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China to Start Buying Oil for State Reserves After Crash April 2, 2020 - China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash, according to people with knowledge of the matter.The world’s biggest importer is taking advantage of a 60% plunge this year to… Full Story
Refiners Benefiting From Crude-Price Plunge Even as Plants Slow April 2, 2020 - America’s biggest fuel makers are taking advantage of plunging oil prices to capture profits while slowing fuel production. Marathon Petroleum Corp., Phillips 66 and Valero Energy Corp. are some of the U.S. refiners that cash in when crude costs fall… Full Story
Trucking Demand Throws a Lifeline to Ailing Refineries April 2, 2020 -  With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.The diesel revenue is sorely needed for the refining industry which has seen plants shut from South… Full Story
EIA: US crude inventories up 13.8 million bbl April 1, 2020 - US crude oil inventories for the week ended Mar. 27, excluding the Strategic Petroleum Reserve, increased by 13.8 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 13.8 million… Full Story
TC Energy to Build Keystone XL Pipeline April 1, 2020 - Thousands of New Jobs, Billions in Economic Stimulus and Enhanced North American Energy Security TC Energy to Build Keystone XL Pipeline – Full Story
Court orders full EIS for Dakota Access pipeline March 27, 2020 - The US District Court for the District of Columbia has ordered the US Army Corp of Engineers to conduct a full environmental review of Energy Transfer Partners’ Dakota Access crude oil pipeline. Court orders full EIS for Dakota Access pipeline … Full Story
Disinfectants can cause damage to metal March 27, 2020 - Disinfecting livestock facilities between groups is an effective method to reduce pathogen loads for incoming animals. While most producers understand the risks to humans and animals due to the caustic nature of most disinfectants, they may not recognize the damage… Full Story
EIA: US crude inventories up 2 million bbl March 19, 2020 - US crude oil inventories for the week ended Mar. 13, excluding the Strategic Petroleum Reserve, increased by 2.0 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 2 million… Full Story
Administration seeks offers of crude oil for SPR by March 26 March 19, 2020 - The US Department of Energy has issued a solicitation to buy up to 30 million bbl of domestic crude oil from US producers—a quick first step in a program to fill up the Strategic Petroleum Reserve (SPR). Administration seeks offers… Full Story
Corrosion basics: Corrosion and the environment March 19, 2020 - Corrosion Basics don’t get any more basic than the definition of corrosion as the deterioration of a material, usually a metal, that results from a chemical or electrochemical reaction with its environment. Almost all materials should be expected to deteriorate,… Full Story
U.S. drillers cut oil rigs for first week in four March 2, 2020 - U.S. energy firms reduced the number of oil rigs operating for the first time in four weeks as some companies expect output growth from shale formations to slow as producers cut spending on new drilling for a second consecutive year… Full Story
American Airlines Alliance M&E Base, Fort Worth, TX February 20, 2020 - Formerly the American Airlines Alliance M&E Base. Here the integrated design considered the inclusion of the large grounding footprint required for the expansive facility within the corrosion control design.  Both the grounding design and corrosion control (cathodic protection) design were… Full Story
Basic Concepts of Induced AC Voltages on Pipelines February 13, 2020 - The subject of an article published in 1995 is more relevant today than ever before due to increased metropolitan and infrastructure growth. Earl Kirkpatrick, Chief Engineer at ELK Engineering was far ahead of the "curve" on this subject and remains… Full Story
Investigators say corrosion caused deadly pipeline leak in northeast Nebraska February 10, 2020 - Federal investigators say corrosion caused a deadly leak in an anhydrous ammonia pipeline in 2016 in northeast Nebraska. The National Transportation Safety Board says in a report released last week that a series of small fatigue cracks caused by corrosion… Full Story
U.S. drillers add oil rigs for third week in four: Baker Hughes February 10, 2020 - (Reuters) – U.S. energy firms added oil rigs for the third time in four weeks even though producers planned to continue reducing spending on new drilling for a second consecutive year in 2020. Pump jacks operate at sunset in Midland,… Full Story
