Ryan Zinke, former U.S. Secretary of the Interior, has joined Cressman Tubular of Dallas, TX, in an advisory role. After his tenure as both commander in Navy SEAL Team Six and member of the president’s cabinet, Secretary Zinke looks to make his mark on the U.S. steel industry. In...
Monday's announcement by Qatar that it is leaving OPEC does not spell the end of that organization, or really do it much harm, despite some of the fright pieces coming from the energy-related news media today.
Qatar has not really been a major player within OPEC, a reality that has...
Good news for Permian Basin producers came on Thursday as Milestone Environmental Services announced it has begun construction on a RCRA-exempt oilfield waste disposal site in Reeves County in West Texas. Here is the text of the company's press release:
HOUSTON & MIDLAND, Texas – May 29, 2019 – Milestone...
In an extraordinary bit of energy absurdity, the International Energy Agency (IEA) has a new report out detailing its fantasy-based roadmap about how we get to the mythical "Net Zero by 2050" goal. Among other impossibilities in the real world, this new report envisions:
- No new coal plants. China...
Russian oil minister Alexander Novak warned Tuesday that global oil prices could hit $300 per barrel in the event of an import ban. Novak went onto suggest that Russia could shut down the Nord Stream 1 pipeline, which supplies much of Europe’s natural gas needs, in retaliation for a...
Readers may have noticed a big media uproar last week over a pronouncement from the U.N.'s International Energy Agency (IEA) that "Electric vehicles (EVs) are expected to displace 2.5 million bpd of oil demand by 2030."
This was hailed in much of the news media as some sort of huge...
After a brief respite during the peak of summer driving season, gasoline prices are about to go up again thanks to the rising price for crude oil.
On Tuesday, a day when BP announced its estimate that global demand for crude oil has again reached 100 million barrels of oil per day, and a day when OPEC+ announced 6 of its 13 member countries have been under-producing their supply quotas in recent months, management at Diamondback...
IMO 2020 is set to radically change the ecosystem of the world’s refined products with dramatic effects for both marine fuel suppliers and consumers. Unprecedented shifts in supply and demand and logistical challenges will upend the oil and gas value chain's status quo when the International Maritime Organization’s (IMO)...
SCOOP/STACK Play – Oklahoma
Citizen Energy Operating, LLC announced that it has entered into a merger agreement with Roan Resources, Inc. in an all-cash transaction valued at $1 billion, including Roan's debt. Roan stockholders will receive $1.52 in cash for each share of Roan common stock in the deal. Roan...
