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2025 YEAR in REVIEW February 11, 2026 - 2025, a truly challenging year is behind us and 2026 is moving forward with the same pace and variety of opportunities. ELK realized as early as 2019 the potential and overall growth factor for North Texas. We have not been… Full Story
Rollercoaster week for oil prices ends with a surprise November 24, 2025 - Oil prices started the week off higher but faltered as a result of continuing concerns over a glut in the near-term and the first refined product storage gains in several weeks but despite a draw in crude inventories. Read More Full Story
US begins process to reopen leasing in Alaska’s National Petroleum Reserve October 21, 2025 - Instead of the 13.3 million acres available for leasing after a 2024 Biden administration ban, the Trump administration will allow companies to offer from 18.58-million acres, or over 80% of the reserve’s acreage. Read More Full Story
Phillips 66, Kinder Morgan propose refined products pipeline to US West Coast October 21, 2025 - The Western Gateway Pipeline would connect Midwest refinery supply to Phoenix and California, with connectivity to Las Vegas, Nevada via Kinder Morgan’s CALNEV Pipeline Read More Full Story
US Oil and Gas Rig Counts Rises to Highest Since June, Says Baker Hughes September 29, 2025 - U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and… Full Story
Sempra advances Port Arthur LNG Phase 2 with FID, $14 billion investment September 29, 2025 - Phase 2 includes two natural gas liquefaction trains, one LNG storage tank, and associated infrastructure with a combined nameplate capacity of about 13 million tpy. Read More Full Story
S&P Global: Canadian oil sands production expected to reach all-time highs this year June 25, 2025 - The projection anticipates production will rise to over 3.9 million b/d by 2030, which is half a million b/d higher than 2024. Notably, the 2030 forecast has been revised upwards by 100,000 b/d, or nearly 3%, compared with the previous… Full Story
What is the Strait of Hormuz and Why is it so Important for Oil? June 25, 2025 - The strait lies between Oman and Iran and links the Gulf north of it with the Gulf of Oman to the south and the Arabian Sea beyond. It is 21 miles (33 km) wide at its narrowest point, with the… Full Story
US Crude Inventories Fall by Most in a Year, Fuel Stocks Build, EIA Says June 25, 2025 - U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 11.5 million barrels to 420.9 million barrels in… Full Story
Oil Price Surge Sparks Burst of Hedging Among Shale Drillers June 19, 2025 - The surge in oil futures spurred by the initial missile attacks in the Middle East last week triggered a wave of hedging by producers seeking to lock in the higher prices, keeping some traders up late into the night. Oil… Full Story
EIA: US crude inventories down 11.5 million bbl June 19, 2025 - At 420.9 million bbl, US crude oil inventories are about 10% below the 5-year average for this time of year, the EIA report indicated. Read More Full Story
Oil Prices Headed for Rebound This Week as US-China Trade Talks Resume June 6, 2025 - Oil prices steadied on Friday and were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world’s two largest… Full Story
EIA: Stable oil, natural gas production from US Gulf of Mexico expected through 2026 June 6, 2025 - The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in 2026. Read More Full Story
Trump’s Energy Department Unveils Broad Rule Changes Aimed at Cutting Red Tape May 15, 2025 - he U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump’s efforts to relax federal rules and gut diversity initiatives. The moves will save U.S. taxpayers… Full Story
The function of sulfate-reducing bacteria in iron pipe corrosion and iopamidol transformation May 15, 2025 - Sulfate-reducing bacteria (SRB) are a major factor in the chemical and biological processes that cause iron pipes to inevitably corrode after prolonged use. The transformation of micropollutants in pipe networks will be impacted by the corrosion products produced. Using iopamidol… Full Story
Energy Transfer targets end-2025 FID on Lake Charles LNG plant May 13, 2025 - The company last month signed an HoA with MidOcean Energy LLC to jointly develop the project. It also agreed to sell a Japanese utility 1 million tpy of offtake and signed an HoA with a German utility for offtake of… Full Story
North American rig count falls as oil drilling slows in the US and Canada May 13, 2025 - North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline. Read More Full Story
US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary May 1, 2025 - U.S. liquefied natural gas supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw. The United States is the world’s largest exporter of LNG and has played a… Full Story
