Industry News

  • Drilling & Production
  • API: US petroleum product demand hits 10-year September peak
    US petroleum product demand averaged more than 20.2 million b/d in September, 2.4% more than a year earlier and the highest level for the month since 2007, the American Petroleum Institute reported.
  • Baker Hughes: US rig count falls 15 units to 913
    The US rig count during the week ended Oct. 20 declined for the ninth time in 12 weeks. Baker Hughes’ tally of active rigs fell 15 units this week to 913. 
  • PTTEP further delays Alberta oil sands project
    Thailand’s PTT Exploration & Production PCL (PTTEP) will delay its final investment decision on the 612-sq-km Mariana Oil Sands Project near Athabasca, Alta., according to a Reuters report. PTTEP also will record a $550-million impairment in it...
  • American Petroleum Institute
  • Energy Year in Review
    Despite occasional policy obstacles, the U.S. energy revolution continues to enhance America’s economic and national security and deliver major benefits to consumers, the environment and manufacturers. With commonsense, market-based, consu...
  • Energy is All Around the Holidays
    Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy t...
  • New U.S. Energy Course Starts Offshore
    We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of of...

Disclaimer: 

News releases are maintained for general information.This is not intended to be a substitute for formal legal disclosures related to HEYCO Energy Group and its partners.