A top Shell Oil Co. scientist who was tasked with creating a new industry-led offshore drilling safety group will serve as the center’s executive director, the American Petroleum Institute announced today.
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Senate Majority Leader Harry Reid, D-Nev., for the first time expressed an openness to having a vote on a transportation bill amendment that would approve the Keystone XL oil pipeline.
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President Obama on Tuesday mockingly rebuffed GOP allegations that he wanted the higher gasoline prices that are now plaguing Americans’ wallets.
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A coalition of more than 100 environmental activists and groups expressed “serious concerns” on Monday about President Obama’s comments in support of the natural-gas drilling boom.
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Seventy Democratic lawmakers pressed the Commodity Futures Trading Commission on Monday to take action to curb oil-futures speculation they say has contributed to the rising price of gasoline.
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President Obama and the GOP chairman of the House Natural Resources Committee squared off over gasoline prices in dueling weekly addresses that rehashed the recent back-and-forth over rising costs at the pump.
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A White House conference Friday on the Obama administration’s conservation efforts underscored the touchy ecological and environmental issues associated with oil and gas development, both onshore and offshore. One of them is the potential listing of the dunes sagebrush lizard as an endangered species.
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President Obama called on Congress Thursday to hold a prompt vote on repealing tax provisions for the oil-and-gas industry amid continually rising gasoline prices.
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Two Republican senators including Texas Sen. John Cornyn urged the Securities and Exchange Commission to add exemptions to proposed disclosure requirements for oil, gas and mining companies’ payments to host nations, saying the rules would harm U.S. industry.
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Large retail power companies would have to roughly double how much low-carbon power, such as solar, they sell by 2035 under legislation unveiled today by Sen. Jeff Bingaman, D-N.M., Senate energy committee chairman.
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Republican leaders of the House and Senate said they had a “positive” lunch with President Obama over a wide range of policies on Wednesday, including energy. But House Speaker John Boehner, R-Ohio, said he also used the opportunity to press the president on the Keystone XL pipeline.
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Shell Oil Co. has requested a legal review of its own oil-spill response plan for drilling in the Chukchi Sea, an unconventional move the company said is aimed at preventing a last-minute challenge from environmental groups that could once again delay its ambitions.
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