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US Sets New Safety Measures as Deep Sea Oil Drillers Test New Depths

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Offshore, Oil / By

Summary New rules add some specific equipment and reporting requirements Applies to projects with more than 15,000 PSI, or more than 350F Regulators expect rise in ultra-high pressure projects BP awards SLB a key contract for ultra-high pressure Kaskida project HOUSTON, Oct 29 (Reuters) – The Bureau of Safety and Environmental Enforcement (BSEE) rolled out …

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How do Trump and Harris Differ on Energy Policy?

Coal, Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, LNG, Natural Gas, Nuclear, Oil, US News / By

Republican Donald Trump and Democrat Kamala Harris have a couple of things in common on the issue of U.S. energy policy: both say they want to expand production and keep prices down for consumers. The core difference is that Harris says she wants to do so in a way that favors clean energy technologies crucial …

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Oil Prices Fall as Reality of Weak Global Demand Overtakes Risk of Wider War in Middle East

Conventional Energy, Latest, Oil, US News / By

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for crude spiked globally on October 2 after Iran fired nearly 200 missiles into Israel, part of a series of rapidly escalating attacks between Israel and …

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Commentary: Crude Oil’s Middle East Risk Premium Fades, Demand Woes Remain

Conventional Energy, Latest, Oil, US News / By

By Clyde Russell SYDNEY, Oct 28 (Reuters) – For those seeking an answer to the question as to what the Middle East conflict risk premium is in the price of crude oil, the 5.3% drop in Brent futures early on Monday provides some enlightenment. Global benchmark Brent contracts dropped as low as $71.99 a barrel in …

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Oil Slips More Than 4% After Iran Downplays Israeli Strikes

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Oil prices tumbled more than $3 a barrel on Monday after Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Biomass, Conventional Energy, Geothermal, Hydro, Latest, LNG, Natural Gas, Nuclear, Oil, Renewable Energy, Solar, US News, Wind / By

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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US Oil and Gas Rig Count Steady This Week, Down Two in October – Baker Hughes

Conventional Energy, Latest, Oil, US News / By

By Scott Disavino Oct 25 (Reuters) – U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling by two in October, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …

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New Mexico Studies Oil Drilling Restrictions That Would Hit Output, Revenue

Conventional Energy, Latest, Oil, US News / By

By Georgina Mccartney Study examines proposed drilling restrictions to protect public from oil and gas pollution Restrictions could result in 12.5 million barrels lost in first year, study says Environmental advocate argues health costs outweigh revenue loss NEW YORK, Oct 25 (Reuters) – New Mexico, the second-largest oil-producing state in the U.S., is studying new …

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Valero CEO Says All Options Are On The Table For Two California Refineries

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

(Reuters) – U.S. crude oil refiner Valero Energy Corp said on Thursday it is considering a range of options that could include selling its two California refineries due to growing regulatory pressure in the state. Chief Executive Lane Riggs said during a conference call “all options are on the table” for the company’s two California …

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New Permian Oil Pipelines Unlikely to be Built, Say Top Operators

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

By Arathy Somasekhar US shale producers continue to restrain production growth Companies such as Enbridge expand capacity on existing lines Deepwater oil export projects struggle to attract customers HOUSTON, Oct 24 (Reuters) – Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of …

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