oil and gas

RENO, Nev. — The Bureau of Land Management opened a 30-day public comment period on Monday on two parcels of land totaling 2,330 acres that may be included in an upcoming oil and gas lease sale in Nevada. The parcels... Read More

TULSA, Okla. — In a sign of the changing respective times for the oil and gas sectors in North America, Oneok, Inc., a major player in natural gas, on Monday completed its purchase of Magellan Midstream Partners, a company with access... Read More

OAKLAND, Calif. — California is suing five of the largest oil and gas companies in the world for allegedly engaging in a decadeslong campaign of deception related to climate change and doing nothing as the state endured the growing problems... Read More

WASHINGTON — A hard fought legal challenge to a 2021 oil and gas lease sale in the Gulf of Mexico was rendered moot by the passage of the Inflation Reduction Act last year, the U.S. Circuit Court for the District... Read More

WASHINGTON — Four coastal states in the southeast — Alabama, Louisiana, Mississippi and Texas — will share in a windfall of over $353 million in additional energy revenues due to increased production and market trends in the 2022 fiscal year.... Read More

WASHINGTON — An oil rig supervisor who earned as much as $248,000 a year working for Houston, Texas-based Helix Energy Solutions Group was entitled to additional overtime pay after his dismissal, the U.S. Supreme Court ruled last week. The case,... Read More

LONDON — BP stunned the energy sector this week by announcing it is scaling back on its ambitious plans to cut oil and gas production after a dramatic increase in fossil fuel prices led to its highest annual earnings in... Read More

WASHINGTON —The Supreme Court on Monday asked the solicitor general’s office to weigh in on a dispute over which courts — state or federal — can hear climate litigation against fossil fuel companies. The request comes as the justices consider... Read More

WASHINGTON — The U.S. Bureau of Ocean Energy Management has published a proposed notice of sale of leases set aside for oil and gas development in Cook Inlet, Alaska. In passing the Inflation Reduction Act this past summer, Congress directed... Read More

HOUSTON — Pioneer, ConocoPhillips and Devon Energy Group, three of the nation’s largest producers of oil and natural gas, have joined an initiative aimed at improving the industry’s transparency when it comes to methane emissions and to make greater progress... Read More

WASHINGTON — The Department of Energy is investing a total of $165 million to spur the growth of the geothermal energy sector in the United States. The department’s goal is to form a consortium of experts who will then use... Read More

IRVING, Texas — ExxonMobil and Shell are partnering with two Chinese entities — the China National Offshore Oil Corporation and Guangdong Provincial Development and Reform Commission — to evaluate the potential for a world-scale carbon capture and storage project in... Read More

WASHINGTON — The Biden administration plans to auction oil and gas leases this week in a policy reversal intended to bring down the price of fuel for consumers. The leases would open 144,000 acres to corporate oil and gas extraction,... Read More

WASHINGTON — Oil industry executives tried to explain to Congress Wednesday that a recent sharp increase in gasoline prices results from market conditions beyond their control. They vehemently denied they were price gouging to get rich off of international upheavals... Read More

WASHINGTON — Republican senators took the podium during a press conference on Wednesday to call on the Biden administration to increase domestic oil and gas production to stifle rising gas prices. The conference featured remarks from Sens. Mike Crapo, R-Idaho,... Read More

NEW ORLEANS (AP) — The Biden administration's suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana who ordered that plans continue for lease sales that were delayed for... Read More

CHEYENNE, Wyo. – Gov. Mark Gordon will use CARES Act funding to assist Wyoming’s economic recovery and boost employment in the oil and gas industry. The Energy Rebound Program will utilize up to $15 million in CARES Act funding to... Read More

WASHINGTON - The White House proposed Thursday to open more than two-thirds of the nation’s largest piece of public land to oil and gas drilling, striking down wildlife protections in the area that have been in place for more than... Read More

Members of a U.S. House committee advocated for stricter oil and natural gas drilling regulations during a hearing Monday in Santa Fe, New Mexico. Democrats on the House Subcommittee on Energy and Mineral Resources said lax regulations are creating too... Read More

A federal judge on Friday night reinstated an Obama-era ban on oil-and-gas drilling in vast swaths of the Arctic Ocean, holding President Donald Trump exceeded his authority in attempting to overturn it. The ruling by U.S. District Judge Sharon Gleason... Read More

First-term Representative Joe Cunningham, D-S.C., this week introduced legislation aimed at banning offshore oil and gas exploration on the eastern seaboard and Pacific Coast. Offshore oil and gas exploration has been a hot-button issue in South Carolina and many other... Read More