US crude oil inventories edged lower in the week ended March 26 as refinery demand tested one-year highs, US Energy Information Administration data showed March 31. Not registered? Receive daily Continue Reading
The deployment used Halliburton’s intelligent fracturing system. Halliburton Co. (NYSE: HAL) reported Tuesday that it has given a major operator real-time automated control of fracture placement while pumping on a Continue Reading
U.S. shale was among the biggest victims of the demand destruction caused by the coronavirus pandemic. But the sector has already proved resilient once, and now this resiliency is coming Continue Reading
In 1939, studies began to suggest that smoking might not be that great for you, sullying a great American pastime and a key United States economic industry. What was once Continue Reading
Highlights But power demand, prices down on year February storm hit businesses hard New orders, business outlook improving Houston — Texas manufacturing activity in March reached the highest level in Continue Reading
The United States shale industry’s era of “newfound prudence” could be coming to an end. After a devastating 2020 for U.S. oil, the mood in the shale sector has been Continue Reading
Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a year ago the two companies were dominating in the high-desert Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 6 this week, after an increase of 9 last week. The Continue Reading
Noble Corp.’s acquisition of Pacific Drilling announced this week in a merger of drillers points to the troubled state of the oilfield service sector, even with more activity expected this Continue Reading
In parts of Texas where Texas are not dealing with crippling cold temperatures and power outages, many are dealing with gas stations that have no gas. They also have long Continue Reading
