Posted on November 5, 2014 at 6:55 am by Bloomberg in
Crude oil,
Markets |
To win the showdown, the Saudis are trying to bring OPEC’s weaker members in line before the Nov. 27 meeting of the organization.
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Posted on November 4, 2014 at 7:02 am by Bloomberg in
featured,
Hydraulic fracturing,
Shale |
Halliburton CEO Dave Lesar is joining the chorus of oil executives who say they aren’t worried about falling oil prices, and expect them to climb next year.
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Lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S.
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Posted on November 3, 2014 at 2:04 pm by Rhiannon Meyers in
General |
Shale oil will continue to give U.S. refineries a cost advantage over their European peers, but a few big refinery expansions in Saudi Arabia could steal market share.
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Posted on November 2, 2014 at 5:28 pm by Joshua Cain in
Hydraulic fracturing |
Farmers in Glasscock County, where wells outnumber people more than three-to-one, say they’re losing valuable land to new drilling sites.
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Posted on October 31, 2014 at 7:23 am by Bloomberg in
Asia,
Markets,
Shale |
South Korea received this month a shipment of Alaskan oil for the first time in at least eight years and may buy more.
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Posted on October 29, 2014 at 1:46 pm by Bloomberg in
Crude oil,
featured,
Hydraulic fracturing,
Shale |
U.S. crude production climbed to the highest level in at least three decades last week as the shale boom moved the country closer to energy independence.
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Posted on October 28, 2014 at 3:15 pm by Rhiannon Meyers in
featured,
Natural gas |
As companies scramble to announce new plants and expansion projects to capitalize on abundant supplies of cheap, natural gas, Cheniere Energy is nearly finished with the first phase of its liquefaction export terminal.
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Posted on October 27, 2014 at 1:01 pm by Rhiannon Meyers in
Chemicals |
Construction will generate about 1,000 jobs at its peak, the company said.
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Posted on October 24, 2014 at 3:15 pm by Collin Eaton in
Deals,
Finance/Earnings,
Oil field services |
Apollo Global Management is diving deeper into U.S. shale oil and gas with the purchase of one of the largest private companies in Houston.
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Posted on October 23, 2014 at 6:00 am by Rhiannon Meyers in
Chemicals,
General
Dow Chemical expects to hire 60 apprentices, who will receive two to four years of training and on-the-job experience to prepare them for work as chemical process operators, instrumentation and equipment technicians and analyzer technicians.
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More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude.
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