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Tag Archives: Pioneer Natural Resources Company

Industry continues to make case for lifting oil export ban

Mella McEwen | The Midland Reporter-Telegram (Midland, Texas) Permian Basin oil and gas operators continue making the case for ending the nation’s four decadelong ban on exporting domestic crude. They say decisions made over 40 years ago during an oil crisis have no place in today’s world of rising U.S. crude production, primarily from unconventional shale plays. During the annual shareholders’ ...

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City Council to discuss wastewater deal with Pioneer Natural Resources

Corey Paul | Odessa American  Pioneer Natural Resources wants to buy at least 3 million gallons of treated wastewater from the City of Odessa a day in a long-term deal that could provide up to $100 million for needed utility upgrades. The Odessa City Council will revisit the proposal from the subsidiary company Pioneer Water Management LLC Tuesday, after pushing ...

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Commerce Dept oil export approval questioned by U.S. senators

Valerie Volcovici | Reuters WASHINGTON (Reuters) – Two senators on Wednesday asked the U.S. Commerce Department to explain why it approved exports of a form of super-light oil known as condensate, saying the action may have violated the decades-long ban on U.S. crude oil exports. Democrats Robert Menendez and Edward Markey wrote a letter to Commerce Secretary Penny Pritzker after ...

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U.S. clarifies what lightly processed oil drillers can export

export

Timothy Gardner and Valerie Volcovici | Reuters WASHINGTON (Reuters) – U.S. energy markets marked a seismic shift on Wednesday after federal officials provided more clarity on what companies glutted with oil can ship to thirsty markets abroad, leading to expectations for a potential surge in shale oil exports. News that companies can export a type of ultra-light crude if it ...

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