Crude Oil Pricing Can Be Confusing
The factors contributing to the price of crude oil have confused many seasoned observers for years. Generally, supply and demand have been the most important...
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Are Rising Texas Exports Too Much of a Good Thing?
The Port of Houston has seen a recent surge in Liquid Natural Gas (LNG) exports, which is terrific news for the industry, but it has...
Optimizing IT Spend: Critical Success Factors: Decision Framework and Timing
This article is part three of a four-part series on optimizing IT costs. As revenue decline continues to place scrutiny on all technology costs, a...
Weir Oil & Gas Acquires Pressure Control Provider KOP Surface Products
Weir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of wellheads, surface trees, valves, actuators and aftermarket services...
SemGroup Acquires Strategic Oil Terminal in Houston
On June 6, Tulsa, Oklahoma-based SemGroup Corporation announced that it had entered an agreement to acquire Houston Fuel Oil Terminal Company (HFOTCO). The move diversifies SemGroup’s overall business...
U.S. Named Top Petroleum, Natural Gas Producer, Again
Some people may find it hard to believe that the United States was the largest producer of petroleum and natural gas hydrocarbons last year. As...
Exxon Mobil’s Ambiguous Relationship with Climate Change
Climate change has been quite the buzzword these past few weeks, with both political and industrial forces focusing on how they will deal with the...
Gulf States May Suffer if Proposed Budget Cut is Approved
Alabama, Louisiana, Mississippi and Texas received $36.5 million in payments between 2009 and 2016 due to an act passed by President Bush which allocated some...
The Bakken Pipeline is Open for Business
On June 1, 2017, Energy Transfer Partners L.P. announced that both the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipeline (ETCO), collectively referred...
Volumes Of Federal Regulations Set Record In 2016
Regulations are a burden on consumers, businesses, and the economy, according to a new study by the Competitive Enterprise Institute entitled “Ten Thousand Commandments.” The...