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Category: Production

News / Production

Keystone XL’s demise shifts crude oil shipments to railways

By Robert Tuttle on 2/24/2021 CALGARY (Bloomberg) –U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and …

News / Production

Exxon takes Canadian oil sands off its books in historic reserves revision

By Kevin Crowley on 2/25/2021 HOUSTON (Bloomberg) –Exxon Mobil erased almost every drop of oil-sands crude from its books in a sweeping revision of worldwide reserves to depths never before …

News / Production

U.S. shale no longer threatens OPEC, says Pioneer CEO

By Kevin Crowley on 2/24/2021 Pioneer Natural Resources CEO Scott Sheffield HOUSTON (Bloomberg) –Strong demand for crude oil and low growth rates from shale mean OPEC and its allies no …

News / Production

Exxon to sell down North Sea assets as focus narrows on key opportunities

By Doug Alexander and Simon Casey on 2/24/2021 (Bloomberg) –Exxon Mobil Corp. agreed to sell some assets in the North Sea for more than $1 billion as the company focuses …

News / Production

Oxy’s Permian output slump drives millions in midstream losses

By Kevin Crowley and Sheela Tobben on 2/24/2021 HOUSTON (Bloomberg) –The decline in Occidental Petroleum Corp.’s oil production in the Permian Basin has left the company with so much unused …

News / Production

Israel and Egypt discuss natural gas pipeline link

By Salma El Wardany and Mirette Magdy on 2/22/2021 Chevron’s Leviathan project, offshore Israel (Bloomberg) –Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, …

News / Production

Texas Alliance: Last week’s rare cold weather stressed the power grid, but gas wasn’t the culprit

By Texas Alliance of Energy Producers on 2/22/2021 (Editor’s note: What follows is a combination op-ed/analysis piece from the largest oil and gas producers’ association in Texas) click to enlarge …

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MKL Supply Features

  • Namur Bracket MKLN803020-304 $15.50
  • 48" Gauge Glass Guard $23.00
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Broken Arrow, OK
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