U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of the Atlantic hurricane season threatened offshore oil production and began soaking Louisiana with heavy rains. — Read on www.reuters.com/article/us-storm-gulfmexico/u-s-oil-companies-slash-gulf-of-mexico-production-as-storm-bears-down-idUSKCN1U51LJ Advertisements
The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season’s first major storm in the area. The potential hurricane, which would be named Barry if it continues to strengthen, is expected to travel westward along the Gulf […]Read more "Big Oil evacuates Gulf platforms as disturbance strengthens – Houston Chronicle"
(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 […]Read more "Canada Likely to Proceed With Trans Mountain Expansion"
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.htmlRead more "Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com"
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-idUSKCN1RY0Q4Read more "Halliburton sees signs of price recovery, shares dip – Reuters"
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/Read more "5 Ways That Fracking Is Helping Our Environment – FrackFeed"
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-regulatorsRead more "TEAL project second phase ready for full in-service, Enbridge tells regulators | S&P Global Platts"
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/Read more "Why Chevron Bought Anadarko"
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 […]Read more "Oil drifts lower in choppy trade after unexpected jump in U.S. crude inventories – MarketWatch"
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/Read more "Pioneer Natural Resources to make major staffing cuts"