Texas' oil regulator took vacation amid Harvey – Austin American-Statesman


Austin American-Statesman
Texasoil regulator took vacation amid Harvey
Austin American-Statesman
The former Shell Oil executive was named in December 2015 as executive director of the Texas Railroad Commission, which is responsible for enforcement of the state’s oil and gas industry. Corley abruptly stepped down last week. Reached by phone …
APNewsBreak: TexasOil Regulator Took Vacation Amid HarveyU.S. News & World Report

all 2 news articles »

APNewsBreak: Texas' Oil Regulator Took Vacation Amid Harvey – U.S. News & World Report


U.S. News & World Report
APNewsBreak: TexasOil Regulator Took Vacation Amid Harvey
U.S. News & World Report
Records show that Texas‘ chief oil and gas regulator Kim Corley was on vacation in the critical days surrounding Hurricane Harvey as fuel shortages became rampant and industrial tanks spilled. Corley is a former Shell Oil executive and was executive …

and more »

Technology, problem-solving keys to attracting more drillers to the … – Bismarck Tribune


Bismarck Tribune
Technology, problem-solving keys to attracting more drillers to the …
Bismarck Tribune
North Dakota’s governor wants the state to produce 2 million barrels a day, but lower taxes on oil and better access to markets in the South mean the competition …
Bruce Gjovig: Innovation is driving Bakken oilGrand Forks Herald
Burgum: Goal of doubling oil production in North Dakota ‘may be too low’The Dickinson Press

all 6 news articles »

Top 5 Vendors in the Oilfield Process Chemicals Market – Technavio – Business Wire (press release)


Business Wire (press release)
Top 5 Vendors in the Oilfield Process Chemicals Market – Technavio
Business Wire (press release)
The global oilfield process chemicals market will exhibit a remarkable growth during the forecast period. The oil and gas industry, which is the only end-user for oilfield process chemicals, has a high demand for these chemicals because of their

and more »

Government plans to sell stake in ONGC oilfields to private firms – Economic Times


Reuters
Government plans to sell stake in ONGC oilfields to private firms
Economic Times
However, the services companies are not willing to take sub-surface risk which only oil and gas exploration and production companies can take, prompting the ministry to moot this idea of privatisation by giving 50-60 per cent stake in nomination blocks.
Exclusive: India’s plan to sell stakes in producing fields to hit state explorers’ profitReuters
Exclusive: India may offer up to 60 percent stakes in producing fields to private companies – sourcesReuters India

all 27 news articles »

Oil ends higher as crude supplies unexpectedly decline – MarketWatch


MarketWatch
Oil ends higher as crude supplies unexpectedly decline
MarketWatch
Oil prices ended higher on Wednesday after U.S. government data revealed an unexpected decline in crude inventories, but a rise in gasoline stockpiles for the first time in four weeks kept gains in check. The “data suggest that refiners have recovered
Rising Demand Will Continue To Drive The Rally In Crude Oil PricesForbes
Oil Prices Rise Further On Falling Crude InventoriesOilPrice.com
Brent oil price ease back from two-year highsBBC News
Nasdaq –Financial Post –The Guardian
all 540 news articles »

Oil shortages could push prices all the way to $80, commodities expert says – CNBC


CNBC
Oil shortages could push prices all the way to $80, commodities expert says
CNBC
“We have seen some structural backwardation where there are shortages and once there are shortages it’s really hard to replenish,” she explained. “Whether we can ramp up quick enough, that’s a big question. Probably not so fast.” Oil prices pulled back
Oil Prices Steady, But $80 Oil Is Coming, Says AnalystOilPrice.com
“Real rebalancing” could lift oil prices to $80/bbl, S&P commodity chief saysSeeking Alpha

all 3 news articles »

US Shale, End Of OPEC Cuts Could Stifle Oil Prices In 2018 – OilPrice.com


DeathRattleSports.com
US Shale, End Of OPEC Cuts Could Stifle Oil Prices In 2018
OilPrice.com
Although current supply and demand fundamentals point to a possible rise in oil prices by the end of 2017, next year’s supply will likely outgrow demand and depress oil prices, according to a panel of industry analysts at the S&P Global Platts Asia
APPEC: Crude oil prices seen bearish in 2018 on US shale, end to OPEC/non-OPEC cutsPlatts

all 8 news articles »

The Biggest Global Tax Break Ever Bubbles Up From Texas Oil Industry – Seeking Alpha


Seeking Alpha
The Biggest Global Tax Break Ever Bubbles Up From Texas Oil Industry
Seeking Alpha
Oil prices continue to remain low, however, thanks in large part to the ingenuity of Texas fracking companies. As I told Liz, this has served as a multibillion-dollar “peace dividend” that has mostly helped net importing markets, including “Chindia
In Texas oil patch, jitters mount that a bust is nearPittsburgh Post-Gazette
Texas oil production slightly lower, early data showUPI.com
President of state’s oil and gas association says industry on path to …LubbockOnline.com

all 5 news articles »

The Oil Ghost Towns of Texas – Bloomberg


Bloomberg
The Oil Ghost Towns of Texas
Bloomberg
As the shale drillers moved on to richer fields, the South Texas landscape became pockmarked with abandoned structures. This nimbleness—the ability to just pack up and leave at a moment’s notice—may give U.S. oil companies a competitive advantage …
A South Texas jury awards $100 million in damages in an Eagle Ford Shale disputeSan Antonio Express-News (subscription)
Alberta shale offers hope for future beyond oil sands: NEBThe Globe and Mail

all 2 news articles »

Reports: Texas oil worker kidnapped overseas – WFAA


WFAA
Reports: Texas oil worker kidnapped overseas
WFAA
HOUSTON – There are multiple reports an oil worker from East Texas has been kidnapped in Yemen. The Longview News-Journal reports Danny Lavone Burch, 63, was taken from his car on a busy street in the Yemeni capital. “They did it in broad daylight in …
East Texas oil worker abducted in Yemen – Longview News-Journal …Longview News-Journal
American Oil Worker Is Kidnapped in YemenNew York Times

all 32 news articles »

Report: West Texas Oil Boom Fuels Fears Of A Crash – Manufacturing.net


Pittsburgh Post-Gazette
Report: West Texas Oil Boom Fuels Fears Of A Crash
Manufacturing.net
The collapse of global oil prices in late 2014 jolted the nation’s energy sector and led to hundreds of thousands of layoffs. But the nation’s fracking industry …
Texas Sees Increase In Oil And Gas Employment | OilPrice.comOilPrice.com
In Texas oil patch, jitters mount that a bust is near | Pittsburgh Post …Pittsburgh Post-Gazette

all 3 news articles »