Oil & Gas Journal Archive
- Baker Hughes: International rig count down 8 units in June
- IEA: supply vulnerability will continue to underpin oil prices
- MARKET WATCH: Brent crude oil for September topples more than $5/bbl
- Trump: Nord Stream 2 would put Russia in ‘total control’ of Germany
- Sabry named DEA Egypt general manager
- AFPM report highlights robust midstream transportation’s importance
- ESAI: Russian crude ready to expand with spare capacity above 500,000 b/d
- EIA: US crude stockpiles decrease 12.6 million bbl
- MARKET WATCH: Crude oil benchmarks gain before Libya reopens ports
- EIA: Brent will remain above $70/bbl this year
- Middle Fork buying QEP Uinta basin assets
- MARKET WATCH: Crude oil benchmarks rise on Libya, Canada supply outages
- EPA proposes quotas for renewable fuel, biomass-based diesel
- WGC: Politics ranks high in gas pipeline risk factors
- WGC: Long-term gas consumption to rise under nearly all scenarios
The US Pipeline & Hazardous Materials Safety Administration completed one of its top priority rulemakings for 2016 as Administrator Marie Therese Dominguez signed long-awaited safety requirements for onshore hazardous materials pipelines. The final rule makes critical safety improvements, PHMSA said. An American Petroleum Institute official said it still falls short of what is needed.
Crude oil benchmarks traded moderately lower on Jan. 13, ending a 2-day rally driven by some major producers cutting production, especially Saudi Arabia. Light, sweet crude prices settled above $52/bbl on the New York market while Brent crude settled above $53 on the London market.
Foiled efforts so far to rename the Texas Railroad Commission remind this OGJ editor of a state antilitter campaign: "Don't mess with Texas." TRC may have the most colorful history of any state agency.