Permian oil producers have a natural gas problem
A natural gas bottleneck in the Permian Basin could force oil producers to shut wells or seek waivers to flare large amounts of natural gas if takeaway capacity does not Continue Reading
A natural gas bottleneck in the Permian Basin could force oil producers to shut wells or seek waivers to flare large amounts of natural gas if takeaway capacity does not Continue Reading
A new and growing challenge for Permian oil and gas companies is handling and disposing of water. Much of the attention given to the Permian Basin nowadays hinges on growth Continue Reading
The ongoing debate around whether it’s feasible to have an electric grid running on 100 percent renewable power in the coming decades often misses a key point: many countries and Continue Reading
Subtropical Storm Alberto, the first named storm of the 2018 Atlantic hurricane season, is forcing the evacuation of oil workers from the U.S. Gulf of Mexico as it moves toward Continue Reading
The biggest U.S. biodiesel lobbying group has dropped its nine-year push to covert a $1-per-gallon tax credit available to blenders of the biofuel into one for producers, the vice president Continue Reading
As the start of a new hurricane season looms on June 1, homeowners along this stretch of Texas coast—which Harvey pounded with 130-mile-an-hour winds before steering north to drench Houston—are Continue Reading
The immediate energy nightmare in Puerto Rico is gradually winding down, with electrical power now available to about 90 percent of households (some rural areas are still without power). But Continue Reading
Russian President Vladimir Putin said on Friday that an oil price of $60 per barrel suited Russia and that high oil prices could create problems for consumers. Russia, which reached Continue Reading
Russia’s largest oil producer Rosneft supports the gradual easing of oil output cuts, Eric Liron, Rosneft’s first vice president, told Reuters on Friday. He also said that Rosneft’s oil production Continue Reading
Expect more oil on the global market by the third quarter of the year, Russia’s energy minister said from St. Petersburg. File Photo by Oskari Porkka/Shutterstock May 25 (UPI) — Continue Reading