Archives for April 2017
Market Currents: Latin American crude heads away from U.S. to Asia
Oil is on the defensive again, retracing from resistance in recent days amid bearish U.S.-centric data of rampant production increases. Despite the Good Friday holiday, we get the EIA inventory report at the usual time tomorrow,...
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Shale oil on the rise this month, EIA says
Oil production across the seven major U.S. shale plays could climb by 124,000 barrels a day over the next month as drilling continues to boom, the Energy Department said Monday. More than half of the...
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With Trump rolling back on climate, energy executives meet to discuss what’s next
Royal Dutch Shell isn’t the only organization calling quasi-secret meetings to talk about a low-carbon future in the oil and gas industry. Last month, even as President Donald Trump was announcing plans to dismantle the...
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Out of the sand trap: Golf facility transforming into large frac sand mine
Fort Worth’s Emerge Energy Services said it is buying a small sand facility south of San Antonio to transform it into a much larger mine to serve the hydraulic fracturing needs of the oil sector....
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Blackstone to pipe $2 billion into West Texas midstream firm
Private equity giant Blackstone plans to snap up a midstream company in the Delaware Basin for $2 billion, it said Monday. It’s the latest in a series of corporate deals that come as companies jockey...
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