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Baker Hughes: International rig count rises 6 in January February 16, 2018 - The international rig count increased by 6 units month-over-month to 960 in January from the 954 rigs counted in December 2017, and up 27 from the 933 counted a year ago, according to Baker Hughes data. Continue Reading »
MARKET WATCH: NYMEX crude keep momentum, settles above $61/bbl February 16, 2018 - Light, sweet crude futures rose for a second consecutive day Feb. 15, settling above $61/bbl. Oil prices on the New York market reversed direction Feb. 14-15 after falling more than 10% for 2 weeks on volatile world equity markets and Full Story
Board OKs petitions for voting, clean energy ballot drives February 14, 2018 - Groups wanting to expand access to voting and boost Michigan's renewable energy requirement have seen the form of their ballot initiatives approved by the state elections board. Board OKs petitions for voting, clean energy ballot drives
MARKET WATCH: NYMEX crude dips pending official US inventory report February 14, 2018 - Light, sweet crude futures fell slightly Feb. 13 on the New York Mercantile Exchange to remain above $59/bbl while Brent crude oil gained but remained under $63/bbl in London. Continue Reading »
Oklahoma pulling up red carpet offered to wind industry February 13, 2018 - As Oklahoma sought to diversify its oil-and-gas powered economy in the early 2000s, policymakers rolled out the red carpet for the burgeoning wind industry, offering generous state tax incentives and access to windy, inexpensive tracts of land. Oklahoma pulling up Full Story
MARKET WATCH: Crude oil benchmarks fall after IEA forecasts US oil production growth February 13, 2018 - Light, sweet crude futures gained slightly Feb. 12 to hover around $59/bbl on the New York Mercantile Exchange while Brent crude oil for April delivery fell slightly to remain under $63/bbl on the London market. Continue Reading »
Baker Hughes: International rig count rises 6 in January February 12, 2018 - The international rig count increased by 6 units month-over-month to 960 in January from the 954 rigs counted in December 2017, and up 27 from the 933 counted a year ago, according to Baker Hughes data Continue Reading »
MARKET WATCH: Brent ends week under $63/bbl, NYMEX under $60/bbl February 12, 2018 - Light, sweet crude futures for both March and April fell $1.95 on the New York Mercantile Exchange Feb. 9 to settle under $60/bbl while Brent crude oil for April delivery fell slightly more than $2—its biggest single-day drop since July—to Full Story
ExxonMobil adds 2.7 billion barrels to reserves February 9, 2018 - ExxonMobil's proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57 percent of the reserves, up from 53 percent in 2016. ExxonMobil’s reserves life at current production rates is 14 years. ExxonMobil adds 2.7 billion barrels to Full Story
Baker Hughes: US rig count jumps 29 units from last week February 9, 2018 - Reversing last week’s 1-unit loss, the US drilling rig count jumped 29 units to 975 rigs working during the week ended Feb. 9, data from Baker Hughes indicate. This total is up 234 units from a year ago. Continue Reading Full Story
EIA STEO: US crude oil production to average 10.6 million b/d in 2018 February 8, 2018 - In its latest Short-Term Energy Outlook, the US Energy Information Administration forecasts US crude oil production to average 10.6 million b/d in 2018 and 11.2 million b/d in 2019, both of which are 300,000 b/d higher than forecast in the Full Story
MARKET WATCH: Brent settles under $66/bbl, NYMEX under $62/bbl February 8, 2018 - Light, sweet crude oil prices for March delivery dropped by more than $1 to settle under $62/bbl on Feb. 7 on the New York market while Brent crude oil for April delivery also dropped by more than $1 to settle Full Story
MARKET WATCH: NYMEX crude oil settles under $63.40/bbl February 7, 2018 - Light, sweet crude oil prices for March delivery settled lower for a third consecutive day on the New York market Feb. 6 after global equity markets plummeted on Feb. 5, with the Dow Jones Industrial Average dropping 1,175 points—its biggest Full Story
Group marches in support of keeping Navajo coal plant open February 7, 2018 - The Navajo Generating Station in Page is set to close at the end of 2019 unless a new owner can be found. It's considered a long-shot, but the company that owns the supply mine is trying. Group marches in support Full Story
