Oil & Gas Journal Archive
- Christian elected chairman of Texas RRC
- Anadarko sanctions Mozambique LNG project
- Leaseholders told to recalculate royalties under 2016 rule
- PTTEP agrees to acquire Partex Holdings
- ConocoPhillips to acquire Nuna discovery acreage
- Roberts named Stakeholder Midstream COO
- Lime Rock to buy certain Oklahoma assets from BP
- MARKET: Brent crude falls more than $1/bbl
- ONGC moves 35 rigs ahead of monsoon season
- DRBC approves dock, adds products to Gibbstown project
- MARKET: Brent for August tops $62/bbl
- Baker Hughes: US rig count down 6 units to 969
- WoodMac: Argentina LNG poised to meet Asian demand
- IEA consecutively cuts oil demand growth forecast
- Husky fined for 2016 Saskatchewan oil spill
The US Environmental Protection Agency issued emergency fuel waivers for Allegheny County, Pa., to ensure that fuel supplies remain adequate following damage to a pipeline that supplies the area.
A final rule signed May 31 by US Environmental Protection Agency Administrator Andrew R. Wheeler that waives summertime Reid Vapor Pressure limits and allows year-round sales of gasoline with a 15% ethanol blend was met with disappointment by refiners and with delight by corn ethanol producers.
Russian production fell by 170,000 b/d from April to May as the disruption to oil exports caused output to fall to 60,000 b/d less than the production-cut commitment. The last hurdle is restoring 750,000 b/d via the northern leg of Druzhba.
The US drilling rig count gained a single rig to reach 984 rigs working for the week ended May 31, according to Baker Hughes data. The count is down 76 units from the 1,060 rigs working this time a year ago.