Archives for 2016
Apache ‘disappointed’ in Earthworks tactics at Balmorhea
The environmental activist nonprofit Earthworks released a report on Thursday reinvigorating concerns that oil and gas production around West Texas’ Balmorhea State Park could pollute the springs that feed the park’s famous swimming pool. Balmorhea...
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The record oil inventory build that never was
Yesterday’s weekly EIA inventory report showed a 14.4 million-barrel build to oil inventories, the largest since weekly records began in 1982. Here at ClipperData, we use U.S. Customs bills to report oil imports in a...
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Cheniere Energy inches toward profitability
The nation’s first liquefied natural gas exporting company moved closer to profitability in the third quarter. Houston-based Cheniere Energy reported a net loss of $100 million in the third quarter, but that compares favorably to...
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Apache Corp. cuts expenses, narrows losses to $607 million
Houston’s Apache Corp., one of the largest oil and gas companies in the U.S., narrowed losses in the third quarter thanks largely to the increase in oil prices. Apache reported on Thursday losses of $607...
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U.S. crude slips to $45 as stockpile grows
U.S. crude prices have fallen to $45 a barrel in the wake of a stunning report showing the nation’s commercial stockpile of oil grew the most in 34 years. Some oil-market observers trace the 14.4...
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