Railroad Commissioner Ryan Sitton invited to OPEC’s June meeting – Houston Chronicle

Railroad Commissioner Ryan Sitton invited to OPEC’s June meeting – Houston Chronicle — Read on m.chron.com/business/energy/article/Railroad-Commissioner-Ryan-Sitton-invited-to-15146887.php Advertisements

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Hilcorp Energy Flows Gas From Texas Gulf Coast Well | Hart Energy

Otto Energy CEO Matthew Allen now believes there is potential to significantly improve the “already large gas and condensate accumulation” in the Lightning Field onshore Texas in Matagorda County. — Read on http://www.hartenergy.com/news/hilcorp-energy-flows-gas-texas-gulf-coast-well-186099

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US Slaps Sanctions On Russian Oil Firm | Hart Energy

WASHINGTON—The United States on Feb. 18 ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major Rosneft that President Donald Trump’s administration said provides a financial lifeline to President Nicolas Maduro’s government. The U.S. Treasury Department imposed sanctions on Rosneft Trading SA, the Geneva-based trading unit of Rosneft, as Washington targeted […]

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Video: Fire erupts at ExxonMobil refinery in Louisiana | khou.com

ExxonMobil Baton Rouge posted on Twitter its fire crew had the blaze contained to the area where it occurred. — Read on http://www.khou.com/mobile/article/news/national/video-fire-erupts-at-exxonmobil-refinery-in-louisiana/285-38136bf6-bbe4-4dab-9648-d3f7fd94e9dc

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North America To Lead New Non-OPEC Oil Supply  | Rigzone

By 2040, even OPEC, which has long underestimated North American shale, has U.S. crude output going above 17 million b/d. — Read on http://www.rigzone.com/news/north_america_to_lead_new_nonopec_oil_supply-04-feb-2020-160976-article/

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Texas’ Biggest Oil And Gas Industry Group Accepts Role In Climate Change – Houston Public Media

Scientists have said for more than a century that emitting carbon dioxide by burning fossil fuels heats up Earth’s atmosphere. But, until recently, industry representatives and their political allies have avoided acknowledging the link publically. — Read on http://www.houstonpublicmedia.org/articles/news/energy-environment/2020/01/14/357367/texas-biggest-oil-and-gas-industry-group-accepts-role-in-climate-change/

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U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020 – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.php

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Halliburton cuts hundreds of jobs in the Rockies – Houston Business Journal

The oil field services company is seeing reduced activity in its Rockies customers, so 650 people in Colorado, Wyoming, New Mexico and North Dakota were affected. However, the company is offering the majority of them the option to move to other operating areas where it’s expecting higher demand, according to a company statement. “Making this […]

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Study details Permian’s role in reserves growth – Midland Reporter-Telegram

A deep dive into the nation’s oil and gas reserves and production recently was undertaken by Ernst & Young LLP, looking at reserve disclosure information from 2014 through 2018. That period ranges from the triple-digit prices of early 2014 through the crash to near $30 a barrel in early 2016 and the price recovery since […]

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Courting millennials, Shell, Phillips 66 turn to social media influencers – HoustonChronicle.com

When car enthusiast John Hennessey started a YouTube channel more than a decade ago, he just wanted his Sealy auto modification shop to keep up with the times. Fast forward 12 years and Hennessey’s social media presence has exploded to 340,000 YouTube subscribers and 1 million Instagram followers watching his mechanics modify high-end cars and […]

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