Regulation ///

Halliburton feels U.S. fracing slowdown more acutely

The world’s biggest oilfield service companies are feeling the U.S. fracing slowdown as shale producers slash spending forecasts.

AMLO cabinet skipped Davos to focus on graft fight, envoy says

Mexican President Andres Manuel Lopez Obrador asked his cabinet to skip this week’s World Economic Forum in Davos to focus on the government’s efforts to stop gasoline theft and attend to a pipeline explosion, according to the nation’s highest-ranking attendee.

Oil slumps most in a month as IMF, trade dispute darken outlook

Oil slumped by the most in almost a month as economic warning signs flashed from Chinese trade talks to the U.S. housing market.

Texas upstream employment trends indicate talent shortage

As reported by TIPRO earlier this month, employment growth for the Texas upstream sector stalled in the fourth quarter of 2018 following many months of consecutive growth.

Enbridge oil pipeline rationing eases little after curtailment

A month into Alberta’s mandatory oil curtailment and rationing on the country’s biggest heavy-crude export pipeline system has eased, but very little.

Oil steadies near two-month high as U.S. drilling slows down

Oil steadied near a two-month high in New York amid a pullback in U.S. drilling activity, while ongoing U.S.-China trade talks left an uncertain outlook for demand.

Pemex's pipeline blast caused by rampant fuel theft, AMLO increases security, again

Mexico President Andres Manuel Lopez Obrador is doubling down on a controversial strategy to end fuel theft at Petroleos Mexicanos after a pipeline explosion caused by an illegal tap left at least 89 people dead and many injured.

API has projected continued growth of U.S. energy as the world leader verified by fourth-quarter natural gas, oil data

Estimated total natural gas and oil well completions rose 23% in the fourth quarter of 2018 compared to year-ago levels, according to API’s 2018 Quarterly Well Completion Report, Fourth Quarter.

How OPEC is helping U.S. oil reach a tipping point

The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than it imports.

Oil hits 2-month high as China truce signals brighter outlook

Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy.

Oil hasn't started a year this hot since the turn of the century

Oil hasn’t started off this strong in 18 years.

Oil rebound fizzles as Treasury denies U.S. easing China tariffs

Oil’s after-market rebound waned Thursday after the U.S. Treasury Department disputed a report that the Trump administration might ease trade tariffs against China.

Legality of drilling permits issued during shutdown challenged

The Trump administration’s decision to keep issuing oil drilling permits during the government shutdown is putting those authorizations in legal jeopardy, environmentalists argued in a filing Thursday.

Husky Energy soars because investors love a failure

For Husky Energy Inc., it may not be the shots you make that matter so much as the ones you miss.

Canadian indigenous groups mull pipeline deal to ease oil glut

CALGARY (Bloomberg) -- The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch.

Oil gains as Russia, Saudis signal commitment to production cuts

Oil closed higher for the second straight day as Russia and Saudi Arabia signaled they’re on track with production cuts designed to avoid a global supply glut.

O&G industry shows commitment to workplace safety in new report

API has released its comprehensive Workplace Safety Report showing that occupational injuries and illness for the natural gas and oil industry occur at a substantially lower rate than the U.S. private sector and are continuing to decline.

Canadians back Trudeau's pipeline, but some voters are wary

A wide margin of Canadians support an oil pipeline that Prime Minister Justin Trudeau’s government is pushing to build -- though it remains unpopular among some voting blocs key to his reelection.

Colorado Supreme Court rules against plaintiffs in Martinez v. COGCC

Statement by Dan Haley, President & CEO of the Colorado Oil & Gas Association, on today’s Colorado Supreme Court ruling.

Oil resumes rally as stockpiles ween lower, China eyes tax cuts

Oil climbed as investors anticipated another decline in U.S. crude inventories and China promised to slash taxes to avert an economic slowdown.