Canada Likely to Proceed With Trans Mountain Expansion

(Bloomberg) — The Canadian government is likely to proceed with expansion of the Trans Mountain oil pipeline when it announces its final decision on the conduit next month, officials familiar with the matter say. The government has made no secret about its interest in finding a way to expand the line, but has tiptoed around […]

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Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com

Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com — Read on www.nola.com/environment/2019/04/oil-export-terminal-next-to-proposed-mid-barataria-sediment-diversion-gets-states-initial-ok.html

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Halliburton sees signs of price recovery, shares dip – Reuters

Halliburton Co sought to convince investors on Monday that weak pricing which has undermined oilfield services providers over four years was on the verge of turning a corner. — Read on www.reuters.com/article/us-halliburton-results/halliburton-sees-signs-of-price-recovery-shares-dip-idUSKCN1RY0Q4

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5 Ways That Fracking Is Helping Our Environment – FrackFeed

Despite false claims and accusations from extreme environmentalists, fracking and natural gas actual help our environment! Click to find out how! — Read on www.frackfeed.com/5-ways-that-fracking-is-helping-our-environment/

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TEAL project second phase ready for full in-service, Enbridge tells regulators | S&P Global Platts

Enbridge asked US regulators on Tuesday to place in service the remaining facilities on the second phase of its Texas Eastern Appalachian Lease project, an expansion that is designed to increase acces — Read on www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/041619-teal-project-second-phase-ready-for-full-in-service-enbridge-tells-regulators

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Why Chevron Bought Anadarko

Here’s why Chevron agreed to acquire Anadarko in a deal valued at $50 billion. — Read on www.forbes.com/sites/rrapier/2019/04/14/why-chevron-bought-anadarko/

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Oil drifts lower in choppy trade after unexpected jump in U.S. crude inventories – MarketWatch

Oil futures saw choppy trade Wednesday after data showed a larger-than-expected jump in U.S. crude inventories. The Energy Information Administration said crude inventories rose 7.2 million barrels to 449.5 million barrels in the week ended March 29, leaving them at the five-year average. Analysts surveyed by S&P Global Platts had produced a consensus forecast for […]

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Pioneer Natural Resources to make major staffing cuts

Right now Pioneer is offering current employees a severance package to voluntarily leave, but the company expects a number of people will just be let go. — Read on www.newswest9.com/2019/04/06/pioneer-natural-resources-make-major-staffing-cuts/

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How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times

Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the world’s second most productive. MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even […]

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The Oil And Gas Situation: Is A Train Wreck Around The Corner?

Sooner or later, Russia, Saudi Arabia and the other party nations to the OPEC-Plus export limitations agreement are going to exhaust their running room for additional cuts. When that happens, the U.S. shale boom will probably come to a rapid halt. — Read on www.forbes.com/sites/davidblackmon/2019/02/22/the-oil-and-gas-situation-is-a-train-wreck-around-the-corner/amp/

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