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U.S. Crude Oil Production Hits Record Levels in 2019
March 10, 2020
U.S. crude oil production was 11 percent higher in 2019 than the previous year, according to the U.S. Energy Information Administration. Production reached a record 12.23 million barrels per day (b/d) last year, 1.24 million b/d more than 2018 levels.
Shell to Sell Mobile Refinery in Alabama and Puget Sound Refinery in Washington
March 10, 2020
Equilon Enterprises, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, is seeking buyers to sell two of its refineries in the US. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes,
Energy Storage Association Applauds Introduction of American Energy Innovation Act
March 10, 2020
The Energy Storage Association (ESA) is applauding Senate consideration of the American Energy Innovation Act (AEIA), which aims to increase the use of renewable energy and energy storage through investments and modernization of domestic energy laws. In a statement published
Canada’s Apex Court Clears Hurdle for Trans Mountain Expansion Project
March 9, 2020
The Trans Mountain Expansion Project has cleared a major legal hurdle with the Supreme Court of Canada upholding an earlier decision made in its favor by the Federal Court of Appeal. The Canadian apex court declined to hear the various
NEP Midstream Acquires Permian Basin Mineral and Royalty Interests in Reagan County, Texas
March 9, 2020
NEP Midstream and Royalties has acquired various Mineral and Royalty Interests in Reagan County, Texas with an effective date of December 01, 2019 The purchase covers approx. 175 acres and includes 21 wells with 14 additional wells to be brought
DOE to Sell Up to 12 Million Barrels of Crude Oil from Strategic Petroleum Reserve
March 9, 2020
The U.S. Department of Energy (DOE) Office of Fossil Energy intends to sell off as much as 12 million barrels of crude oil from the Strategic Petroleum Reserve (SPR), drawing from three sites in Texas and Louisiana. The sale will
Crestwood Begins Commercial Operations at Bucking Horse II Processing Plant, Wyoming
March 6, 2020
Crestwood Equity Partners has begun commercial operations at the Bucking Horse II processing plant in Converse County, Wyoming in the Powder River Basin. The Bucking Horse II plant is a 200 MMcf/d processing plant that brings Crestwood’s total processing capacity
ExxonMobil Outlines Progress on Long-Term Growth Strategy
March 6, 2020
ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential. “We are effectively executing our growth strategy that will lead to
Vivakor Deploys its Second Remediation Processing Center in Utah
March 6, 2020
Vivakor, a clean energy technology and asset acquisition company, has completed the deployment of its second Clean Energy Remediation Processing Center (RPCII). The system has been installed in Vernal, Utah and has started the quality control processing phase of its
Aquarium Report on Decommissioning Offshore Oil Rigs Examines Options to Protect Marine Life
March 6, 2020
The Aquarium of the Pacific has released a report on decommissioning offshore oil rigs in California. The report summarizes the proceedings and findings of a forum held at the Aquarium in January. Forum participants included representatives from federal and state
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