Editorial: Massachusetts and oil
The US oil and gas industry has reason to treat with care the Republican takeover of a US Senate seat held for decades by the late Ted Kennedy representing steadfastly Democratic Massachusetts.
Industry embraces opportunities, meets challenges from Washington in 2009
As 2009 began, the US oil and gas industry wondered how the change Barack Obama promised in his successful 2008 presidential campaign would affect its business.
SAFE: Industry, military can coexist in eastern gulf
Oil and gas activity in the eastern Gulf of Mexico will not encroach on US military missions in the area, a report commissioned by Securing America's Future Energy (SAFE) concluded.
API: US drilling activity falls 37% in 2009
Fewer US oil and gas wells were drilled in 2009 than in 2008, but the pace of activity grew during last year's final 6 months, the American Petroleum Institute reported.
API: US oil demand showed signs of recovery late in 2009
US oil demand fell during 2009 but began to recover as the year concluded, the American Petroleum Institute said.
Watching Government: GHG rules bring higher costs
The US Environmental Protection Agency confirmed that businesses will be subject to significant regulations and higher costs and endure more regulation as a result of four greenhouse gas (GHG) rules the agency has proposed or finalized, two US House Republicans said.
IPAA asks Salazar to reconsider onshore leasing regs
The Independent Petroleum Association of America urged US Interior Secretary Ken Salazar to reconsider implementing what the trade association believes are new duplicative and unnecessary onshore leasing regulations.
Marcellus shale fight continues in New York
Chesapeake Energy Corp. has warned that new rules proposed by New York regulators over shale gas drilling already are unnecessarily onerous and may deprive New York of badly needed revenue by scaring off energy firms.
Watching The World: China, Japan sparring again
Disputed natural gas reserves beneath the East China Sea are once again making headlines, as China and Japan spar over which of the two countries has the rights to the underwater reserves.