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Colorado’s Oil and Gas Commission Increases Mill Levy
August 7, 2020
The Colorado Oil and Gas Conservation Commission adopted a mill-levy rate increase Tuesday during a rulemaking hearing and announced that it has reduced its spending “to balance its finances and to be able to meet its statutory requirements to protect
U.S. Shale Drillers Switch Focus to Maintaining Output
August 7, 2020
America’s most prolific shale drillers are accepting a fate once anathema to an industry obsessed with growth: drilling just to ward off production drops. The pandemic and subsequent plunge in crude prices has forced U.S. crude explorers to scrap plans
U.S. Sends First Shipment of Crude to Saudi Arabia in Over a Decade
August 6, 2020
The United States sent a shipment of crude to Saudi Arabia in June, data from the U.S. Census Bureau showed on Wednesday, in what appears to be the first such delivery since the U.S. ban on crude exports ended in
Oil Prices Struggle to Hold Five-month High Amid Pandemic Worries
August 6, 2020
Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand worries caused by a second wave of coronavirus infections outweighed declines in the U.S. dollar. U.S. West Texas Intermediate (WTI)
Total Safety Receives 22 Safety Achievement Awards
August 6, 2020
Total Safety has been awarded the 2019 Contractor Safety Achievement Award in 22 facilities throughout the U.S. by the American Fuels and Petrochemical Manufacturers Association (AFPM). The AFPM award recognizes contractor companies who consistently meet and exceed safety standard excellence
Cummins Receives Two Department of Energy Awards for Hydrogen Fuel Cell Powertrains
August 6, 2020
Cummins has received two awards from the U.S. DOE’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) totaling nearly $7 million. The awards are for Cummins’ continued work on enhancing economic viability of fuel cell powertrain solutions for heavy-duty
BLM Issues Preliminary Approval for 5,000-Well Drilling Oil and Gas Project in Wyoming
August 5, 2020
After more than five years in the making, several producers moved a major regulatory step closer to developing a potential 5,000-well oil and natural gas project on federal land in Wyoming, but current market realities present new risks. “This proposed
Continental Resources to Resume Most Curtailed U.S. Shale Production
August 5, 2020
U.S. shale oil producer Continental Resources on Tuesday said it plans to resume most curtailed production, adding prices need to rise further for a significant rebound in overall industry activity. Supply and demand are rebalancing, but current prices near $40
Brouillette Remains Optimistic About Future of Oil and Gas
August 5, 2020
U.S. Energy Secretary Dan Brouillette is optimistic that the nation’s oil boom will return in some shape or form. It’s what he shared Friday with reporters in Houston, presenting a message directly to the tens of thousands of laid-off oil
Shell Completes Sale of Appalachia Assets to National Fuel for $541 Million
August 5, 2020
SWEPI LP a subsidiary of Royal Dutch Shell, has completed the sale of its Appalachia shale gas position to Seneca Resources Company, LLC and NFG Midstream Covington, LLC , each of which are subsidiaries of National Fuel Gas Company (“NFG”).
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