Archives for April 2017
Oil falls for first time in 6 days amid ample U.S. stockpiles
Crude declined, ending its longest winning streak this year amid speculation the U.S. glut will linger. Futures fell in New York after rising 5.7 percent over five sessions. Inventories probably fell by 1.75 million barrels...
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Pipeline built to survive extremes can’t bear slow oil flow
Here at the top of the world, January brought a glimpse of the anxious future facing Alaska’s once-mighty oil pipeline. The 800-mile Trans Alaska Pipeline System was built for extreme conditions. But as the state’s...
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Fast growth of sand mining is ‘real deal’ after oil bust
KOSSE – As drilling has recovered in recent months, particularly in West Texas’ Permian Basin, the sand mining industry has exploded. It is producing more than ever to meet the demand of an oil and gas...
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Linn Energy OK’d for trading on over-the-counter market
Linn Energy, the largest company to file for bankruptcy in the oil bust, has been approved to trade shares on an over-the-counter market that requires stocks to trade above a penny, the company said Monday....
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Libya halts Sharara oil loadings as biggest field shuts down
Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal, the latest disruptions to the country’s output and shipments of...
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