EIA estimates 2.7 million-bbl drop in US crude stockpiles May 1, 2025 - The agency’s latest weekly Petroleum Status Report notes that crude inventories are about 6% below the 5-year average for this time of year. Read More Full Story
Oil Set for Weekly Rise on New Iran Sanctions April 17, 2025 - Oil prices rose to the highest in two weeks on Thursday after the United States imposed new sanctions to curb Iranian oil exports, elevating supply concerns. Brent crude futures rose 47 cents, or 0.71%, to $66.32 a barrel by 1116… Full Story
Asian Countries Look to Buy More US Energy to Offset Trade Imbalance April 17, 2025 - Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade surplus with Washington in hopes of easing their tariff burdens under President Donald Trump’s sweeping new import duties. Many Asian countries run… Full Story
Oil Rises on Tariff Exemptions and Rebound in Chinese Imports April 14, 2025 - Oil prices rose more than 1% on Monday after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March, but gains were capped by concerns that the trade war between the United States… Full Story
BP Makes New Oil Discovery Off US Gulf Coast April 14, 2025 - BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year. The exploration well… Full Story
Data center and emerging markets opportunities for natural gas and nuclear January 20, 2025 - The recent growth in U.S. electricity demand, combined with the power needs of emerging markets and data centers worldwide, creates new opportunities and challenges for providers. BOK Financial experts recently highlighted these and other key economic drivers at a Northeast… Full Story
2024/2025 – ELK Engineering January 20, 2025 - For ELK, 2024 was a year of unique challenges and exciting opportunities for our services in the Dallas - Fort Worth metro area. Whether the project involved a water treatment facility or the planned progress for the DFW Airport expansion… Full Story
What Will Be the Future of the Keystone XL Pipeline Under President Trump? November 19, 2024 - The Keystone XL Pipeline, proposed in 2008, was designed to transport Canadian crude oil from Alberta to refineries in the United States, specifically to Steele City, Nebraska, and onward to refineries in Illinois and Texas, as well as to an… Full Story
Trump’s Energy Shakeup Will Spare Carbon Capture November 19, 2024 - The US president-elect’s pick to lead the Environmental Protection Agency has embraced CCS technology. US President-Elect Donald Trump is promising plenty of 180-degree pivots when it comes to energy. Yet one priority of the current administration is likely to stick. Carbon capture… Full Story
Wisconsin agency approves two permits for Enbridge’s Line 5 reroute project November 19, 2024 - Wisconsin’s Department of Natural Resource (DNR) Nov. 15 issued waterway and wetland permits for Enbridge’s 41-mile Line 5 oil pipeline reroute project, moving the contested project closer to construction. Read More Full Story
EIA: US crude inventories up 3.6 million bbl June 27, 2024 - US crude oil inventories for the week ended June 21 increased by 3.6 million bbl from the previous week, according to data from the US EIA. Read More Full Story
U.S. Energy Production Exceeds Consumption by Widest-Recorded Margin June 27, 2024 - U.S. energy production overshadowed consumption by 9 quadrillion British thermal units (quads) in 2023, according to an analysis released by the U.S. Energy Information Administration (EIA) on Wednesday that showed the widest margin in records dating back to 1949. Energy… Full Story
U.S. Restricts Drilling and Mining in Alaska Wilderness, Angering State Leaders April 21, 2024 - The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources. The measures are aligned… Full Story
TC Energy gets FERC approval for Northwest Xpress gas pipeline expansion April 21, 2024 - TC Energy Inc. has received US FERC authorization to begin work on its 150-MMcfd Gas Transmission Northwest (GTN) Xpress expansion project. Read More Full Story
US Natgas Flows Rise to Texas Freeport and Other LNG Export Plants, LSEG Data Shows April 21, 2024 - The amount of natural gas flowing to the seven U.S. liquefied natural gas (LNG) export plants, including Freeport LNG, was on track to jump by around 17% on Thursday from a 15-month low on Tuesday, data from financial firm LSEG… Full Story
U.S. Gas Rig Count Falls to Lowest Since January 2022 – Baker Hughes March 25, 2024 - U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The combined oil and gas rig count,… Full Story
EIA: US crude inventories up 5.5 million bbl March 12, 2024 - US crude oil inventories for the week ended Feb. 2, excluding the Strategic Petroleum Reserve, increased by 5.5 million bbl from the previous week, according to data from the US Energy Information Administration. Read More Full Story
