Saturday, August 29, 2026

EPA Rule Change Adding Natural Gas Processing Facilities to Toxics Release Inventory

The Environmental Protection Agency (EPA) has officially proposed a rule change for natural gas processors, specifically affecting natural gas liquids extraction facilities. The clock started today when the notice was published in the Federal Register dated Jan. 6, 2017. What rule is the EPA is proposing? The EPA is proposing to add natural gas processing (NGP) facilities (also known as natural gas liquid

U.S. Rig Count Finally Exceeds Year-Ago Levels

The U.S. rig count hits 665, one rig higher than at this time last year The recovery in oil prices has spurred operators in the United States to add more rigs to the active fleet. This has pushed the total number of rigs higher in the first week of 2017 than the first week of last year, as prices continued

Iran Takes Advantage of Higher Prices to Sell its Floating Storage Crude Oil

Floating storage in Iran down nearly 50% in the last three months – up to 30 cargoes Iran is using the recent uptick in oil prices to sell off crude oil that has been sitting in offshore storage since the end of international sanctions. The Islamic Republic sold more than 13 million barrels of oil that was held in tankers,