Archives for 2017
Many industrial cyber threats go undetected in U.S. oil industry
In December 2015, hackers shut down power for thousands of Ukrainian electricity customers for six hours in an attack that compromised three power plants. It was the first known destructive cyberattack against a power grid,...
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Texas adds 5 rigs to Eagle Ford; U.S. count up just 2
The number of oil and gas rigs in U.S. fields rose for the seventh straight week as oil companies, especially in Texas, continue to show optimism in the industry. This week’s U.S. count jumped by...
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Market Currents: OPEC and donuts
Crude prices are getting up off the canvas after being knocked down yesterday, helped up by a falling dollar ahead of lots of Fedspeak. Nonetheless, prices are holding in their tight range, as OPEC compliance seems...
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At Energy Dept. meeting, Perry tries to move past 2011 gaffe
How do you lead 13,000 people, a group that includes some of the most accomplished scientists in the world, who you once infamously said should be eradicated from the federal budget? If you’re Rick Perry, who...
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Will OPEC end its truce with shale drillers?
When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation. “Lower...
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