660,000 b/d Explorer pipeline out of product Hurricane Harvey will likely force the shutdown of the Explorer pipeline main lines on Wednesday. The company says it will shut down the lines because of a lack of product to pump. Despite Harvey’s devastation, most of the Explorer pipeline system which moves gasoline, diesel, fuel oil and […]
Hurricane Harvey: Explorer pipeline shuts down due to lack of product Read More »
Forecast production in Anadarko to grow to 500,000 b/d by end of 2018 The Anadarko Region, which was recently added to EIA’s Drilling Productivity Report (DPR), accounted for 437,000 b/d of oil production and 4.9 Bcf/d of natural gas production in July 2017, according to the U.S. Energy Information Administration. Production in the region has increased in 2017, and
Oil, gas production in Texas and Oklahoma’s Anadarko region growing Read More »
Mexican government planning to open more acreage in Burgos and other shale basins to private companies In July 2017, Mexico’s national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies, according to the US Energy Information Administration. This
Mexico’s shale-rich Burgos Basin opens to private investment for first time Read More »
Texas Gulf Coast home to nearly one-third of U.S. refining capacity Hurricane Harvey strengthened to a Category 1 hurricane Thursday afternoon and is currently forecast to make landfall over southeast Texas later today or early Saturday, according to the U.S. Energy Information Administration. The National Oceanic and Atmospheric Administration (NOAA) expects Hurricane Harvey to continue to
Lawsuit alleges donations were used to fund lucrative drug trafficking scheme inside demonstrator camps The company behind the controversial Dakota Access Pipeline which drew protester camps and controversy has filed a federal lawsuit in North Dakota against Greenpeace International and other organizations and individuals, according to a press release. Energy Transfer Partners LP is built the $3.8
Dakota Access Pipeline company sues Greenpeace under RICO Act Read More »
Lower heat rates indicate more efficient generation because less fuel is needed to generate a kilowatt hour of electricity From 2006 to 2015, annual average heat rates of natural gas-fired electricity generators decreased 7 per cent as heat rates of coal-fired electricity generators remained stable, increasing only 1 per cent, according to the U.S. Energy
Natural gas-fired electricity efficiency grows as coal remains stable Read More »
Electricity sales in states with efficiency mandates are 55% of total retail electricity sales The United States consumed about one per cent less energy in 2016 – with Texas the biggest user for the 56th year in a row – and that trend may accelerate as more states adopt energy efficiency policies and programs, according
First purchase of WTI Midland by any Indian company Reuters reports India’s state owned Bharat Petroleum Corp (BPCL) purchased 1 million barrels of WTI Midland grade. The sale marks the first time an Indian company has bought the US grade, according to an industry source knowledgeable of the deal. Refiners in India joins a number
Indian refiner buys 1 million barrels of WTI Midland oil: Reuters Read More »
Tight oil most attractive investment theme in the global industry – Wood Mackenzie Tight oil profitability has been the focus of much debate since the oil price collapse of 2014. Its ability to scale down and up quickly and break even at low price points has made the Permian the star of the show for investors,
When will American shale oil make money? Maybe by 2020, says Wood Mackenzie Read More »
Wyoming provides 40% of American coal, is 6th biggest natural gas producer EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania, West Virginia, and North Dakota ranked as the top five net suppliers of energy in 2015, according to
Tiny Wyoming tops oil and gas giant Texas by a mile as biggest energy producing state Read More »
