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File Image: CREDIT AdobeStock / © Edelweiss U.S. oil producer Magnolia Oil & Gas Corp aims to at least triple…
U.S. refiners ran full-tilt in the second quarter, fueled by cheap domestic crude and fat margins that should boost earnings,…
Published in OE Daily: 2018 / July
U.S. energy companies added oil rigs for a third week in a row even though crude prices have declined about…
© FerrezFrames / Adobe Stock U.S. crude oil production jumped 215,000 barrels per day (bpd) to 10.47 million bpd in…
Tuesday, 15 May 2018 10:33

Rising Oil Prices Boost US Economy

© Sergiy Serdyuk / Adobe Stock U.S. net petroleum imports have fallen to the lowest level in more than half…
Published in OE Daily: 2018 / May
An expansion of oil drilling in the eastern Gulf of Mexico would interfere with U.S. military testing unless the Pentagon…
Published in OE Daily: 2018 / May
File Image (CREDIT: AdobeStock / © Carolyn Franks) U.S. electric utilities are expected to shut hundreds more of their coal-fired…
Published in OE Daily: 2018 / May
Friday, 27 April 2018 13:14

US Oil Rig Count Continues Climb

© FerrezFrames / Adobe Stock The U.S. oil drilling rig count rose for the fourth week in a row and…
Published in OE Daily: 2018 / April
© FerrezFrames / Adobe Stock U.S. energy companies added oil rigs for a third week in a row as energy…
Published in OE Daily: 2018 / April
Wednesday, 11 April 2018 17:21

US Crude Hits Highest Since 2014

© R Carner / Adobe Stock Oil prices jumped on Wednesday, hitting their highest in more than three years on…
Published in OE Daily: 2018 / April
File Image: the U.S. crude export hub of Corpus Christi, TX is upgrading its facilities for anticipated growth. (CREDIT: Port…
Published in OE Daily: 2018 / March
Thursday, 01 February 2018 08:00

Oil Rises as OPEC Compliance Eclipses US Output

File Image (CREDIT: AdobeStock / (c) scanrail) U.S. production tops 10 mln bpd for first time since 1970 as U.S. inventories…
Monday, 18 December 2017 09:26

Oceaneering nets US offshore wind contract

US offshore wind developer US Wind has awarded a contract to Oceaneering for high-resolution marine geophysical surveys in 2H 2018…
Friday, 08 December 2017 09:43

Chevron reduces 2018 capex to $18.3 billion

US oil major Chevron has cut its capital and exploration spending program for a fifth consecutive year, putting aside US$18.3…
Tuesday, 05 December 2017 19:17

Cape Wind to surrender US lease

US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set…
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2018-10-22 09:29:10pm