The AC corrosion mechanisms and models – A review February 7, 2020 - In this paper, the mechanisms and models of AC (alternating current) corrosion are critically reviewed to provide a systematic understanding for the further development of AC corrosion theory. None of the proposed mechanisms could give a full explanation of the… Full Story
Baker Hughes: Canada adds 10 rigs for the week February 7, 2020 - Canada has added 10 rigs for the week ended Feb. 2, according to Baker Hughes data. With 257 rigs running, the count is higher than the 240 units drilling this week a year ago. Baker Hughes: Canada adds 10 rigs… Full Story
EIA: US crude inventories up 3.4 million bbl February 7, 2020 - US crude oil inventories for the week ended Jan. 31, excluding the Strategic Petroleum Reserve, increased by 3.4 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 3.4 million… Full Story
Regulators revisit environmental review for Line 3 pipeline February 3, 2020 - ST. PAUL, Minn. – Minnesota regulators opened a hearing Friday on an updated environmental review for Enbridge Energy’s plan to replace its aging Line 3 crude oil pipeline across the state, but most testimony focused on broader questions of whether… Full Story
Baker Hughes: US rig count down 4 units to 790 February 3, 2020 - The US drilling rig count fell 4 units, reaching 790 rigs working for the week ended Jan. 31, according to Baker Hughes data. The count is down 255 units from the 1,045 rigs working this time a year ago. Full Story
EIA: US crude inventories up 3.5 million bbl January 29, 2020 - US crude oil inventories for the week ended Jan. 24, excluding the Strategic Petroleum Reserve, increased by 3.5 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 3.5 million… Full Story
U.S. drillers add oil rigs for second week in a row January 28, 2020 - U.S. energy firms added oil rigs for a second consecutive week, raising doubts over producers’ plans to continue reducing spending on new drilling for a second year in a row in 2020.Companies added three oil rigs in the week to… Full Story
Corrosion basics: Steam generation in power plants January 24, 2020 - The greatest use of high-temperature water and steam is in electrical power generation. Historically, fossil fuels were used almost exclusively to heat water and make steam until the introduction of nuclear power steam generators in the second part of the… Full Story
Baker Hughes: US rig count falls 2 units to 794 January 24, 2020 - The US drilling rig count dropped 2 units to reach 794 rigs working for the week ended Jan. 24. The count is down 256 units from the 1,059 rigs working this time a year ago, according to Baker Hughes data.… Full Story
EIA: US crude inventories down 400,000 bbl January 23, 2020 - US crude oil inventories for the week ended Jan. 17, excluding the Strategic Petroleum Reserve, decreased by 400,000 bbl from the previous week, according to data from the US Energy Information Administration EIA: US crude inventories down 400,000 bbl  Full Story
Keystone XL Wins Green Light From U.S. to Plow Ahead on Project January 23, 2020 - Jan 22, 2020 (Bloomberg) TC Energy Corp.’s long-delayed Keystone XL pipeline took another step forward with U.S. approval of a key stretch of construction.The Interior Department authorized construction across a swath of federal land in Montana, according to a release on… Full Story
Innovative construction helps rehabilitate two of Philly’s oldest stone and concrete bridges January 21, 2020 - As one of the first-settled areas of the U.S, Pennsylvania boasts a robust inventory of historic bridges, including the oldest continuously used roadway bridge in the nation. To preserve all of these bridges, engineers and preservationists use a variety of… Full Story
Investigators: Corroded pipe led to US refinery explosion, fire January 17, 2020 - Investigators with the U.S. Chemical Safety board say a June 2019 explosion and fire at the Philadelphia Energy Solutions (PES) refinery in Philadelphia, Pennsylvania, USA, occurred due to a corroded pipe elbow in the refinery’s alkylation unit. READ MORE Full Story
Baker Hughes: Canada adds 41 rigs for the week January 17, 2020 - Canada has added 41 rigs for the week ended Jan. 17, according to Baker Hughes data. With 244 rigs running, the count is higher than the 209 units drilling this week a year ago. Full Story
