Bolivia Switches to Argus for Oil Pricing
Bolivian state-owned oil company YPFB has switched to global energy and commodity price reporting agency Argus as the basis for pricing imported supplies of crude and petroleum products.
Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners
In addition to being a strategic investor through the consortium, JX will add its expertise to the company’s LGF project, leveraging its carbon capture and sequestration (CCS) experience gained in building and operating the Petra Nova Carbon Capture, Utilization and Storage (CCUS) project near Houston.
Texas Oil and Gas Production Records Tumbled in 2023
Texas’ major energy industry reached new peaks last year with records set for both oil and gas production.
Preparations Help Oil and Gas Industry Get Through Dangerous Wildfires
The Texas Forest Service announced dangerous wildfires in the Panhandle were finally 100% contained, thanks to the tireless efforts of state and local emergency crews.
TXOGA Announces Senior Staff Promotions
Texas Oil & Gas Association (TXOGA) President Todd Staples announced on April 5 the promotions of senior staff, naming Shana Joyce and Tulsi Oberbeck as Vice Presidents of Government and Regulatory Affairs. Joyce and Oberbeck have served as directors in these positions since 2018.
Dallas-Based Vivakor Acquires Endeavor Entities for $120 Million
Vivakor has signed a definitive agreement to acquire the Endeavor Entities, which operate in the midstream segment of the oil industry, for $120 million.
Texas Upstream Oil and Gas Employment Growth
Data recently released by the Texas Workforce Commission indicates a sustained growth trend in upstream oil and gas employment in Texas. In December, the sector added 3,100 jobs, contributing to a substantial increase of 15,300 jobs throughout 2023. The Texas Oil & Gas Association (TXOGA) highlighted that since the low point in September 2020, months…
TXOGA Analysis Finds Texas Production of Oil and Natural Gas Has Achieved New Record Highs, Leading U.S. Production
AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids (NGLs) has achieved new record highs, according to a recent monthly energy economic analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D. TXOGA estimates that Texas set new production records in August 2023, with Texas’ crude oil production…
Exploring the Surge of 12,100 New Oil and Gas Jobs in Texas
The Lone Star State is booming with job growth in the oil and natural gas industry! According to the Texas Oil and Gas Association (TXOGA), the industry has added a whopping 12,100 jobs in 2023 alone, with 1,200 of those jobs added in August. Todd Staples, president of TXOGA, emphasized the importance of the industry…
Anadarko Announces Open Season For West Texas Oil Gathering And Treating System
By News Provider HOUSTON, Dec. 13, 2017 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced its wholly owned subsidiary, DBM Oil Services, LLC (DBMOS), is holding a binding open season to identify interest in a new high-vapor-pressure oil-gathering and treating system serving portions of Reeves, Loving, Ward, and Winkler Counties in West Texas. The DBMOS system is expected to have a gathering capacity…
BridgeTex Pipeline to Further Expand, Launches Supplemental Open Season for Additional Capacity
By News Provider TULSA, Okla. and HOUSTON, Nov. 30, 2017 — Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) and Plains All American Pipeline, L.P. (NYSE: PAA) (“Plains”) announced today that BridgeTex Pipeline Company, LLC (“BridgeTex”), owned 50/50 by Magellan and Plains, plans to further expand the capacity of the BridgeTex pipeline and has launched a supplemental open season to…
Industry Insiders Say Minorities Should Pursue Oil Jobs
Stacy M. Brown, NNPA There are great opportunities for African Americans and Latinos in the oil, natural gas, and petrochemical industries, according to industry insiders, who are calling on minorities to “get in the game.” “IHS Markit projects that there will be nearly 1.9 million job opportunities over the next 20 years in our…
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