NACE International: Cathodic protection in the water utility industry February 5, 2018 - Cathodic protection has been a recognized technology for buried metallic pipelines, but hasn’t been widely used in the water industry. READ MORE
MARKET WATCH: NYMEX oil price falls on strengthening US dollar February 5, 2018 - Light, sweet crude oil prices declined modestly Feb. 2 on the New York market as the US dollar strengthened. Oil trades are based in US dollars so a stronger dollar makes oil more expensive for buyers using other currencies. Continue Full Story
Baker Hughes: US rig count slips 1 unit from last week February 2, 2018 - The US drilling rig count lost 1 unit to 946 rigs working during the week ended Feb. 2, reversing 2 weeks of gains, data from Baker Hughes indicate. This total is up 217 units from a year ago. Continue Reading Full Story
EDF Renewable Energy announces commercial operation at Red Pine Wind Project February 2, 2018 - Red Pine interconnects to Northern States Power’s Hawks Nest Lake Substation and generates enough clean wind energy to meet the consumption of 92,000 average Minnesota homes, according to U.S. EIA. EDF Renewable Energy announces commercial operation at Red Pine Wind Full Story
MARKET WATCH: NYMEX oil prices settle back above $65/bbl February 2, 2018 - Light, sweet crude oil for March delivery on the New York market gained more than $1 on Feb. 1 to settle at $65.80/bbl. Meanwhile, some investment bankers have increased their 2018 oil price forecasts. Continue Reading »
Smokestack demolition knocks out power in Terre Haute January 30, 2018 - Nearly 4,000 homes and businesses lost electricity in Terre Haute after the implosion of a 500-foot smokestack damaged equipment at a closed Duke Energy power plant. Smokestack demolition knocks out power in Terre Haute
MARKET WATCH: NYMEX oil dips on strengthening US dollar January 30, 2018 - Light, sweet crude oil for March delivery on the New York market fell slightly to settle below $66/bbl on Jan. 29 due in part to a strengthening dollar and continued US crude output increases. Continue Reading »
MARKET WATCH: NYMEX oil reaches above $66/bbl January 29, 2018 - Light, sweet crude oil for March delivery on the New York market gained modestly to settle above $66/bbl on Jan. 26 but retreated in early Jan. 29 trading as market participants considered a climbing US rig count. Continue Reading »
Texas adds 13 rigs as U.S. rig count rises to 947 January 29, 2018 - The number of rigs exploring for oil and natural gas in the U.S. rose by 11 this week to 947. That exceeds the 712 rigs that were active this time a year ago. Leave a comment below the article and Full Story
MARKET WATCH: NYMEX oil holds above $65/bbl, Brent above $70/bbl January 26, 2018 - Light, sweet crude oil for March delivery declined slightly but still settled above $65.50/bbl on the New York market, supported by confusion about varying statements from US President Donald Trump and his administration about the US dollar’s value. Continue Reading Full Story
Baker Hughes: US rig count up 11 units from last week January 26, 2018 - The US drilling rig count gained 11 units to 947 rigs working during the week ended Jan. 26, data from Baker Hughes indicate. This total is up 228 units from a year ago. Continue Reading »
MARKET WATCH: NYMEX crude oil settles above $65/bbl January 25, 2018 - Light, sweet crude oil prices rose by more than $1 on the New York Mercantile Exchange to settle above $65/bbl, maintaining an early 2018 trend for the highest oil prices since 2014. US oil inventories fell last week, surprising some Full Story
Testing shows elevated lead levels in Pittsburgh water January 25, 2018 - Lead levels in Pittsburgh’s drinking water are back above the Environmental Protection Agency’s action level of 15 parts per billion. The Pittsburgh Water and Sewer Authority announced Jan. 22 that the latest round of compliance testing showed levels at 21 Full Story
Kinder Morgan begins operation of the Utopia Pipeline system January 25, 2018 - Kinder Morgan, Inc. (NYSE: KMI) is pleased to announce the Utopia Pipeline has been placed into service, and product delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada, has commenced operation Kinder Morgan begins operation of the Utopia Full Story
MARKET WATCH: Crude oil prices gain pending US inventory report January 24, 2018 - Light, sweet crude oil prices rose Jan. 23 with the March contract closing at a 3-year high of $64.47/bbl on the New York Mercantile Exchange. It was the highest front-month settlement since Dec. 5, 2014. Continue Reading »