TC Energy plans February Keystone XL preconstruction January 15, 2020 - TC Energy Corp. plans to start preconstruction work in February on its 830,000-b/d Keystone XL crude oil pipeline. The company announced its plans in a filing with US District Court in Montana. Full Story
EIA: US crude inventories down 2.5 million bbl January 15, 2020 - US crude oil inventories for the week ended Jan. 10, excluding the Strategic Petroleum Reserve, decreased by 2.5 million bbl from the previous week, according to data from the US Energy Information Administration.   Full Story
US researchers probe localized corrosion on steel pipes January 10, 2020 - Materials Performance From Sept. 12: According to U.S. researchers, a localized form of nanoscale corrosion appears responsible for unpredictably decreasing the working life of steel pipes used frequently in the oil and gas industry. READ MORE Full Story
Baker Hughes: Canada adds 118 rigs for the week January 10, 2020 - Canada has added 118 rigs for the week ended Jan. 10, Baker Hughes data. With 203 rigs running, the count is higher than the 184 units drilling this week a year ago. Baker Hughes: Canada adds 118 rigs for the… Full Story
Baker Hughes: International rig count up 8 units in December January 8, 2020 - The international rig count for December 2019 reached 1,104, an increase of 8 units from November 2019 and up 79 units from the 1,025 counted in December 2018, according to Baker Hughes data. Baker Hughes: International rig count up 8… Full Story
EIA: US crude inventories up 1.2 million bbl January 8, 2020 - US crude oil inventories for the week ended Jan. 3, excluding the Strategic Petroleum Reserve, increased by 1.2 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 1.2 million… Full Story
U.S. drillers add most oil rigs in week since Feb 2018 December 23, 2019 - U.S. energy firms added the most oil rigs this week since February 2018 – primarily in the Permian shale – even though producers have been reducing spending on new drilling for much of this year.Companies added 18 oil rigs in… Full Story
Newark revamps corrosion control strategy for water service lines December 23, 2019 - The city of Newark, New Jersey, USA, is introducing a new corrosion control treatment program and working to replace lead service lines on private property after tests have repeatedly showed elevated lead levels in drinking water. READ MORE Full Story
The secret cost of corrosion on the homestead December 23, 2019 - In 2016, the corrosion of equipment and materials cost the United States more than $1 trillion, a number that has risen by $724 billion since 1998. The only two areas with higher total spending are healthcare and real estate. A… Full Story
Baker Hughes: US rig count up 14 units to 813 December 20, 2019 - The US drilling rig count increased 14 units, reaching 813 rigs working for the week ended Dec. 20, according to Baker Hughes data. The count is up after numerous weeks of decreases, but still down 267 units from this time… Full Story
Tackling corrosion December 20, 2019 - Experts from across industry and academia came together to explore new collaborative ways to tackle the cross-industry challenge of corrosion. Corrosion costs the global economy $2.5 trillion per year. It’s a multi-industry problem – affecting everything from oil and gas… Full Story
Baker Hughes: Canada adds 15 rigs for the week December 13, 2019 - Canada has added 15 rigs for the week ended Dec. 13, according to Baker Hughes data. With 153 rigs running, 21 fewer units are drilling in Canada than a year ago. Baker Hughes: Canada adds 15 rigs for the week  Full Story
Oil Reaches Three-Month High At $60 on U.S.-China Trade Pact December 13, 2019 - Dec 13, 2019 (Bloomberg) Oil rose to $60 a barrel for the first time in almost three months after U.S. President Donald Trump signed off on a partial trade deal with China, giving a boost to the fragile outlook for global… Full Story
Baker Hughes: International rig count down 34 units in November December 9, 2019 - The international rig count for November reached 1,096 units, a decline of 34 units from October and an increase of 105 from November 2018, according to Baker Hughes data (OGJ Online, Nov. 7, 2019). Baker Hughes: International rig count down… Full Story
Study seeks solutions for steel corrosion in reinforced concrete December 5, 2019 - from: Materials Performance An international team of researchers is investigating the process that results in the corrosion of steel bars that internally support structures made of reinforced concrete, as well as the solutions that can be undertaken that will avoid,… Full Story
