Recent News

SandPoint is a San Antonio, Texas-based independent oil and gas company with a management team that has a deep history in the acquisition and development of South Texas assets.

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Energy Transfer Partners LP said on Oct. 15 that a West Texas pipeline would resume operations on Oct. 20 as planned after the pipeline spilled water with nontoxic green dye and residual crude oil near Abilene, Texas.

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Russia will remain a key supplier, diplomat says, despite U.S. pressure on Nord Stream 2 natural gas pipeline.

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Analysts said the expanded Tallgrass and Silver Creek JV aims to provide seamless crude transportation from the Powder River Basin to export markets on the Gulf Coast.

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Drillers have been predicting an upturn for more than a year only to disappoint but debt ratings firm Moody’s Investors Services said last month that it believed 2018 could mark the low point for industry earnings.

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ConocoPhillips retained EnergyNet to sell operated Permian Basin properties in Ector County, Texas, through a sealed-bid offering.

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At his first meeting with foreign oil majors, Mexico's leftist president-elect pushed the companies to prove themselves by quickly pumping oil from recent finds, sources said, but gave no sign of offering up new fields to reverse dwindling output.

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India's oil demand is expected to rise by 5.8 million barrels per day (MMbbl/d) by 2040, accounting for about 40% of the overall increase in global demand during the period, OPEC's secretary general said on Oct. 16.

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Inpex Corp. is this week set to load the first liquefied natural gas (LNG) cargo from its long-delayed Ichthys project in northwestern Australia, sources familiar with the matter said.

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The Trump administration's plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said.

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The System 2E pipeline is a key network that supplies imported gasoline and output from the Port Harcourt refineries to much of the southeast and north of the country.

October 15, 2018

Occidental Petroleum Corp. (NYSE:OXY) said on Oct. 15 it will not pursue an extension for the Idd El-Sharghi North Dome (ISND) Field offshore Qatar, which is set to expire in October 2019, the company said in a news release.

October 15, 2018

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