Crude Oil
PetroChina, Rosneft leave Venezuela refining projects
Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuela’s Cardón and Amuay refineries for PDVSA, according to ...
EPA reworking rules on methane leaks, coal ash
The U.S. Environmental Protection is reworking former President Obama-era rules on methane emissions from new oil and natural gas wells and other facilities, Kallanish Energy reports. The agency is also ...
Oklahoma earthquake totals in 2017 drop
The number of magnitude 3 or greater earthquakes in Oklahoma has dropped significantly in 2017, according to state regulators. The Oklahoma Geological Survey reports the state has had 294 quakes ...
Total breaks production record in first quarter
French oil major Total reached record production in the first quarter of 2018, posting 5% growth year-over-year, despite the expiration of the Mahakam permit in Indonesia, Kallanish Energy reports. The ...
Venezuela’s crude exports down 27.2% y-o-y in Feb.
Venezuela’s crude oil seaborne exports dropped 27.2% year-over-year in February, as the country struggles to keep production levels from falling due to natural declines and underinvestment, Kallanish Energy learns. Data from UK’s ...
Billionaire oilman Hildebrand resigns as Hilcorp CEO
Hilcorp Energy, one of the largest privately-held producers in the U.S., announced its billionaire owner, Jeff Hildebrand, has stepped down as CEO, but will remain as executive chairman. “The organizational change ...
Hilcorp plans $285M Alaskan investment in 2018
Hilcorp is planning to spend roughly $285 million in Alaska during 2018, the oil and gas producer’s operations manager Chad Helgeson said earlier this month. This investment ...
Scotland outpaces UK on ban of fossil fuel cars
The government of Scotland announced Tuesday it plans to ban new gasoline and diesel cars by 2032 – eight years earlier than proposals made by the UK’s Westminster government, ...
Pennsylvania fines WPX $1.2M for 2012 water contamination
The Pennsylvania Department of Environmental Protection announced WPX Energy Appalachia has agreed to pay a $1.2 million fine for oil and gas violations that impacted groundwater and private water supplies in ...
Shell completes divestment of Canadian oil sands assets 🔓
Royal Dutch Shell said Wednesday it completed the $9.45 billion sale via three Canadian units and two deals of all its Canadian in-situ (in-ground) and undeveloped oil ...