Agency cites Atlantic Coast Pipeline for construction problems

The Atlantic Coast Pipeline was cited for “unsafe construction practices at work sites” by the U.S. Pipeline and Hazardous Materials Safety Administration.The post Agency cites Atlantic Coast Pipeline for construction problems appeared first on Shale G…

Asian stocks shaky before Powell’s speech as growth woes weigh

Asian shares struggled to make any headway on Friday as weak U.S. manufacturing activity and uncertainty over how much further the Federal Reserve would cut rates added to the general air of caution in markets buffeted by global growth fears. With political tumult in Hong Kong, Italy and Britain adding to the tense backdrop, investors …

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LNG Upends Europe’s Gas Market

Low liquefied natural gas (LNG) spot prices amid abundant supply and weaker Asian spot demand this year have helped Europe to fill its storage tanks to more than average levels this summer. Natural gas prices in Europe dropped to a ten-year low in early July as Russia and the United States continue to fight for …

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Drillinginfo Announces Name Change to Enverus

Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the company’s 20th anniversary and surpassing $300 million in Annual Recurring Revenue (ARR), the new name and brand better reflects the company’s identity as a leading data, analytics, and efficiency …

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Drillinginfo Announces Name Change to Enverus

Austin, TX (August 22, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the company’s 20th anniversary and surpassing $300 million in Annual Recurring Revenue (ARR), the new name and brand better reflects the company’s identity as a leading data, …

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BP and Eni sign exploration agreement in Oman

BP and Eni have signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman. Block 77 covers a total area of over 2,700 square kilometres. BP and Eni will each hold a 50% interest in the EPSA, with Eni acting as …

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Substantial oil resources to be unlocked in Norway through increased recovery projects

Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, according to GlobalData. Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, comments: “Field expansion projects in Norway remain competitive against ongoing planned greenfield developments, and are projected to unlock vast reserves at viable investment levels.” Of the …

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U.S. refinery operations-Total Port Arthur, Texas, refinery increasing production -sources

The following is a list of refinery incidents reported in the United States on Aug. 21: * Total Port Arthur, Texas, refinery increasing production -sources * Shell Martinez, Calif. Refinery Reports Planned Startup on Aug. 14 * Valero may restart Sunray, Texas refinery HCU early next week -sources * TABLE-U.S. oil refiners’ weekly capacity seen …

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Oil inches higher after U.S. crude stocks drawdown, economic worries weigh

Oil prices edged higher on Thursday after a drawdown in U.S. crude inventories, but lingering concerns over the global economy and a build-up in U.S. refined product stocks kept a lid on gains. Brent crude futures climbed for a fifth consecutive session on Thursday, rising 6 cents, or 0.1%, to $60.36 a barrel by 0242 …

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Funding arrangements for the upcoming UN climate conference may be in disarray after local reports suggested contributions from the local mining industry to the Chilean authorities were to be slashed.

Funding arrangements for the upcoming UN climate conference may be in disarray after local reports suggested contributions from the local mining industry to the Chilean authorities were to be slashed.Funding for Annual UN Climate Talks Plummets as Mini…

“Could we successfully own and operate that asset? I can say we’re uniquely qualified to do that, but we’ve got a lot of other things that are going our way and we don’t want to … subject our entire organization and reputation to all the noise that that entails.”

“Could we successfully own and operate that asset? I can say we’re uniquely qualified to do that, but we’ve got a lot of other things that are going our way and we don’t want to … subject our entire organization and reputation to all the noise that tha…

While Charles and David Koch’s political operations have been the subject of powerful investigative reporting by the New Yorker’s Jane Mayer, author of the landmark book “Dark Money,” and numerous others, Christopher Leonard probes into the business that not only funds the Koch political machine, but also represents the clearest embodiment of the Kochs’ market fundamentalist political philosophy in action.

While Charles and David Koch’s political operations have been the subject of powerful investigative reporting by the New Yorker’s Jane Mayer, author of the landmark book “Dark Money,” and numerous others, Christopher Leonard probes into the business th…

A Very Fragile Balance In Oil Markets

Against the background of the United States softening its rhetoric vis-à-vis Huawei and Saudi Arabia taking matters into its own hands in cutting export rates significantly below the 7mbpd export threshold, crude prices have steadied a bit on Monday-Tuesday this week. The push factors still remain on the table – OPEC has once again cut …

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