Archives for November 2018
Saudis see need for major oil supply cut as fears of a glut grow
Saudi Arabia said OPEC and its allies should reverse about half the increase in oil output they made earlier this year as fears of shortages are supplanted by concerns about oversupply and collapsing prices. Source:...
Click here 0 1,672
UT: Oil and gas water disposal linked to more earthquakes
A new study by the University of Texas strengthens the links between earthquakes and the disposal of wastewater from oil and gas operations deep underground. The study found that the depth of wells drilled for...
Click here 0 1,736
Apache Corp. founder Raymond Plank dies
Raymond Plank, the colorful founder of Apache Corp., died Thursday, according to Apache. Plank was 96. Plank started Apache in 1954 from initial seed capital of $250,000 and grew it to a successful Houston-based independent...
Click here 0 1,760
Magellan, Navigator exploring Cushing to Houston oil pipeline
Two oil and gas pipeline and storage companies are exploring building a crude oil and condensate pipeline from Cushing, Oklahoma to Houston. Source: FuelFix
Click here 0 1,723
