Thursday, September 11, 2025
Like fine whisky, Texan oil exporters tout unblended crude - oil and gas 360

Occidental Emerges as Heavy Hitter in U.S. Oil Export Boom

From Reuters Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market now worth more than $150 million every day. It is showing no signs of slowing down, with plans to double crude exports by 2020. In 2017, Occidental was the largest exporter from the

How a Russian Gas Pipeline Is Driving a Wedge Between the U.S. and Its Allies

From The Wall Street Journal Angela Merkel and her advisers, before a visit to the White House last spring, agreed on a priority: Avoid talk of Nord Stream 2. The German-Russian pipeline project had been a bone of contention between Berlin and Washington, which fears it will make Europe’s largest economy excessively reliant on Russian energy. When the German chancellor took

Enbridge Pipeline Delay Spooks Traders in Long-Term Canada Crude Market

From Reuters North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market grows following delays to a critical pipeline project. Enbridge Inc unexpectedly said earlier this month its Line 3 oil pipeline will be delayed until the second half of

Shale on Brink of M&A as Oil Majors Flex Muscles in Permian

From Bloomberg Cowboy boots and turquoise belt buckles are giving way to smart suits and silk ties as the world’s biggest shale oil field prepares for mergers. As oil executives from across the world gather in Houston for the annual CERAWeek by IHS Markit conference, the Permian Basin in the U.S. Southwest is on the cusp of a radical transformation with