February 22, 2018

From the Austin Business Journal Parsley Energy Inc. shares moved sharply higher Thursday after the Austin oil and gas driller beat Wall Street’s expectations in the fourth quarter. Though it’s been a rough start to the year for the company’s stock, which had dipped more than 20 percent, Parsley (NYSE: PE) saw its shares reach a high of $25.23 before

From the Daily Camera Lafayette is poised to sanction a sweeping update to its oil and gas regulations, potentially putting the city’s protocols at odds with a growing faction of homegrown activists and in the crosshairs of an industry prone to wielding litigation typically backed by state lawmakers. Some of the proposal’s more significant changes include stipulations surrounding pipeline mapping,

From Reuters Oil production at Libya’s El Feel has not been affected so far by ongoing protests, and the oilfield is pumping around 70,000 barrels per day, a Libyan oil source told Reuters on Thursday. Some workers at the field were evacuated after guards withdrew in a protest over pay, a local source from the town of Murzuq said on

From Bloomberg Even Saudi Arabia wants in on the U.S. oil boom. The kingdom’s state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasn’t economically viable, according to a person with knowledge of the matter. It also asked potential buyers in Asia if they would be interested in