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American Gas Assoc. Recognizes Gas Utility and Transmission Companies’ Safety Efforts
June 1, 2020
The American Gas Association recently recognized more than a dozen natural gas utility and transmission companies as 2019 Safety Achievement Award recipients for their efforts to maintain both employee and vehicular safety. “Now more than ever, it is important to
Oil Now Faces Demand Uncertainty After Record Rebound from Crash
June 1, 2020
Oil posted its biggest monthly advance on record, just a few weeks after prices made a dramatic plunge below zero. Crude surged about 88 percent in May, with U.S. futures on Friday rising above US$35 a barrel for the first
Oil CEO Says U.S. Shale Rebound at Least a Year Away
May 29, 2020
Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the
TC Energy Completes First Piece of Keystone XL Pipeline
May 29, 2020
A Canadian company has built the first piece of the disputed Keystone XL oil sands pipeline across the U.S. border and started work on labor camps in Montana and South Dakota. But it has not resolved a courtroom setback that
BLM Offers Tax Relief to Oil and Gas Operators on Federal Land
May 29, 2020
Wyoming produces more minerals from public land than almost any other state in the country. That makes a new federal guideline especially potent for the leading energy producer. In light of the COVID-19 pandemic, the Bureau of Land Management announced
Medical Communities Count on Products Manufactured By Natgas, Hydraulic Fracking
May 29, 2020
The Pennsylvania Independent Oil & Gas Association (PIOGA) recently demonstrated the importance of plastics, made from natural gas distillates like ethane and propane, for Pennsylvania’s medical communities. The resources available from natural gas and hydraulic fracturing in Pennsylvania’s portion of
Prices Retreat But Remain Above $33 a Barrel
May 29, 2020
Crude prices ended a six-day winning streak Friday but remain near their highest level in more than two months. Prices have been strengthened by economies around the globe beginning to reopen and signs that oil demand is on the rise.
Nautilus Data Technologies Closes $100 Million Capital Partnership with Orion Energy Partners
May 28, 2020
Nautilus Data Technologies has closed a multi-draw, senior secured debt facility with Orion Energy Partners for the commissioning of a 6.0MW colocation data center located in Stockton, California and construction of additional data center projects in the Nautilus pipeline. Nautilus
Basic Energy Services Consolidates Regional Operations
May 28, 2020
Basic Energy Services has implemented changes to the organizational structure of the company, reducing the number of operating regions from five to three. Basic believes this internal consolidation will result in approximately $20 million in annual cost savings. To further
Chevron Discusses Business Operations at Annual Stockholders Meeting
May 28, 2020
Chevron Corporation provided an overview of the company’s work to respond to the COVID-19 pandemic at its 2020 annual meeting of stockholders. This year’s meeting was virtual in place of an in-person event due to safety concerns related to the
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