U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks – Baker Hughes March 12, 2024 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday. The… Full Story
Retro-Fill Solution February 16, 2024 - ELK is pleased to announce the recent approval by a major electrical provider in South Texas for the exclusive use of Retro-Fill, the proprietary system developed by ELK Engineering. This system provides for the efficient, more environmentally friendly and economical… Full Story
EIA: US crude inventories up 5.5 million bbl February 16, 2024 - US crude oil inventories for the week ended Feb. 2, excluding the Strategic Petroleum Reserve, increased by 5.5 million bbl from the previous week, according to data from the US Energy Information Administration. Read More Full Story
North American rig count up 4 as US natural gas drillers add rigs February 16, 2024 - US drilling activity increased by 4 units to 623 rotary rigs working this week, down from 761 the same period a year ago, officials at Baker Hughes Inc. reported Friday. Read More Full Story
Retro-Fill January 8, 2024 - ELK is pleased to announce the recent approval by a major electrical provider in South Texas for the exclusive use of Retro-Fill, the proprietary system developed by ELK Engineering. This system provides for the efficient, more environmentally friendly and economical… Full Story
DFW Airport, 50th Year of Operation January 5, 2024 - Congratulations to DFW Airport on their 50th Anniversary Year of Operation! In February of 1999, ELK Engineering had its first opportunity to provide inspection services for the installation of a cathodic protection groundbed at the International Cargo Terminal. Over the… Full Story
ELK Announces Retro-Fill September 21, 2023 - Following years of development ELK Engineering introduces Retro-Fill. Retro-Fill is a proprietary method developed to allow the safe and environmentally friendly re-use of a previously installed deep or semi-deep groundbed installation. Reduces the type and amount of equipment needed, Eliminates… Full Story
Rig counts slip in US, jump in Canada July 19, 2023 - The weekly rotary rig count decreased by 5 in the US and rose by 12 in Canada, said Baker Hughes. Rig counts slip in US, jump in Canada Full Story
EIA: US crude inventories up 5.9 million bbl July 19, 2023 - US crude oil inventories for the week ended July 7, excluding the Strategic Petroleum Reserve, increased by 5.9 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 5.9 million… Full Story
VIDEO: Analysis of Lake Charles lightning-related tank fire – June 2023 July 5, 2023 - Lightning Electrotechnologies analyzed a video which seems to show the lightning strike that caused a June 3, 2023, tank fire at Calcasieu Refining's tank farm in Lake Charles, La. The tank contained naphtha. VIDEO: Analysis of Lake Charles lightning-related tank… Full Story
US drillers cut oil and gas rigs for ninth week in a row -Baker Hughes July 5, 2023 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a ninth week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed… Full Story
Renewables Growth Did Not Dent Fossil Fuel Dominance in 2022 June 27, 2023 - Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical Review of World Energy report said on Monday. Renewables Growth… Full Story
SM Energy hikes 2023 production guidance on South Texas gains June 27, 2023 - The company also has signed a deal for nearly 23,000 Texas acres and will add a rig in October. SM Energy hikes 2023 production guidance on South Texas gains Full Story
EIA: US crude inventories up 1.1 million bbl March 23, 2023 - US crude oil inventories for the week ended Mar. 17, excluding the Strategic Petroleum Reserve, increased by 1.1 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 1.1 million… Full Story
Texas Oil and Natural Gas Industry Sees Continued Jobs Growth March 23, 2023 - The Texas oil and natural gas industry continues to see significant jobs growth, according to the U.S. Bureau of Labor Statistics. State workforce data also points to a strong demand for a talented workforce in the industry. January 2023 revised… Full Story
U.S. drillers add the most gas rigs in a week since December 2018 March 20, 2023 - U.S. energy firms this week added the most natural gas rigs in a week in over four years, leading to a rise in the combined oil and gas rig count for the first time in five weeks, energy services firm… Full Story
ExxonMobil commissions Beaumont refinery expansion March 20, 2023 - ExxonMobil Corp. has started up its long-planned project to expand light crude oil processing capacity by 250,000 b/d at ExxonMobil Product Solutions Co.’s integrated refining and petrochemicals complex along the US Gulf Coast in Beaumont, Tex. ExxonMobil commissions Beaumont refinery… Full Story
