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Ex-Venezuelan Official Pleads Guilty in US Corruption Case
Thursday, April 19, 2018 A former Venezuelan official on Thursday pleaded guilty to taking part in a scheme involving bribes paid by U.S. companies to Venezuelan officials to secure energy contracts and speed up payments.
Oil Rally Stalls as OPEC is Said to See Goal Nearly Accomplished
Thursday, April 19, 2018 Oil's rally stalled as OPEC and allied crude producers gathered in Saudi Arabia amid signs a worldwide glut has been mostly eradicated.
Trump Administration Begins Review Process for Drilling in Alaska Refuge
Thursday, April 19, 2018 Alaskan lawmakers have been fighting for decades to open the refuge.
BLOG: Upstream Companies, Is Your Portfolio in Shambles?
Thursday, April 19, 2018 A report by Deloitte identifies how E&Ps can build a portfolio to fit the future of their business.
UK's Weir To Buy U.S. Mining Tools Maker ESCO For $1.05B
Thursday, April 19, 2018 Weir Group Plc, which makes pumps and valves for mining and energy industries, says it will buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion.
Fluor Racks Up Another Galveston Bay Win
Wednesday, April 18, 2018 Fluor will perform the engineering and procurement scope for Marathon Petroleum's STAR program.
Barclays: US Onshore Spending Expected to Rise This Year
Wednesday, April 18, 2018 Barclays anticipates an increase in onshore upstream spending.
Trump Energy Aide to Return to Lobbying Firm
Tuesday, April 17, 2018 Michael Catanzaro, a chief architect of President Donald Trump's energy policy, is leaving the White House.
Seadrill Gets US Court Approval For Bankruptcy Exit Plan
Tuesday, April 17, 2018 A US judge saya he would approve Seadrill's plan to exit its Chapter 11 bankruptcy.
Farm State Senators Demand EPA Name Recipients Of Biofuel Waivers
Tuesday, April 17, 2018 A bipartisan group of senators from US farm states presses the EPA to stop issuing hardship waivers from the nation's biofuels laws to refiners and to name the companies that already have them.
Drillcore Creates $250MM Fund for US Upstream Investments
Tuesday, April 17, 2018 Drillcore Energy Partners is seeking its first private equity fund to make upstream investments in the continental U.S.
Zinke Says Won't Lower Oil, Gas Offshore Royalty Rates 'At This Time'
Tuesday, April 17, 2018 Interior Secretary Ryan Zinke says he will not lower royalty rates for offshore oil and gas lease sales 'at this time.'
EIA: US Shale Output To Rise By 125,000 Bpd In May
Monday, April 16, 2018 US shale oil production is expected to increase in May for the fourth consecutive month, US Energy Information Administration data shows.
First Commercial LNG Cargo From US East Coast Hits the Seas
Monday, April 16, 2018 The first export of natural gas from the US East Coast has set sail.
Want the Gas? Buy the Company! A New Way to Finance US LNG
Monday, April 16, 2018 Now heading a new company, Charif Souki is changing his plan of attack.
EPA 'Secret' Biofuel Waivers Undercut Trump's Pledge to Farmers
Friday, April 13, 2018 Even as President Trump floats the idea of more ethanol sales, critics says moves by his EPA would undercut the support to corn farmers.
Baker Hughes: US Drillers Add Oil Rigs For Second Consecutive Week
Friday, April 13, 2018 US energy companies added oil rigs for a second week in a row.
Becoming a 'Permian-Bitcoin' Billionaire May Be Just a Dream
Friday, April 13, 2018 Could turning flared gas in Texas' Permian Basin into electricity to power bitcoin mining be a solution for shale producers?
Trump Says He Will Probably Allow E15 Gasoline Sales All Year
Thursday, April 12, 2018 President Trump says his administration may allow the sale of gasoline containing 15% ethanol year-round.
EIA: Crude Stocks Post Surprise Rise As Imports Surge
Wednesday, April 11, 2018 US crude stocks rose unexpectedly last week as imports jumped and production increased to another weekly record, EIA says.
What Will It Take to Keep Up With Shale Gas Boom? $170 Billion
Wednesday, April 11, 2018 Bottlenecks on the US natural gas super highway are starting to stack up, raising concerns about whether infrastructure can be built fast enough.
FAMILY AFFAIR: Father-Son Duo Heads Up Upstream Consulting Company
Wednesday, April 11, 2018 At Sierra Pine Resources International, father and son Bruce and Jason Ganer work through generational differences to successfully deliver solutions to their upstream clients.
Texas LNG Signs Non-Binding Deals With Chinese, Southeast Asian Buyers
Wednesday, April 11, 2018 Texas LNG has signed eight non-binding deals with potential buyers of LNG.
Chevron Boosted Compensation for Incoming CEO Wirth in 2017
Tuesday, April 10, 2018 Chevron Corp boosted the pay for executive Mike Wirth last year by more than 25 percent ahead of his appointment as chief executive in early 2018.
Oil Surges More than 3 pct as Trade War Fears Recede
Tuesday, April 10, 2018 Oil prices surge more than 3 percent as investors grew more confident the United States and China would resolve their trade dispute without damaging the global economy.
