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Lonestar announces positive production results at Horned Frog

6 hours ago DieselGasoil Comments Off on Lonestar announces positive production results at Horned Frog
6/24/2019 FORT WORTH — Lonestar Resources US Inc. announced additional well results in its Horned Frog area located in La Salle County, Texas. Lonestar previously announced initial test results for its Horned Frog #4H and #5H wells which were placed onstream in April 2019. In Lonestar’s first quarter report, we disclosed that the #4H well Read More

HSBC sees oil markets tightening in H2 despite recent weakness

8 hours ago DieselGasoil Comments Off on HSBC sees oil markets tightening in H2 despite recent weakness
London — Global oil markets will likely tighten during the second half of the year, supporting prices, driven by the expected extension of OPEC output cuts, a pickup in demand and rising geopolitical risks, HSBC said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Trimming its 2019 Brent Read More

Pemex to produce 2.6 million b/d based on asset-led exploration and EOR: company official

3 days ago DieselGasoil Comments Off on Pemex to produce 2.6 million b/d based on asset-led exploration and EOR: company official
Highlights Pemex plans steam, water, CO2 and air EOR pilot projects Will continue efforts to evaluate Mexico’s subsalt potential Will restart shale and deepwater appraisal efforts in four years Mexico CIty — Mexico’s Pemex plans to book as reserves more than 20 billion boe via exploration and increased recovery factors, allowing it to achieve its Read More

Questerre reports voting results of Shareholders’ Meeting

3 days ago DieselGasoil Comments Off on Questerre reports voting results of Shareholders’ Meeting
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 21, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported that all matters presented for approval at its annual and special meeting of shareholders held Read More

US oil, gas rig count drops 13 to 1,040 on week: S&P Global Platts Analytics

4 days ago DieselGasoil Comments Off on US oil, gas rig count drops 13 to 1,040 on week: S&P Global Platts Analytics
Houston — The US oil and gas rig count dropped by 13 to 1,040 week on week, S&P Global Platts Analytics said Thursday, continuing its see-sawing behavior that has characterized domestic unconventional activity since oil prices plummeted late last year. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Oil-directed Read More

Phillips 66 seeks Texas export terminal as U.S. oil production grows

4 days ago DieselGasoil Comments Off on Phillips 66 seeks Texas export terminal as U.S. oil production grows
By Rachel Adams-Heard and David Wethe on 6/20/2019 HOUSTON (Bloomberg) –Phillips 66 is looking to build an offshore export terminal in the Gulf of Mexico, a project that would join a growing list of facilities being planned to handle the growing shipments of U.S. shale oil. The proposed deepwater port would be located about 21 Read More

Governor wants Pennsylvania to join greenhouse gas reduction program

5 days ago DieselGasoil Comments Off on Governor wants Pennsylvania to join greenhouse gas reduction program
(Reuters) – Democratic Pennsylvania Governor Tom Wolf asked Republican lawmakers on Tuesday to authorize the state to join a program to reduce greenhouse gas emissions in several Northeastern U.S. states, according to a report from the Associated Press. An analyst at Height Capital Markets in Washington said on Wednesday that discussion on the market-based Regional Read More

China rejects claims fracking caused Sichuan quake: state media

6 days ago DieselGasoil Comments Off on China rejects claims fracking caused Sichuan quake: state media
SHANGHAI (Reuters) – Chinese officials said there were no indications that a deadly earthquake in the southwestern province of Sichuan this week was caused by excessive shale gas fracking in the region, state media reported on Wednesday. A woman stands near rescue workers searching for survivors in the rubble after earthquakes hit Changning county in Read More

US presses other countries to police Strait of Hormuz

6 days ago DieselGasoil Comments Off on US presses other countries to police Strait of Hormuz
Highlights Pompeo, Trump want China, Japan to protect energy flows Trump calls tanker attacks ‘minor,’ downplays supply impact US sending 1,000 troops to Middle East Washington — The Trump administration Tuesday pressed other countries to step up their efforts to protect navigation through the Strait of Hormuz, while also downplaying the market impact of recent Read More