Oil ministers from the OPEC+ nations are meeting today to review compliance with their ongoing agreement to limit crude oil production and exports.
What You Should Know About Oil and Gas Today The Big Story Oil ministers from the OPEC+ nations are meeting in Vienna, Austria today to review compliance with their ongoing agreement to limit crude oil production and exports. That agreement has succeeded in causing the price for oil to rise back...
It was 93 degrees in Deomcrat run Southern California on Tuesday, and 10 million Californians were without power to their homes as a result.
It was 93 degrees in Southern California on Tuesday, and 10 million Californians were without power to their homes as a result. I kid you not. The liberal national news media are trying to pretend that, as Politico claims, “everyone faces blame,” but the truth is that these blackouts are a...
What You Should Know About Oil and Gas Today The Big Story The Trump Administration issued a plan for a comprehensive lease sale for the northern extent of the Alaska National Wildlife Refuge (ANWR) on Monday. Interior Secretary David Bernhardt said the plan was in response to a bill passed by...
New Lifelines for Pipelines
The U.S. Department of Energy announced on August 6 that $30 million in funding would be going toward ten projects aimed at giving America’s aging pipeline system new life. The Advanced Research Projects Agency-Energy’s Rapid Encapsulation of Pipelines Avoiding Intensive Replacement (REPAIR) program has teams developing natural-gas pipeline retrofitting...
Equinor: Hoping to Grow Green
Norway’s Equinor has announced its expedited plans for attaining “climate-friendly” energy. It is seeking to build new business with hydrogen, carbon capture and storage. This report comes on the heels of BP’s big announcement of going “net zero” by 2050.  While BP issued a ten-point plan to help itself...
Methane Emission Regulations Rescinded?
The Wall Street Journal has reported that the Environmental Protection Agency (EPA) will be rolling back some of the methane emission requirements for oil and natural gas producers. To verify the report, the news agency The Hill spoke with an EPA representative. The spokesperson issued a statement saying only...
Mountain Valley Pipeline (MVP) Stumbles but Still Expects Completion in 2021
While considering the complexities involved in natural gas production, logistics maintain an equally important role. The product must be carried to specific locations, but first, the decision must be made on which mode of transport to utilize. With the Marcellus Shale offering 84 trillion cubic feet of natural gas...
The dramatic recent drops in U.S. crude oil inventories over the past three weeks is starting to make news. U.S. demand has now picked up.
What You Should Know About Oil and Gas Today The Big Story The dramatic recent drops in U.S. crude oil inventories over the past three weeks is starting to make news. U.S. demand has now picked up to such an extent that companies that were desperate to rent space in the...
You have to believe that Oxy CEO Vicki Hollub would take a pass on that $55 billion acquisition of Anadarko Petroleum, knowing what she knows now.
What You Should Know About Oil and Gas Today The Big Story If only she could get a do-over. - You have to believe that, if she could go back in time to April of 2019, Oxy CEO Vicki Hollub would take a pass on that $55 billion acquisition of Anadarko...
It was 93 degrees in Deomcrat run Southern California on Tuesday, and 10 million Californians were without power to their homes as a result.
The International Energy Agency (IEA) conducted a study comparing last year’s energy usage and electricity consumption to the first quarter of 2020. Overall, and unsurprisingly, global energy demand during the first quarter of 2020 was down 3.8%, or 150 million tonnes of oil equivalent,  compared to the same time...
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