Applied Corrosion Technology Incorporated (ACTi) February 21, 2023 - Applied Corrosion Technology Incorporated (ACTi) is a Majority Woman Owned (MWO) Texas Corporation engaged in the business of providing corrosion technology services. Among many corrosion control related services ACTi brings over 20 years of experience related to the installation and… Full Story
EIA: US crude inventories up 16.3 million bbl February 20, 2023 - US crude oil inventories for the week ended Feb. 10, excluding the Strategic Petroleum Reserve, increased by 16.3 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 16.3 million… Full Story
Baker Hughes: US, Canada rig counts drop slightly February 20, 2023 - The US dropped a rig for the week ended Feb. 17, according to Baker Hughes data. The decrease puts the total number of rigs running at 760, still 115 more than the 645 units drilling this week a year ago.… Full Story
U.S. to Sell 26 Million Barrels of Strategic Reserve Oil Mandated by Congress February 14, 2023 - The Biden administration said on Monday it is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve, a release that had been mandated by Congress in previous years. The sale will likely temporarily push the reserve below… Full Story
U.S. Oil & Gas Rig Count Falls by the Most in a Week Since June 2020 – Baker Hughes February 9, 2023 - U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas rig count,… Full Story
The World’s Largest Carbon Capture Plant Gets a Second Chance in Texas February 9, 2023 - Owners of the world’s largest carbon capture facility plan to restore operations at the $1 billion plant three years after it shut down, providing a test case for a nascent industry that experts believe is essential in achieving climate goals.JX… Full Story
Oil Production Picking up in Second-Largest U.S. Shale Field January 18, 2023 - NEW YORK, Jan 18 (Reuters) – Oil production in South Texas, home of the second largest U.S. shale field, is expected to rise as much as 4% this year, as higher prices spur more drilling and as U.S. crude exports… Full Story
Canada rig count posts another double-digit increase January 18, 2023 - The rig count in Canada ended the week with an additional 38 rigs running—a consecutive double-digit increase. For the week ended Jan. 13, the rig count in Canada stood at 227, according to Baker Hughes data. Canada rig count posts… Full Story
EIA: US crude inventories up 19 million bbl January 12, 2023 - US crude oil inventories for the week ended Jan. 6, excluding the Strategic Petroleum Reserve, increased by 19 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 19 million… Full Story
Cancelling Keystone XL Cost Thousands of Jobs and Billions in GDP: U.S. Government Report January 12, 2023 - There is no doubt that Keystone XL’s cancellation was a massive gut punch to Canada and its oil and gas industry. Now the analysis is out showing the impact it had on the United States. Just a sliver over two… Full Story
A logical solution to corrosion January 12, 2023 - The stakes of corrosion in the oil and gas industry can be astronomical, ranging from high maintenance and repair costs, to downtime and profit loss, to safety hazards from oil and gas leaks. The simple culprit — metal reacting with… Full Story
TC Energy sends ruptured Keystone pipeline segment for testing after regulator order December 30, 2022 - TC Energy (TRP.TO) said on Wednesday that it had safely removed the ruptured segment of Keystone pipeline that caused an oil spill earlier this month and sent it for metallurgical testing as directed by U.S. regulators. TC Energy Corp had submitted its… Full Story
Last Week: U.S. Drillers Add Oil and Gas Rigs for First Time in Four Weeks December 30, 2022 - U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes Co said in its closely-followed report last Thursday. The oil and gas rig count, an early indicator… Full Story
TC Energy Restarts Part of Keystone Oil Pipeline After Spill December 15, 2022 - TC Energy Corp. restarted a segment of its Keystone oil pipeline after one of the worst onshore crude oil spills in the US since 2010.A section of the line unaffected by the incident, which extends from Hardisty, Alberta, to Wood… Full Story
Shop Coating vs. Field Coating: Pros and Cons December 15, 2022 - This article from Charles S. Brown of Greenman-Pedersen, Inc. (GPI) explores key differences between shop coating and field painting, as well as the pros and cons of shop-applied coatings vs. field-applied coatings on new steel. Read More Full Story
EIA: US crude inventories up 10.2 million bbl December 15, 2022 - US crude oil inventories for the week ended Dec. 9, excluding the Strategic Petroleum Reserve, increased by 10.2 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 10.2 million… Full Story
