Category Archives: Industry News

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Analysts polled by Reuters estimate that US crude inventories likely climbed by 1.5 million barrels last week, marking the th –More– 

The shale revolution has helped the US become one of the world’s biggest producers of natural gas liquids, with output of ove –More– 

Halliburton added 700,000 horsepower to its pressure pumping fleet in the past year, bringing its total capacity to more than –More– 

The Energy Department said it’s putting up for sale 7 million barrels of sweet crude oil from the 666.5-million-barrel Strate –More– 

Royal Dutch Shell has partnered with private equity firm Blackstone to submit a $10 billion joint bid for BHP Billiton’s US s –More– 

Hess CEO John Hess believes US shale output will continue to grow and come to account for the bulk of new global oil producti –More– 

Devon Energy has reached a deal to sell part of its Barnett Shale assets in Texas to an unidentified buyer for $553 million.  –More– 

Occidental Petroleum’s Ingleside terminal at the Port of Corpus Christi in Texas will undergo a capacity expansion from 300,0 –More– 

Chevron is considering selling a stake in its Kitimat liquefied natural gas project in British Columbia, Canada, either to a  –More– 

Cheniere Energy on Monday sent the first cargo of US liquefied natural gas to India as part of a 20-year contract to supply 3 –More–