Russia has just sparked what may end up being among the ugliest oil price wars in recent history. And Saudi Arabia is firing back. As the two oil superpowers face-off, American oil companies may end up as the biggest victims. American Oilfield Caps Russian President Vladimir Putin announced […]
Democratic presidential front runner Bernie Sanders openly threatens the fossil fuel industry live on CNN. Oilfield1 Caps During a live interview with CNN following the democratic presidential debate in South Carolina. Democratic presidential front runner Bernie Sanders stated “the fossil fuel industry is worried & they should be […]
Rep. Alexandria Ocasio-Cortez (D-N.Y.), along with Rep. Darren Soto (D-Fla.) officially introduced a national fracking ban in the House. American Oilfield Caps The bill, announced at the end of last month, serves as a companion bill to the Senate legislation proposed by Sens. Bernie Sanders (I-Vt.) and Jeff […]
Citing substantial improvements in efficiency, Irving exploration and production company Pioneer Natural Resources plans to increase its drilling budget as other oil companies are shrinking theirs. Texas Oilfield Caps In a Wednesday afternoon statement, Pioneer said it made $756 million in 2019, a 22 percent drop from the […]
An order by a federal judge will allow Kinder Morgan to proceed with its construction plans of the Hill Country portion of its Permian Highway Pipeline. Texas AF Caps U.S. District Court Judge Robert Pitman of the Western District of Texas issued the order on Feb. 14, which […]
CORPUS CHRISTI, Texas — Emergency crews were called to the access road of I-37 at Buddy Lawrence Monday morning after reports of a loud boom and a huge fire roaring from a pipeline near the Citgo east plant. Texas AF Caps The City of Corpus Christi issued an […]
Clayton Williams, a legendary West Texas oilman, rancher and entrepreneur has died. TEXAS AF Caps Williams, 88, was surrounded by family in Midland when he died Friday of complications from pneumonia, according to the Midland Reporter-Telegram. Often described as the last of the state’s iconic wildcatters, Williams was […]
A second person has died after an explosion at an oil ring in Burleson County. Texas Oilfield Caps According to Chesapeake Energy Corporation, who owns the wellsite, a fire was reported around 3:30 p.m. Wednesday. At the time of the incident, workover operations were being conducted. Caldwell Fire […]
A jury has found a Houston-based company 10% responsible for a January 2018 explosion and fire that killed five men. Badass Oilfield Caps 👇🏽👇🏽👇🏽 The Pittsburg County jury on Monday ordered National Oilwell Varco to pay $1 million each to the estates of Josh Ray of Fort Worth, […]
One contractor has died and three others have been taken by helicopter to hospitals in Houston and Austin following an oil well blowout in Burleson County. Texas AF Caps That’s according to a spokesman for Oklahoma City-based Chesapeake Energy. The deadly blowout occurred on the company’s worksite Wednesday […]
