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updated Mon. May 29, 2017

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(Repeats item issued earlier, with no change to text) * After fight, the two sides talk, but still compete * OPEC wants to see Texan fields, U.S.
President Donald Trump's proposal to sell nearly half of the U.S. emergency oil stockpile has sparked an intense debate about whether the Strategic petroleum Reserve is still required. The federal government has stashed away nearly 700 million barrels ...
The statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of Natural Gas World.
The tugboat Powhatan remains underwater, surrounded by booms to contain the oil spill in April 2017. (Photo courtesy of ... Aerial images show decreased sheen within the containment boom and no additional oiling of the shoreline. State and federal ...
Now that both members and non-members of the Organization of the petroleum Exporting Countries (OPEC) have renewed their commitment to limit production in an attempt to boost prices, it's a good time to review the prospects for oil. Here are five ...
They're part of the fleet of new technologies paving the way for a historic surge of oil that could break the nation's 1970 production record next year and further erode the decades-long grip the Saudi-led Organization of the petroleum Exporting ...
President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is sparking renewed debate about whether the Strategic petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. imports drop sharply ...
When your business is subject to the whims of boom-and-bust cycles the way the oil industry is, making money with less effort is very appealing.
Forum News Service revisited three people featured during the Faces of the Boom series to see how much has changed in the Bakken and what they expect for northwest North Dakota as oil activity picks up again. North Dakota State University graduate ...
WASHINGTON - President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is sparking renewed debate about whether the Strategic petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. ...
But a sharp cut approved two years ago in oil and gas production taxes, which has led to severe budget problems for schools and social services, has triggered bitter infighting not only among Republicans but industry leaders about whether oilmen are ...
President Donald Trump's proposal to sell nearly half the US emergency oil stockpile is sparking renewed debate about whether the Strategic petroleum Reserve is still needed amid an ongoing oil boom that has seen imports drop sharply in recent years.
Oil producers across the country are watching to see what OPEC does at its meeting in Vienna this week, since the cartel of oil-exporting countries has recently played a big role in turning around a two-year U.S. slump. There are more than twice as ...
The oil industry is coming out of a two-year slump after OPEC cut production. In oil-rich North Dakota, there are more energy jobs than available workers and ...
Just in the last year the oil industry has poured more than $25 billion into deals in the Permian basin, a vast swath of land in West Texas and New Mexico, bumping the Canadian oilsands' place at the top of North America's petroleum production. The ...
The Arab gulf countries' plentiful oil confers many benefits upon their citizens, but the OPEC meeting on May 25 reminds us of one of the key downsides: long-term budgetary planning is fiendishly difficult when your finances are at the mercy of the ...
I'm keeping close to home this week with a story about a town that became famous in 1904 for having the world's largest shallow oilfield.
BP is one of the longest-standing 'supermajors' operating in the North Sea after its oil discovery in the Forties oilfield in 1970 helped kickstart the UK's oil boom years. In the wake of the oil price crash almost three years ago BP has started ...
Taylor had tapped into the Allegany oil field and its 118 million barrels of black gold. Word spread quickly, and people flocked here according to Kelly Lounsberry, Vice President of the Pioneer Oil Museum in Bolivar. "Within a few months time the ...
Devon was riding a tremendous boom in oil and gas production in the United States that was fueled by the revolutionary new technologies that it had helped establish, like so-called coal-bed natural gas, which uses advanced drilling techniques to ...
The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC.
63 years ago, in a much different political climate, big Texas oil company had their eyes on the oil that they believed might be on one side of the San Andreas Fault.
And, in a conference call with analysts following the results Little said, "Oil and gas, which remains 49% of DXP, found a bottom in the third quarter of last year and is showing signs of gradual improvement.
This week, the chairman of the China National petroleum Corp., the largest state energy company, told Bloomberg in an interview that CNPC would gladly boost its U.S.
gulf Coast refineries may soon see a boost in crude volumes arriving at their doorstep, as Canadian oil sands production finally ramps up, Chicago investment research firm Morningstar said in a report released Tuesday.
Saudi Arabia and Russia, two of the world's top oil producers, agreed to the supply cut extension on Monday ahead of an Organization of Petroleum Exporting Countries (OPEC) meeting on May 25. OPEC and 11 other top producing ... The strategy wasn't a ...
U.S. equities climbed higher on Monday in a continuation of the easy, low volatility conditions that have dominated over the past three months.
The land grab, dubbed "Permania," has put the venerable oilfields back at the centre of the petroleum universe, a spot that not long ago was happily occupied by Canada's oilsands.
... motorcycle owners drive gasoline boom", Reuters, September 2016). Rising crude oil and refined fuel prices over the last year are also likely to have constrained the growth in consumption and other fuels.
FILE - In this Dec. 19, 2014, file photo, oil pump jacks work in unison in Williston, N.D. In the heart of North Dakota's oil patch, there are hundreds of more jobs ...
It's horrible set of conditions for this kind of work." Currents in the East River reach four nautical knots but booms, deployed to trap the oil from spreading into the rest of the river, can only withstand 1.5 knots of current, he said. "The booms are ...
Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said on Thursday, after spending cuts and a major rebound in oil revenues. The world's top crude exporter has made an aggressive push to diversify its ...
U.S. shale oil producers have largely been portrayed as the nemesis of the Organization of the petroleum Exporting Countries, but the cartel should actually be welcoming the ramp-up in production stateside, according to Goldman Sachs's top commodities ...
... improving global economy were supporting oil demand, "continued rebalancing in the oil market by year-end will require the collective efforts of all oil producers to increase market stability," Organization of the petroleum Exporting Countries ...
The reservation received $198 million in oil and gas revenue in 2015 and $146 million so far this fiscal year, according to the state tax Department.
While the oil and gas industry is in recovery from a two-year slump, which has had a negative impact on Houston especially, the chemical industry has been ...
While Big Oil beat analyst expectations with its first-quarter performance, Russia's biggest player in the field, Rosneft, missed expectations, reporting US$200 million in net profits for the period.
U.S. explorers have added rigs this year, partially undermining oil-production cuts that started in January by the Organization of Petroleum Exporting Countries and 11 other exporters. The nation's active oil- rig count has more than doubled in the ...
The study will also delve into the flip side of fuel production by examining how global warming is affecting youngsters in the Arctic.
With Mexico flinging the doors wide open to its vast oil wealth, with much of the hard work already done and the massive discoveries having already been made, more than a few eyes see dollar signs at the possible prospects.
The number one rising housing market in the country is in Midland, Texas. It tops the list of 308 cities with populations over 100,000, according to SmartAsset.
Their findings will focus attention on the work of the oil and gas junior behind the Lancaster find, Hurricane Energy. The Surrey-based company has made a series of discoveries off Shetland after focusing on an area that had received little attention ...
Art explains how the current glut of oil created by the US shale boom - along with high crude output by both OPEC and non-OPEC producers - is a temporary anomaly.
"From an environmental side, the effectiveness of the containment of the oil boom is very important," he said. Mr Gillet claimed when he drove along the foreshore on Saturday, he could smell fossil fuel from ... "Our emergency response teams, with the ...
Palma, Mozambique | AFP | The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future, transformed by one of the world's largest liquefied natural gas projects.
There was no oil boom talk when President Granger and his team visited London shortly after the Guyana oil global headlines.
"There's not a large quantity in the water at this time. We're thinking a lot of it is residual from the engine compartment.
The oil price has fallen nearly 20 per cent in less than four weeks on the back of a drilling boom in the United States.


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