By Scott Disavino US and China enter second day of talks in London Saudi crude exports to China set to fall slightly Upcoming: US oil inventory data from API and EIA NEW YORK, June 10 (Reuters) – Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between …
Oil Prices Hold Near 7-Week High as Market Waits for News From US-China Trade Talks Read More »
U.K.-headquartered international hydrocarbons conglomerate INEOS is seeking the mature U.S. shale assets that don’t have the upside growth potential publicly held U.S. operators need.
The U.S. trade office had proposed a schedule of rising rates if U.S. companies did not use tankers that don’t currently exist—but backed off after industry backlash.
The ability to drill deeper and hotter expands the commercial viability window for enhanced geothermal systems, according to Fervo.
The Texas Oil & Gas Association estimated that crude oil production in Texas held steady at 5.7 MMbbl/d, while NGL production also remained level at 4 MMbbl/d.
By Lisa Baertlein Summary Fees are part of U.S. effort to counter China dominance on the high seas LNG export license suspension penalty removed Vehicle carrier fee changed to $14 per ton from $150 per car capacity Vehicle carriers in U.S. Maritime Security Program exempt (Reuters) – The U.S. Trade Representative softened fee proposals for non-U.S.-built …
USTR Eases Proposed Penalties, Fees For Non-US LNG Tankers, Vehicle Carriers Read More »
In the energy sector, equipment reliability is not just a maintenance goal—it’s a business imperative. As pressure mounts to optimize production while reducing downtime and risk, operators are increasingly turning to advanced monitoring technologies to stay ahead of mechanical issues. One of the most impactful of these is vibration monitoring, particularly when applied to turbomachinery …
Unlocking the Value of Vibration Monitoring in the Energy Sector Read More »
By Josh Sisco, Silla Brush, and Madlin Mekelburg Coal on barges in Pittsburgh. Photographer: Justin Merriman/Bloomberg The world’s largest asset managers urged a federal judge in Texas to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how US firms oversee trillions of …
BlackRock, Vanguard Fight High-Stakes Texas Collusion Case Read More »
Summary New wastewater permitting rules to raise costs for Texas producers Water disposal costs to rise 20-30% in Delaware formation – B3 Insights Costly new infrastructure, permit delays to hit small operators most (Reuters) – New guidelines on permitting for wastewater disposal wells in Texas are threatening to drive oil producers’ costs higher as companies …
New Texas Wastewater Rules Could Boost Costs for Oil Producers Read More »
The U.S. Environmental Protection Agency on Monday proposed approving Texas’ application to oversee its own permitting for projects to inject carbon dioxide underground, a move long sought by that state’s regulators and oil and gas companies with projects in the wings. EPA Administrator Lee Zeldin said Texas is best positioned to protect its drinking water …
EPA Proposes Giving Texas Authority to Oversee CO2 Injection Permits Read More »
