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The Texas industry produced 5.86 million barrels per day of crude oil in October 2024 – led by production in west Texas in the Permian Basi 2024: Another record-breaking year for Texas oil and ...
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The administration’s delayed recent 25% tariff on Canadian imports and 10% charge on natural gas and oil could offset tax cut benefits by raising production costs that companies may pass to ...
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Upstream is an independent oil and gas industry upstream sector weekly newspaper and a daily internet news site. The newspaper is owned by NHST Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry ...
The U.S. Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as 183 vessels that have shipped Russian oil, many of which are in the so ...
August 6 – A 12-inch crude oil pipeline, approximately 14 miles south of Grandfalls, Texas. About 8,400 gallons of crude were spilled. [37] October 4 – An Enable Gas Transmission (a subsidiary of Energy Transfer Partners) 24 inch gas pipeline exploded and burned, in Jessieville, Arkansas. There were no injuries, and the cause seemed to be ...
Energy portal; Crack spread is a term used on the oil industry and futures trading for the differential between the price of crude oil and petroleum products extracted from it. . The spread approximates the profit margin that an oil refinery can expect to make by "cracking" the long-chain hydrocarbons of crude oil into useful shorter-chain petroleum produc