News
The U.S. is transitioning into a natural gas exporter
The United States is on track to become a net exporter of gas next year, driven largely by the growth of liquefied natural gas exports, according to the U.S. Energy Department. The U.S. started exporting...
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Market Currents: Lower refinery runs supportive of gasoline, less so of crude prices
Crude prices are selling off today as gasoline holds up relatively better, as refiners playing ‘pass the parcel’ of bearishness betwixt the two. As refiners make economic run cuts due to lower profit margins, gasoline...
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OPEC needs to extend output cuts to ease glut, says Total CEO
OPEC and Russia will need to prolong their six-month deal to cut oil output if they plan to trim the global inventory glut that has kept a lid on prices, said Total SA Chief Executive...
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Legislator makes (unlikely) attempt to change Railroad Commission’s name, again
A Democratic representative from Dallas introduced two bills last week aimed at changing the Railroad Commission of Texas, the state’s oil and gas regulator. But Rep. Rafael Anchia’s two bills are familiar issues that have been...
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Post Oak Energy Capital, Moriah Henry Partners step up Midland Basin program
Houston-based Post Oak Energy Capital led a $200 million equity commitment to Moriah Henry Partners, an exploration and production company headquartered in Midland. Its co-investors are Henry Energy and Moriah Energy Investments, which will manage...
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