Ineos ethane cargo loaded up in US for journey to Norway
Ineos and Enterprise Products Partners said the first cargo of ethane to be exported from a Texas terminal has been loaded.
US
Airport roads to shut for nuclear-waste flights to the US
Roads around Wick Airport will be regularly shut over the next 18 months so nuclear waste can be flown to the United States.
Opinion: Why Wall Street Is Throwing Billions At The Permian
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
Colorado drillers dodge $10billion-a-year threat to output
Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. have escaped a vote in Colorado that would have limited drilling and threatened to halt about $10 billion worth of oil and natural gas production a year.
BP, Shell secure facilities and evacuate staff amid Gulf of Mexico storm
BP and Shell have started securing facilities and evacuating non-essential personnel from drilling rigs and platforms in the US Gulf of Mexico.
Tesla Motors wins US antitrust approval to buy SolarCity
Tesla Motors said it has won US antitrust approval to buy solar panel installer SolarCity Corp.
Activist investor ramps up attack on US pipeline giant Williams
Less than two months after failing to oust Williams Cos.’s CEO and resigning as a director for the company, activist investor Keith Meister is broadening his attack on the pipeline giant. Now, he wants the entire board replaced.
Oil tanks to give way to $500m California beach resort
A former oil-tank farm with views of the Pacific Ocean in Southern California will be cleaned up and converted into a resort under a $500 million plan by the real estate firm that purchased the property.
First US offshore wind farm nears completion
Deepwater Wind is on the verge of completing the first offshore wind farm in U.S. waters, a milestone for an industry that has struggled for a more than decade to build in North America.
New supply from Australia and US to boost LNG market
The market for liquefied natural gas is about to attract more players and more trading as new supply from the US and Australia strengthens buyers’ bargaining power.
Australian duo team up on California gas project
Conventional oil and gas explorer Sacgasco has farmed out a working interest in its US onshore assets to another Australian company.
Oil drillers bring back rigs in longest streak since 2014
U.S. oil producers added rigs for the seventh week in a row, the longest period of expansion since the final days of the drilling boom in early 2014.
Opinion: The latest evolution of the US gas market
Despite a particularly mild winter, the US power market used 2.2tcf of gas between December and February, an increase of over 10% on the previous year. So what’s driving the growth in gas demand?
Chinese energy firm linked to Hinkley facing nuclear espionage charges
A Chinese energy company set to invest in the UK's Hinkley Point Nuclear power station is allegedly facing charges of nuclear espionage in the US, according to reports.
US, UK and other nations warn over rising Libyan tensions
The US and a host of other companies have expressed concern over reported rising tensions in Libya which could harm the country's energy infrastructure.
Trump’s stock investments reveal cash in Phillips 66, GE
Republican Presidential candidate has been revealed to have a number of stock investments In energy companies.
Removing tax preferences in the US would increase global price of oil by 1% by 2030
A new discussion paper has claimed removing tax preferences in the US could increase the global price of oil by 1% by 2030.
First shipments of US shale expected in Scotland within weeks
The first shipments of shale gas imports from the US are expected to arrive in Scotland within weeks, according to reports.
SM Energy to buy US explorer Rock Oil for $1bln
Private equity firm Riverstone Holdings is selling US-based oil and gas exploration company Rock Oil. In an update on the London Stock Exchange (LSE), energy-sector-focused Riverstone said it expects the sale of Rock Oil to SM Energy to generate gross cash proceeds of $237million. Denver-headquartered SM Energy said the purchase price was $980million.
Statoil suing US county for hanging on to tax overpayments – report
Statoil is taking a county in West Virginia to court over its refusal to refund property tax overpayments totalling £270,000, a news report said. A Statoil spokesman was quoted as saying a “clerical error” had led to the overpayment. Marshall County commissioners voted against returning the money in a 2 to 1 decision in June.
Oil trades near $42 as US drilling gains sixth week amid glut
Oil traded near $42 a barrel as U.S. drilling increased at the fastest pace in almost a year.
Oil declines as dollar advances on strong US employment data
Oil fell as the dollar rebounded on strong jobs data, reducing the appeal of investments in commodities.
Devon Energy posts unexpected profit
Devon Energy posted an unexpected quarterly profit as it narrowed its net loss through drastic cost cuts to both labour and supply expenses.
ConocoPhillips makes net loss of $1.1bln
ConocoPhillips said it made a net loss of $1.1billion compared with a loss for the same time last year of $179million.
Shell to cut Gulf of Mexico workforce by more than 150 jobs
Oil major Shell plans to reduce its headcount in the Gulf of Mexico by more than 150 offshore jobs in the Gulf of Mexico.