MARKET WATCH: Crude oil benchmarks gain on IMF economic forecast January 23, 2018 - Crude oil prices rose on the New York and London markets Jan. 22 after the International Monetary Fund increased its world economic growth forecast saying the economy could grow by 3.9%/year in 2018 and 2019, up 0.2% from its previous Full Story
Oil drilling rig explosion in Oklahoma, 5 people missing January 23, 2018 - Officials at the press conference were not sure exactly what the rig was drilling for when it exploded - though it was speculated to be natural gas. No cause for the explosion has been determined. Oil drilling rig explosion in Full Story
Brazos Midstream lets contract for Delaware basin gas plant January 23, 2018 - Brazos Midstream Holdings LLC, Fort Worth, has let a contract to a division of Honeywell UOP LLC to deliver a third cryogenic natural gas processing plant to extract NGLs from gas produced in the southern Delaware basin. Continue Reading »
Baker Hughes: US rig count falls 3 units from last week January 19, 2018 - The US drilling rig count fell 3 units to 936 rigs working during the week ended Jan. 19, data from Baker Hughes indicate. This total is up 242 units from a year ago. Continue Reading »
Developer says it’s moving forward with Keystone XL pipeline January 19, 2018 - TransCanada said that it will proceed with its plans to build the Keystone KL pipeline according to an alternative route approved by Nebraska authorities and that it hopes to begin construction next year. Developer says it's moving forward with Keystone Full Story
MARKET WATCH: NYMEX crude settles at $63.95/bbl after volatile trading January 19, 2018 - Light, sweet crude oil for February delivery fell slightly on the New York market after swinging between a high of $64.35/bbl and a low of $63.47/bbl during the Jan. 18 trading session. Brent edged down a few cents, settling above Full Story
EIA: US crude inventories decline, gasoline stockpiles rise January 18, 2018 - US commercial crude inventories, excluding those in the Strategic Petroleum Reserve, declined 6.9 million bbl during the week ended Jan. 12 compared with the previous week’s total, the US Energy Information Administration said in its Weekly Petroleum Status Report. Continue Full Story
MARKET WATCH: Crude oil benchmarks hold steady pending OPEC, EIA reports January 18, 2018 - Crude oil benchmarks gained modestly on the New York and London markets Jan. 17 on news of possible world oil supply risks due to political uncertainty. Analysts said crude prices held steady pending release of a monthly report from OPEC. Full Story
MARKET WATCH: NYMEX crude oil holds above $63/bbl January 17, 2018 - The February light, sweet crude oil price dropped moderately on the New York market Jan. 16 but still settled above $63.70/bbl while the March Brent crude oil price dropped more than $1 on the London market. Oil prices have gained Full Story
Shell acquires interest in solar company January 17, 2018 - Silicon Ranch Corporation, a leading U.S. developer, owner, and operator of solar energy plants, has signed an agreement to make Shell its largest shareholder. Subject to regulatory approvals, the transaction is expected to close in Q1 2018. Shell acquires interest Full Story
Company, Idaho regulators at odds over battery storage plan January 16, 2018 - Franklin Energy is seeking to build a $200 million lithium-ion battery storage facility in Twin Falls County. It contends the project, under federal law, qualifies for a 20-year contract with Idaho Power. Company, Idaho regulators at odds over battery storage Full Story
MARKET WATCH: Brent crude oil settles above $70/bbl January 16, 2018 - Brent crude oil for March delivery settled above $70/bbl on the London market Jan. 15 for the first time since December 2014. Analysts attributed rising oil prices in a weakening US dollar. US futures markets were closed Jan. 15 for Full Story
Producers encouraged by climb in Oklahoma oil prices January 15, 2018 - Oklahoma sweet crude closed Thursday at $60.25 a barrel having some Oklahoma oil producers say a rebound in oil prices will allow companies to consider adding new workers. Producers encouraged by climb in Oklahoma oil prices
Baker Hughes: Global rig count rises 32 in December January 15, 2018 - The global count of active drilling rigs increased by 32 month-over-month in December 2017 to average 2,089, according to Baker Hughes data. The count is up 317 compared with the December 2016 average. Continue Reading »
