A coalition of environmental groups on Wednesday sued the Biden administration over its approval of oil and gas lease sales in four Western states. The lease sales in Montana, Nevada, North Dakota and Utah mark the first […]
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.8 million barrels from the previous week. At 415.6 million barrels, U.S. crude oil inventories are about 13% below the five […]
HOUSTON — Chevron says it’s willing to pay its employees who are willing to relocate to Houston. The U.S. oil company is planning to sell its headquarters located at Chevron Park in San Ramon, California, so it can […]
ENB Publishers Note: Purely my opinion, but I don’t buy this for a SECOND. All I needed to know is who ran the poll…as always, I will let the readers decide… Despite high inflation, 66 […]
(Reuters) The Texas Railroad Commission (RRC), which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year. The […]
One benefit of hosting a podcast is visiting with industry experts in all facets of the energy space. Today is no exception as I sit down with Chris Atherton, CEO, EnergyNet the oil and gas […]
Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity outages limit operators’ ability to […]
Pioneer Natural Resources Corp. chief executive officer Scott Sheffield got to the point within 40 seconds of starting his formal remarks at an investor conference hosted by JPMorgan. “We’re [Pioneer] only going to grow 5% […]
HOUSTON, June 27 (Reuters) – U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 6.9 million barrels in the week to June 24, according to data from the Department of Energy. Stockpiles in […]
Oil well re-fracking is on the rise in the United States. Re-fracking of existing shale wells can cost up to 40 percent less than drilling a new well. Re-fracking could also help U.S. shale drillers […]
Copyright © 2025 | Sandstone Group