Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of …
From Bloomberg
The nine-month battle for control of America’s largest natural gas producer has come down to a choice: …
From Reuters
The planned closing of an oil refinery in Philadelphia damaged by a massive fire last month will reverse nearly two years of capacity gains at U.S. refineries, according to a Reuters analysis of government data.
Philadelphia Energy Solutions …
From Reuters
India’s state-run Mangalore Refinery and Petrochemicals Ltd (MRPL) has made its first purchase of U.S.-produced Thunder Horse crude oil via a tender for mid-October delivery, its managing director M. Venkatesh said on Friday.
“The price offered was very …
From the Casper Star-Tribune
The final day to submit bids for assets of Wyoming’s third-largest coal producer is July 8. Cloud Peak Energy, which owns Antelope and …
From Reuters
Goldman Sachs said growth in US shale production is likely to outpace that of global demand at least through 2020 and limit gains …
From the Houston Chronicle
AUSTIN – The Texas Supreme Court continued its deference to …
From Bloomberg
The Trump administration said trade talks with China are starting up again as Beijing reiterated that it’s essential …
From Reuters
U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve …
From the Houston Chronicle
The U.S. energy sector, while not entering a downturn, is facing an extended period of lower oil prices, lower profits and tighter spending, ultimately leading to slower growth, fewer companies and fewer jobs in Houston and …
From CNBC
Tesla’s stock surged in premarket trading Wednesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates.…
From CNN Business/NBC2
America’s liquefied natural gas boom has a climate change problem, according to a report released on Monday.
The US energy industry is scrambling to build dozens of expensive export terminals that can be used to ship cheap …
From E&E News
A federal court judge yesterday threw out lawsuits from two California cities seeking to make oil companies pay for worsening sea-level rise and other climate change impacts.
Judge William Alsup of the U.S. District Court for the …
From Reuters
VIENNA — Venezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in the face of sanctions prohibiting U.S. companies from buying the country’s oil, oil minister …
After much of the energy sector abandoned deepwater drilling to focus on quicker and cheaper shale oil, the offshore and onshore industries suddenly have much more in common than they once did.
The two sectors are …
From the AJOT
The U.S. added new products from the European Union to potentially target with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing Co. and Airbus SE.
The U.S. Trade Representative’s office …
From the Casper Star-Tribune
Two coal mines in Wyoming closed and sent 700 workers home Monday afternoon after their owner filed for bankruptcy, the latest blow to a region that has been battered by an economic downturn in the fossil …
From Bloomberg
It was supposed to be a six-month fling, but Saudi Arabia and Russia have instead signed up for eternity.
Complete with poem …
The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking …
From The Seattle Times
BILLINGS, Mont. (AP) — Environmentalists asked a federal judge on Monday to cancel approvals issued by the U.S. Army Corps of Engineers for the Keystone XL oil pipeline from Canada, opening another front in the legal …
From The Oklahoman
The working number of rigs drilling for oil and gas in Oklahoma is about 28% lower than what it was the first week of January.
The decline has squeezed the number of employed rig workers, which likely …
From S&P Global
The shale gas revolution is over and Appalachia’s top producers need to radically change their behavior if they want to …
From Reuters/O.Canada
MOSCOW — A deal between OPEC and other oil producers to curb oil output has played a positive role in stabilizing oil markets, Russian President Vladimir Putin was quoted as saying in an interview on Thursday.
Asked in …
From Think Progress
Last week, General Electric announced it would close a California gas plant 20 years ahead of schedule. The Inland Empire Energy Center in California, the company said, was “uneconomical to support further” in part because of …
From AXIOS – Adapted from The Oxford Institute for Energy Studies
A short paper from an Oxford Institute for Energy Studies researcher looks at China’s soaring demand for natural gas and ways it could meet growing import reliance.
Why it …
From Bloomberg
Thrifty drillers have found a new use for the glut of natural gas that’s sent prices for the fuel below zero in America’s biggest shale patch: Use it to …
From AP/WMTV
EAU CLAIRE, Wis. (AP) — Wisconsin’s frac sand industry is grappling with several idled mines as the sector faces increased competition in Texas and Oklahoma.
University of Wisconsin-Eau Claire Professor Kent Syverson believes the region’s frac sand development …
From ARS Tehnica
Late last week, General Electric told a California regulator that it would close down a 10-year-old Southern California natural gas plant because it’s no longer economically competitive in California’s energy market.
The news, first reported by Reuters…
