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Month: July 2018

Category:
  • Offshore
  • USA

Senators plea for continued offshore oil and gas safety

A group of Democratic senators said eroding federal rules on offshore oil and gas safety means the government is ignoring lessons from Deepwater Horizon. The U.S. Interior Department’s Bureau of Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Climate
  • USA

Has The Movement For CO2 Controls Peaked?

The signs don’t look favorable for carbon dioxide emissions controls in the U.S. The Trump administra-tion along with much of the Republican party clearly do not believe in climate change Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Union Pacific positions to move Permian crude in tank cars: executive

 **Sees production decreasing **CP Rail moved 134,000 b/d in Q2 Receive daily email alerts, subscriber notes & personalize your experience. Register Now A shortage of pipeline takeaway capacity from the Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Coal
  • Nuclear
  • USA

US coal and nuclear plant bailout could cost $16.7 billion: study

 Providing financial support to uneconomic US coal and nuclear power plants, as the Trump administration has ordered, could cost $16.7 billion annually, according to a study commissioned by a group Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US Crude Oil Output Hits 11 Million bpd For First Time Ever

US crude oil production last week hit 11 million barrels per day (bpd) for the first time in the nation’s history. July 18 (Reuters) – U.S. crude oil production last Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Climate
  • USA

Oil majors win dismissal of New York City climate lawsuit

A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels.  Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Trump Tariffs Could Delay Permian Relief

The Permian basin has run up against a bottleneck for pipeline capacity. Gushing oil from West Texas will surpass the available space on the region’s pipelines this year, which could Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Tar Sands

Oil Investors Look To Utah For Long-Term Riches

The rise in oil prices has resulted in relentless drilling and booming production in the U.S. shale plays, and the Permian in West Texas is attracting the most drillers, analysts, Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • North Sea

The Reported Death of Peak Oil Has Been Greatly Exaggerated

 It was expected by many, me included but more importantly UKOGA and a couple of the bigger oil and gas consultancies, that UK offshore oil production would increase significantly from Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple
Category:
  • Russia

In sign of supply flexibility, Russia wields oil stocks to boost output

Russia used stocks held in tanks at its oilfields to help boost crude production in June, three industry sources told Reuters, in a sign of supply flexibility as OPEC kingpin Continue Reading

Posted On : 20 Jul 2018 Published By : Tom Whipple

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