MARKET WATCH: Crude oil benchmarks rise on lower US inventories December 5, 2019 - Light, sweet crude oil prices increased over $2/bbl on the New York market Dec. 4 after a US government report showed oil inventories, excluding the Strategic Petroleum Reserve, decreased by 4.9 million bbl for the week ended Nov. 29. MARKET… Full Story
MARKET WATCH: Crude oil benchmarks trade higher approaching midweek November 27, 2019 - Oil benchmark prices on both New York and London markets traded higher on Nov. 26. MARKET WATCH: Crude oil benchmarks trade higher approaching midweek  Full Story
Baker Hughes: US rig count down 1 unit to 802 November 27, 2019 - The US drilling rig count fell 1 unit, reaching 802 rigs working for the week ended Nov. 27, according to Baker Hughes data. The count is down 274 units from the 1,076 rigs working this time a year ago. Baker… Full Story
EIA: US crude inventories up 1.6 million bbl November 27, 2019 - US crude oil inventories for the week ended Nov. 22, excluding the Strategic Petroleum Reserve, increased by 1.6 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 1.6 million… Full Story
U.S. oil drillers cut rigs for fifth week in a row November 25, 2019 - U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row and the rig count has dropped 24% year-on-year as producers cut spending on new drilling.Drillers cut three oil rigs in the… Full Story
MARKET WATCH: NYMEX, Brent crude prices lower November 25, 2019 - Oil benchmarks on markets in New York and London settled lower Nov. 22. The light, sweet crude contract for January on the New York Mercantile Exchange fell 81¢ to $57.77/bbl on Nov. 22. The February decreased 75¢ to settle at… Full Story
Baker Hughes: US rig count down 3 units to 803 November 22, 2019 - The US drilling rig count dropped 3 units to reach 803 rigs working for the week ended Nov. 22, according to Baker Hughes Co. data. The count is down 276 units from the 1,079 rigs working this time a year… Full Story
U.S. Congress wants review of Keystone pipeline in wake of North Dakota spill November 21, 2019 - Top U.S. House Democrats have called for a federal review of the Keystone pipeline and the agency that regulates it in the wake of 1.4-million-litre (383,000-gallon) spill in northeastern North Dakota, the latest of three spills along the line in as… Full Story
MARKET WATCH: Crude oil benchmarks trade higher midweek November 21, 2019 - Light, sweet crude oil rallied to settle above $57/bbl on the New York market Nov. 20 while Brent crude oil for January gained nearly $1.50 to settle above $62/bbl on the London market. MARKET WATCH: Crude oil benchmarks trade higher… Full Story
Internal corrosion protection strategies for aboveground storage tanks November 20, 2019 - Materials Performance In a CORROSION 2019 conference paper, the authors analyzed two case studies of corrosion-prone tanks using dissimilar metals and the challenges that arose in providing them with adequate CP. READ MORE Full Story
EIA: US sets natural gas records in 2018 November 20, 2019 - The US set new records in natural gas production, consumption, and exports in 2018, according to the US Energy Information Administration (EIA). EIA: US sets natural gas records in 2018 Full Story
MARKET WATCH: Oil futures down on fear of trade war progress reversal November 13, 2019 - Benchmark crude oil prices fell slightly Nov. 12 on markets in both London and New York on commentary related to ongoing US-China trade negotiations. Oil markets have been “ultrasensitive to headlines pertaining to the progress on the US-China… MARKET WATCH:… Full Story
EIA: Recent crude oil market risks starting to diminish November 13, 2019 - Crude oil markets traded in a relatively narrow range in October following heightened volatility in September stemming from the attack on Saudi Arabian crude oil processing facilities. EIA: Recent crude oil market risks starting to diminish Full Story
Baker Hughes: US rig count down 5 units to 817 November 8, 2019 - The US drilling rig count fell 5 units reaching 817 rigs working for the week ended Nov. 8, according to Baker Hughes Co. data. The count is down 264 units from the 1,081 rigs working this time a year ago… Full Story
