Archives for 2019
Texas oil production strong despite recent price drop
Despite the recent plunge in oil prices, the Texas energy industry remains on solid ground and and the state can expect crude production to grow to new records in 2019, according to a new analysis...
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Senators demand names of oil industry contacts from Interior Dept.
Democratic senators are demanding the Trump administration turn over the names of those it has been in contact with from the oil industry over its decision to continue oil and gas leasing during the partial...
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Joint venture to provide water services to University Lands in Permian Basin
University Lands has awarded a Houston-based joint venture a contract to provide water services to oil and natural gas operations on 167,000 acres of state-owned lands in the Permian Basin of West Texas. Source: FuelFix
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European pipeline project blocked by regulators
Getting a natural gas pipeline built is getting increasingly difficult worldwide. French and Spanish regulators have rejected a $500 million gas pipeline project running across the Pyrenees mountains, following strong opposition to the project as...
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Oil rises on expectations of market balance, slower shale growth
Oil recovered after its biggest decline in more than a week on signs U.S. shale supply growth is slowing, and expectations that OPEC’s output cuts are well on their way to balancing the market. Source:...
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