MARKET WATCH: Brent price reaches briefly above $70/bbl January 15, 2018 - Brent crude oil for March delivery traded as high as $70.05/bbl on the London market Jan. 12 before retreating to settle at about $69.90/bbl while light, sweet crude prices in New York settled just above $64/bbl. US crude oil future Full Story
Baker Hughes: US rig count reverses decline with 15-unit gain January 12, 2018 - Reversing last week’s decline, the US drilling rig count rose 15 units to 939 rigs working during the week ended Jan. 12, data from Baker Hughes indicate. This total is up 280 units from a year ago. Offshore this week Full Story
New power line for northeastern Missouri approved January 12, 2018 - The 100-mile Mark Twain Transmission Project will run from Palmyra to Kirksville in Missouri as part of a path from Iowa to Indiana. New power line for northeastern Missouri approved
MARKET WATCH: Crude-price rally continues after US crude inventory drop January 12, 2018 - US light, sweet crude oil and natural gas futures both traded higher on the New York market Jan. 11 after the US Energy Information Administration reported weekly drops in both crude oil supplies and underground gas storage levels. Hans van Full Story
MARKET WATCH: NYMEX, Brent oil prices strengthening January 11, 2018 - Light, sweet crude prices approached 3-year highs on Jan. 10 pending a US decision on whether to extend temporary waivers on sanctions against Iran. Oil prices rose in early Jan. 11 trading on the New York market. US President Donald Full Story
What would it take to fix America’s crumbling infrastructure? January 11, 2018 - The White House has signaled that infrastructure is a top priority this year. Last month, President Donald Trump tweeted that the issue was a “perfect place” to find bipartisan consensus. But passing an expensive infrastructure package could be a challenge. Full Story
Future decided for Hanford, Washington, radioactive waste tank with leak January 10, 2018 - The oldest double-shell tank at Hanford will be permanently closed, the Department of Energy has told the Washington Department of Ecology. After emptying as much radioactive waste as possible from Tank AY-102 and inspecting one area of the bottom of Full Story
Study evaluates chloride limits for structural reinforced concrete January 10, 2018 - Research on chloride limits for reinforced concrete found a relationship between the initial calculated total chloride content and the measured water-soluble chloride content in hardened concrete. READ MORE
Proposed pipeline could move North Dakota natural gas January 10, 2018 - Oneok's 900-mile Elk Creek Pipeline would be able to transport up to 240,000 barrels per day of natural gas liquids from a terminal near Sidney, Montana, to Bushton, Kansas. Read the rest of the article to find out why CEO Full Story
MARKET WATCH: Oil prices rise pending US decision on Iran January 9, 2018 - Light, sweet crude prices rose modestly Jan. 8 but settled for a second consecutive day below $62/bbl on the New York market while market participants await a decision on possible US sanctions against Iran. US President Donald Trump on Jan. Full Story
Fluor completes major transmission lines in Puerto Rico January 9, 2018 - The completion allows the Puerto Rico Electric Power Authority to re-energize lines in a major urban center that will carry electricity to large neighborhoods, churches, pharmacies, a retirement home and The Outlet Mall 66 in Canóvanas. Fluor completes major transmission Full Story
MARKET WATCH: NYMEX crude drops below $62/bbl January 8, 2018 - Light, sweet crude prices dropped modestly to settle below $62/bbl on the New York market Jan. 5, but US crude futures still gained for the week for a third consecutive week. Prices had climbed to near 3-year highs on Jan. Full Story
Utilities expect to reduce rates after tax law change January 8, 2018 - Utility providers BGE, Pepco and Delmarva Power said Friday they will file requests with the Maryland Public Service Commission to reduce their utility rates. Utilities expect to reduce rates after tax law change
All Bronze Age iron came from space, new study shows January 8, 2018 - From the files of "Imagine that..."   Despite the name, there was iron in the Bronze Age. It was just extremely rare. Most famously, the pharaoh Tutankhamun had a headrest, bracelet and dagger made of iron. Other iron artifacts from the Full Story
MARKET WATCH: Brent crude for March settles above $68/bbl January 5, 2018 - Brent crude oil prices reached a 3-year high on the London market Jan. 4, which analysts attributed to declining US crude supplies and possible risk to world oil supplies caused by protests in Iran. Brent reached a trading session high Full Story