‘This is not a joke’: High levels of lead found in water at Canadian daycares, schools November 8, 2019 - A new study has found that some Canadian cities have higher levels of lead in their drinking water than Flint, Michigan, which has become synonymous with contaminated H20. The year-long investigation, conducted by more than 120 journalists from nine universities… Full Story
Workers plug Keystone pipeline in North Dakota to access site of spill November 6, 2019 - TC Energy Corp has plugged its Keystone crude oil pipeline in North Dakota, allowing workers to excavate a portion of the pipeline that leaked last week and determine the cause of the spill, a state official said on Tuesday. Work… Full Story
EIA: US crude inventories up 7.9 million bbl November 6, 2019 - US crude oil inventories for the week ended Nov. 1, excluding the Strategic Petroleum Reserve, increased by 7.9 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 7.9 million… Full Story
Keystone Crude Pipeline Restart Schedule Still Undetermined November 5, 2019 - Oil deliveries off the Keystone pipeline are set to tumble this month, as fears mounted over a longer-than-expected outage after its operator said Monday that work to remove a damaged section of the pipe would be completed by week’s end.… Full Story
Oil Gains for a Third Day as Trade-Deal Optimism Extends November 5, 2019 - Oil rose for a third day, buoyed by signs of progress in the prolonged U.S.-China trade dispute, despite expectations for expanding American crude stockpiles. Futures climbed as much as 1% in New York. China is reviewing locations in the U.S.… Full Story
U.S. oil output soars to record 12.4 mln bpd in August November 4, 2019 - U.S. crude production soared nearly 600,000 barrels per day in August to record of 12.4 million, buoyed by a 30% increase in Gulf of Mexico output, according to government data released on Thursday.The U.S. has become the world’s largest oil… Full Story
MARKET WATCH: Crude oil prices end week higher November 4, 2019 - Crude prices ended the week higher with $2/bbl gains Nov. 1, with December West Texas Intermediate up 3.7% to settle at $56.20/bbl and January Brent up 3.5% to reach $61.69/bbl, partly on indications of progress in ongoing US-China trade talks.… Full Story
Michigan court rejects state AG’s Enbridge pipeline opinion November 1, 2019 - A Michigan Court of Claims judge rejected Atty. Gen. Dana Nessel’s opinion that an agreement Enbridge Inc. negotiated with the previous administration to rebuild its Line 5 crude oil pipeline across the Mackinac Straits was unconstitutional. Michigan court rejects state… Full Story
Baker Hughes: US rig count down 8 units to 822 November 1, 2019 - The US drilling rig count fell 8 units, reaching 822 rigs working for the week ended Nov. 1, according to Baker Hughes Co. data. The count is down 245 units from the 1,067 rigs working this time a year ago.… Full Story
MARKET WATCH: NYMEX front-month oil contract ends month lower November 1, 2019 - The light, sweet crude contract for December on the New York Mercantile Exchange fell 88¢ to $54.18/bbl on Oct. 31. The January contract decreased 85¢ to settle at $54.25/bbl. MARKET WATCH: NYMEX front-month oil contract ends month lower Full Story
U.S. drillers cut oil rigs for record 11th month October 29, 2019 - U.S. energy companies reduced the number of oil rigs operating this week, leading to a record 11-month decline as producers follow through on plans to cut spending on new drilling. Drillers cut 17 oil rigs in the week to Oct.… Full Story
MARKET WATCH: Oil benchmarks start week lower October 29, 2019 - Oil benchmarks on the New York and London markets began the week lower Oct. 28 on uncertainty over whether the Organization of Petroleum Exporting Countries and its allies will cut oil output come December. MARKET WATCH: Oil benchmarks start week… Full Story
Sebastian Inlet Bridge found to be ‘structurally deficient’ October 15, 2019 - Problems have been found on a bridge in the Treasure Coast that many people use everyday. The Florida Department of Transportation (FDOT) says the bridge is "structurally deficient." The Sebastian Inlet Bridge on A1A is a landmark, an aging landmark… Full Story
MARKET WATCH: Crude oil benchmarks, US natural gas prices fall October 9, 2019 - Crude oil benchmarks ended slightly lower on New York and London markets on Oct. 8 while US natural gas future prices also declined after having recently snapped the longest losing streak since at least 1990. MARKET WATCH: Crude oil benchmarks,… Full Story
