Third parties will no longer need to verify whether some safety features for offshore oil and gas drilling work as designed, the U.S. government proposed. The Bureau of Safety and Continue Reading
The energy sector in Texas is leaving 2017 on a high note, though oil prices will need to be higher than expected for strong rig counts, a bank survey found. Continue Reading
The number of active oil and gas rigs dipped this week, according to Baker Hughes data, decreasing by 2 rigs, bringing the total rigs to 929 rigs, which is an addition Continue Reading
The Trump administration’s Interior Department proposed Friday regulations that would scale back some of the safety regulations for offshore drilling put into place by the previous administration in the wake Continue Reading
Open Letter To: Staff of the School of Public Health, Re: The looming Net Energy Cliff, Global Economic/Industrial collapse and Human Die-off “infinite consumption from a finite resource base is Continue Reading
OPEC cuts drive price gain as threat of U.S. output persists WTI, Brent up more than 11% this year; set for 2nd annual gain Oil’s revival from the biggest crash Continue Reading
Oil prices will need to rise further for energy companies to significantly expand drilling activities, according to a survey released on Thursday by the Federal Reserve Bank of Dallas. U.S. Continue Reading
U.S. crude stocks fell more than expected last week as refineries pushed output to its highest rate for this time of year in nearly two decades, the Energy Information Administration Continue Reading
Permian’s production growth—the main driver of the second shale revolution as oil prices crept higher this year—may be limited not by geological or technological constraints, but by a shortage of Continue Reading
Companies like Gazprom Neft are leading Moscow’s drive to replicate the U.S. shale boom at the ‘Red Lenin’ oil field. KRASNOLENINSKOYE OIL FIELD, Russia—This western Siberian oil field is called Continue Reading
