Trump Signs Order To Protect Fracking
President Donald Trump has signed an order aimed at protecting the shale oil and gas industry, he said in a tweet. “Just signed an order to protect fracking and the Continue Reading
More than 25% of US Gulf crude oil still offline after Hurricane Zeta
Highlights More than 500,000 b/d of crude still offline Major Hurricane Eta targeting Nicaragua and Honduras Hurricane season extends through the end of November Nearly 30% of crude oil volumes Continue Reading
The Race for Texas’s Powerful Energy Regulator Is Heating Up
Jim Wright, a Republican seeking a seat on a board that regulates the Texas energy industry, knows the agency intimately. He ought to. He’s paid it $181,000 in fines. If Wright Continue Reading
Chesapeake, Franklin Head to Bankruptcy Showdown With Creditors
Chesapeake Energy Corp. and Franklin Resources Inc. will need to defend their debt restructuring plan in December from attack by unsecured creditors who claim the proposal is built on a fraudulent scheme, a judge Continue Reading
U.S. Rig Count Rises Despite Coronavirus Threat
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 221. The total number of active oil and gas rigs increased Continue Reading
US ELECTIONS: Devon stocks up on permits for drilling on federal land amid US presidential election
Devon Energy will soon have enough permits for shale drilling on federal lands to cover its oil and gas production plans in the Permian’s Delaware Basin through 2024, CEO David Continue Reading
US Gulf oil and gas production, Louisiana refineries returning after Hurricane Zeta
The US Gulf of Mexico’s oil and gas volumes and some New Orleans-area refineries are returning after Hurricane Zeta ripped through the region and knocked out power in much of Continue Reading
ExxonMobil aims to boost Permian oil output in 2021 despite capex cuts
ExxonMobil has returned all but 140,000 b/d of oil production curtailed during the spring’s oil price crash, and the producer aims to increase output from the Permian Basin next year Continue Reading
US oil, gas rig count grows 1 to 348; Permian sees largest gain in 8 months: Enverus
New York — The US oil and gas rig count climbed one to 348 in the week ended Oct. 28, rig data provider Enverus said, as gas drilling activity hit Continue Reading
Oil Investments Are Drying Up As Crude Demand Falters
Thirty-five percent: this is the size of the spending cuts oil and gas companies are likely to have made this year in response to the effects that the coronavirus pandemic Continue Reading