Archives for 2017
US rig count expands yet again in 13th weekly gain
Oil companies set up more drilling rigs in U.S. oil fields over the past week, expanding the nation’s rig count for the thirteenth consecutive week, Baker Hughes said Thursday. All told, drillers dispatched 11 oil...
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Perry hails Texas carbon capture project as benefiting energy and environment
The Trump administration remains committed to reducing greenhouse gases while promoting the energy industry, said Energy Secretary Rick Perry on Thursday. Perry joined Texas Gov. Greg Abbott at NRG Energy’s Petra Nova carbon capture plant...
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Methane detection jobs booming
A new industry is emerging out of the fight to stop gas leaks in the nation’s oil wells, pipelines and storage tanks. At least 75 firms across the country now work to detect, stop and...
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IEA warns of resurgent US oil, slower demand growth
Even though OPEC is trying to contain the oil glut, production is set to increase worldwide this year, the International Energy Agency said Thursday. In its monthly report, the IEA said oil production could rise...
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Conoco to sell San Juan Basin stake for $3 billion
ConocoPhillips plans to sell its stake in the natural gas-rich San Juan Basin to Hilcorp Energy for as much as $3 billion, the company said Thursday. The Houston oil explorer said its 1.3 million acres...
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