Vol 110, Issue 2

Groups representing North Sea oil and gas producers have stiffened their resistance to European offshore safety regulation.

The trading of allowances to emit carbon dioxide is supposed to be a market-based response to global warming. It's really politics.

The Obama administration's renewable energy stool, with its three legs of biofuels, solar, and wind, has now tipped over, as all three legs start to crumble.

Industry analysts lately have been counting barrels—barrels of refining capacity lost as plants shut down on both sides of the Atlantic; barrels of crude flowing into the US Midwest...

US President Barack Obama signed the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 into law Jan. 3, reauthorizing the Department of Transportation's existing...

The US Bureau of Ocean Energy Management will hold a consolidated central Gulf of Mexico lease sale in New Orleans on June 20, the US Department of the Interior agency announced...

The government of South Sudan, faced with alleged obstructions by Sudan, announced plans to build a refinery and pipeline aimed at transporting recently discovered crude oil to...

Higher crude oil prices, breakthroughs in technology, and more access to prospective acreage are creating a US oil production revival that is a major break from nearly 40 years...

Global oil price could rise by as much as 30% if Iran halts oil exports as a result of sanctions by the US and the European Union, according to a report by the International Monetary...

BP PLC is required to indemnify drilling contractor Transocean Ltd., the owner of the Deepwater Horizon semisubmersible drilling rig, against compensatory damages in the Gulf ...

Cabot Oil & Gas Corp. has offered to meet with US Environmental Protection Agency representatives to discuss the EPA's plans to test the water wells of some homes in Dimock, Pa...

Oil diplomacy is making very little headway in resolving issues between Sudan and the recently independent South Sudan, with both sides gearing more toward another war than to...

Chinese, French, and Japanese companies were among recent investors making long-term financial commitments to US unconventional oil and gas plays in a trend that is expected to...

If there was ever doubt that congressional Republicans would accept US President Barack Obama's Jan. 18 ruling against the proposed Keystone XL crude oil pipeline, it disappeared...

Chesapeake Energy Corp. announced plans to cut its operated dry gas drilling rig count to 24 rigs, a decline of 50 rigs from its 2011 average operated dry gas rig count, citing...

The Canadian Association of Petroleum Producers on Jan. 30 announced a set of hydraulic fracturing operating practices that it has adopted to improve water management and fluids...

MarkWest Energy Partners LP, Denver, will add more than 600 MMcfd of processing capacity for the Marcellus and Utica shales, as well as 140,000 b/d of fractionation, the company...

Madagascar Oil Ltd., Houston, said it is encouraged by brightening prospects for the blocks that contain its Tsimiroro and Bemolanga giant heavy oil deposits in nonproducing Madagascar...

Buru Energy Ltd., Perth, is gearing up to capitalize on what it describes as a significant series of exploration successes in the onshore Canning basin of northwest Western Australia...