Category Archives: Industry News

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US crude stockpiles declined by 5.9 million barrels last week, beating analyst expectations for a 3.7-million-barrel plunge,  –More– 

Pioneer Natural Resources Chairman Scott Sheffield urged OPEC to raise daily production by about 1 million barrels per day to –More– 

Oil traders don’t see the threat of a 25% Chinese tariff on the roughly $1 billion per month worth of crude oil shipped from  –More– 

The Federal Energy Regulatory Commission upheld approval of the Mountain Valley Pipeline, a natural gas pipeline from West Vi –More– 

A planned oil refinery in North Dakota cleared a major hurdle after state officials concluded it would not produce significan –More– 

Enbridge is considering replacing a 4.5-mile section of pipeline between the US and Canada through the Great Lakes, and a rep –More– 

Cox Oil has agreed to buy troubled offshore driller Energy XXI Gulf Coast in a $322 million deal that is expected to close in –More– 

The next bottleneck to hit the shale sector could form at the Port of Corpus Christi in Texas unless port officials expedite  –More– 

Pennsylvania’s Public Utility Commission on Thursday authorized Energy Transfer Partners to restart operations on its Sunoco  –More– 

West Texas Intermediate’s discount to global benchmark Brent could widen further as infrastructure constraints emerging near  –More–