News

10.10.18

Oil industry, green groups join to oppose Trump's ethanol plan

Trump on Tuesday directed the EPA to craft a regulation that would allow for sales of E15 year-round. It's currently prohibited during the summer months due to air pollution concerns

 

10.10.18

Hurricane Knocks Out 42% Of US Gulf Of Mexico Oil Output

Companies turned off daily production of 718,877 barrels of oil and 812 million cubic feet of natural gas... Despite the fall in output, U.S. crude futures settled down more than 2%.... reflecting the declining importance of Gulf of Mexico output due to burgeoning growth from onshore shale fields.

 

10.09.18

Natural gas here to stay beyond energy transition, Big Oil says

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.

 

10.09.18

Goes together like oil and vaping? Unusual Florida ballot measure links offshore drilling and e-cigarettes

Both questions will appear on a single ballot measure next month proposing a state constitutional amendment.

 

10.09.18

Hurricane Michael prompts evacuations

Operators had moved workers off 10 production platforms as of midday Oct. 8 as Hurricane Michael entered the Gulf of Mexico

 

10.01.18

API Applauds Trilateral Trade Agreement Between Canada, Mexico, And the United States

"Having Canada as a trading partner and a party to this agreement is critical for North American energy security and U.S. consumers..."

 

10.01.18

The Incredible Economic Opportunities of Offshore Energy Exploration

Based on current government projections, natural gas and oil will meet an estimated 60 percent of U.S. energy needs by 2040...

 

09.28.18

Lawmakers approve more money for Energy Department than Trump wanted - again

Earlier this month, Congress sent the White House a spending package that boosts funding for the Department of Energy by $974 million to a total of $35.5 billion.

 

09.25.18

API: US petroleum demand in August reached 20.8 million b/d

According the latest monthly statistics report from the American Petroleum Institute, US petroleum demand in August, led by motor gasoline, distillate, and refinery feedstocks, increased to 20.8 million b/d, up 250,000 b/d from July.

 

09.21.18

China imposes 10% tariff on US LNG

China's LNG tariffs, given the size of its market, could hinder development of a second wave of US LNG export projects...