News
Oil inventory levels rise in Gulf Coast and Midwest
The year is coming to a close with another jump in the nation’s stockpile of oil as the U.S. struggles to work through its ongoing glut of crude. Crude oil inventory levels rose by 600,000...
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Carbon emissions in 2016 expected to be lowest since 1992
Carbon emissions from U.S energy sources in 2016 are expected to be the lowest in nearly 25 years, according to an analysis from the U.S. Department of Energy. Carbon emissions for the first six months...
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Shale drillers to move cautiously as oil prices rise
Shale oil companies are ready to play chicken with supply and demand again. Roiled by a year that began with crude at a 12-year low and ended with a surprise OPEC agreement boosting prices, U.S....
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Rising oil prices could spur energy IPOs next year
It may be time for a baby boom in U.S. oil. Rising crude prices and a deregulatory push in Washington may spur as many as 40 companies to hold initial public offerings over the next...
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Shell Midstream Partners acquires stakes in Gulf of Mexico pipelines
Shell Midstream Partners has acquired stakes in three companies that operate Gulf of Mexico oil and gas pipelines. The Houston-based company’s board of directors has approved buying 10 percent interests in Proteus Oil Pipeline Co.,...
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