EIA: US crude inventories increase 2.9 million bbl October 9, 2019 - US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 2.9 million bbl for the week ended Oct. 4, according to data from the US Energy Information Administration. EIA: US crude inventories increase 2.9 million bbl Full Story
MARKET WATCH: Crude oil benchmarks end week with a gain October 7, 2019 - Oil benchmark prices rose Oct. 4 to end the week with light, sweet crude contracts for December settling below $53/bbl on the New York market while the Brent crude contract for December settled just under $58.40/bbl. MARKET WATCH: Crude oil… Full Story
Baker Hughes: International rig count down 7 units in September October 7, 2019 - The international rig count for September reached 1,131 units, a decline of 7 from August and an increase of 127 from September 2018, according to Baker Hughes data. Baker Hughes: International rig count down 7 units in September Full Story
New noninvasive technique measures steel rebar corrosion October 4, 2019 - University of Saskatchewan doctoral student Arthur Situm has developed a new noninvasive technique to study the rusting of steel. Situm believes the research could help with the safety of potash mining and the construction of buildings, roads, and bridges. READ… Full Story
Baker Hughes: Canada gains 17 oil rigs for the week October 4, 2019 - Canada has added 17 rigs for the week ended Oct. 4, according to Baker Hughes data. While the jump puts the total number of rigs running at 144, the count is less than the 182 units drilling this week a… Full Story
MARKET WATCH: Crude oil benchmarks trade mixed, settle flat October 4, 2019 - Oil benchmark prices traded mixed on Oct. 3 with light, sweet crude oil prices declining on the New York market while Brent crude oil prices gained slightly in London. Overall, oil prices held fairly flat compared with Oct. 2 settlements.… Full Story
Federal agency announces “rust busters” competition October 3, 2019 - The United States Bureau of Reclamation, a federal agency under the U.S. Department of the Interior that oversees water resource management, recently launched “Rust Busters,” a new prize competition that solicits new, innovative, or cost-effective solutions for protecting steel structures… Full Story
MARKET WATCH: Crude oil benchmarks fall on higher US inventories October 3, 2019 - Light, sweet crude oil prices declined on the New York market by about $1/bbl on Oct. 2 after a US government report showed oil inventories, excluding the Strategic Petroleum Reserve, increased by 3.1 million bbl for the week ended Sept.… Full Story
Corrosion resistance of steel bars in concrete when mixed with aerobic microorganisms September 26, 2019 - Dissolved oxygen in pore solution is often a controlling factor determining the rate of the corrosion process of steel bars in concrete. This study reports on the corrosion resistance and polarization properties of steel bars in a mortar specimen mixed… Full Story
Morristown bridge closed after report of severe structural corrosion September 26, 2019 - The Northumberland Street bridge that spans Morristown Bay has been closed by the St. Lawrence County Department of Highways. State inspectors informed the Department of Highways that an inspection revealed severe corrosion of the steel bridge pilings and issued a… Full Story
EIA: US crude inventories up 2.4 million bbl September 25, 2019 - US crude oil inventories for the week ended Sept. 20, excluding the Strategic Petroleum Reserve, increased 2.4 million bbl from the previous week, according to data from the US Energy Information Administration. Continue Reading » Full Story
NRG Energy Accelerates Carbon Reductions: Climate Week Update September 24, 2019 - NRG Energy Inc. accelerated its effort to eliminate carbon emissions from its power supplies by 2050 or offset any that remain, citing a “new climate imperative,” said Chief Executive Officer Mauricio Gutierrez. The Princeton, New Jersey-based power supplier expects to… Full Story
MARKET WATCH: Crude oil prices gain on uncertainty about Saudi oil supply September 24, 2019 - Light, sweet crude oil for November delivery rose moderately to settle above $58/bbl on the New York market Sept. 23 and Brent for November rose moderately in London to settle above $64/bbl as worries continue about Saudi oil supply. Continue… Full Story
MARKET WATCH: Oil benchmarks decline Sept. 20 but up for week September 23, 2019 - Brent crude for November delivery fell slightly to settle below $65/bbl on Sept. 20 compared with the week’s high settlement of above $69/bbl on Sept. 16 following attacks on Saudi Arabia’s Abqaiq crude oil processing complex and Khurais oil field.… Full Story
