The American Petroleum Institute (API) recently held its annual event addressing the state of American energy, but this year’s event seemed to focus more on climate change than anything else. Mike Sommers, CEO of API, seemed to be acknowledging alarmists claims that the industry is the majority contributor to...
Bakken Shale – North Dakota/Montana
Rising oil prices and rapidly advancing hydraulic fracturing and drilling technologies are leading to increased interest in the Bakken region once again. A good example of this growing trend came in late April when Hess Corp. announced it would be ramping up its drilling program...
Here are the Top Dozen Oil & Gas stories for March 22, 2017, taken directly from the @GDBlackmon Twitter Feed (that’s me):
Awesome: Cheniere Gets Commitments from Devon, Marathon and Gulfport for Proposed STACK/SCOOP-to-Gulf Coast Gas Pipeline
Not really, no.: Are #oil giants pushing out independents in the Permian? via @dallasnews
Doing...
We’ve come a long way in a short time with the Freeport LNGNot long ago, the United States was expected to be a major importer of LNG. But in early 2016 we exported our first shipment. By 2018, 28 countries were receiving shipments of our natural gas. Of those 28,...
What You Should Know About Oil and Gas Today
The Big Story
In today's Houston Chronicle, Paul Takahashi has a report about a consortium of major oil and gas companies banding together to make promises about future reductions in their carbon emissions. The consortium - calling itself The Oil and Gas...
Crude prices rocketed skywards Thursday afternoon after the OPEC+ countries made the decision to largely continue its status quo on crude exports limits. The move came as a surprise to the markets, which had expected the group to increase its combined export volumes by as much as 1 million...
While the rest of the world is struggling to develop its wind capacity in the face of supply chain disruptions and rising material costs, the U.S. has big plans for the development of its wind energy sector. However, several challenges stand in the way of the U.S. achieving its...
Here are the Top Dozen Oil & Gas stories for September 7, 2017, taken directly from the @GDBlackmon Twitter Feed:
Well, yeah, that's the point.: U.S. desire for North Korea oil cutoff puts China in a tight spot
Keep on firming.: Oil firms as US Gulf refineries restart, dollar softens
Tons of...
The United States conducted a drone strike outside the Baghdad airport in Iraq early Jan. 3. In it was killed Iran’s Revolutionary Guards Quds Force leader, Soleimani, the number two leader of Iran. Aslo killed was Abu Mahdi al-Muhandis, the deputy head of the Iranian-backed Popular Mobilization forces in...
What You Should Know About Oil and Gas Today
The Big Story
Hurricane Laura and its aftermath remain the Big Story for today. As I told reporters yesterday, so long as the storm moved quickly out of the coastal area as it was projected to do, impacts on oil and gas...
