ConocoPhillips has won approval from the U.S. Army Corps of Engineers for a road it’s proposing to build to give it access to the Greater Mooses Tooth drilling project, anticipated to get oil from the National Petroleum Reserve in Alaska, E&E reports.
GAINESVILLE, Fla. (AP) — An environmental advocacy group sued the Obama administration in federal court on Thursday for refusing to release documents detailing the extent of fracking in the Gulf of Mexico.
The Center for Biological Diversity filed the lawsuit in U.S District Court in Washington, saying the Bureau of Ocean Energy Management has refused to comply with the group's federal public records request seeking more information about how often oil companies are using the technique in Gulf waters.
Energen Corp. has joined Pioneer Natural Resources Co. in saying that its production in the Permian basin has been reduced because of winter storms and cold temperatures, The Wall Street Journal reports.
Oil prices dropping by more than 50 percent over the past six months has had little impact on rig count, until now, as contract company Helmerich & Payne has announced its rig operations will be cut by some 20 percent in a matter of weeks, The New York Times reports.
Chevron announced Tuesday it has found oil at Anchor prospect, the second time in less than a year that the company has discovered significant quantities in Gulf of Mexico drilling, The Times-Picayune reports.
BILLINGS, Mont. (AP) — Relief could be on the horizon for strapped public services in the Northern Plains' booming oil patch, as elected leaders in Montana and North Dakota move to steer more money into the region during the states' upcoming legislative sessions.
Tens of thousands of workers have been drawn to the region's shale oil boom in recent years. Their arrival has brought increased demands for services ranging from roads and sewage treatment to affordable housing.
According to preliminary data from the Texas Railroad Commission, drillers in the state produced 2.21 million barrels of crude a day in October, a 26 percent jump from the period a year earlier despite the slide in prices since June, although the Commission also noted that recent figures from Baker Hughes show a decline in rig count, FuelFix reports.
The California state senate has announced it will hold three days of public hearings to examine the operations of the Public Utilities Commission, already in the spotlight for alleged inappropriate dealings with the companies it regulates, the Los Angeles Times reports.
After suing Exxon Mobil for $8.9 billion in damages for wetland contamination in northern New Jersey, the state has suddenly settled the case for $250 million shortly before a judge was expected to issue a ruling for damages, The New York Times reports, citing documents and sources.
An apparent end to the relentless slide in oil prices, replaced by day-to-day volatility, has made the option of storing crude in tankers for future resale less attractive, The Wall Street Journal reports.
Predicted higher oil demand in China helped boost prices early Friday, although persistent growth in U.S. stockpiles has helped widen the divide between the domestic and international benchmarks. West Texas Intermediate crude for April delivery gained 78 cents to $48.95 a barrel in electronic trading on the Nymex, while in London Brent jumped 92 cents to $60.97, Reuters reports.
Striking United Steelworkers refinery workers told the Los Angeles Times they are exhausted by long hours and stress caused by bare bones staffing and the use of contractors unfamiliar with equipment that operate at high temperatures and high pressure.
With former Obama administration climate adviser John Podesta expected to run Hillary Clinton’s anticipated 2016 presidential campaign, the former Secretary of State will likely be in a strong position to attract environmental support, according to E&E.
A secession movement is gaining traction in economically-strapped New York towns along the Pennsylvania border, following Albany’s decision to ban fracking. The communities are frustrated they won't be able to take advantage of their position atop the gas-rich Marcellus Shale, The Economist reports.
In a bid to prop up its struggling nuclear power plants, Exelon Corp. is backing legislation introduced in the Illinois legislature to reward producers of low-carbon energy, a measure attacked by consumer advocates, The Associated Press reports.