Category: Crude oil

Commentary: Mark Wahlberg and Deepwater Horizon? I’m skeptical but cautiously optimistic

I’ve written in the past about my skepticism when it comes to Hollywood depicting the oil & gas industry, and unfortunately I don’t see much reason or incentive for this film to take a different course.  More »

Guest commentary: Partnerships needed to tackle global energy challenges

The global energy industry must seek new avenues to meet growing demand.  More »

Judge lifts order for seizure of disputed oil from tanker

A judge has lifted an order for marshals to seize disputed crude if it’s brought to U.S. waters from a tanker anchored off Galveston, but it’s unlikely the crude will reach port anytime soon.  More »

Crude falls on prospects for rising supplies

Oil for October delivery declined 30 cents to close at $93.35 a barrel.  More »

Drillers in Colorado especially mindful of the neighbors

Producers are finding ways to centralize oil field operations in a bid to boost efficiencies, cut costs and minimize disruptions for residents in the populous Colorado Front Range.  More »

Kansas town loses bid for new trial over BP pollution suit

The Kansas Court of Appeals on Friday rejected the request from residents and officials of Neodesha, who sued in 2004 for more than $478 million in cleanup costs plus damages.  More »

Ending ban on oil exports would mean cheaper gasoline, energy executive says

ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.  More »

Enbridge avoids U.S. review with plan to boost oil sands flow

The State Department, responsible for approving cross-border energy projects like the Alberta Clipper and the proposed Keystone XL line to the U.S. Gulf Coast, said in a statement that Enbridge can go forward with its plan under authority granted by previously issued permits.  More »

Iraqi, Kurdistan lawyers face off in U.S. court over stranded tanker’s oil

An international oil dispute played out in U.S. courts on Friday, as the Kurdish Regional Government faced off against Iraq over a disputed tanker of Kurdish crude that’s been languishing off Galveston’s coast for nearly a month.  More »

Brent crude has traded within $5 for 13 months, report says

Despite a recent drop, the Brent spot price for crude oil has had a remarkably stable price for just over a year, according to a government report.  More »

Plains All American to build pipeline from Cushing to Memphis

Houston-based Plains All American Pipeline LP said Thursday it plans to build a pipeline that would deliver as much as 200,000 barrels a day of crude oil to Valero’s Memphis plant when it’s completed in late 2016.  More »

Expo presents lots of talk about Permian land, but not much of it

The nation’s top oil producer is attracting more than a few glances from operators not already established in West Texas, but companies with exclusive and lucrative Permian acreage are holding on tight.  More »
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