Archives for 2016
Drillers may return to dormant wells as confidence in recovery grows, Rystad says
HOUSTON – Crude prices have climbed high enough that drillers could soon tap into the big backlog of dormant wells left behind in the darkest days of the energy bust, energy experts say. Click through...
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Guest commentary: Independents’ day dawns for oil industry
By Ivan Sandrea A couple of weeks ago, Mexico continued the historic opening of its energy markets to the world with the signing of its 24th contract for exploration and production with companies other than government-owned...
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Federal judge strikes down Obama’s effort to regulate fracking
A Wyoming federal judge has struck down the Obama administration’s attempt to regulate how oil and natural gas drillers conduct hydraulic fracturing on federal lands. In a ruling Tuesday U.S. District Judge Scott Skavdahl found found...
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Saudi energy chief: Oil glut is past
HOUSTON – The man in charge of Saudi Arabia’s oil empire says the energy glut that kindled a crippling oil rout and thrashed Houston’s biggest business for two years has finally vanished. Click through the...
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Exxon Mobil struggles to run California plant long enough to dump it
Exxon Mobil resumed operation of the catalytic cracker on May 17, more than a year after a February 2015 explosion damaged a key pollution control unit. The restart has faced multiple hurdles since. Source: FuelFix
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