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U.S. Crude Exports Hit Record High in 2020
February 9, 2021
U.S. crude exports reached a record high in 2020, showing resilience in the wake of the Covid-19 pandemic. Total domestic crude exports averaged about 3.2mn b/d in 2020, up from 2.98mn b/d in 2019, the previous record high, according to
Baker Hughes: U.S. Drillers Add Oil and Gas Rigs for 11th Week in a Row
February 9, 2021
U.S. drillers this week added oil and natural gas rigs for an 11th week in a row for the first time since June 2017 as crude prices hit pre-pandemic highs. The U.S. oil and gas rig count, an early indicator
West Virginia Geological and Economic Survey Drives Economic Development and Innovation
February 9, 2021
There are nine agencies within the West Virginia Commerce Department, ranging from the Division of Natural Resources to the Division of Rehabilitation Services. Of these agencies, the West Virginia Geological and Economic Survey (WVGES) is arguably among the most important
API: Limiting Domestic Energy Production Undermines Environmental Progress
February 9, 2021
The American Petroleum Institute (API) warned limiting domestic energy produced on federal lands and waters would undermine environmental progress, cost American jobs, jeopardize education and conservation funding and shift the U.S. to greater reliance on foreign energy. “We share President
Edge LNG Opens New Facility in the Permian Basin in Midland, Texas
February 9, 2021
Due to the growing demand for its services, American gas company Edge Gathering Virtual Pipelines 2 (Edge LNG) has opened a new facility at the Permian Basin in Midland, Texas. The 10,000 square feet facility located in the heart of
Oil and Gas Workers Say They Feel ‘Betrayed’ by Biden Administration
February 9, 2021
Longtime oil and gas industry workers David and Kristina Dickerson are criticizing President Joe Biden’s executive order canceling the Keystone XL Pipeline. They say the order, which displaced them from the project, is threatening their economic stability. “I feel pretty
PTT Global Chemical America Looking for Partner for Its Ohio Petrochemical Plant
February 8, 2021
A U.S. subsidiary of state-owned Thai oiland gas company PTT PCL said on Friday that it was focused on finding a partner for its proposed petrochemical plant in Ohio that will turn ethane into plastics. “The focus of the project
Baker Hughes and NOVATEK Partner to Develop Pioneering Lower Carbon Hydrogen Solution for LNG Trains
February 8, 2021
Baker Hughes and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production. The two companies will cooperate on the development and implementation of innovative compression and power generation
Judge Puts ConocoPhillips’ Gravel Mine and Willow Oil Discovery on Hold for Two Weeks, Alaska
February 8, 2021
U..S. District Court Judge Sharon Gleason said in a decision on Saturday that she will temporarily prevent ConocoPhillips from opening a gravel mine or building a gravel road at the Willow oil discovery, after conservation groups appealed her decision last
U.S. Supreme Court to Hear PennEast Pipeline Petition on Land-use Rights
February 5, 2021
The U.S. Supreme Court agreed to hear a PennEast Pipeline Co. appeal that aims to jump-start a planned natural-gas line by securing key land-use rights from New Jersey. The proposed 116-mile pipeline would carry as much as 1 billion cubic
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