Posted on November 6, 2014 at 11:54 am by William O'Keefe in
General |
Throughout history, at least back to 2800 BC, the world has had more that its share of apocalytics. Nostradamus was perhaps the most famous but he had a lot of good company—google A Brief History of the Apocalypse. Now the apocalyptics rely on sophisticated computer models to convince us that life as we know it […]
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Posted on November 6, 2014 at 10:58 am by Laura Goldberg in
Crude oil,
Finance/Earnings,
General |
But Apache Corp. CEO Steve Farris touted the company’s growth in liquids production.
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Posted on November 6, 2014 at 10:02 am by Robert Grattan in
Crude oil,
Deals,
featured,
General,
Pipelines |
The pipeline is a major artery for the basin with a capacity of 300,000 barrels per day of crude.
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Posted on November 5, 2014 at 1:20 pm by Rhiannon Meyers in
General,
Hydraulic fracturing |
The resurgence in domestic drilling made possible by new techniques like hydraulic fracturing and horizontal drilling has created thousands of new jobs since the recession, and nowhere is that more evident than the Lone Star State.
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The Texas Oil and Gas Association filed its challenge in federal court on Wednesday morning, arguing that the city has no right to override state policy favoring subterranean mineral extraction.
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Republicans now have the votes they need in the House and the Senate to force President Barack Obama’s hand on the Keystone XL pipeline.
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Posted on November 5, 2014 at 6:01 am by Robert Grattan in
Electricity,
ERCOT,
General |
NRG Energy has begun building a new power plant in the Houston area, and says the region doesn’t need a proposed new transmission line that would bring power in from plants elsewhere in the state.
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The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy.
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Posted on November 4, 2014 at 10:25 am by Rhiannon Meyers in
Crude oil,
General |
Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays.
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Targa Resources Partners said it saw more volume and fees from its natural gas liquid business.
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Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
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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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