WASHINGTON, D.C. -- U.S. Sen. Lisa Murkowski (R Alaska) has applauded the U.S. Department of Commerces confirmation that the agency did in fact issue a cross-border oil exchange license with Mexico. I welcome the Department of Commerces app......【More】
2015-11-20SAN ANTONIO, Texas -- San Antonio-based Petro Waste Environmental LP (PWE) today announced the Railroad Commission of Texas (RRC) has issued the company its first permit to operate a non-hazardous oil and gas waste landfill in Howard County......【More】
2015-11-19MUELLHEIM, Germany -- Approved Saudi Aramco vendor status, strong technical support and strength in after-sales service were key reasons for the selection of AUMA valve control devices at the Al Wasit Gas Program, Saudi Aramcos development......【More】
2015-11-18DAVID WETHE and DAN MURTAUGH HOUSTON (Bloomberg) -- The worst oil market in decades would be hard to spot in West Texas, where two-lane county roads are still jammed with trucks and energy companies are on the prowl for deals. The Permian b......【More】
2015-11-17LUCA CASIRAGHI and MIKAEL HOLTEROSLO, Norway (Bloomberg) -- Pareto Securities AS is among banks targeting debt funds and private-equity firms to buy oil rigs at firesale prices to hold until demand for offshore-drilling rebounds, according......【More】
2015-11-16GRANT SMITH VIENNA, Austria (Bloomberg) -- Surplus oil inventories are at the highest level in at least a decade because of increased global production, according to the Organization of Petroleum Exporting Countries. Stockpiles in developed......【More】
2015-11-13NAOMI CHRISTIE HOUSTON (Bloomberg) -- OPECs latest challenge to U.S. shale oil producers would be about two miles long, lined end to end, and weigh almost 3 million metric tons. Its due to reach American ports this month. Iraq, the fastest-......【More】
2015-11-12NEW ORLEANS -- As director of Rice Universitys Baker Institute for Public Policy, and a veteran diplomat who served in eight U.S. administrations, Edward Djerejian has a long track record of watching, analyzing and dealing with dozens of fo......【More】
2015-11-11HOUSTON -- Marathon Oil Corp. has signed an agreement for the sale of its operated producing properties in the greater Ewing Bank area and non-operated producing interests in Petronius and Neptune fields in the Gulf of Mexico for $205 milli......【More】
2015-11-10DUBAI (Bloomberg) -- Oil demand will soon reflect the attractiveness of the current level of crude prices, and Asia will be a vital engine of economic expansion for decades, Saudi Oil Minister Ali al-Naimi said. OPECs chief joined him in se......【More】
2015-11-09