RSS THE SOURCE: Oil & Gas

  • Oil traders hunt for shale’s pain threshold: Kemp June 21, 2017
    Crude prices are likely to remain under pressure until there are signs the number of rigs drilling for oil in the United States is stabilising or reversing lower. U.S. exploration and production firms have hired 530 extra drilling rigs since the end of May 2016 – 431 to target oil and 99 to focus on […]
  • Rocky Flats Made Nukes. Then It Made A Mess. Now It's About To Become A Public Park. June 21, 2017
    function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); ROCKY FLATS, Colo. ― Plutonium, named for the Roman god of the underworld and the dwarf planet at the edge of the solar system, is one of the world’s most dangerous elements. Inhaling just one particle will bombard internal organs, particularly the lungs and liver, with harmful alpha […]
  • Disrupting ISIL Financing June 21, 2017
    The United States is determined to disrupt the illicit flow of money from the trade of oil and trafficking of antiquities to the terrorist group Islamic State of Iraq and the Levant, or ISIL. The United States is determined to disrupt the illicit flow of ...
  • Interior Secretary Advocates For Cutting Up To 4,000 Jobs At Agency June 21, 2017
    WASHINGTON — Thousands of federal workers at the Interior Department could soon find themselves out of a job as the Trump administration looks to reorganize the agency and cut its funding by 12 percent.  In written testimony submitted Tuesday to the Senate Committee on Energy and Natural Resources, Interior Secretary Ryan Zinke noted that President Donald Trump’s 2018 […]
  • Interior head says public lands can make U.S. a ‘dominant’ oil power June 20, 2017
    Boosting drilling and mining on America’s protected federal lands can help the United States become not just independent, but “dominant” as a global energy force, according to Interior Secretary Ryan Zinke, whose agency manages about one-fifth of U.S. territory. In an interview with Reuters, Zinke outlined his approach to development and conservation in America’s wildest […]
  • Oil Prices Get Tiny Reprieve As API Reports Modest Crude Draw June 20, 2017
    The American Petroleum Institute (API) reported a draw of 2.72 million barrels in United States crude oil inventories, compared to analyst expectations that the EIA would report a 2.0-million barrel draw for the week ending June 16. This week’s inventory draw almost completely offsets last week’s API-reported crude inventory build of 2.75 million barrels. Oil […]
  • Rice Energy Purchase Makes EQT Biggest U.S. Natural Gas Producer June 19, 2017
    Pittsburg-based EQT Corp confirmed the purchase of Rice Energy for a $6.7 billion sum on Monday – a union that would create the largest natural gas producer in the United States, according to a new report by Argus Media. The board of directors of both EQT and Rice have approved the transaction, but shareholders will […]
  • Oil falls to seven-month low on more signs of growing crude glut June 19, 2017
    Oil prices fell about 1 percent on Monday to a seven-month low as market players saw more signs that rising crude production in the United States, Libya and Nigeria undercut OPEC-led efforts to support the market with output curbs. “We’re seeing more tankers used for storage and more crude from West Africa and Europe being […]
  • What’s Wrong With The U.S. Oil Export Boom June 19, 2017
    The lead editorial in Friday’s Wall Street Journal was pure energy nonsense.’ “Lessons of the Energy Export Boom” proclaimed that the United States is becoming the oil and gas superpower of the world. This despite the uncomfortable fact that it is also the world’s biggest importer of crude oil. The Journal uses statistical sleight-of-hand to […]
  • Collected Department Releases: Previewing the U.S.-China Diplomatic and Security Dialogue June 19, 2017
    Special Briefing Susan Thornton, Acting Assistant Secretary of State for East Asian and Pacific Affairs Via Teleconference June 19, 2017 MS NAUERT: Hi. Good morning, everyone, and thanks for joining us for a preview today of the U.S.-China Diplomatic and Security Dialogue that will take place at the State Department on Wednesday of this week. […]
  • Oil prices pause after sharp falls June 19, 2017
    LONDON (Reuters) - Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting production.
  • Patagonia's CEO Is Ready To Lead The Corporate Resistance To Donald Trump June 18, 2017
    NEW YORK ― On a cloudy May morning, Rose Marcario, the chief executive of outdoor retailer Patagonia, stared out a second-story window of a Manhattan restaurant, watching construction workers jackhammer the street below. The workers made her think of her grandfather, an Italian immigrant who, after making it through Ellis Island in the 1920s, got […]
  • Foreign Carmakers Invoke Reagan To Sway Trump On Trade June 16, 2017
    function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); WASHINGTON ― President Donald Trump’s promises to radically rewrite American trade policy helped him win in the industrial Midwest, dealing a blow to the elite, business-friendly consensus on the issue. But thus far, Trump’s protectionist talk has been more bark than bite ― and now big businesses with a […]
  • Coal Market Set To Collapse Worldwide By 2040 As Solar And Wind Dominate June 16, 2017
    function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Coal-fired power is on pace to collapse in the United States and Europe over the next two decades, and will peak worldwide in nine years, according to a long-term forecast released on Thursday. Solar and wind energy, meanwhile, will dominate over the next 23 years, comprising nearly three-quarters […]
  • No Respite For Oil Prices As U.S. Rig Count Gains, Canada Adds 27 Rigs June 16, 2017
    The number of active oil and gas rigs in the United States rose again this week by 6—making 22 weeks of gains, continuing the longest growth streak in oil and gas rig increases since at least 1987, which is the earliest date that Baker Hughes Excel data is available. Last week, both the US and […]
  • Business Insider: There were 2 developments this week that could have huge consequences for Russia’s oil June 16, 2017
    Oil watchers have mostly focused on the Middle East and the United States in recent months, but this week saw two notable developments for the third major energy behemoth, Russia. Read more here. The post Business Insider: There were 2 developments this week that could have huge consequences for Russia’s oil appeared first on KyivPost.
  • Western Hemisphere: Press Availability at Conference on Prosperity and Security in Central America June 16, 2017
    Press Availability Rex W. Tillerson Secretary of State Mexican Foreign Secretary Luis Videgaray, Honduran President Juan Orlando Hernandez, Guatemalan President James Morales and El Salvadoran Vice President Oscar Ortiz Florida International University Miami, Florida June 15, 2017 MODERATOR: Welcome, everyone, to the Conference on Prosperity and Security in Central America. Bienvenidos a todos a la […]
  • Collected Department Releases: Press Availability at Conference on Prosperity and Security in Central America June 16, 2017
    Press Availability Rex W. Tillerson Secretary of State Mexican Foreign Secretary Luis Videgaray, Honduran President Juan Orlando Hernandez, Guatemalan President James Morales and El Salvadoran Vice President Oscar Ortiz Florida International University Miami, Florida June 15, 2017 MODERATOR: Welcome, everyone, to the Conference on Prosperity and Security in Central America. Bienvenidos a todos a la […]