Santa Retiring from Pipeline Advocacy Group
Friday January 24, 2020 - After 17 years at the helm, Don Santa is retiring as president of the Interstate Natural Gas Association of America (INGAA).
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Virus Anxiety Has Oil Poised for Losing Streak
Friday, January 24, 2020 Oil is heading for the longest run of weekly losses since May on fears China's coronavirus outbreak may dent demand amid plentiful global supplies.
SARS Oil Demand Implications Proved Transitory
Friday, January 24, 2020 While SARS was an extreme event, the oil demand implications proved transitory, according to Standard Chartered.
Ammonia-Fueled Supply Vessel on the Drawing Board
Friday, January 24, 2020 Equinor announced Thursday that the world's first carbon-free ammonia-fueled supply vessel is on the drawing board.
Global LNG Poised for Terrible Year
Friday, January 24, 2020 Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
US Extends Clampdown on Iran
Friday, January 24, 2020 The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort to clamp down on the Islamic Republic's revenue sources.
Oil Industry Climate Suits Have Poor Track Record
Friday, January 24, 2020 Attempts to make Big Oil pay for climate change may be impossible.
Mnuchin Questions Need for Carbon Tax
Friday, January 24, 2020 U.S. Treasury Secretary Steven Mnuchin called it "a tax on hard working people."
Santa Retiring from Pipeline Advocacy Group
Friday, January 24, 2020 After 17 years at the helm, Don Santa is retiring as president of the Interstate Natural Gas Association of America (INGAA).
Oil Prices Down for the Week
Friday, January 24, 2020 WTI and Brent crude oil prices faltered again Friday.
Alarm Over Virus Pushing Down Oil
Thursday, January 23, 2020 Oil extended declines from the lowest close in seven weeks on speculation China's coronavirus outbreak may dent demand as the market tackles a glut of global crude supplies.
API Names New Chairman
Thursday, January 23, 2020 Phillips 66 Chairman and CEO Greg Garland will serve as chairman of the API's board of directors for a two-year term.
Focus Projects Strained McDermott Finances
Thursday, January 23, 2020 'Focus projects', namely Freeport and Cameron LNG, significantly strained McDermott's finances.
Keystone XL Takes Another Step Forward
Thursday, January 23, 2020 TC Energy Corp.'s long-delayed Keystone XL pipeline took another step forward with U.S. approval of a key stretch of construction.
Enterprise Starts Gas Processing Service at East Texas Plant
Thursday, January 23, 2020 The facility can process 200 MMcf/d of gas and extract up to 12,000 bpd of natural gas liquids.
Sinking Natural Gas Prices Have Drillers Hitting the Brakes
Thursday, January 23, 2020 Gas production is showing signs of a slowdown after years of runaway growth.
US Oil Industry Made History in December
Thursday, January 23, 2020 API contends it's a win for US consumers.
Oil Prices Fall As Market Weighs Virus Impact
Thursday, January 23, 2020 WTI and Brent crude oil prices finished lower for the third straight trading day.
Oil Down as Virus Concern Seen Countering Disruptions
Wednesday, January 22, 2020 Oil declined as 77彩票注册官网man Sachs Group said demand concerns over a potential coronavirus epidemic would counter fears of supply disruptions in OPEC producers Libya, Iran and Iraq.
McDermott Expects to Keep Paying Wages and Benefits
Wednesday, January 22, 2020 All of McDermott's businesses are expected to continue to operate as normal for the duration of its recently announced restructuring, the company has confirmed.
Phillips 66 and REG Scrap Renewable Diesel Project
Wednesday, January 22, 2020 Phillips 66 and Renewable Energy Group have announced that they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington.
Oil Chiefs at Davos Debate Tougher CO2 Cuts
Wednesday, January 22, 2020 The bosses of some of the world's biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos on Wednesday.
Are US Anti-OPEC Efforts Fading?
Wednesday, January 22, 2020 The current view within the White House is that OPEC's clout "is already waning and there's no pressing need for action".
LNG Sector Enters Unprecedented Territory
Wednesday, January 22, 2020 The LNG industry achieved six all-time highs last year, according to IHS Markit.
Manufacturers Seek Broader FERC Pipeline Authority
Wednesday, January 22, 2020 A trade group representing US manufacturers is urging Congress to grant FERC authority to oversee the reliability of interstate gas pipeline capacity.
Oil, Gas Bankruptcy Filings Climb in 2019
Wednesday, January 22, 2020 The price of oil has been stubbornly immune to sustained increases despite key geopolitical catalysts.
