The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect. More »
Transportation Secretary Anthony Foxx suggested Monday that coming mandates to boost the safety of hauling oil by train will go beyond requiring changes to the tank cars.
The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life. More »
The Obama administration on Thursday released final details for its planned Aug. 20 sale of oil and gas drilling rights in the western Gulf of Mexico. More »
Oil companies and railroads appear to be moving to phase out older, rupture-prone tank cars on a faster timeline than U.S. regulators are envisioning. Regulators are expected to propose a six-year timeline for scrapping those older, legacy tanker cars, which have been tied to recent, fiery explosions. That’s twice as long as one industry plan. More »
The leading Capitol Hill advocate for exporting U.S. crude said she is encouraged by the Obama administration’s focus on the issue, following a meeting with Commerce Secretary Penny Pritzker.
Sen. Lisa Murkowski, R-Alaska, said she left the private session confident that “there are ongoing discussions within the (Commerce) department on this issue.” More »
Environmentalists have teamed up with Google to shine a spotlight on natural gas leaking from pipes buried under city streets in Boston, Indianapolis and Staten Island. More »
Energy companies currently leave about 95 percent of the crude in the ground at today’s unconventional oil wells, but they face major technological challenges in boosting recovery rates, a Schlumberger scientist said Tuesday. More »
The United States’ monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday. More »
Because trains offer flexibility that fixed pipelines can’t match, the trend of moving oil by rail is here to stay, an energy executive told industry leaders and analysts Monday. More »
The secret government rulings that gave two Texas companies confidence they could export a slightly distilled ultra-light oil will not open the floodgates for that condensate to flow overseas, a top trade lawyer said Monday. More »
U.S. headlines are full of good news about the nation’s soaring oil and gas production, but those rosy forecasts may be papering over serious gaps, an international energy leader said Monday. More »