Uinta Crude Transport Project Wins Fed Approval in Just 16 Days
The Bureau of Land Management used an expedited review process ordered by President Trump to expand a crude oil loading facility’s capacity in the Uinta Basin to 100,000 bbl/d.
Primary Hydrogen Starts Hydrogen Field Sampling Program in Canada
The program is part of the company’s multiple-phase exploration efforts across about 8,550 hectares (21,128 acres) to identify potential accumulations of natural hydrogen.
US Energy Imports Fall to Lowest Level in 40 Years—EIA
Energy imports contributed to 17% of the U.S. energy supply in 2024, the lowest share since 1985, according to the U.S. Energy Information Administration.
Canada Deep Dive: Spartan Sees 1,220 boe/d Duvernay IPs
Calgary’s Spartan Delta Corp. is seeing strong oil and liquids output from new horizontals landed in the Duvernay Shale in Alberta. One new Duvernay well produced 1,470 boe/d (86% liquids) over 20 days, including 1,202 bbl/d of oil.
Colorado Awards Teverra State Grant for Geothermal District
Teverra said the $200,000 grant is anticipated to support the development of a geothermal district heat network in Rico, Colorado.
COMMENTARY: Saudi Plays Short and Long Game With OPEC+ Production Gamble – Bousso
By Ron Bousso OPEC+ to increase output target by 2.5 million bpd between April and September Saudi has large spare production while others produce at capacity Riyadh’s share of global oil production declined to 11% in 2024 from 13% LONDON, July 8 – Saudi Arabia’s drive to rapidly increase OPEC+ oil output may put Riyadh …
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Governor: In Wyoming, Sky’s the Limit for Oil, Gas, Nuclear
Wyoming may be the smallest U.S. state, but it’s aiming for a giant role in America’s energy future. From oil and gas to nuclear, it’s all on the table, Wyoming Gov. Mark Gordon told Hart Energy in an exclusive interview.
Touchstone Explores Trinidad and Tobago with Fifth Cascadura Well
Touchstone Exploration Inc. drilled its Cascadura-5 development well onshore Trinidad and Tobago on time and within budget after encountering “encouraging” data.
Oil Prices Edge Up to Two-Week High on Lower US Output Forecast, Positive US Economic News
By Scott Disavino US could produce less oil in 2025 than previously expected OPEC+ to raise production by 548,000 barrels per day in August Markets unsettled by uncertainty over Trump tariffs NEW YORK, July 8 (Reuters) – Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil …
Trump Says He Will Impose 50% Tariff on Copper Imports
President Donald Trump said he will announce a 50% tariff on imported copper on July 8, an effort to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.