Saturday, November 30, 2024

Oil Company Reducing Footprint of Downtown Denver HQ in Move Across Street

New space will deliver flexibility, energy company will build it to accommodate ‘asset team’ business model From Business Den A 38-year-old oil company is moving its Denver headquarters for the first time, reducing its office footprint as it shuffles across the street. Whiting Petroleum Corp. has leased approximately 135,000 square feet across five floors of the Wells Fargo Center at

Colorado Oil: Adams County Commissioners Vote to Put in a Temporary Moratorium on Oil & Gas Permit Applications- Oil & Gas 360

Permian Will Need $300 Billion Over Next 5 Years to Maintain Growth: Report

Investment would fund drilling and completion of 41,000 new wells in West Texas From The Houston Chronicle A new report shows that West Texas’ Permian Basin will continue to post the biggest oil production gains of any U.S. shale field in October. The Eagle Ford Shale in South Texas will also continue to grow. The Permian Basin will need $310

Weekly Oil Storage: Surprisingly Large Build

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 7,975 MBBL last week to 403,964 MBBL from 395,989 MBBL. This is 13% below the 464,963 MBBL that was in storage at this point last year, and is even with the five-year

Moody’s is All Aboard for Precision Railroading, But as to Shippers…

From FreightWaves Let’s hear it for precision railroading. That’s the message of a recent report by Moody’s Investors Service, one of the leading debt rating agencies, about the system pioneered by the late Hunter Harrison at Canadian Pacific (NYSE: CP) and now being implemented at CSX (NYSE: CSX) . As the report notes, with it also in place at Canadian

Another First: Four LNG Vessels in One Day Transit the Panama Canal

Canal surpasses LNG’s three-vessel record set in April From Seatrade Maritime News The Panama Canal reached a new milestone Monday after the successful transit of four liquefied natural gas (LNG) ships with a beam of up to 160 feet (49 metres) in a single day through the neopanamax Locks and with it broke the record set on 17 April 2018,