Highlights Q4 deliveries at 3.31 mil st, down 23.8% on year CAPP barge deliveries rise to one-year high in Q4 Coal deliveries from Central Appalachia mines to US power plants Continue Reading
Highlights Basin capable of 200,000 b/d growth for some years Pioneer, with Parsley add, now has 20 rigs in basin Majors greatly reduced Permian rigs in past year Houston — Continue Reading
The US can compartmentalize its geopolitical tensions with China to work with the country on ambitious climate plans aimed at limiting global temperature rise to 1.5 degrees Celsius, Special Presidential Continue Reading
Private equity firms are proving there’s still plenty of profit in the U.S. coal industry despite a decade of falling demand for fossil fuel. They are spending billions of dollars Continue Reading
President Joe Biden said Tuesday the U.S. expects to take delivery of enough coronavirus vaccine for all adults by the end of May — two months earlier than anticipated — Continue Reading
The American Petroleum Institute, the oil and gas industry’s top lobbying arm, is edging closer to endorsing a carbon tax, a tool that would make fossil fuels more expensive, boost Continue Reading
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 7.356 million barrels for the week ending February 26. Analysts had predicted an inventory draw Continue Reading
U.S. gasoline demand jumped last week to the highest level since the COVID-19 pandemic started, with demand this past Sunday up by 18.2 percent compared to the previous Sunday, according Continue Reading
Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities. The lack of shipments in Continue Reading
When Weatherly Oil and Gas filed for bankruptcy in February 2019, the company was walking away from several hundred Texas wells. Many hadn’t produced a drop of oil in years. Continue Reading
