Texas is the #1 energy consumer in the country and its economy and growth are dependent on reliable, secure and sustainable power. Abundant resources, an…
Author: News
U.S. oil inventory draw pushes crude prices up 2%
Crude Oil prices rose 2% on Wednesday, boosted by draws from the U.S. inventories of crude, gasoline, and distillates. that, in turn, lifted investors’ optimism…
Deb Haaland is anti-fracking, co-sponsored AOC’s Green New Deal
Biden interior nominee is reportedly New Mexico congresswoman Deb Haaland , a member of the Laguna Pueblo people, to serve as the country’s first Native…
Trouble in Boom Town North Dakota
A redirection of taxpayer money in North Dakota may fund new #fracking sites, rather than cleaning up old ones. The Dakota Resource Council and North…
Wood Mackenzie: The coming crash of liquefied natural gas
Global energy transition goals could threaten more than two-thirds of the world’s supply of liquefied natural gas
Boulder County Now Has The Strictest Fracking Regulations In The State Of Colorado
The Boulder County Board of Commissioners unanimously voted Thursday to pass strengthened rules and regulations for oil and gas development, making it the county with…
Plugging up old oil wells. Why don’t we fix this?
In Toole County, Montana oil is one of the biggest games in town. But these workers aren’t drilling for oil — they are plugging up…
Norway To End Oil Production Cuts / Plans to Open More Arctic Areas to Oil Sector
Norway To End Oil Production Cuts On December 31st. Norway oil output curbs to expire at year-end, energy ministry says. The Opec +1 group is…
China’s crude oil imports fall
China’s crude oil imports fall as heavy crude oil buying fades. China’s crude oil imports fell 12.2 percent in October from the previous month as…
Oil Crude Investors fear the rise in COVID-19 infections could threaten U.S economic rebound
Investors fear continued rise in COVID-19 infections threatens U.S economic rebound Crude was boosted earlier in the week as stocks extended gains during the last…
Occidental Petroleum quarterly dividend set at $0.01 per share
Occidental (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on January 15,…
Saudi Aramco’s net profit plummeted nearly 45%
Weak oil demand in the third quarter hit Saudi Aramco’s net profits. According to reports, Saudi Aramco’s third-quarter results announced on the same day showed that…
Oilfield Workers are waiting to see if Trump wins.
However, the three key Rust Belt states that Biden could win to put him over the top — Michigan, Wisconsin, and Pennsylvania — are still…