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
Oil price benchmarks gained marginally on New York and London markets Mar. 14 but waivered in Mar. 15 trading. Despite forecasts for robust world oil demand, analysts say growing US shale production could restrict US light, sweet oil prices.
David L. Porges has been named interim president and chief executive officer of EQT Corp., Pittsburgh, after the resignation of Steven Schlotterbeck from those and related positions.
Global oil demand is expected to rise 1.5 million b/d to 99.3 million b/d in 2018, according to the International Energy Agency’s most recent Oil Market Report. This represents a 90,000-b/d increase compared with last month’s report.
Led by gasoline and seasonal demand for heating fuels, US petroleum demand hit 20.3 million b/d in February. Demand was up by more than 1 million b/d from February 2017, nearing record highs not seen for more than a decade, according to the American Petroleum Institute.
Thirty-nine US senators urged the Trump administration to use all tools at its disposal—including a provision in the 2017 Countering America’s Adversaries Through Sanctions Act (CAATSA)—to prevent construction of the Nord Stream 2 natural gas pipeline.