U.S. Offshore
News
September 18, 2019
“The energy industry needs a more skilled workforce and the new Center for Petrochemical, Energy, & Technology is designed by industry for industry,” said Dr. Brenda Hellyer, San Jacinto College Chancellor.
News
September 18, 2019
Alex Munton, principal analyst, Americas gas and LNG at Wood Mackenzie, said “This additional deal solidifies the appetite for US producers to participate in supporting development of US LNG exports, following their notable absence in the first wave.”
News
September 18, 2019
Saudi Arabia joined a U.S.-led coalition to secure sea lines vital to oil shipping in the Middle East in the aftermath of a devastating attacks on Aramco’s oil facilities.
News
September 17, 2019
The Pentagon is preparing a report on who was responsible for the weekend attack on Saudi oil facilities and intends to make it public within 48 hours, a U.S. defense official said.
News
September 17, 2019
The U.S. energy revolution has fundamentally added to U.S. and global near-term deliverability of oil, natural gas and natural gas liquids, generally helping stabilize the global market against supply disruptions.
News
September 17, 2019
The impact at the pump should start to become more pronounced late Tuesday or Wednesday, according to Patrick DeHaan, senior petroleum analyst at GasBuddy. That’s after gasoline distributors adjust prices to match gains in futures and regional spot markets.
News
September 15, 2019
The biggest moves could come from U.S. oil companies with a sizable short interest, including Apache, Continental Resources, Concho Resources, Devon Energy and Noble Energy, according to analysts at Houston-based Tudor Pickering Holt & Co.
News
September 15, 2019
The Trump administration sought to offer new evidence to back its claim that Iran conducted the attack on major Saudi Arabian oil facilities, saying the munitions used in the strikes were well beyond the capabilities of the Houthi rebels who claimed responsibility.
News
September 15, 2019
Energy Secretary Rick Perry is ready to draw down stocks from the Strategic Petroleum Reserve “to offset any disruptions to oil markets as a result of this act of aggression,” his spokeswoman said. Perry also ordered officials to work with the International Energy Agency on possible options for coordinated action.
News
September 14, 2019
President Donald Trump spoke by phone on Saturday with Saudi Crown Prince Mohammed Bin Salman after a swarm of explosive drones hit key oil-industry targets in Saudi Arabia, the state-run Saudi Press Agency reported.
News
September 13, 2019
After a recently completed expansion of the regional airport, Lea County will be augmenting the existing non-stop United Express daily flight service to Houston with a new route to Denver, Colorado which begins on October 27.
News
September 12, 2019
“U.S. natural gas is meeting growing American energy needs, and at the same time, U.S. LNG exports are improving global conditions and reducing emissions by spreading the benefits of abundant energy to our allies around the world,” said API president and CEO Mike Sommers.
News
September 12, 2019
A persistent oversupply of natural gas will drive the 2020 average price at the Henry Hub down (in real terms) to a level not seen in decades, according to new report from IHS Markit.
News
September 12, 2019
Production Technology and Services announced the Bureau of Safety and Environmental Enforcement deems the PTS-supplied temporary processing equipment suitable for use as a part of HWCG’s single vessel solution, according to the company.
News
September 12, 2019
The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more.
News
September 11, 2019
Oil plunged as U.S. President Donald Trump considered easing sanctions on Iran that severely restricted the OPEC member’s ability to export crude.
News
September 06, 2019
An Indian state-owned refiner is mulling the purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on U.S. supplies.
News
September 04, 2019
The U.S. placed new sanctions on Iran, and a top American official signaled more measures are coming while deflecting questions about French diplomatic efforts meant to help Tehran restart oil sales.
News
September 03, 2019
Tracy W. Krohn, chairman and CEO said "These low-decline assets add significant reserves and production to our portfolio and are adjacent to our current operations."
News
September 02, 2019
Seadrill has secured a one year contract with LLOG Exploration Offshore for the West Neptune operating in the US Gulf of Mexico.
News
September 02, 2019
The United States District Court for the Southern District of Texas refused WesternGeco's request to reinstate a $100 million lost profits award against ION Geophysical, and instead ordered a new trial to determine what lost profits, if any, WesternGeco is entitled to from surveys performed by ION's customers outside of the United States.
