Policy should promote infrastructure to get oil and gas to non-U.S. markets, says PricewaterhouseCoopers Canada’s oil and gas industry has the potential to compete successfully…
Author: News
Decade Behind Bars For Permian Pipeline Protesters?
If you protest an oil or gas pipeline in Texas, you could face up to 10 years in prison. The bill on the verge of…
Artificial Intelligence Will Make Oilfield Pipeliners Obsolete
The AIPW uses a welding power supply to weld the root with Regulated Metal Deposition (RMD), then switches to pulsed spray for the fill and…
New Mexico to get $64 Billion, thanks to crude oil benefits
Press release ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in…
American debt-rating agencies go after Mexico’s Pemex
Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to…
Trump’s foreign policy advisers on Iran? Blow up Iran’s oil industry…
Fox Business host and Trump whisperer Lou Dobbs appeared to nudge President Trump toward threatening Iran with military strikes on Tuesday night, saying the president…
North Dakota will sue Washington over Bakken oil bill
North Dakota is preparing to sue Washington state over a Washington law requiring oil sent by railway through that nation to have gases removed, which…
Largest oil producer in the Permian Basin?
After closing the deal to buy Anadarko, Occidental’s has secured its status as the largest oil producer in the Permian Basin, the top U.S. shale…
Chevron gives up on Anadarko Petroleum, will get $1B termination fee
The decision leaves Occidental as a victor in a race that once again demonstrated the attractiveness of the American shale. The decision also means Chevron…
Iraq working on getting a 30-year contract that could bring US$53 billion investments
Iraq will soon finalize a large-scale, long-term deal for the development of oil fields in the South with Exxon and PetroChina. The 30-year contract will…
A Fracking slowdown in the Denver-Julesburg Basin?
New anti-fracking laws are having an effect in new investment and fracking in the Denver-Julesburg Basin that’s according to industry insiders, The resulting uncertainty over…
Chevron bows out of fight for Anadarko Petroleum
Occidental challenged Chevron’s initial bid last month, offering $57 billion in cash and stock, including debt and book value of non-controlling interest. Chevron’s offer was…
The Iran–Iraq–Syria pipeline – Why The U.S is so interested in Syria?
The Iran–Iraq–Syria pipeline is a proposed natural gas pipeline running from the Iranian South Pars/North Dome Gas-Condensate field towards Europe via Iran, Iraq, Syria and…
Pioneer Natural Resources is a pure-play Permian basin producer now
Pioneer Natural Resources beat Wall Street estimates for quarterly profit on Monday, and said it sold its Eagle Ford and remaining assets in South Texas…