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EPA critiques Keystone XL draft supplemental EIS

The US Environmental Protection Agency urged the US Department of State to look closely at alternative routes, including one that would closely parallel the existing Keystone crude oil pipeline, before finalizing its draft supplemental environmental impact statement for the proposed Keystone XL project.

India considering changes to production-sharing contract

The Indian government is considering changes to its production-sharing contract, including a new mechanism for determining the price of natural gas.

EPA schedules 2 public hearings on Tier 3 gasoline proposal

The US Environmental Protection Agency will hold public hearings Apr. 24 in Philadelphia and Apr. 29 in Chicago about its proposed Tier 3 gasoline sulfur content and vehicle emissions limits.

MARKET WATCH: Oil prices continue slow climb

Oil prices generally continued a relatively slow climb Apr. 22 with front-month crude up 0.9% in the New York futures market and North Sea Brent closing above $100/bbl.

Halliburton discussing settlement in Macondo blowout

Halliburton Co. is negotiating a settlement of legal claims related to the 2010 Deepwater Horizon semisubmersible drilling rig explosion following a blowout of the deepwater Gulf of Mexico Macondo well off Louisiana, the company said.

EIA: US Household spending on home energy fell last year

US average consumer spending on home energy fell $12 billion in 2012 compared with 2011, the Energy Information Administration reported.

MARKET WATCH: Oil prices rose slightly amid weak economic data

Oil prices rose slightly Apr. 19, but the front-month crude contract was down 4% for the week on weak economic data out of China.

Bill Barrett names chief executive, president

Bill Barrett Corp., Denver, has named R. Scot Woodall as chief executive officer and president.

OGJ Newsletter

International news for oil and gas professionals

Chinese NOCs' expansion

Backed by vast foreign exchange reserves and taking advantage of the world economic downturn, Chinese national oil companies (NOCs) have purchased assets in the Middle East, North America, Latin America, Africa, and Asia.

Learning from mistakes

The US and the UK should learn from each other's mistakes with renewable transportation fuel. As the US Congress stepped toward rationalizing fuel ethanol this month, a new biofuel requirement took effect in the UK.

House panels discuss Terry's Keystone XL authorization bill

A second US House subcommittee heard testimony in support of a bill to let Congress approve the proposed Keystone XL crude oil pipeline project as the first, which held a hearing on Rep. Lee Terry's (R-Neb.) measure on Apr. 10, marked up HR 3 for consideration by the full Energy and Commerce Committee.

States best qualified to regulate oil, gas, House panel told

US states are the most qualified to regulate oil and gas development within their boundaries because they're well acquainted with unique geological and environmental conditions there, officials from three state governments told the US House Natural Resources Committee.

McCarthy promises collaborative, commonsense approach at EPA

Gina McCarthy pledged to use a collaborative, commonsense approach if the US Senate confirms her nomination to become the US Environmental Protection Agency's administrator.

Watching Government: Jobs and Keystone XL

During Bill Clinton's first US presidential campaign in 1992—or so the story goes—workers at its headquarters kept their focus by periodically glancing at a poster which proclaimed: "It's the economy, stupid."
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