U.S. Oil & Gas Rig Count Falls for First Time in Six Weeks December 12, 2022 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks as oil prices fell to their lowest this year. The U.S. oil and gas rig count, an early… Full Story
TC Energy Says No Timeline Yet for Restart of Keystone Pipeline December 12, 2022 - TC Energy Corp. is continuing recovery efforts at its shuttered Keystone oil pipeline and hasn’t yet set a date to restart operations. The product is contained and repair planning is underway, TC Energy said in a statement Sunday. The company is also… Full Story
U.S. drillers add oil and gas rigs for second month in a row – Baker Hughes November 30, 2022 - The oil and gas rig count, an early indicator of future output, rose two to 784 in the shortened week to Nov. 23, its highest since March 2020, energy services firm Baker Hughes Co said in its closely followed report… Full Story
API Updates Safety Standard for Pipeline Public Awareness Programs November 30, 2022 - The American Petroleum Institute (API) released an updated standard for pipeline public awareness programs, which help protect buried utilities, local communities and the people who live and work near pipeline rights of way. Recommended Practice (RP) 1162, Public Awareness Programs… Full Story
US rig activity jumps as Canada’s slows November 11, 2022 - Drilling activity in the US jumped by 9 rotary rigs—all oil-directed—to 779 working the week ended Nov. 10, Baker Hughes reported, while the number of rigs working in Canada dropped 9 to 200. US rig activity jumps as Canada's slows Full Story
EIA: US crude inventories down 3.1 million bbl November 4, 2022 - US crude oil inventories for the week ended Oct. 28, excluding the Strategic Petroleum Reserve, decreased by 3.1 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories down 3.1 million… Full Story
K-State nuclear reactor shut down because of unidentified corrosion November 4, 2022 - The 60-year-old nuclear reactor at Kansas State University is shut down. The reason? Unidentified crud. That’s not just vague slang. It’s the technical term scientists at K-State are using to describe the problem. CRUD stands for “corrosion resembling unidentified deposits.”… Full Story
Career Opportunity October 20, 2022 - ELK Engineering is currently accepting applications for qualified individuals in the field of Corrosion control. Interested persons should visit the "Careers" page of this website for details. Full Story
EIA: US crude up 9.9 million bbl October 14, 2022 - US crude oil inventories for the week ended Oct. 7, excluding the Strategic Petroleum Reserve, increased by 9.9 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude up 9.9 million bbl Full Story
Multilayered coating aims to improve corrosion resistance of steel September 23, 2022 - Materials Performance The proposed multilayer coating system comprises three layers fabricated using physical vapor deposition, with a Zn–Mg layer sandwiched between two zinc layers. Galvanizing steel with zinc increases its corrosion resistance, making it a sustainable and economical choice to… Full Story
U.S. drillers add oil & gas rigs for first time in three weeks – Baker Hughes September 23, 2022 - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks as relatively high crude prices encouraged some firms to drill more, mainly in the Permian Basin. The oil and gas rig count,… Full Story
EIA: US crude inventories up 2.4 million bbl September 15, 2022 - US crude oil inventories for the week ended Sept. 9, excluding the Strategic Petroleum Reserve, increased by 2.4 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 2.4 million… Full Story
BOEM reinstates Gulf of Mexico Lease Sale 257 bids September 15, 2022 - In compliance with congressional direction in the Inflation Reduction Act, the BOEM has accepted 307 highest valid bids from Lease Sale 257 in the Gulf of Mexico, totaling nearly $190 million. BOEM reinstates Gulf of Mexico Lease Sale 257 bids Full Story
Soil corrosivity investigation via physical and chemical composition September 15, 2022 - In this work, soil corrosivity of the central desert of Iran was investigated by analyzing the physical-chemical characteristics of soils, weight loss testing, and electrochemical measurements. READ MORE Full Story
EIA: US crude inventories up 8.8 million bbl September 9, 2022 - US crude oil inventories for the week ended Sept. 26, excluding the Strategic Petroleum Reserve, increased by 8.8 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 8.8 million… Full Story
Pittsburgh bridge showed ‘major decay’ months before collapse September 9, 2022 - The Pennsylvania Department of Transportation released an inspection report completed on the Fern Hollow Bridge four months before its collapse, which appeared to show major structural decay. READ MORE Full Story
