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

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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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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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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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U.S. natural gas production reaches a new record despite low prices – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, according to estimates from IHS Markit. Natural gas production also set a new monthly record in August, averaging more than 91 Bcf/d for the first time. In the […]

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Enbridge Energy Conducting Surveys For Potential Reroute Of Line 5 Pipeline | Wisconsin Public Radio

Enbridge Energy is requesting permission from residents and local governments to conduct land surveys in northern Wisconsin as it explores rerouting its Line 5 pipeline outside of the Bad River tribe’s reservation. Line 5 carries up to 540,000 barrels of oil and natural gas liquids per day from Superior to Sarnia, Ontario. On Thursday, an […]

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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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COLUMN-Asia’s imports of U.S. crude hit record, but pullback likely: Russell – Reuters

Asia’s crude oil imports from the United States climbed to a record in August, but that may be as good as it gets for some time – and it’s not just the escalating trade war between Washington and Beijing to blame. — Read on http://www.reuters.com/article/column-russell-crude-usa-asia/column-asias-imports-of-u-s-crude-hit-record-but-pullback-likely-russell-idUSL3N25U1CC

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