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Three Pinocchios

Over the past months and right after the Senate defeated legislation authorizing the Keystone XL pipeline, President Obama said that the pipeline was just to move Canadian oil through the US to the Gulf Coast for shipment overseas.  He has also said that he is concerned about it environmental impacts, the small number of jobs […]  More »

Navitas Midstream to build Eagle Ford gathering line, processing plant

The project will be the first that the compan will undertake after receiving $500 million in capital from New York private equity firm Warburg Pincus.  More »

Fatal explosion came during maintenance work

The fatal explosion came nearly six months after federal drilling regulators warned that the facility had failed to maintain all equipment in a safe condition so as to ensure the protection of the lease and associated facilities.  More »

Feds probe fatal offshore blast

Federal investigators are on the scene of a oil platform in the Gulf of Mexico that exploded on Thursday, killing one person and injuring three others.  More »

Exxon Mobil drops to No. 4 in world rankings of largest oil firms

While Exxon Mobil fell, Russian and Chinese companies gained in the rankings.  More »

Kinder Morgan investors approve $44 billion merger

The approval of the deal heralds the beginning new era for the North America’s largest midstream company.  More »

Apache to cut North American spending

Apache will cut its North American spending from $5.4 billion to $4 billion, the company told analysts at a presentation in New York, but it said it will be able to spend that money more efficiently.  More »

The job may be new, but the ways to succeed aren’t

Do your best, figure out what you want to do, and once you make the leap, don’t look back!  More »

Five things to know about the U.S. energy landscape

Adam Sieminski, head of the U.S. Energy Information Administration, spoke at 2014 Deloitte Energy Conference in Houston about long-term trends facing the energy sector. Here are five takeaways from his presentation.  More »

Gasoline prices fall ahead of Thanksgiving travel weekend

Despite some predictions otherwise, gasoline prices continue to fall and appear to be headed even lower as Americans prepare to hit the roads next week to see their families for Thanksgiving.  More »

Halliburton’s Lesar on the trail to sell $35B megadeal to investors

Halliburton CEO Dave Lesar hopped on a plane to New York on Monday, rang the bell at the New York Stock Exchange on Tuesday, and over the next two days will have no less than 16 meetings with shareholders to sell the oil-field service industry’s biggest-ever acquisition.  More »

Workers wonder if they’ll survive oil field merger

Workers are anxious about their jobs after Monday’s announcement that Halliburton is buying oil field services rival Baker Hughes.  More »

Senate vote on Keystone XL set to be close

The latest drama over Keystone XL is headed into its final act, as the Senate prepares to vote on legislation that would authorize the pipeline. And it’s likely to be a nail biter.  More »

Hess, Chevron see first oil flow at Tubular Bells

Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters has culminated in oil now flowing at a massive production facility 45 miles from shore.  More »

Halliburton goes hostile in attempt to buy Baker Hughes

Merger talks between oil field services giants Halliburton and Baker Hughes took a hostile turn Friday, as the larger Halliburton made an 11th-hour move to replace the board of its smaller rival and takeover target.  More »
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