Archives for 2016
Sawtooth Mountain: When oil companies buy land to protect it
An unusual consortium has banded together to keep oil and gas drilling away from Sawtooth Mountain, a jagged and iconic peak near West Texas’s Big Bend National Park. Four oil companies, an energy investment firm,...
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Market Currents: Middle East OPEC oil exports reach record
As OPEC optimism continues to grow, and as the dollar eases lower, crude is moving higher today in this holiday-shortened week (woot woot!). Hark, here are five things to consider in oil markets today: 1)...
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Houston-based Rowan teams with Saudi Aramco for new joint venture
The joint venture 50-50 joint venture between Rowan and the Saudi Arabian Oil Co., called Aramco, will build off of Rowan’s existing deepwater rig business in Saudi Arabia. The new company is planning to commence...
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Police, protesters clash at Dakota Access Pipeline
CANNON BALL, N.D. — Tension flared anew on the Dakota Access pipeline as protesters tried to push past a long-blocked bridge on a state highway, only to be turned back by a line of law...
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Analyst: Need for Dakota Access Pipeline declining
The need for the controversial and delayed Dakota Access Pipeline is falling along with the production of oil from the Bakken Shale in North Dakota and Montana, said Sandy Fielden, Morningstar’s director of oil and products...
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