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Month: April 2018

Category:
  • Climate
  • USA

EPA proposes to bar use of confidential data in rulemaking

The Environmental Protection Agency announced a new rule on Tuesday that would stop it from relying on scientific research underpinned by confidential data in its making of regulations. The measure Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • exports
  • USA

U.S. exporting more oil, but that could change

One of the uncertainties in the energy market is how demand figures respond to higher oil prices, analysis finds. U.S. consumers are paying about 15 percent more for gas than Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Weatherford takes a loss in the first quarter

Following its industry peer, Schlumberger, oilfield services company Weatherford said its revenue for the first quarter was lower despite the robust market. Weatherford International, one of the largest oilfield services Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • USA

E.P.A. Announces a New Rule. One Likely Effect: Less Science in Policymaking.

Scott Pruitt, the E.P.A. administrator. Critics of the proposed measure say it will undercut the agency’s ability to protect public health. WASHINGTON — The Environmental Protection Agency announced a new Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian crude differential hits lowest since Aug 2014 as output tops expectations

Permian Basin light sweet crude WTI Midland fell to its lowest level in more than three and a half years Tuesday, with rising production and limited takeaway capacity pushing down Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Pipelines

Enbridge Shares Fall on Minnesota Pipeline Route Ruling

Shares of Canadian pipeline operator Enbridge Inc dropped more than 4 percent on Tuesday after a Minnesota judge agreed the Line 3 oil pipeline replacement project was needed but rejected Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Basin Seen Growing to Largest Oil Patch in the World

The Permian shale play is all about setting records. Now, the region will probably become the world’s largest oil patch over the next decade. Output in the basin is forecast Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Energy Storage

A New Lithium War Is About To Begin

Lithium, or “white petroleum” as some call it, has become a crucial element in today’s high-tech economy. Demand for lithium is soaring, and producers are frantically searching for new sources Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Higher Prices Set To Send U.S. Oil Stocks Soaring

The U.S. shale industry is widely expected to become cash flow positive for the first time. For years, even when oil prices were high prior to the 2014 meltdown, shale Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple
Category:
  • Offshore

Shell to Deploy New Design in Mississippi Canyon

Shell, Statoil to proceed with eight-well subsea project southeast of New Orleans. Shell Offshore, Inc. will proceed with the Vito deep-water development in the U.S. Gulf of Mexico. The Royal Continue Reading

Posted On : 25 Apr 2018 Published By : Tom Whipple

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