North Dakota House defeats bill to increase oil extraction t... Grand Forks HeraldBISMARCK — The North Dakota House defeated a bill on Friday, Feb. 8, to increase the oil extraction tax, the second such proposal that has failed during this ... R …
U.S. oil rig count gains 7, Baker Hughes survey says Seeking AlphaThe total U.S. rig count rises by 4 to 1049, according to the latest weekly survey from Baker Hughes, after falling by 14 in the previous week. The count. Read more https://seekin …
OPEC Cuts? Rates Plunge? Oil Tanker Market to Shrug It All Off BloombergIt's never ideal if you own a fleet of crude tankers and the world's oil producers remove millions of barrels of cargo from the market to avert a glut. Nor is a ... Read mor …
Hess And Exxon Mobil Hit 2 More Oil Discoveries Offshore Guyana Seeking AlphaThe Stabroek block with an area of 26806 km2 located about 120 miles offshore Georgetown, Guyana, can be classified as one of the most prolific offshore oil ... Read mo …
What Crash? Big Oil Proves the Crude Price Is Just a Number BloombergThe crude market had its worst quarter in four years but you wouldn't be able to tell by looking at Big Oil's stellar earnings numbers. Read more https://www.bloomberg.com/news …
Libyan Commander Seizes Shuttered Oil Field The Wall Street JournalA Libyan general has seized the country's largest oil field, according to officials, cementing control over one of the North African nation's key economic resources ... Read more …
Exxon, Qatar Petroleum to expand LNG export plant in Texas ABC NewsExxon Mobil is making a big bet on the future of exporting natural gas. Exxon and Qatar Petroleum announced Tuesday that they will go ahead with a $10 billion ... Read more https …
U.S. oil production is 23 years ahead of schedule Houston ChronicleA year ago, the U.S. government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year. Read more http://www …
Taxpayers likely to pay £24bn for scrapping oil rigs Financial TimesBill to dismantle North Sea infrastructure could be higher, National Audit Office says. Read more https://www.ft.com/content/8670e752-1fe7-11e9-b126-46fc3ad87c65
Senate panel rejects ban on offshore oil drilling Roanoke TimesRICHMOND— A bipartisan bill to ban oil drilling off Virginia's coast was shot down on a 9-6 vote in a Senate committee Thursday. Read more https://www.roanoke.com/ap/state/senate-pan …