Wisconsin judge allows Enbridge Line 5 oil pipeline to continue to operate – must relocate around tribal land September 9, 2022 - A Wisconsin judge has ruled Enbridge Inc’s Line 5 oil pipeline is trespassing on land belonging to the Bad River Band, but will be allowed to continue operating because a shutdown would have significant public and foreign policy implications. The… Full Story
U.S. oil & gas rig count falls for first time in 25 months -Baker Hughes August 30, 2022 - Aug 26 (Reuters) – Energy firms this week increased the number of U.S. oil and gas rigs but cut the count in August for the first time in 25 months, even as oil prices remain relatively high. The oil and… Full Story
Energy Transfer signs LNG deal with Shell August 30, 2022 - Energy Transfer LP has executed a 20-year agreement to supply Shell NA LNG LLC with LNG from Energy Transfer LNG Export LLC’s Lake Charles liquefaction plant in Louisiana. Energy Transfer signs LNG deal with Shell Full Story
U.S. Set to Ship Record Crude Into 2023 as Energy Crisis Deepens August 30, 2022 - Aug 24, 2022 (Bloomberg) US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe. Earlier this month, weekly government figures showed an unprecedented 5 million barrels a day of… Full Story
US rig count down 1, Canada rig count down 2 August 12, 2022 - US drilling activity decreased slightly for the week ended Aug. 12, Baker Hughes reported. With a 1-rig decrease, 763 rigs were working in the US, an increase of 262 from this time a year ago. US rig count down 1,… Full Story
IEA raises oil demand growth forecasts by 380,000 b/d August 12, 2022 - In its August issue Oil Market Report, the International Energy Agency raised its estimates for 2022 global demand growth by 380,000 b/d, to 2.1 million b/d, as soaring oil use for power generation and gas-to-oil switching are boosting demand. IEA… Full Story
EIA: US crude inventories up 4.5 million bbl August 4, 2022 - US crude oil inventories for the week ended July 29, excluding the Strategic Petroleum Reserve, increased by 4.5 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 4.5 million… Full Story
Corrosion demystified August 4, 2022 - Corrosion is, without a doubt, the most misunderstood and misdiagnosed condition that affects small craft. The good news is no corrosion scenario should remain a mystery — corrosion and its prevention are comprehensible. While there are many subvarieties of corrosion,… Full Story
EIA: US crude inventories up 3.3 million bbl July 14, 2022 - US crude oil inventories for the week ended July 8, excluding the Strategic Petroleum Reserve, increased by 3.3 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 3.3 million… Full Story
The key is in the coating: Multilayered coating to improve the corrosion resistance of steel July 14, 2022 - The strength of steel makes it one of the most robust materials known to man. When galvanized with zinc (Zn), it becomes more resistant to corrosion. This makes it an economical choice to use in construction and infrastructure. In the… Full Story
IEA: Oil market outlook rarely more uncertain July 14, 2022 - Rarely has the outlook for oil markets been more uncertain, said the International Energy Agency (IEA) in its July issue Oil Market Report (OMR). IEA: Oil market outlook rarely more uncertain Full Story
EIA: US crude inventories up 8.2 million bbl July 8, 2022 - US crude oil inventories for the week ended July 1, excluding the Strategic Petroleum Reserve, increased by 8.2 million bbl from the previous week, according to data from the US Energy Information Administration. EIA: US crude inventories up 8.2 million… Full Story
Canada gains 9 rigs, US adds 2 July 8, 2022 - Canadian rotary rig activity increased by 9 rigs the week ended July 8, pushing the number of rigs working to 166, up 38 from the 137 working in Canada this time a year ago, according to Baker Hughes data. Canada… Full Story
For the First Time, the US is Sending More Gas to Europe Than Russia July 1, 2022 - For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines, according to the International Energy Agency. Europe is seeking alternatives such as US liquefied natural gas to Russian supplies after Gazprom… Full Story
SCOTUS rules EPA can’t set standards too tough for gas-fired power plants July 1, 2022 - The US Supreme Court ruled June 30 that the Environmental Protection Agency (EPA) lacks the authority to set emission standards so strict that many power plants burning natural gas or coal will be unable to comply. SCOTUS rules EPA can’t… Full Story
Choosing the best corrosion-resistant material July 1, 2022 - Corrosion becomes an inevitable problem when structures come into immediate contact with water and other chemicals, e.g., in water parks and swimming pools. It includes repeatedly accessed places such as pool access ladders, stair towers, and handrails. Corrosion presents a… Full Story
