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U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal

NEW YORK (Reuters) — A U.S. District Court on Monday ordered Energy Transfer LP to shut and empty the largest pipeline from the North Dakota shale oil fields within 30 days, in a big win for the Native American tribes who have fought the line’s route across a crucial water supply.  Energy Transfer’s 570,000 barrel-per-day […]

Read More U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal

U.S. Shale’s Blows Leave Middle East Oil Producers Staggering

A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties. When processed, these grades typically yield a higher amount of fuels like gasoline and naphtha. Light oil pumped in U.S. shale fields is increasingly making — Read on finance.yahoo.com/news/u-shale-apos-blows-leave-063738822.html

Read More U.S. Shale’s Blows Leave Middle East Oil Producers Staggering
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U.S. could become net exporter of petroleum by 2022 – ExpressNews.com

The United States could become a net exporter of petroleum in less than five years, the first time the country would achieve such a feat since at least 1949, according to a new report. The shift from importer to exporter is driven by the surge in U.S. oil production that has followed the unlocking of […]

Read More U.S. could become net exporter of petroleum by 2022 – ExpressNews.com
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U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters

If OPEC thought the 26 percent drop in oil prices since October might rein in U.S. shale production like the last sharp drop did four years ago, it might have to think again.  U.S. shale firms are more profitable than ever after a strong third quarter, according to a Reuters analysis of results for 32 […]

Read More U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters
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Happy 10th Anniversary To The Eagle Ford Shale | Forbes

On Friday, Secretary of Energy and former Texas Governor Rick Perry traveled to San Antonio to participate in the Shale-a-Thon, the celebration of the 10th anniversary of the completion of the first successful horizontal oil well into the Eagle Ford Shale formation.  That first well, drilled by Petrohawk Energy (later acquired by BHP Billiton), was announced on […]

Read More Happy 10th Anniversary To The Eagle Ford Shale | Forbes