In 2020 and 2021, more than 2,000 miles of new liquids pipelines were brought into service, according to our Liquids Pipeline Projects database. Several of these recent infrastructure projects were dedicated to transporting a mix […]
In 2020 and 2021, more than 2,000 miles of new liquids pipelines were brought into service, according to our Liquids Pipeline Projects database. Several of these recent infrastructure projects were dedicated to transporting a number […]
March 2, 2022 Source: U.S. Energy Information Administration, Petroleum Supply Monthly (PSM)Note: PSM refining district level production data are allocated to proximate production basins. In 2020 and 2021, more than 2,000 miles […]
International crude oil prices shot above USD 110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in […]
Chevron Corp. said any short-term efforts by the Biden Administration to ease crude prices should be backed up by long-term commitments to support investment in America’s domestic oil industry. President Joe Biden is considering releasing […]
On Monday, in a statement, CEO Ben van Beurden detailed the emotional decision. “Our decision to exit is one we take with conviction,” said van Beurden. “We cannot – and we will not – stand […]
The Switzerland-registered owner of the Nord Stream 2 natural gas pipeline project could file for insolvency in a Swiss court as soon as this week, following the U.S. sanctions over the Russian invasion of Ukraine, […]
Crude oil’s rally continued unabated today even after the United States and several of its international allies said they may release oil from their reserves in response to the high prices. Reuters reported that the United States […]
In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline […]
Ok, being an oilman all of my life, I have never seen a pricing matrix mess like the one the world is facing now. OPEC had lost its iron fist control over pricing, and only […]
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