Route being finalized for $4.5B Oklahoma wind farm project January 5, 2018 - The project would bring 2,000 megawatts of energy to customers in eastern and southwestern Oklahoma, and parts of Texas, Arkansas and Louisiana. Route being finalized for $4.5B Oklahoma wind farm project
Pennsylvania shuts down construction on Sunoco gas pipeline January 5, 2018 - Pennsylvania environmental officials have ordered Sunoco to halt construction of a natural gas pipeline across the southern part of the state, citing a series of spills and other "egregious and willful violations" of state law. Pennsylvania shuts down construction on Full Story
Higher energy costs accompany bitter cold snap in US January 2, 2018 - Plunging temperatures across half the country on Thursday underscored a stark reality for low-income Americans who rely on heating aid: Their dollars aren't going to go as far this winter because of rising energy costs. Higher energy costs accompany bitter Full Story
MARKET WATCH: Explosion in Libya sends oil prices to 2-year highs January 2, 2018 - Light, sweet crude oil on the New York market and Brent on the London market settled at 2-year highs Dec. 26 after news reports of a pipeline explosion in Libya. The US crude oil contract for February settled at nearly Full Story
Nebraska PSC denies TransCanada Keystone XL reconsideration petition December 28, 2017 - The Nebraska Public Service Commission unanimously denied TransCanada Corp.’s petition for reconsideration of the PSC’s earlier approval of a mainline alternative for the proposed Keystone XL crude oil pipeline through the Cornhusker State. Continue Reading »
ACE New Orleans District issues permit to Bayou Bridge Pipeline December 28, 2017 - The US Army Corps of Engineers’ New Orleans District issued a permit to Bayou Bridge Pipeline LLC to construct a 162-mile underground extension of an existing crude oil pipeline from Lake Charles, La., to the St. James marine terminal hub. Full Story
Troubled $25 billion nuclear project gets OK to continue December 22, 2017 - Georgia's utility regulators are allowing construction to continue on two new nuclear reactors, despite massive cost overruns for the multibillion-dollar project. Troubled $25 billion nuclear project gets OK to continue
West Virginia bridge collapse prompted inspection mandate December 21, 2017 - Truck driver Bill Needham braced for death at the bottom of the Ohio River after a bridge collapse in West Virginia 50 years ago sent his rig and dozens of other vehicles into the frigid waters. A crucial joint in Full Story
Shutdown starts for coal-fired plant serving US southwest December 21, 2017 - The partial shutdown is part of an agreement with state and federal regulators and other stakeholders to reduce haze-causing pollution in the Four Corners region, where New Mexico, Arizona, Colorado and Utah meet. Shutdown starts for coal-fired plant serving US Full Story
EPA moves toward updating lead water pipe standards December 21, 2017 - The Trump administration is moving forward on potentially updating the 26-year-old standards meant to keep lead out of drinking water. Environmental Protection Agency (EPA) head Scott Pruitt reached out to groups representing states and municipalities in a Dec. 14 letter, Full Story
WGL Energy, Susquehanna University develop 14-acre solar array December 20, 2017 - Susquehanna University has entered into an agreement with WGL Energy to develop a 3.9 MW DC (3 AC MW) ground-mounted solar array that will supply 30 percent of the university’s electricity needs. The facility is expected to be completed by Full Story
Nebraska PSC denies TransCanada Keystone XL reconsideration petition December 19, 2017 - The Nebraska Public Service Commission unanimously denied TransCanada Corp.’s petition for reconsideration of the PSC’s earlier approval of a mainline alternative for the proposed Keystone XL crude oil pipeline through the Cornhusker State. Continue Reading »
MARKET WATCH: NYMEX crude price drops, Brent price gains December 19, 2017 - Oil prices fell on the New York market Dec. 18 but rose modestly in London. Analysts attributed the light, sweet crude price drop to news that a planned oil workers strike in Nigeria was called off. US light, sweet crude Full Story
Tax bill boosts oil, gas drilling and renewable energy December 19, 2017 - An agreement by House and Senate negotiators would open Alaska's Arctic National Wildlife Refuge to drilling, while preserving tax credits for wind power and other clean energy. The bill also would extend a tax credit of up to $7,500 for Full Story
