norway

Norway could get economic lift from northern oil field

Norwegian energy company Statoil said Monday it expected some economic spillovers would come from support centers for its Johan Castberg field. The company said the northern port city of Hammerfest, Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • Russia

13 Of 28 EU Nations Support Intervention In Nord Stream 2 Deal

The European Union should negotiate the terms of the North Stream 2 pipeline, which would double the existing pipeline’s capacity to bring Russian gas to Europe, according to 13 of Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Climate

How the gas industry can help fight climate change in Siberia

Permafrost is the layer of permanently frozen earth – over 3,000 feet thick in some places – that lies just beneath the land surface in Arctic regions. It formed over Continue Reading

Posted On : 27 Jun 2017 Published By : Tom Whipple
Category:
  • Prices

Oil climbs on weaker dollar, but rise in U.S. drilling drags

Oil prices rose early on Monday on a weaker dollar, but increased U.S. drilling activity stoked worries that a global supply glut would persist despite efforts by some producers to Continue Reading

Posted On : 26 Jun 2017 Published By : Tom Whipple

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