Oil:

Dakota Access Pipeline Now Operational, Developer Says

Oil is now flowing through the controversial Dakota Access pipeline, carrying crude from Canada and North Dakota south to Illinois, its developer said Thursday. The pipeline, which sparked a months-long protest by Native Americans and…

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Oxy Tests Supertanker at Port of Corpus Christi

A mammoth tanker docking May 26 at the Port of Corpus Christi was a historic event and a successful test. A 1,093-foot-long EuroNav tanker named the Anne docked at Occidental Petroleum Corp.’s crude oil export…

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Fracking, North-South Drilling Unlock Wyoming Oilfield

Certain approaches to hydraulic fracturing — the more of it, the better — and directional drilling appear the secret to successfully tapping a previously unprofitable oil deposit, according to a Wyoming State Geological Survey report…

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U.S. Oil Output Could Hit Record High in 2018, Feds Say

U.S. crude production forecasts keep growing. The Energy Information Administration said domestic output will climb to a record 9.96 million barrels a day in 2018, up from 9.9 million barrels projected last month, according to…

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Saudis Take Control of Largest U.S. Oil Refinery

America’s largest oil refinery is now fully owned by Saudi Arabia. Saudi Aramco, the kingdom’s state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that…

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CEO Says U.S. Oil Reserves May Top Saudi Arabia’s

Allen Gilmer isn’t worried about the United States running out of oil. Gilmer, CEO of Drillinginfo Inc., said trillions of dollars worth of oil still lies in wait beneath the feet of southeastern New Mexicans and…

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