The expected financial returns are higher for a project in the Shale Crescent region (WV, PA, OH) compared with a G… https://t.co/ixxnfEvBrB
Oil & Gas Journal Archive
- Senators want US to use all options to oppose Nord Stream 2 pipeline
- API: US petroleum demand in February hit 20.3 million b/d
- IEA raises global oil demand estimate for 2018
- Porges named interim EQT president, CEO
- MARKET WATCH: NYMEX holds under $61/bbl on forecasts of higher shale production
- Pioneer to restart Texas field shut by fire
- Court rejects NYSDEC’s appeal of FERC’s Valley Lateral ruling
- Pruitt issues guidance clarifying NSR evaluations
- US sanctions on Venezuela could backfire, speakers warn at forum
- OPEC forecasts rising non-OPEC oil supply, especially US oil production
- EIA: US crude oil inventories up 5 million bbl
- MARKET WATCH: NYMEX crude oil settles under $61/bbl on US Cabinet shifts
- Trump fires Tillerson as secretary of State, names Pompeo as successor
- Woodside enters into deal to operate Scarborough gas field
- Eni strikes deals for concessions off Abu Dhabi
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased 1.7 million bbl during the week ended July 22 from the previous week’s total, according to the US Energy Information Administration’s Petroleum Status Report.
Statoil ASA plans to cut its capital expenditure guidance for 2016 to $12 billion from $13 billion. That includes an exploration guidance reduction to $1.8 billion from $2 billion.
Cleanup continues from a pipeline failure in early June that resulted in the release of about 2,400 bbl of condensate about 65 km northeast of Grande Cache in west-central Alberta.
US Department of the Interior reporting guidance to oil and gas operators may hinder the US Bureau of Land Management’s ability to account for methane emissions on onshore federal leases, the Government Accountability Office warned.
The US Geologic Survey has assisted India’s government in discovering large, highly concentrated natural gas hydrate deposits in the Bay of Bengal. The discovery, which is the first of its kind in the Indian Ocean, could potentially be produced, the US Department of the Interior agency said.