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NEWS Click on text to read news by category: General | Product | People | Worldwide

States Urge Supreme Court to Allow Construction of Atlantic Coast Pipeline to Continue

December 17, 2019

Attorneys general from 18 states are urging the U.S. Supreme Court to allow construction of the Atlantic Coast Pipeline to continue. West Virginia Attorney General Patrick Morrisey said his office will lead the coalition. A friend of the court brief

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BLM Bakersfield Field Office Issues Decision on Effects of Hydraulic Fracturing

December 17, 2019

The Bureau of Land Management (BLM)  released its decision for the Bakersfield Field Office Supplemental Environmental Impact Statement (EIS) analyzing the potential effects of hydraulic fracturing of oil and gas resources on public lands and Federal minerals within the planning

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OPEC Deal Could Send Oil To $70

December 17, 2019

The OPEC+ deal could push oil prices back to $70 per barrel next year, assuming all goes according to plan. The combination of raising the production cuts to 1.7 million barrels per day (mb/d), plus the unilateral over-compliance by Saudi

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ONEOK Completes Elk Creek NGL Pipeline, Montana

December 17, 2019

Oklahoma-based midstream company ONEOK has completed its 900-miles (1,448.4km) natural gas liquids (NGLs) pipeline between eastern Montana and Rice County in US. The Elk Creek pipeline extends from the Williston basin to the company’s existing Mid-Continent NGL facilities in Bushton,

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ExxonMobil Wins Landmark New York Court Ruling Over Climate Change Disclosures

December 16, 2019

A New York court has ruled in favor of ExxonMobil in a landmark legal ruling covering its transparency to investors over the impact of climate change on its business. The lawsuit was brought against the US oil major by the

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Doyon and Hilcorp Sign Gas Exploration Deal, Alaska

December 16, 2019

An Alaska Native Regional Corporation and an energy company will jointly explore the Yukon Flats region for potential oil and gas extraction, officials said. Doyon Limited and Hilcorp Energy Co. officials agreed to a five-year deal that will include exploration

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Ironwood Midstream to Expand Eagle Ford Pipeline Network, Texas

December 16, 2019

San Antonio pipeline operator Ironwood Midstream has closed a deal to expand its crude oil gathering network in the Eagle Ford Shale of South Texas. In a statement released Tuesday, the company confirmed closing a deal to buy 150 miles

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Canadian Oil & Natural Gas Production Set to Soar Through 2040

December 16, 2019

Canada’s oil and natural gas production is projected to have steady growth through 2040 as key pipeline and export infrastructure are completed and prices rise over the long-term, according to the Canada Energy Regulator’s first long-term energy outlook. Specifically, the

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IEA: OPEC and Oil Supply Cuts Won’t Prevent Surplus in 2020

December 16, 2019

Global oil markets still face a surplus next year even if OPEC and its partners deliver newly-announced production cuts in full, the International Energy Agency said. Oil inventories may accumulate by 700,000 barrels a day in the first quarter even

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RPSEA Launches Program to Leverage Investments in Onshore Research

December 13, 2019

The Research Partnership to Secure Energy for America (RPSEA) is dedicating its research expertise and academic resources to launch a national collaborative research program focused on providing information to the global energy industry to help leverage investments in onshore research

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