Industry News

Rise in Rail Shipments Points to Beginnings of Rebound in Canada
One of Canada’s railways is seeing signs the economy is bouncing back from the coronavirus pandemic.Volumes rose 4% at Canadian National Railway Co. in the last week of May as manufacturing and construction sectors....
At long last, new carbon capture project launches in Alberta
After more than a decade in the works, a new carbon capture project in Alberta is now operational with lofty goals of sequestering large amounts of emissions, while also helping to revitalize the oil industry in the....
Deadline approaches for OK Water Research grants
Those wanting to apply for water research grants offered by the Oklahoma Water Resources Center have only about two weeks remaining before a deadline. In a recent announcement, the Center said it is still accepting......
Carl Icahn gets more control over Occidental Petroleum
Carl Icahn, the man known as the “corporate raider,” won three seats on Occidental Petroleum’s board Friday, giving the billionaire activist investor greater control over the direction of the embattled Houston energy....
Oil Tankers Off Chinese Coast Signal Rapid Rebound
Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand. Two dozen or more crude-laden..
Crude Oil Has Best Month EVER
Crude oil just posted its best month ever after suffering its worst month ever, not that long ago. Crude oil in the July contract posted a monthly gain of +57%! Yes, you read that right, +57%, pushing the price of oil..
Micro-courses designed to re-employ energy workers, redirect sector
An eight-week online course designed to retrain energy sector workers displaced by COVID-19 is being offered this summer, and organizers hope it inspires young professionals to propel the oil and gas industry forward.
$1 billion carbon recapture plant proposed in North Dakota
It’ll take a $1 billion investment, but a company in North Dakota plans to build a record-setting carbon recapture plant. It’s the goal of Minnkota Power Cooperative located in Grand Forks, North Dakota which owns a coal
Green Shoots in the Natural Gas Market
It’s no secret that the oil market is in turmoil. COVID-19 related travel restrictions have destroyed oil demand and producers have struggled to deal with low (or even negative) pricing. Even the recent uptick above $30B
The Incredible Story of the US Army's Earth-Shaking, Off-Road Land Trains
You need to get 500 tons of supplies from Fairbanks, Alaska to the Arctic Ocean—a journey of about 400 miles through pure wilderness. There are no roads, very few airstrips, and endless ice. You're going to have.....
Can oilfield water safely be reused for irrigation in California?
A new study at Duke University and RTI International finds reusing oilfield water mixed with surface water to irrigate farms in the Cawelo Water District of California's Kern County does not pose major health risks.....
Oil Is Back — But, Post-Pandemic, Where Will It Come From?
U.S. President Donald Trump tweeted, “OIL (ENERGY) IS BACK!!!!” He’s right: oil is no longer being given away for free. For the first time since early April, benchmark prices have clawed their way above US$30 a barrel.
U.S. energy regulators authorize AGDC's proposed Alaska LNG project
The U.S. Federal Energy Regulatory Commission said Thursday it authorized construction and operation of Alaska Gasline Development Corp’s (AGDC) proposed $43.4 billion Alaska liquefied natural gas (LNG) export project.
First piece of disputed Keystone XL pipeline finished
TC Energy has built the first piece of the disputed Keystone XL oil sands pipeline across the U.S. border and started work on labor camps in Montana and South Dakota. But it has not resolved a courtroom setback
Biden says as President he would kill the Keystone XL pipeline
If Joe Biden becomes president, he will kill the Keystone XL pipeline project. It’s what he said earlier this week, explaining he would rescind the permit of the controversial project that is designed to move oil from
Port of Corpus Christi adding 17 million barrels of crude oil storage
The Port of Corpus Christi will have 17 million barrels of additional oil storage by August as record low commodity prices have producers desperate to find a place to store their crude until prices rise.In total, six...
Governor signs Oil and Gas Produced Water and Waste Recycling and Reuse Act into law
Legislation designating who owns and is responsible for wastewater resulting from oil and natural gas drilling operations was signed into law on Tuesday by Gov. Kevin Stitt. By Sen. Dave Rader, R-Tulsa, Senate Bill 1875
Alberta's new helium royalties could see rise of extraction industry
Alberta government leaders hope a new royalty structure for helium will buoy exploration and production of the inert gas within the province. Explorers have found huge deposits of nitrogen gas containing helium deep...
Total pipeline incidents drop by 17% from 2015 to 2019
Liquid pipeline incidents affecting people have declined 36% over the last five years, while pipeline mileage has grown by nearly 10% and barrels delivered increased nearly 35%, the data was included in a new report....
Survey: 20% of energy workers would take unpaid leave than return to office now
Some 2o percent of energy workers who have been working from home since mid-March say they would rather take unpaid furlough than risk returning to a physical office space at this time of the pandemic, according to ....