Friday, August 21, 2026

Total and Aramco will Build a $9 Billion Petrochem Complex Next Door to SATORP Refinery

Saudi Aramco and Total (ticker: TOT) have signed a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia. Located next to the SATORP refinery in the same industrial area, the complex will comprise a mixed-feed steam cracker (50% ethane and refinery off-gas) with a capacity of 1.5 million tons per year of ethylene and related high-added-value

Colorado Gov. Names ‘Local Control’ Attorney Robbins Director of COGCC - Oil & Gas 360

Colorado High Court Set to Hear Opening Briefs for Martinez v. COGCC

Oil & Gas 360® has learned that the Colorado Supreme Court will hear the opening briefs for Martinez v. COGCC (docket number 2017SC297) on April 2, 2018. It’s a meaningful case because the outcome could force a change to the criteria which Colorado’s oil and gas regulator—the Colorado Oil and Gas Conservation Commission (COGCC)—must use when approving or denying permits

Director Julie Murphy Begins Her Era as Colorado’s Top Oil Regulator

Julie Murphy was welcomed by her fellow colleagues as the COGCC held its March 19, 2018 hearing, and during a lively public comment session, voices both for and against oil and gas development were inked into the record The Colorado Oil and Gas Conservation Commission started the day with a brief roll call and welcomed a new honcho, Director Julie

WPX Energy Adds Firepower to its Board

WPX Energy (ticker: WPX) announced that Valerie M. Williams has been elected to the company’s board of directors effectively immediately. According to WPX, Williams has more than 35 years of audit and public accounting experience with Ernst & Young, LLP, most recently as the Southwest Region Assurance Managing Partner where she had responsibility for a $500 million audit practice encompassing

Frac Provider Liberty Oilfield Services Earns $130 Million in 2017

Liberty added 1,000 new employees in 2017, ordered two additional frac fleets to be delivered in Q3, Q4 2018 Newly public Liberty Oilfield Services Inc. (ticker: LBRT) earned $45 million, or $0.30 per share in Q4 2017. For the full year of 2017, the company earned $130 million, or $0.88 per share. Liberty said that these numbers have been adjusted

Permian Basin Economic Indicators

The Federal Reserve Bank of Dallas reported that wages in the Permian Basin fell for the second quarter in a row after spiking in first quarter 2017. The rig count and crude oil production rose in January, the Fed said. Wages Average weekly wages fell 0.3% in the Permian Basin, while wages fell by almost 1% statewide between second quarter

Netherland, Sewell & Associates, Inc. Provides Petroleum Consulting Services Worldwide

Netherland, Sewell & Associates, Inc. (NSAI) is a worldwide leader of petroleum property valuations for the industry, financial organizations and government agencies. NSAI delivers high quality, fully integrated engineering, operational, geological, geophysical, petrophysical and economic solutions for all facets of the upstream energy industry. The company was established in 1961 and has offices in Dallas and Houston, with more than

Dominion Energy: Cove Point is Producing LNG

First U.S. east coast export facility is expected to enter commercial service in early March Dominion Energy Cove Point (DECP, ticker: D) has begun producing liquefied natural gas. The company’s newly constructed natural gas liquefaction facility is undergoing commissioning in Lusby, MD. When commissioning is complete, DECP will produce LNG for its customer joint venture ST Cove Point, a JV

Exclusive Video Interview with Preng & Associates President & CEO David Preng

Preng & Associates: global energy search leader seeing uptick in search activity at the CEO and CFO level At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Preng & Associates President & CEO David Preng. Preng talked about an increase in searches that his firm is seeing in 2017.

The Shale Boom in the Permian Is Slowing Down - 360

Jobs Count Stabilizes, Unemployment Drops when Permian Pumps Oil

A report by the Federal Reserve Bank of Dallas indicated that, in May, employment in the Permian basin remained steady, hovering around 158,000 jobs since February. This comes following the period between mid-2014 and early-2016, when Permian employment dropped from approximately 180,000 to approximately 150,000 jobs. The unemployment rate itself decreased from 4.4% in April to 4.1% in May. From

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

New Jobs in Energy: Technology, Innovation and Big Data

The changing face of energy: new jobs in the broad energy sector Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry is critical to the future economic success of the U.S. Energy-related job openings are changing. New jobs are growing fast, and

Petroleum Industry Contributes $148 Billion to California’s Economy

Petroleum industry’s total economic value for California—larger than 15 U.S. state economies A new economic study released today by The Los Angeles County Economic Development Corporation (LAEDC) details the oil and gas industry’s sizable economic and fiscal impacts on California’s economy and also identifies the user industries of refined products and quantifying their economic activity today. The Western States Petroleum Association (WSPA)