EDF Renwable Energy and Kimberly-Clark announce commercial operation at Rock Falls Wind Project December 18, 2017 - Rock Falls Wind Project, located in Kay and Grant Counties in northern Oklahoma, consists of wind turbines and various components manufactured in the USA. The project has created more than 150 jobs since start of construction in July 2017 EDF Full Story
ACE New Orleans District issues permit to Bayou Bridge Pipeline December 18, 2017 - The US Army Corps of Engineers’ New Orleans District issued a permit to Bayou Bridge Pipeline LLC to construct a 162-mile underground extension of an existing crude oil pipeline from Lake Charles, La., to the St. James marine terminal hub. Full Story
MARKET WATCH: NYMEX crude ends week at $57.30/bbl December 18, 2017 - Oil prices rose modestly on the New York market Dec. 15 and continued mildly higher in early Dec. 18 trading on a slight decline in the number of US drilling rigs working. The US rig count fell by 1 unit Full Story
MARKET WATCH: North Sea pipeline outage supports crude prices December 15, 2017 - Oil prices rose modestly on the New York market Dec. 14, which analysts attributed to a pipeline outage in the North Sea, noting that price gains appear to be capped by recent production forecasts. The time frame for a restart Full Story
Baker Hughes: US rig count falls 1 unit to 930 December 15, 2017 - The US drilling rig count fell by 1 unit gain to 930 rigs working during the week ended Dec. 15, data from Baker Hughes indicate. This total is up 293 units from a year ago. Offshore this week fell by Full Story
Japan court orders shutdown of nuclear reactor near volcano December 14, 2017 - A court ruled that a nuclear reactor in southwestern Japan should not operate because it is too close to an active volcano and could be affected by a major eruption. Japan court orders shutdown of nuclear reactor near volcano
MARKET WATCH: Brent, NYMEX crude prices drop December 14, 2017 - Oil prices settled lower Dec. 13 on markets in New York and London but held steady on Dec. 14 after the International Energy Agency said US supply is growing faster than expected. IEA’s forecast came after the US Energy Information Full Story
Oasis Petroleum expands into Delaware basin with $946-million acquisition December 14, 2017 - Oasis Petroleum Inc., Houston, will expand its operations into the Delaware basin through the acquisition of assets from Forge Energy LLC for $946 million. The deal, which includes a $483-million cash payment and 46 million shares of common stock, is Full Story
CORROSION 2018 — the most anticipated corrosion conference and expo in the industry. December 12, 2017 - Join your colleagues in Phoenix, Arizona, USA, for a week of inspiring key-notes, best practices, and emerging trends. This is an opportunity for great networking, with 400+ exhibiting companies, full of products and services you'll want to see. CORROSION 2018
MARKET WATCH: Brent crude settles above $64/bbl on Forties fracture December 12, 2017 - Light, sweet crude oil gained on Dec. 12, settling just under $58/bbl on the New York market while Brent crude oil jumped more than a $1 for a second consecutive day to settle well above $64/bbl. Brent settled at its Full Story
Fermi 2 nuclear power plant back to full power after repair December 11, 2017 - Officials say the Fermi 2 nuclear power plant in southeastern Michigan has returned to full power after operating at a reduced level for repairs to a pump. Fermi 2 nuclear power plant back to full power after repair
Moody’s: Oil, gas industry to continue recovery in 2018 December 11, 2017 - The oil and gas industry will continue its slow recovery as upstream companies increase production, helping the midstream and services businesses as well, according to Moody’s 2018 outlook. Excess supply will continue to dampen oil prices in the coming year. Full Story
MARKET WATCH: NYMEX, Brent oil prices end week with a rebound December 11, 2017 - Light, sweet crude oil rebounded on the New York and London markets on Dec. 8, the day after US oil futures dropped to a 3-week low on a weekly government report that showed rising US crude production. Continue Reading »
MARKET WATCH: US, Brent oil prices rise on geopolitical tensions December 8, 2017 - Brent crude oil for February delivery gained nearly $1 to settle above $62/bbl on the London market Dec. 7. The benchmark continued gaining on Dec. 8. Analysts credited both Brent and US benchmark oil price support to the release of Full Story