U.S. oil drillers cut rigs to lowest since May 2017 -Baker Hughes September 23, 2019 - U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to the lowest since May 2017, even as crude prices jumped more than 7% this week after an attack halved output… Full Story
Oil Set for Biggest Weekly Gain Since January After Saudi Attack September 20, 2019 - Oil edged lower on Friday but still posted the biggest weekly gain in months, days after an attack on a key Saudi Arabian facility roiled markets.Brent rose 6.7% this week, the largest weekly gain since January, while West Texas Intermediate… Full Story
Baker Hughes: US rig count tumbles 18 units to 868 September 20, 2019 - The US drilling rig count tumbled 18 units to reach 868 rigs working for the week ended Sept. 20. Oil rigs were down 14 to 719 rigs working for the week while rigs targeting natural gas fell 5 units to… Full Story
MARKET WATCH: Brent crude for November climbs above $64/bbl September 20, 2019 - Brent crude oil for November delivery climbed above $64/bbl Sept. 19 on the London market while light, sweet crude oil for November held above $58/bbl in New York. Continue Reading » Full Story
World’s Biggest Wind Turbines Coming to U.S. Waters, Care of GE September 19, 2019 - The tallest, most powerful wind turbines ever made are coming to U.S. waters care of General Electric Co. Denmark-based Orsted A/S plans to use 12-megawatt turbines made by GE for projects off the coast of Maryland and New Jersey, according… Full Story
Corrosion Management for Pipeline Integrity: Part 2 September 19, 2019 - Three experts in oil and gas pipeline corrosion management explain the value of corrosion management systems, how they work, and what programs and platforms are available to help organizations improve their performance. READ MORE Full Story
MARKET WATCH: Oil price benchmarks drop on Saudi reassurances September 19, 2019 - Crude oil benchmark prices fell about $1/bbl Sept. 18 in New York and London after Saudi Energy Minister Prince Abdulaziz bin Salman Arabia said he expects full oil production will be restored following damage inflicted by an unmanned aircraft attack.… Full Story
US should address gas pipeline decision-making delays, IEA recommends September 16, 2019 - The US should evaluate the allocation of decision-making authority for the permitting and siting of gas pipelines to find possible ways to shorten lead times and reduce uncertainty for investors, the IEA recommended in its latest 5-year US energy review.… Full Story
Attacks in Saudi Arabia rock oil market September 16, 2019 - The loss of 5.7 million b/d of Saudi crude oil production to airborne incursion on Sept. 14 shoved the oil market into panicky adjustment and raised worry about retaliation in an always-tense region. In a statement, Saudi Aramco attributed the… Full Story
Baker Hughes: US rig count falls 12 units to 886 September 13, 2019 - The US drilling rig count dropped 12 units to reach 886 rigs working for the week ended Sept. 13. The count is down 169 units from the 1,055 rigs working this time a year ago, according to Baker Hughes data.… Full Story
MARKET WATCH: NYMEX, Brent crude benchmarks turn lower September 13, 2019 - Light, sweet crude oil for October fell by 66¢ to settle just above $55/bbl on Sept. 12 while Brent for November dropped 43¢ to settle under $61/bbl. Continue Reading » Full Story
Epoxy-coated rebar bridge decks outperform mixed rebar decks September 5, 2019 - Bridge decks reinforced with one layer of epoxy-coated rebar and a bottom layer of uncoated steel rebar show corrosion damage sooner than decks constructed with all epoxy-coated rebar. Inspection methods should be enhanced to add a rating for cracking density… Full Story
MARKET WATCH: Crude oil benchmarks rebound more than $2/bbl September 5, 2019 - Benchmark oil prices on the New York and London market each rebounded by more than $2/bbl in continuing oil-price volatility on slowing economies, US-China trade relations, and geopolitical uncertainty in Hong Kong. Continue Reading » Full Story
Nebraska Supreme Court backs state-approved Keystone XL route August 26, 2019 - The Nebraska Supreme Court ruled that a route approved by the state’s Public Service Commission for the proposed Keystone XL crude oil pipeline across the state is in the public interest. The Aug. 23 decision backing the Mainline Alternative Route,… Full Story