New Technology & Innovation

Researchers discover more efficient way to split water, produce hydrogen

Researchers discover more efficient way to split water, produce hydrogen

Researchers say inexpensive, nontoxic catalyst could help reduce global reliance on fossil fuels Hydrogen is often considered a fuel for the future, in the form of fuel cells to power electric motors or burned in internal combustion engines, according to researchers at University of Houston. But finding a practical, inexpensive and nontoxic way to produce […]

By September 28, 2016 0 Comments Read More →
Winds of change slow to reach Caribbean

Winds of change slow to reach Caribbean

Findings published in Energy Policy suggest electric utilities stand in the way of renewable technology CALGARY, AB – For an area of the world that is known for its bright sunshine and breezes, the Caribbean produces surprisingly little renewable energy. Expensive imported diesel or fuel oil is used to generate most or all of the […]

By September 27, 2016 0 Comments Read More →
GM sets Chevy Bolt electric car price at $37,495

GM sets Chevy Bolt electric car price at $37,495

Chevy Bolt under $30,000 after tax breaks By Joseph White DETROIT, Sept 20 (Reuters) – General Motors Co on Tuesday announced its Chevy Bolt electric vehicle will cost under $30,000 after tax breaks, a price that makes it significantly cheaper than the average new U.S. vehicle and sets up a test of whether the technology […]

By September 20, 2016 0 Comments Read More →

Markham on Energy

How the Trudeau government tore up the rulebook on pipelines

How the Trudeau government tore up the rulebook on pipelines

 Justin Trudeau’s Liberal government is scrapping years’ worth of Harper-era strategy on getting pipeline deals done. Will it work? Published in Canadian Business by Markham Hislop When Justin Trudeau’s Liberals won an unexpected majority government last October, Canadian First Nations and environmentalists cheered, while oil and gas executives groaned. The new prime minister banned oil […]

By September 27, 2016 0 Comments Read More →
Alberta Energy clarifies Tzeporah Berman role on oil sands advisory group

Alberta Energy clarifies Tzeporah Berman role on oil sands advisory group

Is eventual Tzeporah Berman resignation worst thing for Notley Government? Was that the strategy all along? Why did Tzeporah Berman ever agree to co-chair the Alberta Oil Sands Advisory Group? I ask this question because comments from the provincial energy minister shed new light on the eco-activist’s recent anti-pipeline comments on CBC. You can read the background to […]

By September 23, 2016 0 Comments Read More →
Bernard the Roughneck campaign needs polish, new strategy

Bernard the Roughneck campaign needs polish, new strategy

Social media controversy over Bernard the Roughneck appearance led to death threats, usual extreme language Ok, stop piling on Bernard the Roughneck. Yes, he really is a rig worker, not an actor, and putting a human face on an oil and gas industry PR campaign is a good thing. That said, I’m still convinced the campaign strategy itself […]

By September 22, 2016 2 Comments Read More →

Energy Politics

Tribal service deals could help Dakota pipeline impasse – Whiting CEO

Tribal service deals could help Dakota pipeline impasse – Whiting CEO

 Federal regulators are expected to rule soon on whether the pipeline’s construction can proceed By Ernest Scheyder SAN FRANCISCO (Reuters) – The chief executive of North Dakota’s largest oil producer, Whiting Petroleum Corp , says the standoff over the $3.7 billion Dakota Access pipeline could be solved by giving economic opportunities, including supply and delivery contracts, to […]

By September 28, 2016 0 Comments Read More →
Sales tax revenues grow 65% in Utica Shale Counties: EID Report

Sales tax revenues grow 65% in Utica Shale Counties: EID Report

Counties with shale development had 65% sales tax revenue boost, while counties without had 37% increase by Jackie Stewart, EnergyInDepth Since Utica Shale development took off in 2011, companies have been investing a tremendous amount of capital in eastern Ohio. Billions of dollars have been spent developing well sites, creating much-needed infrastructure, standing up regional […]

By September 28, 2016 0 Comments Read More →
Ahead of Presidential debate, energy is priority for American voters – API

Ahead of Presidential debate, energy is priority for American voters – API

“Whatever the outcome tonight, the American people have already cast their ballot for energy” WASHINGTON – API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared for delivery, from Monday’s press conference call are available on API’s website. “When it comes to […]

By September 27, 2016 0 Comments Read More →

Energy News

OPEC agrees to modest oil output curbs in first deal since 2008

OPEC agrees to modest oil output curbs in first deal since 2008

Output will be reduced to arange of 32.5-33.0 million b/d. OPEC estimates its current output at 33.24 million b/d By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) – OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting […]

By September 28, 2016 0 Comments Read More →
Oil jumps on talk OPEC may have deal to limit output in Nov.

