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Coal Plant Retirements and High Summer Electricity Demand Lower Texas Reserve Margin

Source: U.S. Energy Information Administration, based on Electric Reliability Council of Texas (ERCOT) The Electric Reliability Council of Texas (ERCOT) , grid operator for most of the state of Texas, estimates a reserve margin of 11% for this summer—lower than previous years and ERCOT's 13.7 ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > United StatesUSEIA +6

Fieldfisher's ENR Team Advises on Largest Ever AIM Oil and Gas Acquisition

International law firm Fieldfisher has advised on the largest acquisition by an oil and gas company completed to date on London's Alternative Investment Market (AIM). The deal saw AIM-listed Diversified Gas & Oil PLC (DGO), a US-based gas and oil producer, acquire a network of producing assets in ...

OilVoice Press - OilVoice


Posted 1 year agoPress > AIMo&gOil +8

Highlands Natural Resources - Nitrogen Purity Over 99.59% Returned from Gas Samples in US

Gas Analysis Update for Kansas Nitrogen Project Highlands, the London-listed natural resources company, is pleased to announce that gas samples collected from the Barret 1-14B Well in Kansas during the company's flow tests on 21 June 2018 indicate initial nitrogen purity levels over 99.59%. The ...

OilVoice Press - OilVoice


Posted 1 year agoPress > gasHighlands Natural ResoucesUnited States +4

Hess Announces Sale of Utica Acreage

NEW YORK--(BUSINESS WIRE)--Jun. 29, 2018-- Hess Corporation (NYSE:HES) today announced that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effecti ...

OilVoice Press - OilVoice


Posted 1 year agoPress > HessHess CorporationNYSE +7

EIA Study Examines the Role of High-Voltage Power Lines in Integrating Renewables

Source: U.S. Energy Information Administration, High-Voltage Direct Current Transmission Report A new study commissioned by EIA examines the role of high-voltage direct current (HVDC) lines in integrating renewables resources into the electric grid. The review indicates that, although ap ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +3

US and Russia Dominate Global Capex on Planned Pipelines to 2022, Says GlobalData

The US and Russia will dominate global capital expenditure (capex) on planned major, trunk crude oil, petroleum products and natural gas pipelines during the outlook period 2018–2022, according to leading data and analytics company GlobalData. Canada, China and Nigeria will also be significant spen ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > United StatesUSRussia +5

EIA Expects 2018 Gasoline Prices Have Peaked

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update and Short-Term Energy Outlook U.S. regular-grade retail gasoline prices averaged $2.89 per gallon (gal) in June, down from a high of $2.96/gal on May 28. EIA estimates that gasoline prices will remain lower ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAGasoline +3

88 Energy Limited Operations Update

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update related to the testing of its Icewine#2 well, located on the North Slope of Alaska. Project Icewine – Icewine#2 Production Testing As at 0530 26th June (AK time), the flowback rate was averaging 30 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > 88 EnergyASXNorth Slope +6

EIA Now Publishes Petroleum Export Data by U.S. Region of Origin and Destination Country

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Starting with the May 2018 release of the Petroleum Supply Monthly , EIA now publishes U.S. petroleum export data by region, defined as Petroleum Administration for Defense District (PADD), of origin and by countr ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIApetroleum +3

Northern District of California Grants Chevron’s Motion to Dismiss Climate Change Case

The U.S. District Court for the Northern District of California has issued a ruling dismissing the climate change lawsuits filed against Chevron Corporation by the cities of San Francisco and Oakland. The court dismissed the complaint as requiring foreign and domestic policy decisions that are outs ...

OilVoice Press - OilVoice


Posted 1 year agoPress > CaliforniaUnited StatesUS +3

88 Energy: RMP to Acquire Interest in Large Alaskan Oil Prospect

The Board of Red Emperor Resources NL (“Red Emperor” or the “Company”) is pleased to provide the following announcement with respect to an exciting new farm-in acquisition and upcoming drill program. HIGHLIGHTS Red Emperor to acquire and drill a significantly large oil prospect on the pro ...

OilVoice Press - OilVoice


Posted 1 year agoPress > 88 EnergyRMPRed Emperor Resources +8

U.S. Hydrocarbon Gas Liquids Consumption Increases as Prices, Expenditures Decrease

Source: U.S. Energy Information Administration, State Energy Data System Consumption of hydrocarbon gas liquids (HGL) in the United States totaled 928 million barrels in 2016, up about 12% since 2010. During the same time, total U.S. HGL prices fell by 47% and, consequently, expenditures ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > United StatesUSHydrocarbon +5

Mayan Energy Ltd: Acquisition and Issue of Equity

Mayan Energy announce acquisition of 12 further wells on producing Texan oil field and a successful raise of £850,000 via an oversubscribed placing. Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to announce that it has entered into a conditional Sale and Purchase Agreement to ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Mayan EnergyAcquisitionEquity Issue +8

88 Energy: Term Sheet Executed to Drill Large Oil Prospect 1Q 2019

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) is pleased to announce the following update in relation to an expansion of its projects located on the North Slope of Alaska. Agreement to Drill High Impact Well with Consortium 88 Energy Limited (ASX/AIM:88E), along with Otto E ...

OilVoice Press - OilVoice


Posted 1 year agoPress > 88 EnergyOilDrill +8

Oil Company Additions to Proved Reserves in 2017 Were the Highest Since 2013

Source: U.S. Energy Information Administration, based on Evaluate Energy Note: Rest of world includes associated companies' reserves with unspecified geographies. In 2017, a group of the world's largest publicly traded oil and natural gas producers added more hydrocarbons to their resource b ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +6