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OPEC production well above quota for second month

Mon, May 25, 2015

Supply data out this week provide a useful reminder about behavior of the Organization of Petroleum Exporting Countries.

EIA: Crack spreads higher due to low oil prices, rising demand

Mon, May 25, 2015

Gasoline crack spreads in the US, especially on the East Coast, have reached several-year highs in recent months, according to a recent report from the US Energy Information Administration.

Total details revamp, conversion plan for French refineries

Mon, May 25, 2015

Total SA said it will spend €600 million to revitalize its refining business in France with projects that include an overhaul of the 220,000-b/d Donges refinery near Saint Nazaire, as well as a permanent shuttering of crude processing activities at the 153,000-b/d La Mede refinery on the French Riviera.

Court greenlights Chevron's Richmond refinery project

Mon, May 25, 2015

A California superior court has cleared the way for Chevron Corp. to proceed without further delay in executing its long-planned, $1-billion project to modernize operations at the company's 257,000-b/d refinery in Richmond, Calif.

EIA: Eagle Ford's Eagleville oil field largest in US

Mon, May 25, 2015

Watching Government: Asian Pacific potential

Mon, May 25, 2015

Determining the Asian Pacific's energy demand potential doesn't look difficult initially. Its economic growth is relatively strong, so it could be substantial.

Second Mid-Atlantic sale needed in next OCS plan, House panel told

Mon, May 25, 2015

The US Department of the Interior should schedule a second Mid-Atlantic Outer Continental Shelf oil and gas lease sale-and hold it earlier than in 2021-as it prepares its final 2017-22 OCS management plan, witnesses told a US House Natural Resources subcommittee.

ANGA urges US to scrap dual approvals for LNG export projects

Mon, May 25, 2015

The US could lose an important global opportunity if it doesn't move more quickly on its LNG export decisions, America's Natural Gas Alliance said in a new study.

Murkowski, Heitkamp introduce bill to end US crude oil export ban

Mon, May 25, 2015

US Sens. Lisa Murkowski (R-Alas.) and Heidi Heitkamp (D-ND) jointly introduced legislation that would end a 40-year ban on exports of crude oil produced in the US. Eleven more Senate Republicans cosponsored the measure.

Senate likely to vote on allowing crude exports in 2015, Hoeven says

Mon, May 25, 2015

Ending the US crude oil export ban will produce such significant energy, economic, and geopolitical benefits that it appears likely to come to a Senate vote during 2015, Energy and Commerce Committee member John Hoeven (D-ND) predicted.

Obama administration opposes Senate's trio of OCS leasing bills

Mon, May 25, 2015

The Obama administration opposes a trio of US Senate bills that propose establishing or increasing states' shares of federal oil and gas revenue from leasing and development off their shores, US Bureau of Ocean Energy Management Director Abigail Ross Hopper told the Senate Energy and Natural Resources Committee.

Managing oil supply

Mon, May 25, 2015

Supply management in the oil market has entered a new era. The transition will force oil and gas companies to improve their handling of price risk.

Canada's talent plans

Mon, May 25, 2015

The oil and gas industry has had to make some tough decisions over the last several quarters with slumping oil prices that have only in recent months shown some signs-however slight-of buoyancy.

OGJ Newsletter

Mon, May 25, 2015

International news for oil and gas professionals

Coast Guard cadets summoned to battle climatological foe

Fri, May 22, 2015

Confusion evident in President Barack Obama’s commencement address at the Coast Guard Academy raises a question bearing on American foreign policy: Is it possible the administration has let its obsession with global warming skew relationships with oil-producing allies?

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