Much of this week’s resource news was driven by politics. The biggest development being the Philippines’ mine ban, with protectionist moves in U.S. oil and gas also having critical implications Continue Reading
With hundreds of thousands of barrels’ worth of crude oil pipeline announced during recent weeks, the midstream sector proves it’s planned ahead for the Permian Basin’s production recovery. This is Continue Reading
While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have to wait for prices to surge well above $60 a barrel. Continue Reading
U.S. East Coast refineries, which have thrived for a few years on a boom of production from the Bakken shale play in North Dakota and eastern Montana, are increasingly looking Continue Reading
BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley said on Tuesday. Dudley said the company Continue Reading
A closely watched indicator in the oil market is signaling that a supply glut may be easing, a development that could help boost crude prices. This market gauge refers to Continue Reading
A border adjustment to income tax that will see imports in the U.S. become more costly may need to be, well, adjusted, lest the country loses some key allies in Continue Reading
U.S. energy companies added oil rigs for a 13th week in the last 14, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over Continue Reading
Producers angling to produce more crude oil at higher, stable prices must replenish their workforces to take advantage of the low-key rally, analysts say. This is the second half of Continue Reading
Supermajors and independents alike scramble for acreage in the prolific Permian Basin as rigs counts increase and crude oil prices stabilize. During the oil and gas industry’s last two dismal Continue Reading
