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Monday, September 8, 2025

December 5, 2018

Price Increase from U.S. Silica Does Not Apply to Frac Sand

December 5, 2018

One of the large frac sand providers, U.S. Silica Holdings, Inc. (stock ticker: SLCA), said today that its Industrial and Specialty Products business for silica sand will increase 2019 prices for most of its non-contracted silica sand and specialty products from 2 to 9 percent, depending on the product and grade. U.S. Silica VP of Investor Relations and Corporate Communications

Shale’s Growing Profits at the Mercy of OPEC, Trump

December 5, 2018

From Reuters The recent nosedive in crude prices came just as shale producers had started delivering healthy returns after years of heavy spending to boost production and market share. The shift has pleased investors who had grown weary of waiting for a payoff while watching the frenetic west Texas shale boom make the United States the world’s top oil producer

Two key Canada-to-U.S. oil pipelines hit by disruptions

December 5, 2018

From Reuters Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada’s oil industry just days after the Alberta government announced forced cuts in crude production. A number of lines on the Enbridge Inc (ENB.TO) Mainline system, which carries crude and other liquids, were hit by power

Schlumberger Delivers Lump of Coal With Year-End Forecast

December 5, 2018

From Bloomberg The North American fracking market — already expected to be a downer for the holidays — is turning out to be even worse than expected, according to the world’s biggest oil-service provider. Schlumberger Ltd. expects sales in the U.S. and Canada to drop 15 percent in the final three months of the year compared with the third quarter, the

Uncertainty over oil supply and demand fundamentals is making it tougher for Russia and Saudi Arabia -- the architects of the OPEC+ deal -- to reconcile their differences - Oil & Gas 360

U.S. Iran Sanctions Envoy Makes Rare Foray to OPEC Home Turf

December 5, 2018

From Bloomberg On the eve of the OPEC meeting, the senior U.S. official overseeing sanctions on Iran made a rare foray into the group’s home turf, for a discreet Viennese breakfast with the cartel’s most powerful member. Brian Hook, the U.S. special representative for Iran, met one-on-one with Saudi Energy Minister Khalid Al-Falih on Wednesday morning in the Austrian capital,

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