RSS Oil & Gas News

  • EIA: Gulf Coast crude oil inventories reach record level April 17, 2014
    Crude oil inventories on the US Gulf Coast reached a record high of 207.2 million bbl on Apr. 11, as a result of the continuing strong crude oil production growth, the opening of TransCanada’s Marketlink Pipeline, and a drop in crude oil inputs at Gulf Coast refineries due to seasonal maintenance, according to the US Energy Information Administration. […]
  • MARKET WATCH: Crude oil prices mixed on likely Libyan exports, Ukraine talks April 17, 2014
    Brent crude oil prices climbed above $109/bbl on the London market Apr. 16 while crude oil prices gained only marginally on the New York market as world oil markets received mixed signals from international political news, analysts noted. […]
  • US gas reserve growth in 2013 was robust, AGA estimates April 17, 2014
    US natural gas producers added more than 35 tcf of reserves in 2013, the American Gas Association said in its latest annual preliminary estimate based on reported results by the 30 largest companies representing more than half of the total US production and reserves. […]
  • GAO report links changed US refining outlook to main causes April 16, 2014
    Higher North American crude oil production, shrinking product markets, and a pair of federal regulations have significantly affected the US refining outlook, the US Government Accountability Office said in an Apr. 14 report. […]
  • PEOPLE April 16, 2014
  • OTHER REGIONAL Briefs April 16, 2014
  • Range Resources boosts Marcellus shale production above 1 bcfd April 16, 2014
    Range Resources Corp. plans to further increase its production in the Marcellus shale in 2014 and has set a higher capital spending budget that will enable it to drill even longer laterals and utilize more completion stages at its Marcellus wells this year. […]

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