Archives for April 2017
BP Gulf oil spill damage valued at $17.2 billion
BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the...
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Pipeline CEO Kelcy Warren approved for Texas Parks & Wildlife seat
A committee of the Texas Senate narrowly approved Kelcy Warren’s nomination to the Texas Parks & Wildlife Commission on Thursday, despite months of environmental protests and marches against his pipeline company, Energy Transfer Partners. All...
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Exxon to start production in Vaca Muerta
U.S. oil companies, as they look across the world for other shale rock that might — perhaps — match Texas’ mighty Permian Basin, often pause on Argentina. The South American giant holds an enormous field...
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More oil: Permian keeps on drilling
Drillers in the Permian Basin just keep cranking out more oil. Crude production in the Permian increased by 57,700 barrels per day from February to March, according to a new report from the Federal Reserve...
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Market Currents: Crude waiting offshore in the U.S. Gulf is rising
Oil is trying to recover after yesterday’s shellacking, but oversupply fears still remain. As rumors and murmurs circulate about an extension to the OPEC production cut, hark, here are five things to consider in oil markets...
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