Continental announces more Bakken oil exports

Continental Resources Inc. is exporting another 430,000 barrels of Bakken crude to international markets. Company chairman and CEO Harold Hamm said the transaction represents "the new reality of the United States as a world energy leader."
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OPEC, Russia oil cuts for 2018 hinge on June meeting

The Organization of the Petroleum Exporting Countries decision last year to form a declaration of cooperation among members and non-OPEC members to install oil production curtailments will continue for another year.
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Magellan’s new proposal: connect Permian, Eagle Ford to TX coast

Magellan Midstream has proposed a new pipeline project that would connect Permian and Eagle Ford crude production with export and refining locations in Corpus Christi and Houston, Texas.
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New study explains competition between oil sands, tight oil

The abundance of so much light, tight oil will weigh on any new significant investment in heavy oil processing in North America, the study says.
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Judge orders DAPL builder to work with tribes on spill plan

A federal judge on Monday ordered Dakota Access LLC and the U.S. Army Corps of Engineers to work with two Dakota Sioux tribes to develop an oil spill response plan for the Dakota Access Pipeline Missouri River crossing site in North Dakota.
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Preferred’s frack sand sell-off marks new shale in-basin strategy

Preferred Proppants LLC is taking a new, more regional approach to the frack sand supply business. The Pennsylvania-based sand producer and supplier has chosen to reduce rail fleets and out-of-basin production sites.
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February 5-9, 2018
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