Tag: #OilmanNEWS

Gasoline prices followed crude oil prices upward during the Thanksgiving weekend. Crude oil prices on the New York Mercantile Exchange ...

GasBuddy projects that Thanksgiving will see the highest average gas prices since 2014 as the country prepares for the busiest ...

The controversy over tax reform efforts by the U.S. Congress was expected because any time there is a change in ...

Oklahoma City-based Devon Energy Corp recently reported fairly strong third-quarter results for 2017, besting their midpoint estimate for hurricane-adjusted guidance. ...

After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation ...

WICHITA FALLS—Upstream oil and gas activity in Texas sustained a modest expansion into the 10th straight month in September, according ...

Conflicting news about crude oil supply and demand created confusion for oil traders last week. In summary: refinery runs were ...

Texas has been blessed with abundant sources of energy. Crude oil and natural gas have made Texas a powerhouse for ...

India’s state-owned gas company, GAIL (India) Ltd has signed three time-swap deals with global companies to sell some of its ...

The U.S. Department of Energy (DOE) and the Environmental Protection Agency (EPA) recently introduced two significant policy changes regarding energy ...

Stability in crude oil prices in Texas and across the nation has resulted in increased drilling, production, and an increase ...

EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP and EPIC Midstream Holdings, LP, today announced ...

Oildex announced today at its 2017 Community Conference in Austin, Texas that it has acquired Phoenix DAS, a leading provider ...

President Trump kicked off his campaign to encourage Congress to begin serious discussions regarding tax reform. U.S. Rep. Kevin Brady ...

Crude oil and natural gas wellhead prices crossed a psychological price threshold last week as crude oil closed at $50.41 ...

On September 6th, France revealed the draft of a bill that would ban all oil and gas exploration and production ...

In an effort to reduce its dependence on crude imports from Middle Eastern countries led by Saudi Arabia, India is ...

Hurricane Harvey continues to unleash its wrath on the Texas and Louisiana coast, creating serious problems for energy consumers and ...

America’s petroleum industry celebrates its 158th anniversary on Sunday. The American Oil and Gas Historical Society (AOGHS) reports that Seneca ...

Crude oil and natural gas production in Texas has increased dramatically, bringing a flood of new dollars into the Permanent ...

Even though there have been some bumps along the way, the oil and gas industry in Texas has been on ...

Just a few years ago there was a debate over energy policy that included the phrase “drill, baby, drill.”  The ...

These are indeed defining times for the industry. We sat down with eDrilling’s VP Product Management and Strategy, Morten Svendsen, ...

The Organization of Petroleum Exporting Countries (OPEC) is getting a first-class education in the law of supply and demand, i.e. ...

The U.S. Treasury Department has levied a $2 million fine against Exxon Mobil Corp. for violating U.S. sanctions which barred ...

The International Energy Agency (IEA) announced on July 12 that a significant shift in energy-investment patterns had occurred in 2016. ...

EIA now forecasts Brent crude oil spot prices to average $51 per barrel (b) in 2017 and $52/b in 2018. ...

Even though renewable energy has been the darling of state and federal governments for more than a decade, the old ...

Oil and gas activity in Texas increased for the sixth consecutive month in May, increasing 5.7 percent over a year ...

CB&I has been awarded a contract valued at nearly $200 million by Venture Global LNG, a U.S. based liquefied natural gas ...

BCCK Holding Company (BCCK), a leader in engineering, procurement, fabrication and field construction services, has appointed Tony Canfield as vice ...

On Tuesday, June 27, the Oklahoma and Corporation Commission and the Oklahoma Geological Survey released data related to the correlation ...

President Donald J. Trump gets it.  He understands that domestic energy creates power; power not only to heat and cool ...

Houston, Texas-based Kinder Morgan has secured financing for its $5.5 billion pipeline in Canada, reports the Houston Chronicle. The pipeline, ...

Although the average price for a gallon of gasoline in Texas averaged $2.11 for the week ending June 16, according ...

Weir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of wellheads, surface trees, ...

On June 6, Tulsa, Oklahoma-based SemGroup Corporation announced that it had entered an agreement to acquire Houston Fuel Oil Terminal Company (HFOTCO). The ...

Climate change has been quite the buzzword these past few weeks, with both political and industrial forces focusing on how ...

On June 1, 2017, Energy Transfer Partners L.P. announced that both the Dakota Access Pipeline and the Energy Transfer Crude ...

Regulations are a burden on consumers, businesses, and the economy, according to a new study by the Competitive Enterprise Institute ...

OPEC nation members and non-OPEC nations came together on May 25 to discuss the current economic environment for oil and ...

Washington, D.C.-based LNG producer, Venture Global LNG, announced today it raised $81.4 million in additional capital from high-profile, very large ...

While the exploration-and-production sector of the oil and gas industry has drawn most of the media attention recently, the service ...

Saudi Aramco, the Kingdom of Saudi Arabia’s state-owned oil producer, recently purchased total ownership of the massive Port Arthur Refinery ...

The business of exporting petroleum products from the U.S. is growing at a record pace and the future looks bright. ...

This article is part two of a four-part series on optimizing IT costs. Past technology investments should have enabled new ...

It is no secret that the Texas economy is closely tied to the oil and gas industry. And it is ...

The Offshore Technology Conference (OTC) kicked off on April 29 at the NRG Park in Houston, Texas, and it lasted ...

On Monday, May 8th, both Saudi Arabia and Russia announced that they were contemplating a protracted production cut which could ...

Golden Pass Products LLC, has been authorized by the U.S. Department of Energy to export domestically produced liquefied natural gas ...