Archives for 2016
Technology, efficiency driving success in oilfield
The technological shift to high-efficiency oil and gas drilling is the single biggest change in production since oil prices crashed, the chief executive of an industry analytics company said this week. Allen Gilmer, chairman of...
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Firefighters working to control blaze at Louisiana refinery
CONVENT, La. — Firefighters at a refinery along the Mississippi River between New Orleans and Baton Rouge are fighting a fire inside the plant. Chief Ryan Louque of the neighboring St. James Fire Department said the...
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Market currents: Nigerian oil challenges, Iraqi opportunities
Actions speak louder than words. Nope, strike that and reverse it. Rhetoric from Saudi’s oil minister today is emphatically rallying crude prices, as Khalid al-Falih said Saudi would ‘take any action to help the market...
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IEA says global oil demand growth could sink
HOUSTON – The International Energy Agency says global markets have absorbed the excess oil that has weighed on crude prices for two years, but now oil demand growth, one pillar supporting prices, is in decline....
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Williams Partners has plan to bring back drilling to Barnett
Williams Partners has a plan to revive drilling in the birthplace of the U.S. shale boom. The Tulsa, Okla.-based pipeline giant has drafted a service contract with a private equity-backed company that’s taking over Chesapeake...
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