North America ///
Marathon Oil Corp. is mirroring private equity as it looks for the next big thing in U.S. crude.
U.S. Secretary Of State Mike Pompeo will meet with senior U.S. oil executives in Houston on Tuesday to discuss boosting boost crude exports and advancing America’s position as a global energy powerhouse, according to people with knowledge of the meeting.
The 2019 Annual Energy Outlook (AEO2019) Reference case shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Texas.
The American Petroleum Institute issued a statement today supporting the Department of Energy’s (DOE) non-Free Trade Agreement export authorization for Venture Global’s Calcasieu Pass liquefied natural gas (LNG) export facility last week, along with the introduction of a Senate bill designed to speed the Federal Energy Regulatory Commission’s (FERC) reviews of LNG terminals and other energy infrastructure.
Cognite, a leading provider of structured and contextualized data for industrial applications, today announced that it will enter the North American technology market and open a U.S. headquarters facility in the summer of 2019.
Cowboy boots and turquoise belt buckles are giving way to smart suits and silk ties as the world’s biggest shale oil field prepares for mergers.
When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed.
At its annual Security Analyst Meeting, Chevron Corporation announced expectations for significant cash flow growth, disciplined spending, and expanding production over the next five years.
Pengrowth Energy Corp. is considering selling itself as the driller moves to lighten its debt load following a collapse in Canadian oil prices that pummeled the nation’s energy industry.
A proposal to overhaul Colorado’s drilling laws had its first hearing yesterday, pushing the bill one step closer to a vote by the Democrat-controlled state legislature.
ExxonMobil said today it has revised its Permian basin growth plans to produce more than 1 MMboed by as early as 2024 – an increase of nearly 80% and a significant acceleration of value.
Halliburton Company has announced Motors Center of Excellence, a new approach to drilling motor development that combines specialized engineering and manufacturing capabilities to customize motor designs for specific basin challenges.
Today, the Colorado Petroleum Council and the Colorado Oil and Gas Association will join energy workers and supporters from across Colorado for a rally to protect and defend the hundreds of thousands of Colorado jobs supported by the state’s oil and gas industry.
Oil climbed as the U.S. and China were said to be near a settlement of a trade dispute that threatened to erode energy demand in the world’s largest economies.
BP Plc’s sale of a portfolio of U.S. onshore shale assets worth a combined $7 billion is progressing, with suitors preparing bids for parts of the portfolio, according to people with knowledge of the matter.
S&P Global Ratings lowered its outlook for Mexico’s sovereign debt to negative from stable, saying the nation’s shift to limit private sector involvement in energy could lower economic growth prospects.
In a major blow to the Canadian oil industry, Enbridge Inc. now expects the replacement and expansion of its Line 3 crude oil pipeline to be in service about a year later than expected.
Emerson has announced the opening of a new $4 million Permian Basin Service Center to bring enhanced oil and gas technologies and services to the fast-growing region.
Railroad Commission of Texas assessed $589,537 in fines involving 199 enforcement dockets against operators and businesses at the Commissioners’ conference this week.
Shockwaves in the c-suites of shale companies are showing investor frustration with an industry that continues to outspend cash flow.