Forecast Highlights Global Liquid Fuels For the 2018 April–September summer driving season, EIA forecasts U.S. regular gasoline retail prices to average $2.74/gallon (gal), up from an average of $2.41/gal last Continue Reading
The volume of oil sitting in 300 steel tanks in a nine-square-mile radius in Cushing, Oklahoma has long been a key barometer for the health of U.S. crude supply and Continue Reading
The industry will see a return to bigger project sanctions, Angus Rodger, Wood Mackenzie’s research director for Asia Pacific upstream oil and gas, has confirmed. The industry will see a Continue Reading
The acquisition of drilling rights in thousands of acres in British Columbia by one of the world’s biggest companies is a testament to its potential, Calima Energy said. Conoco Phillips Continue Reading
Kinder Morgan said it would halt nearly all work on a pipeline project that is crucial to the entire Canadian oil sands industry, representing a huge blow to Alberta’s efforts Continue Reading
The Permian basin is driving U.S. shale growth, with expectations that the basin will add enormous volumes this year, keeping the oil market well-supplied. But the Permian’s pipeline network is Continue Reading
Texas’s energy regulator issued fewer new drilling permits in March than a year ago, but well completions rose, according to data released on Friday by the state. A total of Continue Reading
U.S. energy companies added oil rigs for the third time in four weeks as crude prices drifted from a three-year high hit earlier this year amid concerns of a trade Continue Reading
The shale boom in the Permian where companies are intensively drilling while keeping costs low has led to an unprecedented electricity demand in West Texas, straining the grid as local Continue Reading
The oil and gas industry continues to add jobs as industry optimism increases. Coming off the heels of a strong start for the oil and gas industry in 2018, industry Continue Reading
