Permian Basin leads big jump in rig count
The number of rigs actively drilling for oil jumped by 15, including 12 just in the Permian, while the amount of rigs primarily seeking natural gas grew by two. Source: FuelFix
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Market Currents: China remains key market for many oil exporters
With a weaker dollar in cahoots with ongoing hope spurred on by OPEC murmurs and rumors, crude is ripping higher into the weekend. Hark, here are five things to consider in oil markets today. 1)...
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The view from Canada: ‘The industry is in a tough position’
The rebound in U.S. crude prices from a low of about $26 a barrel this year hasn’t been big enough for Canadian energy CEOs to start celebrating. Oil is up about 67 percent from the...
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Technology, efficiency driving success in oilfield
The technological shift to high-efficiency oil and gas drilling is the single biggest change in production since oil prices crashed, the chief executive of an industry analytics company said this week. Allen Gilmer, chairman of...
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Firefighters working to control blaze at Louisiana refinery
CONVENT, La. — Firefighters at a refinery along the Mississippi River between New Orleans and Baton Rouge are fighting a fire inside the plant. Chief Ryan Louque of the neighboring St. James Fire Department said the...
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