Oil jumps on talk OPEC may have deal to limit output in Nov.

 Iranian Oil Minister Bijan Zanganeh agreed to curb production “at close to 4 million barrels per day” By Barani Krishnan NEW YORK (Reuters) – Oil prices rose more than 2 percent in volatile trade on Wednesday on speculation that OPEC members gathered in Algeria could lay the foundation for a production-limiting deal in November. Crude futures had gyrated after a […]

By September 28, 2016 0 Comments Read More →
US crude oil inventories fall 4th straight week

US crude oil inventories fall 4th straight week

Distillate inventories, including diesel, heating oil, fell 1.9 million barrels, versus expectations for 14,000-barrel decline By David Gaffen (Reuters) – U.S. crude oil stocks fell for the fourth straight week as imports dropped, while gasoline stocks increased and distillate inventories fell, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell 1.9 million barrels in the week to Sept. 23, […]

By September 28, 2016 0 Comments Read More →

Texas Life

Alpine High discovery driving interest, but in underperforming area – IHS Markit

Alpine High discovery driving interest, but in underperforming area – IHS Markit

IHS analysis indicates asset has solid potential, but repeatability unknown HOUSTON  – Apache Corporation’s recent announcement that it had made a significant new oil and gas discovery in the southern portion of the Delaware Basin in west Texas has strengthened industry interest in the emerging sub-play, but previous well results from other operators in the […]

By September 27, 2016 0 Comments Read More →
Texas oil and gas production statistics for July 2016

Texas oil and gas production statistics for July 2016

Texas production in July came from 183,260 oil wells and 92,238 gas wells AUSTIN –– Production for July 2016 as reported to the Railroad Commission of Texas (Commission) is 75,496,802 barrels of crude oil and 611,028,291 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production […]

By September 26, 2016 0 Comments Read More →
Marathon Oil Corp sale of Permian Basin assets part of industry rationalization – economist

Marathon Oil Corp sale of Permian Basin assets part of industry rationalization – economist

Marathon Oil sale of 349 wells: 185 active, 124 active injection, 34 inactive and 6 temporally abandoned Rationalization of the Permian Basin oil and gas industry continues with news that Marathon Oil is selling its stake in non-operated wells and redeploying the capital to the STACK play in Oklahoma. An analyst’s note from Credit Suisse Monday downgraded […]

By September 13, 2016 0 Comments Read More →

Energy Financial

Oil services firm Weatherford to pay $140 million for accounting fraud

Oil services firm Weatherford to pay $140 million for accounting fraud

 Weatherford fraudulently lowered the year-end sum it set aside for income taxes each year by $100 million to $154 million By Suzanne Barlyn (Reuters) – Oil services company Weatherford International LLC has agreed to a $140 million penalty to settle charges it inflated its earnings by using deceptive income tax accounting, the U.S. Securities and […]

By September 27, 2016 0 Comments Read More →
Rice Energy to buy Vantage Energy for $2.7 billion – Marcellus, Utica, Barnett assets

Rice Energy to buy Vantage Energy for $2.7 billion – Marcellus, Utica, Barnett assets

Rice Energy raised its 2016 capital budget to $735 million from $660 million due to acquisition (Reuters) – Oil and gas producer Rice Energy Inc will buy Vantage Energy LLC and Vantage Energy II LLC for about $2.7 billion, including debt. Though stronger shale oil producers have added acreage after oil prices slid more than […]

By September 26, 2016 0 Comments Read More →
Federal Reserve proposes new limits on Wall Street energy bets

Federal Reserve proposes new limits on Wall Street energy bets

Banks would have to hold more capital against Wall Street energy bets By Patrick Rucker and Olivia Oran WASHINGTON/NEW YORK, Sept 23 (Reuters) – The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against […]

By September 23, 2016 0 Comments Read More →