FROM THE OIL PATCH

As pipeline projects cancel, future falls into question
HEADLINES OF INTEREST

As pipeline projects cancel, future falls into question

For years, a small clique of investors has questioned the logic of putting money into oil and gas pipelines that take decades to pay off when climate change policy was pushing the energy sector away from fossil fuels. Banks and other institutions, however, largely continued to finance the multibillion-dollar projects,confident

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Storm damages continue to hamper U.S. Gulf of Mexico energy operations

Storm damages continue to hamper U.S. Gulf of Mexico energy operations

Catastrophic damage to power lines and communications outages on Monday weighed on U.S. Gulf Coast refineries’ post-Hurricane Laura assessments and on offshore oil and gas production. Energy companies continued to inspect and restart offshore operations while onshore repairs were hampered by power outages. In Lake Charles, Louisiana, near where the

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30 Years Of Drilling Data Points To A Rebound In U.S. Oil Production

30 Years Of Drilling Data Points To A Rebound In U.S. Oil Production

While speculation continues about whether drilling activity in the U.S. oil patch has hit rock bottom yet, some analysts believe that the industry is already on the path to recovery. Reuters analyst John Kemp expects drilling rates to start picking up in September and October, with production beginning to recover in the second

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