“Your jobs are valued, and you’re an important part of the diversity of our state,” Polis says. Colorado governor tells oil and gas industry that…
Have We Reached Peak Production?
In less than eight years, U.S. oil production climbed from under 6 million barrels per day (BPD) to more than 12 million BPD. This surge…
China has put Tariffs on the U.S Crude
The Trump tweets have escalated the ongoing trade war and now Oil is the current victim. Crude slid to a two-week low after China announced…
Next Level Fracking? or A Bridge Too Far?
China has a radical idiea to extract its enormous gas reserves. A team of nuclear weapons scientists led by Professor Zhang Yongming from the State…
Can Trump Order Companies to Move out of China?
President Trump is using the International Emergency Economic Powers Act (IEEPA), Title II of Pub.L. 95–223, 91 Stat. 1626, enacted October 28, 1977 to force…
Crude Oil Slumps – On Recession Fears And Oversupply Concerns
Amidst the declining economic growth and OPEC+’s supply cuts, oil industry braces for possible economic headwinds.
Billions of barrels flow through American pipelines
How important are Pipelines in America? Very, there is no question pipelines are important for the American economy and help propel growth in the oil…
China Holds the cards on Oil Prices
Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions…
The Second largest oil-producing state? North Dakota
Texas is by far the largest oil-producing state in the United States, but number two? North Dakota, Is the nation’s second-largest oil-producing state, Produced 1.42…
Saudi Aramco said it is ready to go public…will wait for better market conditions
“We, in Saudi Aramco, have delivered strong and unmatched financial results, despite lower oil prices and volatile market conditions. This is really a testament to our resilience,” said al-Dabbagh, noting the talks are in the early stages.
Christopher Wright Talks About the Slowdown in Fracking
Christopher Wright Good morning, everyone, and thank you for joining us. We’re pleased to discuss with you today our second quarter 2019 results. We’re proud…
Adams County calls for 1,000-foot buffer between wells and homes
Colorado Adams County officials are going after the fracking industry, Even after the State Voted against any job-killing legislation. The will of the People is…
More Countries are turning to China for Help
Libya NOC representatives traveled to China today to discuss China’s interest in helping to restore Libya’s oil industry that has suffered through years of civil…
Crude Oil Traders Await Fed Rate Cut, Industry Sees Storage Drop
Oil surged as the Federal Reserve moved toward a rate cut to boost the economy while tensions with Iran threatened to choke Middle East supplies….