TAEP: Texas upstream activity may soon plateau

Texas upstream activity increased in May for a sixth straight month, but a plateau could be on the horizon “absent a meaningful increase in crude oil prices,” said Karr Ingham, economist and creator of the Texas Alliance of Energy Producers’ Texas Petro Index (TPI). Source: News


BSEE approves 69 offshore well permits so far this year

The US Bureau of Safety and Environmental Enforcement has approved 69 federal offshore oil and well permits during this year’s first half, BSEE Director Scott A. Angelle said. Source: News


US DOS approves additional NuStar products pipeline to Mexico

NuStar Logistics LP received approval from the US Department of State to construct a 108,000-b/d oil products pipeline to Mexico. The system will cross the US-Mexico border near Penitas, Tex., said acting Asst. Sec. for Oceans and International Affairs Judith Garber said in her June 29 announcement. President Donald J. Trump mentioned the project in […]