Total US crude oil production is expected to average 10.3 million b/d in 2018, up 1 million b/d from 2017. If achieved, forecast 2018 production would be the highest annual Continue Reading
For US shale drillers who have seen prices climb almost 50% in six months, it’s been largely a rig-less recovery. (Bloomberg) — For U.S. shale drillers who have seen prices Continue Reading
Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local representatives seeking exemptions from Interior Secretary Ryan Zinke’s newly proposed offshore drilling plan, after his surprise Continue Reading
Less than a week after the Trump Administration proposed to open almost the entire U.S. coast to oil and gas drilling, Secretary of the Interior Ryan Zinke backtracked and took Continue Reading
Since the new Russia-China oil supply agreement took effect at the start of the year, PetroChina’s largest refinery has almost doubled the amount of Russian pipeline crude oil that it Continue Reading
The Trump administration’s decision to exempt Florida from expanded offshore drilling kicked off a frenzy Wednesday in other coastal states, with governors from both political parties asking: Why not us? Continue Reading
Rystad Energy expects the Trump administration’s new oil and gas leasing plan to make 65 billion barrels of oil equivalent newly available to fossil fuel exploration and production companies, according Continue Reading
Governors and other officials from several U.S. coastal states ramped up pressure on the Trump administration on Wednesday to exempt their waters from an offshore drilling plan, hours after the Continue Reading
Florida Gov. Rick Scott said getting Florida off of President Donald Trump ‘s oil and gas plan was a hard fought battle, though some critics said it smacked of political Continue Reading
U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending January 5, 2018, 285,000 barrels per day less than the previous week’s average. Refineries operated Continue Reading
