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

Rep. Lauren Boebert Bill Would Reverse Biden’s Lease Ban, Other Fossil Fuel Actions

February 10, 2021

U.S. Rep. Lauren Boebert has introduced legislation that would reverse President Joe Biden’s indefinite ban on oil and gas leasing on federal lands and waters. The measure, called the Protecting American Energy Jobs Act, also would nullify an initial 60-day

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SNC-Lavalin to Sell Oil and Gas Unit to Blue Water Energy-backed Firm

February 10, 2021

SNC-Lavalin Group said on Tuesday it would sell its oil and gas business to Kentech Corporate Holdings Ltd, an energy services company backed by private equity firm Blue Water Energy, and focus on its high-performing engineering services. The construction and

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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

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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

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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

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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

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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

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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

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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

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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

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