Category: Production

Ambassador: Colombia won’t be deterred by attacks on oil infrastructure

Colombia’s ambassador to the United States said the country is not experiencing a dramatic decline in energy production this year despite rebel attacks on oil and gas pipelines and facilities.  More »

University Fund gets a boost from Texas oil production

A fund that directs state oil royalties to Texas A&M and the University of Texas is approaching $1 billion in revenue for this year.  More »

More Nuggets on the US Energy Boom

I didn’t intentionally seek out these nuggets on  the US energy boom – especially so quickly after my recent involvement with Miley and Mr Bieber - but they were just conveniently there. Fast food if you like. As crude oil production hits a new 28-year high and natural gas continues to achieve higher and higher record levels of […]  More »

Workshops on reporting problems set for Eagle Ford

The Laredo-based nonprofit Rio Grande International Study Center and the Environmental Defense Fund plan five free workshops in the Eagle Ford Shale region to teach residents and workers what to do if they have concerns about oil and gas development.  More »

Influence game: Shaping railroad safety rules

Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.  More »

Near spill, reservation wrestles with oil’s impact

For many Native Americans on Fort Berthold Indian Reservation — a land that accounts for 300,000 of the 1 million barrels of oil produced by North Dakota daily — there is a difficult balance between the potential prosperity that oil and gas development can bring and the preservation of a land considered by cultural and religious tradition to be sacred.  More »

Oil demand up fastest since 2010 on China, IEA says

Global oil demand will rise at the fastest pace in five years in 2015 as China leads gains in emerging economies, the International Energy Agency said.  More »

Oxy names leadership team for California spinoff

Occidental Petroleum Corp. today named two of its executives who will run California Resources Corp., a spinoff company that will focus on oil and gas exploration and production in California.  More »

Rallying Permian beats anew as heart of Texas oil

The Permian Basin, which helped define the Texas oil business for 50 years then hit the skids, is back big-time, and a new government report makes the point.  More »

Private equity firms merge energy assets to create Barnett operator

Two private equity firms will combine their energy assets to form a new oil and gas operator that will have a big presence in the Barnett Shale.  More »

Moody’s: Iraqi violence isn’t likely to affect oil company credit ratings

Sectarian violence in Iraq probably won’t affect credit ratings of major oil companies operating there, Moody’s Investors Services predicts.  More »

Texas oil production set to top No. 2 OPEC country

Texas now is pumping 36 percent of the nation’s oil, more than doubling its production in three years, according to new federal data.  More »
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