Devon Energy Plans to Lay Off 9 Percent of Staff to Boost Returns
Tuesday, April 10, 2018 U.S. shale oil producer Devon Energy Corp will lay off 300 workers, roughly 9 percent of staff, as part of a plan to streamline its operations.
US Oil Debt Eases, Meaning Drillers Target Next Shale Play
Tuesday, April 10, 2018 U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas.
BP Teams Up with Tesla to Venture into Battery Storage for Windfarm
Tuesday, April 10, 2018 BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business.
Exxon, Qatar in Talks for Potential US Shale Deal - Report
Tuesday, April 10, 2018 Exxon Mobil is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported, citing people familiar with the matter.
Oil Gains More than 2 Percent as Stock Market Rebounds
Monday, April 09, 2018
Oil Services Investors Yawn at Latest US Sanctions on Russia
Monday, April 09, 2018 Investors of the world's biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.
US Senators Ask Trump to Suspend EPA's Use of Biofuel Waivers
Monday, April 09, 2018 Five Republican senators called on Trump to temporarily halt the use of biofuels policy waivers for small oil refineries, after reports the Environmental Protection Agency had issued a recent wave of such exemptions.
Oklahoma Orders Cut to Disposal Well Volumes Following Quakes
Monday, April 09, 2018 Oklahoma regulators forced an oil and gas producer to reduce operations on a well used for disposing saltwater following a large earthquake over the weekend, an Oklahoma Corporation Commission spokesman said.
Shell's Climate Push Fails to Cut Emissions as US Plants Added
Monday, April 09, 2018 Shell plans to spend as much as $2 billion a year on low-carbon energy sources and intends to halve its carbon footprint by 2050.
Seen Any Oil-Market Bears Recently? Didn't Think So: Gadfly
Monday, April 09, 2018 Oil-market bears are in deep hibernation.
Aramco Takes Step to Integrating Petrochems into US' Biggest Refinery
Monday, April 09, 2018 Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery.
Cyberattack 'Wake-Up Call' Puts Pipeline Industry in Hot Seat
Friday, April 06, 2018 A cyberattack that US natural gas pipeline owners weren't required to report has lawmakers taking a closer look at how the industry is handling such threats.
Drillers Hike Up Rig Activity Again as Crude Production Soars
Friday, April 06, 2018 Shale explorers boosted drilling activity in the US oil patch to the highest in three years.
US Jobs Report: Oil, Gas Adds Thousands of Jobs in March
Friday, April 06, 2018 The oil and gas industry continues to add jobs as industry optimism increases.
Oil Climbs with Equities, Saudi Arabia Hikes Crude Prices
Thursday, April 05, 2018 Oil prices rise, helped by gains in U.S. equities markets and Saudi Arabia's unexpected hike in crude prices, though crude's advance was curbed by strength in the dollar.
Continental Resources Boosts CEO Hamm's Pay 38 pct in 2017
Thursday, April 05, 2018 U.S. shale oil producer Continental Resources Inc said it boosted founder and Chief Executive Harold Hamm's compensation by 38 percent in 2017.
Texas Oil Output Surge Clogs Pipelines, Depresses Prices
Thursday, April 05, 2018 The Permian basin in Texas is leading the way as U.S. oil production has reached an all-time high, but the prolific output is causing bottlenecks as pipelines transporting the crude have filled up more quickly than expected.
Bonanza Creek Appoints Eric Greager as CEO
Thursday, April 05, 2018 U.S. oil and gas producer Bonanza Creek Energy Inc named Eric Greager as its new CEO effective April 11.
Philadelphia Energy Solutions Gets Court Nod Over RINs Burden Relief
Thursday, April 05, 2018 A federal bankruptcy judge approved a settlement between Philadelphia Energy Solutions and the US Environmental Protection Agency.
ACC Chief: US Trade War with China 'Not the Answer'
Thursday, April 05, 2018 Leaders from US trade groups urge different approach.
EIA: US Crude Stocks Drop As Refineries Boost Output
Wednesday, April 04, 2018 US crude stocks fell unexpectedly last week as refineries hiked output, the Energy Information Administration says.
Cyberattack Pings Data Systems of At Least Four Gas Networks
Wednesday, April 04, 2018 At least four US pipeline companies have seen their electronic systems for communicating with customers shut down over the last few days.
US Ethanol Groups Bristle As EPA Frees Refiners From Biofuels Law
Wednesday, April 04, 2018 The EPA granted 25 small oil refineries hardship waivers from the nation's biofuel laws in 2017, according to an agency source.
Third Gas Pipeline Data System Shuts One Day After Cyberattack
Tuesday, April 03, 2018 A third US pipeline company reported its electronic system for communicating with customers has stopped working.
Renewable Fuel Credits Post Biggest Quarterly Loss in a Year
Monday, April 02, 2018 Prices of renewable fuel credits slumped 35.7 percent in the first three months of 2018, their biggest quarterly loss in a year, on uncertainty over the future of U.S. biofuels policy.