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Fracking Sand Industry On the Rise in Permian Basin
February 26, 2019
One important asset of the oil boom that is often overlooked is the frac sand industry. Atlas Sand Monahans’ Plant Manager, Moe Connell, says the demand of frac sand has been on a steady rise, hand-in-hand with the demand of
Crude Oil Exports Hit Record High Last Week at 3.6 Million Barrels a Day
February 26, 2019
The United States exported a record amount of crude oil last week, as output from the nation’s shale fields continues to surge. The nation shipped out just over 3.6 million barrels a day in the week through Feb. 15, according
Texas Oil and Gas Industry Pays $38 Million a Day to Fund Schools, Roads, First Responders
February 26, 2019
For those who consistently accuse the fossil fuels industry of being greedy and selfish, here’s a statistic for you: in fiscal year 2018, the Texas oil and natural gas industry paid over $14 billion in state and local taxes and
EIA Adds New Play Production Data to Its Shale Gas and Tight Oil Reports
February 26, 2019
The US Energy Information Administration (EIA) has added new play production data to its shale gas and tight oil reports. Last December, US shale and tight plays produced approximately 65 Bcf/D of natural gas and 7 million B/D of crude
Appeals Court Upholds FERC Approval of $4.6 Billion Mountain Valley Pipeline Project
February 25, 2019
The US Court of Appeals for the D.C. Circuit has upheld the Federal Energy Regulatory Commission’s (FERC) approval of the $4.6 billion Mountain Valley Pipeline project to be laid between northwestern West Virginia and southern Virginia. The judgment from the
FERC Approves Venture Global’s Calcasieu Pass $5 Billion LNG Export Terminal, Louisiana
February 25, 2019
Venture Global LNG Inc. said it will start construction immediately on its $5 billion Calcasieu Pass liquefied natural gas export terminal in Louisiana after receiving approval from the top U.S. energy regulator. The Federal Energy Regulatory Commission cleared Venture Global’s
Nauticol’s $1.5 Billion Methanol Plant Gets Funding Support from Alberta
February 25, 2019
The Alberta government has pledged its support to a C$2 billion ($1.51 billion) methanol plant proposed to be developed by Nauticol Energy in the Canadian province. The methanol plant, which will be built 10km south of Grande Prairie, will be
Devon Energy Divesting Canadian Oilsands and Barnett Shale Assets
February 25, 2019
Devon Energy Corporation plans to separate its Canadian oilsands and Barnett Shale assets. The company said these plans aim “to complete the transformation to a high-return U.S. oil growth business.” Along with its fourth-quarter earnings release for 2018, Oklahoma City-based
MDU Resources Subsidiary to Retire Three Aging Coal-fired Units, Build New Gas Plants
February 22, 2019
MDU Resources Group’s subsidiary Montana-Dakota Utilities said it intends to retire three aging coal-fired electric generation units at two locations within the next two to three years and construct a new simple-cycle natural gas combustion turbine to cost-effectively meet the
Qatar Petroleum and ExxonMobil to Commence Contruction of Golden Pass LNG Facility, Texas
February 22, 2019
The Golden Pass Products export project at the existing Golden Pass LNG facility in Sabine Pass, Texas, is moving forward following a positive final investment decision from its owners, affiliates of Qatar Petroleum and ExxonMobil. Golden Pass awarded the engineering,
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