EIA: US oil output in November edged down to 9.32 million b/d

US crude oil production during November 2015 totaled 9.32 million b/d, a decline of less than a percent from the October total but still up 1.3% compared with the November 2014 total, according to data from the US Energy Information Administration mostly based on data from its EIA-914 survey. Source: News

Graham named CEO of Memorial Resource Development

Jay Graham, former co-chief executive officer of WildHorse Resources II, has been named chief executive officer and director of Memorial Resource Development Corp., Houston. Source: News

Democrats raise methane questions as Senate debates broad energy bill

California’s two US senators—Barbara Boxer and Dianne Feinstein—said that they will introduce an amendment next week to wide-ranging energy legislation currently on the Senate floor. It would direct US Energy Sec. Ernest G. Moniz to lead a broad federal review of the cause and the response to a leak at Southern California Gas Co.’s Aliso […]

Indian state-run refiners propose grassroots refining complex

Public-sector refining firms Indian Oil Corp. Ltd. (IOCL), Bharat Petroleum Corp. Ltd. (BPCL), and Hindustan Petroleum Corp. Ltd. (HPCL) are planning a joint investment for construction of a grassroots megarefinery to be built along the coast of India’s Maharashtra state. Source: News

IHS: Hedging by North American producers down

North American exploration and production companies enter a year of commodity-price weakness with just 15% of their total production hedged, reports IHS Energy. Source: News