Brazil’s largest union of oil workers, the Federacao Unica dos Petroleiros (FUP), claimed international oil companies are pressuring legislators to amend a bill that would extend special benefits to the country’s state-run Petroleo Brazileiro SA (Petrobras).
The US Bureau of Land Management should lead development of a comprehensive interagency strategy to address energy leasing, development, and related air quality concerns for other Western states, an interdisciplinary team which reviewed 77 withdrawn Utah leases said in a special report.
Kazakhstan President Nursultan Nazarbayev and French President Nicolas Sarkozy, eyeing broader geopolitical engagement between Europe and Central Asia, have announced the signing of a number of agreements between their two countries involving oil and gas.
US natural gas inventories are expected to reach a record peak of 3.85 tcf when storage injections end on Oct. 31, the US Energy Information Administration said in its latest short-term energy outlook.
The US Supreme Court rejected a US Department of the Interior appeal of a lower court’s ruling in an offshore royalty case that DOI said could cost the federal government $19 billion.
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