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U.S. Crude Oil Production Grows 17% in 2018 Breaking 50-Year Record
April 11, 2019
The US broke its own crude oil production growth rates in 2018, with Texas at the forefront owing to substantial output from the Permian region Crude oil production in the US in 2018 was 17 percent higher than the year
Milestone Environmental Services Receives Oilfield Waste Landfill Permit in Permian Basin, Texas
April 10, 2019
Milestone Environmental Services said that the Railroad Commission of Texas (RRC) has approved the company’s second RCRA-exempt oilfield waste landfill permit in the Permian Basin. Development plans for the 7.8 million cubic yard landfill south of Midland, Texas, are in
Murphy Oil Corporation Publishes Inaugural Sustainability Report
April 10, 2019
Murphy Oil Corporation has released its 2019 Sustainability Report. The inaugural online report provides a review of the company’s performance in governance, environmental stewardship, workforce development, workplace health and safety, and community engagement. “I am proud of our inaugural Sustainability
Key Buyers Push U.S. Oil Exports to Record Highs
April 9, 2019
Constantly evolving hydraulic fracturing and horizontal drilling technologies have opened up more U.S. petroleum resources than ever imagined. Crude production has boomed 140 percent over the past decade to 12.1 million barrels per day (bpd). During the course of 2018,
Trump Heads to Houston Wednesday to Boost Oil and Gas Sector
April 9, 2019
President Donald Trump will travel to Houston Wednesday to announce executive orders aimed at speeding up pipeline and other energy projects and expanding oil and natural gas production, a senior White House official said. The president is scheduled to appear
Purdue Researchers Develop Process to Convert Shale Natural Gas into Usable Fuel
April 9, 2019
A key point of the ongoing energy debate in the U.S. is the potential future fuel source in the form of shale natural gas, an amount that is estimated to be able to provide a full century’s worth of fuel.
GROW Texas Fund Gains Traction
April 9, 2019
The GROW Texas fund has some heavy hitters behind it. The GROW Texas fund, filed by State Reps. Brooks Landgraf and Tom Craddick, would ensure that existing state revenue paid by energy companies in the Permian Basin would be earmarked
Wärtsilä and Samsung to Co-develop Efficient LNG Carrier and Shuttle Tanker Solutions
April 8, 2019
The technology group Wärtsilä and Samsung Heavy Industries (SHI) have signed a Joint Development Project (JDP) agreement aimed at establishing a more efficient solution for LNG Carrier and Shuttle Tanker vessels. Overall cost optimization, including both CAPEX and OPEX, is
U.S. to Drive New-build Underground Gas Storage Capacity Growth
April 8, 2019
GlobalData oil and gas analyst Arpan Roychowdhury predicts the US will drive underground gas storage capacity in North America over the next four years The US will account for 95 percent of North America’s new-build underground gas storage capacity between
Targa Resources Completes $1.6 Billion Sale of Badlands Assets, North Dakota
April 8, 2019
Targa Resources has completed its previously announced $1.6bn sale of its midstream assets in North Dakota to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities (together called Blackstone). The North Dakota midstream assets that were offloaded by Targa
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