U.S. Offshore

News
November 21, 2019
The U.S. Energy Information Administration revises the U.S. crude oil production forecast it publishes in each Short-Term Energy Outlook based mainly on two factors: updates to EIA’s published historical data and EIA’s crude oil price forecast.
News
November 20, 2019
California intensified its battle against fossil fuels by seeking independent reviews of all pending hydraulic fracturing permits and halting approvals of a key production technique in an area that has pumped crude for more than a century.
News
November 19, 2019
The energy giant unleashed a torrent of criticism against New York Attorney General Letitia James in court filings Monday, more than a week after the state sought to drop two out of four claims on the last day of a civil trial that has yet to be decided by the judge.
News
November 14, 2019
The practice of oil tankers turning off their location signals has increased in the past month, according to shipping data, after the U.S. went after a Chinese-owned shipping company it said was moving crude for sanctioned Iran.
News
November 14, 2019
Dallas Cowboys owner Jerry Jones is among the billionaires circling the distressed U.S. oil and gas patch, looking to pick up assets on the cheap at a time when the state of the industry is scaring off other investors.
News
November 13, 2019
About $83 billion of outstanding debt issued by explorer and producer companies in the U.S. and Canada is yielding at least 10%, the typical threshold for distressed debt.
News
November 13, 2019
When New York’s climate change lawsuit against Exxon Mobil went on trial last month in a Manhattan courtroom, the energy giant’s lead lawyer took great pains to emphasize that the state’s allegations weren’t really about climate change.
News
November 12, 2019
Late last week, on Day 2 of its annual meeting and 90th anniversary, the Independent Petroleum Association of America (IPAA) heard from the respective heads of the EPA and FERC on how Trump administration policies are benefitting both the nation and the upstream oil and gas industry.
News
November 08, 2019
Oil erased an early loss Friday, capping a weekly gain as investors shrugged off a comment by President Donald Trump that the U.S. hasn’t agreed to fully roll back tariffs with China.
News
November 08, 2019
Celebrating its 90th anniversary, the Independent Petroleum Association of America (IPAA) kicked off the first day of its annual meeting Thursday, with two Capitol Hill insiders sorting out the issues for attendees, along with predictions of a tough 2020 election.
News
November 08, 2019
French oil giant Total SA said it won’t renew its membership of a key industry lobby group because the organization’s stance on climate issues doesn’t align with its own.
News
November 07, 2019
A lawyer for Exxon Mobil said New York’s fraud lawsuit against the oil giant was a “joke” and that the state had falsely accused engineers and scientists of cooking up a scheme to mislead investors about the financial risks of climate change.
News
November 07, 2019
The move to Denver was widely anticipated because Suttles, a Texan, relocated his residence there in March 2018, though the company also has a major office in Houston.
News
November 07, 2019
A U.S.-led coalition created to secure sea lines vital to oil shipping in the Middle East formally launched operations in the most concerted international response yet to months of tensions in the region.
News
November 06, 2019
Chesapeake Energy Corp. collapsed to a 20-year low Wednesday, one day after the shale gas driller warned it may not be able to outlast low fuel prices and issued a “going concern” notice.
News
November 05, 2019
“Our members have made great strides in reducing their methane intensity, even as production and throughput increased; these numbers prove that natural gas can be a clean, sustainable fuel, meeting the energy needs of our country and around the globe for years to come," said Richard Hyde, executive director of ONE Future.
News
November 05, 2019
Oilfield Helping Hands will be host its Oklahoma Chapter Fall Sporting Clays Tournament on November 15, 2019, at Quail Ridge Sporting Clays, 2401 S. McLoud Rd., McLoud, Oklahoma 74851.
News
November 03, 2019
New York rested its securities-fraud case against Exxon Mobil after nine days of trial testimony without appearing to produce any definitive evidence that the oil company intentionally misled investors about how it accounted for climate-change risks.
News
October 31, 2019
The Keystone crude pipeline was shut Wednesday after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.
News
October 31, 2019
"A domicile in the United States will expose our Company to increasingly larger pools of investment in U.S. index funds and passively managed accounts, as well as better align us with our U.S. peers," said CEO Doug Suttles.
News
October 29, 2019
Reveal Energy Services announced the company has validated more than 10,000 hydraulic fracturing stages in the US and Canada with its simple, accurate, affordable pressure-based technology.
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