Chevron Aims to Turn Canada LNG Plan Into Electric Design
Chevron is seeking approval to modify its plans for a LNG gulf coast oil rig export facility on Canada's Pacific Coast to an all-electric design.



Barry Shuts in 69 Percent of GOM Oil Output
Approximately 69.08 percent of oil oil rig flanges gulf coast production in the Gulf of Mexico was shut in as of Monday due to Tropical Storm Barry.



Oil Supply Exceeds Demand in 1H
Oil supply exceeded demand by 0.9 million barrels per day in the first half of 2019, according to the International Energy Agency.



Oil Set for Best Week in 3 on Supply Outlook Threat
Oil headed for its biggest weekly gain in three weeks.

(Bloomberg) -- Oil headed for its biggest weekly gain in three weeks as simmering Middle East tensions, shrinking U.S.



Oil Prices Up for the Week
WTI and Brent crude oil prices were mixed Friday but up for the week.

West Texas Intermediate (WTI) and Brent crude oil prices were mixed Friday but up for the week.



TS Barry Puts 70% of US LNG Capacity at Risk
Tropical Storm Barry is highlighting the risks that Gulf of Mexico storms pose to America's newly expanded liquefied natural gas gulf coast oil rig export capacity.



Permian Shale Boom Slowing Down
The promise of the Permian is shrinking.

(Bloomberg) -- The promise of the Permian is shrinking.

Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing returns, and keeping skeptical investors away.



Iran Tries to Stop UK Oil Tanker
The British navy intervened to stop Iran from blocking a buy severe service valves commercial oil tanker leaving the Persian Gulf.

(Bloomberg) -- The British navy intervened to stop Iran from blocking a buy severe service valves commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic Republic.



Oil Jumps on Gulf Storm and Stockpile Draw
Oil extended gains after closing at a seven-week high as around a third of the Gulf of Mexico's crude output was cut before a potential hurricane.



Oil Prices Ease Downward
A tropical storm and ongoing Strait of Hormuz security concerns failed to prevent the WTI and Brent from declining Thursday.

Despite a tropical system in the U.S.

  1. Total Agrees to Buy LNG from Louisiana Facility | Gulf Coast Oil Rig Equipment & Repair
  2. White House Talks Chevron Venezuela Waiver Renewal | Gulf Coast Oil Rig Equipment & Repair
  3. Oil Up on Falling Stockpile Report, Iran Tension | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Prices Surge on Fed and DOE Reports | Gulf Coast Oil Rig Equipment & Repair
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