Just 5 companies submitted 33 bids on 33 tracts in Gulf of Mexico western planning area Lease Sale 246, the US Bureau of Ocean Energy Management (BOEM) reported following the ...
The global oil product market could experience a surplus of gasoline supply as early as 2017, according to the latest long-term oil product market forecast from Wood Mackenzie...
In its August Oil Market Report the International Energy Agency's forecast shows stronger-than-anticipated global oil demand and non-OPEC supply growth swinging into contraction...
Establishing difficult goals can be worthwhile if contradictions aren't so extreme that the goals become ridiculously impossible. It's still not certain whether the Obama administration...
Fossil fuel interests, conservative think tanks, and groups funded by billionaires Charles and David Koch are fiercely fighting a growing wave of alternative energy in the US,...
Declining crude oil production and growing economic challenges make it urgent for Alaska's business and government leaders to move ahead more quickly on getting a major LNG export...
Two political celebrities in the US seem able to say anything about energy, no matter how outrageous, with impunity. One of them, of course, is President Barack Obama.
For the majority of US small and midsized exploration and production companies, credit secured by liens on their assets represents the best way to get debt capital, according ...
The Obama administration will begin to allow limited US crude oil swaps with Mexico, multiple news organizations reported. The US Department of Commerce is "acting favorably on...
Lower crude oil prices and reduced demand resulting from a global economic downturn could reduce Canadian oil sands capital expenditures through 2017, the Canadian Energy Research...
Leaders in the US House of Representatives are demanding answers from BP PLC regarding the early August unplanned and still ongoing shutdown of a major processing unit at its ...
Pennsylvania Gov. Tom Wolf (D) issued a study he commissioned in late April of issues stemming from the growing number of crude oil shipments by rail across the state.
The US Environmental Protection Agency's proposal to reduce ozone limits is both costly and unnecessary, 370 state business groups from across the country-including petroleum ...
Late summer may not seem like an appropriate time to prepare for avalanches in Washington at first. The nation's capital feels deserted as Congress takes its August recess, and...
The US Environmental Protection Agency has proposed requirements aimed at reducing emissions of methane and volatile organic compounds (VOC) from all US oil and gas industry segments...
The long decline in crude oil prices continued to slam North American oil companies' second-quarter upstream earnings, which were partly offset by higher oil volumes and lower...
Attention returns to the antique US ban on exports of crude oil with reports that limited shipments to Mexico have been approved. The oil and gas industry should use the moment...
With the current low oil-price environment fast becoming the oil and gas industry's "new reality," even the most efficient of companies will have to do more than just make financial...
