Archives for 2017
US rig count climbs by 10 in 14th weekly rise
The number of rigs drilling across the nation jumped by 10 this week, an even 5-5 split between oil and gas rigs, Baker Hughes said Friday For 14 straight weeks, the U.S. rig count has...
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Market Currents: Global crude loadings still rising
Crude is heading lower again, rounding out a downbeat week, as the expectation of an OPEC production cut extension is more than outweighed by an ongoing lopsided market. As oversupply fears enter the fray once...
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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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