Because of problems it has encountered, including legal disputes and drilling time restricted by weather, Shell has written a letter -– obtained it through a Freedom of Information Act request and made public by the advocacy group Oceana -- asking the Obama administration for more time on its Arctic drilling leases, which would otherwise begin expiring in 2017, FuelFix reports.
ConocoPhillips, alongside partners including BP and Exxon Mobil, has announced what it says is the first new drilling in the North Slope’s Kuparuk River Field in nearly a dozen years, a well to come on line in 2016 that will add 8,000 barrels a day of production, Platts reports.
The Interior Department's weaknesses in managing the nation’s sprawling public lands oil and gas holdings continue to pose ongoing challenges that could extend into its offshore renewable energy push, its internal watchdog reported Thursday.
Climate change also presents another significant headwind for the department, according to an annual report on top management and performance challenges published Thursday by Deputy Inspector General Mary Kendall.
Some ten percent of natural gas produced in drilling fields like those in the Bakken and Eagle Ford shale – most of which is methane -- leaks into the atmosphere, according to a study published in the journal Earth’s Future, E&E reports.
MANILA, Philippines (AP) — The Philippine president said Wednesday that the international arbitration Manila has initiated to challenge China's territorial claims in the South China Sea and a legally binding "Code of Conduct" are the only ways to settle the long-raging disputes peacefully.
The Philippines says that China has been intruding into its exclusive economic zone, including deploying two hydrographic ships in June near an offshore oil well inside Philippine waters. Philippine President Benigno Aquino III has said Manila is uncertain of the purpose of the ships' presence at the Reed Bank.
ASUNCION, Paraguay (AP) — A British energy company said on Monday that it made its first major oil discovery in Paraguay's Chaco Basin, though the government said it's too soon to tell if the find is commercially viable.
Shares of London-based President Energy doubled after the oil explorer announced the discovery of light oil in the Lapacho well some 280 miles (450 kilometers) north of the capital, Asuncion. The company said the find is "expected to be commercial."
Supporters of the Keystone XL pipeline touted its potential economic benefits, while opponents raised concerns about its environmental impact during a hearing Monday night held by the South Dakota Public Utilities Commission, The Associated Press reports.
The decision by the Delta Airlines-owned refinery Monroe Energy to resume importing Nigerian crude is expected to be cited in Congress this week as an argument for lifting the U.S. ban on crude exports, FuelFix reports.
Citing the heavy workload generated by the swarm of earthquakes shaking Oklahoma in recent years, the state’s chief seismologist Austin Holland says he’s leaving to take a new job with the U.S. Geological Survey in New Mexico, The Oklahoman reports.
The Minnesota Pollution Control Agency is warning that some of the worst conditions seen over the past 10 years – caused by wildfires burning in Canada and Alaska – is making the air “unhealthy for everyone,” the StarTribune reports.
Oil prices steadied somewhat after a massive tumble Monday following the Greek bailout rejection and reports of increased production and supplies. U.S. benchmark crude rose 57 cents to $53.10 a barrel on the Nymex, while in London Brent gained 90 cents to $57.44, Reuters reports.
HIKO Energy LLC will be repaying 25,000 customers $1.25 million, under a settlement reached with the New York state attorney general, who had charged the company with fraudulent practices, The Journal News reports.
TerraForm Power Inc. is buying from Invenergy Wind LLC a majority stake in a portfolio of seven wind farms across North America for $2 billion. The transactions will give TerraForm 460 megawatts of electricity now and 470 megawatts later, The Wall Street Journal reports.
Moms Clean Air Force is holding a family-friendly demonstration the group is calling a “play-in” Tuesday to support the Environmental Protection Agency efforts to regulate methane emissions, The Hill reports.