Iran, Venezuela, Libya. The threats to global oil supplies are well known, reading like a laundry list of the world’s hotspots afflicted by sanctions, strife, and civil war. But over Continue Reading
Beto O’Rourke, a Democratic presidential candidate, has signed a pledge to not accept any campaign donations from the oil and gas industry, and to return donations received since the start Continue Reading
A junior Canadian gas E&P company has shut down abruptly, leaving as many as 4,700 wells behind, CBC reports , quoting the Alberta Energy Regulator, which said it had sent Continue Reading
As the acquisition war rages on over Anadarko, some analysts are suggesting that there will be additional mergers and acquisitions as major oil companies seek to increase their foothold in Continue Reading
President Donald Trump’s executive orders will provide US pipeline companies with the certainty they need to advance their natural gas infrastructure projects through federal and state permitting reviews, the top Continue Reading
Shell is keen to grow its US shale oil portfolio but does not feel pressured to chase new acquisitions, as Occidental and Chevron battle for control of Anadarko’s Permian-rich upstream Continue Reading
The Trump administration is giving oil companies more flexibility when drilling offshore, by easing Obama-era mandates imposed in response to the 2010 Deepwater Horizon disaster. (Bloomberg) — The Trump administration Continue Reading
Petrobras had been the sole owner of the facility since 2008. Chevron U.S.A. Inc. (CUSA) has completed its $350 million acquisition of Pasadena Refining System, Inc. (PRSI) and PRSI Trading Continue Reading
New York — HollyFrontier bumped up the amount of sour crude processed in its Permian Basin-fed Navajo refinery in Artesia, New Mexico, in the first quarter of 2019 to 75% Continue Reading
The US active rig count bounced back this week as operators deployed an additional 18 oil and natural gas rigs to lift the total to 1,084 in the week that Continue Reading
