Oil production in Texas dropped in June 2018 compared to the same month last year, the first yearly drop since February 2017, figures by the Railroad Commission of Texas showed Continue Reading
An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions Continue Reading
Each day across the United States, 2 billion gallons of fossil-fuel-industry wastewater flies through thousands of underground tubes. The injection wells descend into porous rock, filling gaps with brine and Continue Reading
Texas-based Vista Proppants and Logistics has struck a deal with logistics firm JupiterMLP to transload crude oil from truck to rail at Pecos, Texas, and ship crude on the Union Continue Reading
Weld County would be most affected. Spending could move elsewhere Colorado voters will decide in November whether to increase land setbacks from new oil and gas development, a measure that Continue Reading
Earlier this week, the California State Assembly passed SB 884 , a bill that if passed would prohibit the States Lands Commission from allowing any new wharfs, piers, pipelines and Continue Reading
Texas oil production fell in June from a year earlier for the first time in 16 months, according to figures released on Thursday by the state’s energy regulator, a fresh Continue Reading
Despite the ongoing U.S.-China trade war and the upcoming U.S. sanctions on Iran’s oil exports, China’s and Asia’s biggest refiner, Sinopec, will continue to buy crude oil from both the Continue Reading
In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it. (Bloomberg) — In the Continue Reading
U.S. crude stocks fell more than forecast last week, while gasoline and distillate inventories dropped unexpectedly, the Energy Information Administration said on Wednesday. FILE PHOTO: Crude oil storage tanks are Continue Reading
