Jude Hislop

Phillips 66 expands military hiring, partners with Hiring Our Heroes

News

Hiring Our Heroes is a program of the US Chamber of Commerce Foundation and links to organizations across America Through a new partnership with Hiring Our Heroes, Phillips 66 joins more than 30 of America’s largest employers in its commitment to hiring veterans. Veterans and transitioning service members often have difficulty communicating their skills and military background

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Solar, natural gas, wind make up most US 2016 power generation additions

News

Top 5 states solar capacity additions: California (3.9 GW), North Carolina (1.1 GW), Nevada (0.9 GW), Texas (0.7 GW), Georgia (0.7 GW) Electric generating facilities expect to add more than 26 gigawatts (GW) of utility-scale generating capacity to the power grid during 2016. Most of these additions come from three resources: solar (9.5 GW), natural gas

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US crude oil inventories rise by 3.5 million barrels – Platts

News

American Petroleum Institute had estimated US crude oil stocks increase at 7.1 million barrels New government data on crude oil inventories released last week show a much smaller increase than industry statistics, according to Platts News. US commercial crude oil inventories increased 3.502 million barrels to 507.607 million barrels in the week that ended Friday, according to US EIA

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Iraq is second-leading contributor to global liquids supply growth in 2015

News

Iraq asked oil companies to reduce 2016 spending at southern oil fields because government has struggled to maintain payments Iraq was the second-leading contributor to the growth in global oil supply in 2015, behind only the United States, according to the US Energy Information Administration. Crude oil production in Iraq, including fields in the Kurdistan Region of

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North America natural gas more abundant, cheaper than previously estimated – study

News

Technology – improved understanding of subsurface geology, 3D seismic, specialized fracking – key to new natural gas plays such as Utica Shale North America’s natural gas resource base is more abundant and lower cost than ever, according to a new assessment by IHS, and the findings show a considerable growth of the low-cost segment of the

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Sanchez Energy loses $1.5 billion in 2015, says ‘balance sheet remains strong’

Energy Financial

Catarina wells are now over 40% more productive than when Sanchez Energy acquired them Texas-based Sanchez Energy Corporation says it lost $1.5 billion in 2015 despite achieving record oil production and cutting capital expenditures by over a third compared to 2014. “2015 was a strong year for Sanchez Energy despite the most challenging commodity environment we have faced

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Range Resources reports Q4 losses, 2016 capex reduced by 45%

Energy Financial

Substantially all activity is focused in Marcellus for 2016, Range Resources expects 8-10% increase in production Fort Worth, TX – Range Resources Corporation says it lost money in Q4 and is cutting its capex by 45 per cent for 2016. “Range continued to perform well operationally during the fourth quarter, despite the challenges from declining

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Americans want government, industry to improve energy security, independence – UT poll

Uncategorized

47% of Americans support fracking, 37% oppose it (down from 43% in Sept.) – energy poll A majority of Americans say government and industry should collaborate to strengthen US energy security and energy independence, according to the latest edition of the UT Energy Poll. The semi-annual survey polled 2,043 Americans on a wide array of

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