Archives for 2016
Activists arrested after targeting U.S-Canada oil pipelines
The “Climate Direct Action” group activists said they turned off emergency safety valves for pipelines in Washington, Minnesota, Montana and North Dakota, including the northern leg of TransCanadas’s Keystone pipeline. Source: FuelFix
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Market Currents: Indian oil demand remains a bright spot
As the monthly IEA report shows rising OPEC production, the market is brought swiftly back to the reality that intentions and actions are two different things. After umpteen days of rallying, crude prices are finally...
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World oil production climbs again; but so should demand, agency says
Global oil supply rose by 600,000 barrels per day in September, driven by record OPEC production and a post-Soviet high in Russia, according to a report released Tuesday. The International Energy Agency predicted that oil...
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Sanchez Production Partners adds several south Texas oil, gas assets
Sanchez Production Partners has added a bundle of assets in the Eagle Ford region and across south Texas, the company announced. In one of a set of recent deals, the Houston-based publicly traded energy company...
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Phillips 66 moves $1.3 billion in assets to its MLP
The move is Phillips 66 Partners’ biggest acquisition to date as Houston-based Phillips 66 aims to expand its MLP and attract more investors. MLPs are publicly traded entities that do not pay corporate income taxes...
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