Oil Prices Fall Sharply
Wednesday, January 22, 2020 WTI and Brent crude oil prices dropped sharply during midweek trading amid ongoing concerns about key market indicators.
Oil Slides on Plentiful Supply
Tuesday, January 21, 2020 Oil fell below $65 a barrel as ample global supplies offset the loss of exports from Libya.
TechnipFMC Split Well on Track
Tuesday, January 21, 2020 TechnipFMC has announced that its planned transaction to separate into two companies is 'well on track' for completion in the first half of 2020.
BP CFO To Retire
Tuesday, January 21, 2020 The board of BP announced Tuesday that its chief financial officer, Brian Gilvary, has decided to retire from the company and step down from the BP board on June 30.
Energy Chiefs Tout CO2 Capture
Tuesday, January 21, 2020 Capturing carbon dioxide from the fossil-fuel industry is key to slowing dangerous global warming, energy chiefs said in Davos.
US Shale Suffering From Sustained Contraction
Tuesday, January 21, 2020 Slower output growth would have global ramifications, given additional US barrels are forecast to account for most of the increase in 2020 worldwide supply.
McDermott to Seek Bankruptcy and Sell Lummus Unit
Tuesday, January 21, 2020 The company will file for bankruptcy after it reached an agreement with creditors to tackle debt acquired through a botched acquisition.
2020 Off to Rocky Start for Refiners
Tuesday, January 21, 2020 Though less than a month in, the new year has been difficult for oil refiners.
Oil Prices Settle Lower Amid Libya and Iraq Tensions
Tuesday, January 21, 2020 WTI and Brent crude oil prices posted modest declines during Tuesday's session.
Snake Oil Goes Mainstream
Monday, January 20, 2020 An obscure part of the global marine-fuel market, once viewed as having little value for most shippers, is about to have its day.
Global Exploration Poised for Upswing
Monday, January 20, 2020 Global exploration is poised for an upswing as operators flock to licensing rounds, according to Rystad Energy.
Panhandle Appoints New CEO
Monday, January 20, 2020 Panhandle Oil and Gas Inc. has revealed that Chad L. Stephens has been approved as the new chief executive officer of the company.
OPEC, IEA or EIA Completely Wrong in 2020 Oil Market Analysis
Monday, January 20, 2020 Somebody big has got their analysis of the 2020 oil market flat wrong.
Saipem to Test Plastic Recycling Tech
Monday, January 20, 2020 Saipem reported Monday that it has signed a license agreement to test a new technology for the disposal and reuse of plastics.
Higher Non-OPEC Output Will Keep Oil Prices Honest in 2020
Monday, January 20, 2020 OPEC and its allied producers might be cutting output, but incremental non-OPEC production and demand doubts are likely to prevent oil benchmarks from overshooting current trading ranges.
Evolution Well Services Inks 2-Year Electric Frac Deal
Monday, January 20, 2020 Evolution Well Services has landed a 24-month deal providing electric fracking services to an unnamed onshore oil and gas producer beginning this quarter.
Oil Pares Gains
Monday, January 20, 2020 Oil pares gains after rising to the highest in more than a week as projections of plentiful world supplies countered concern about disruptions in Iraq and Libya.
Oil Heads for Weekly Drop Amid Demand Concerns
Friday, January 17, 2020 Oil is headed for a weekly drop amid persistent demand concerns.
Schlumberger Posts $10B Loss in 2019
Friday, January 17, 2020 Schlumberger posted a $10.1 billion loss in 2019 amid North America land market weaknesses.
US Adds 15 Oil, Gas Rigs
Friday, January 17, 2020 The U.S. rig count increased for the first time this year as the nation added 14 oil rigs and one gas rig.
Oil Prices Nearly Flat for the Week
Friday, January 17, 2020 WTI and Brent crude oil futures posted small gains Friday but are down slightly for the week.
Oil Rallies on Trade Deal
Thursday, January 16, 2020 Oil rebounded after the U.S. and China inked the first phase of their trade deal, recouping losses driven by data showing American petroleum supplies rising to a four-month high.
US-China Phase One Trade Deal Reaction
Thursday, January 16, 2020 The API, WoodMac and Stenn Group give their reaction to the phase one trade deal.
US Renewable Investment Hit a Record in 2019
Thursday, January 16, 2020 The U.S. renewable energy industry doesn't seem to take much notice of President Donald Trump's views on green energy and climate change as investments surged to a record last year.
Oil, Gas Supermajors Living Beyond their Means
Thursday, January 16, 2020 Some of the world's largest oil and gas companies are shelling out more to their shareholders than they can afford, according to a new report.
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