The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season’s first looming disturbance in the area. Visit Oilfield1 Shop The storm, which would be named Barry if it continues to […]
U.S. oil production surpassed 12 million barrels a day in April, further extending the nation’s record output during the fracking boom, the U.S. Energy Information Administration reported Monday. Texas Oilfield Caps 🔥🔥🔥 The 12.2 million barrels a day mark comes less than a year after the United States […]
Oil had its worst reaction to an OPEC meeting in more than four years, with prices sliding just after the cartel agreed to prolong production curbs as fears about the global economy mount. Oilfield1 Caps 🔥🔥🔥 Futures closed down 4.8% in New York, the steepest decline since May […]
Everyone who watches WTI crude oil prices knows this is a really good thing for our industry. In the last couple months oil prices dropped over $10 almost falling below $50 a barrel. Oilfield1 Caps 🔥🔥🔥 Oil prices are very fragile and can change direction at any time. […]
More American crude is pumping through U.S. refineries, helping to boost crude oil distillation capacity rates to a nearly 40-year high earlier this year, according to the Energy Department. American Oilfield Caps 🔥🔥🔥 Crude oil distillation capacity rates are based on an operator’s estimate of the input that […]
With the Port of Corpus Christi expected to become the nation’s top crude oil export hub over the next decade, now is a good time to buy or sell a crude oil export terminal along the South Texas waterway, industry analysts said. Visit Oilfield1 Shop 🔥🔥🔥 Flint Hills […]
A state district court judge has tossed out a lawsuit that sought to stop a Kinder Morgan pipeline from being routed through the Texas Hill Country. Oilfield1 Caps 🔥🔥🔥 In a Tuesday afternoon decision, Judge Lora Livingston with the 261st State District Court in Austin dismissed all claims […]
We are happy to announce that Oilfield1.com has reached a major milestone and has surpassed the 1 million page view mark. Oilfield1 Caps 🔥🔥🔥 In just a few short years Oilfield1.com has quickly grown to become one of the best known sites for oilfield news, information, business marketing […]
Two years ago, compensation for Houston’s wealthiest executives declined. Houston’s largest companies were roiled by the worst oil bust in a generation. Earnings fell, stock prices tanked and total compensation for chief executive officers, which include assets dependent on stock prices, actually fell in 2016. Awesome Oilfield Caps […]
Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes against Iran left Middle East tensions simmering with the endgame uncertain. American Oilfield Caps 🔥🔥🔥 Crude futures rose in New York on Friday to complete a 9.4% rally […]