Pipeline explodes in southeastern New Mexico oil patch December 8, 2017 - The pipeline that exploded early Wednesday morning is in a sparsely populated area about 10 miles (16 kilometers) south of Carlsbad and is believed to be used for natural gas. Pipeline explodes in southeastern New Mexico oil patch
Baker Hughes: US rig count ticks up 2 units to 931 December 8, 2017 - The US drilling rig count climbed for the fifth straight week with a 2-unit gain to 931 rigs working during the week ended Dec. 8, data from Baker Hughes indicate. The pair of rigs are both oil-targeted, bringing the total Full Story
EIA: US crude oil inventory fell by 5.6 million bbl December 6, 2017 - US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 5.6 million bbl for the week ended Dec. 1 compared with the previous week. The latest estimate is 448.1 million bbl, which puts oil supplies in the upper Full Story
Developer abandons plans for long-stalled Cape Cod wind farm December 6, 2017 - Cape Wind Associates notified the federal Bureau of Ocean Energy Management this week that it has ceased operations and was surrendering its federal lease for 46 square miles (119 square kilometers) in Nantucket Sound. Developer abandons plans for long-stalled Cape Full Story
MARKET WATCH: Brent crude oil drops below $63/bbl December 6, 2017 - The light, sweet crude oil contract for January delivery fell nearly 90¢ but held above $57/bbl on the New York market Dec. 4 while Brent crude oil for February fell more than $1, setting below $63/bbl—its biggest single-day decline since Full Story
The oilfield meets the sun at California’s largest solar energy project December 1, 2017 - Located at the Belridge oilfield west of Bakersfield, the integrated solar project will be the first of its kind in the world to use solar steam and solar electricity to power oilfield operations, efficiently reducing the field’s carbon emissions. The Full Story
Baker Hughes: US rig count climbs 6 units to 929 December 1, 2017 - The US rig count climbed for the fourth straight week with a 6-unit gain to 929 rigs working during the week ended Dec. 1, data from Baker Hughes indicate. Gas-directed rigs were up 4 units from a week ago to Full Story
TransCanada to run inspection device through Keystone pipeline December 1, 2017 - TransCanada says it will run an inspection device through its Keystone oil pipeline to make sure there aren't segments of pipe with similar characteristics to a section that ruptured in South Dakota. TransCanada to run inspection device through Keystone pipeline
MARKET WATCH: NYMEX oil holds above $57/bbl before OPEC meeting November 30, 2017 - The light, sweet crude oil contract for January delivery settled above $57/bbl Nov. 29, dropping modestly before OPEC members met Nov. 30 in Vienna. Brent crude oil for January also fell but still settled above $63/bbl. OPEC and non-OPEC producers Full Story
Nebraska PSC approves Keystone XL’s mainline alternative route November 29, 2017 - Nebraska’s Public Service Commission approved the proposed Keystone XL crude oil pipeline’s Mainline Alternative Route in a 3-2 vote. The new route maximizes co-location of the new system with the existing Keystone pipeline while having potential impacts on fewer miles Full Story
MARKET WATCH: NYMEX, Brent crude trade flat ahead of OPEC meeting November 29, 2017 - The light, sweet crude oil contract for January delivery declined slightly to settle just under $58/bbl Nov. 28 on the New York market while Brent crude oil for January also fell but still settled above $63/bbl. OPEC meets in Vienna Full Story
MARKET WATCH: NYMEX January crude holds above $58/bbl November 28, 2017 - The light, sweet crude oil contract for January delivery fell more than 80¢ but still settled above $58/bbl Nov. 27 on the New York market while Brent crude oil for January fell slightly but closed above $63/bbl. Ole Hansen, head Full Story
Texas ranks highest in oil and gas allure November 28, 2017 - Texas tops a list of 97 jurisdictions ranked by oil and gas executives for investment allure in an annual survey by the conservative Fraser Institute of Canada. Venezuela ranked last in the survey, which had 333 respondents. Continue Reading »
Baker Hughes: US rig count climbs another 8 units to 923 November 28, 2017 - The US rig count climbed again during a shortened week last week with an 8-unit climb to 923 rigs working during the week ended Nov. 22, data from Baker Hughes indicate. Rigs targeting oil in the US gained 9 units Full Story