Gas prices again fueling energy policy debate
Gasoline prices have once again risen to the forefront of energy policy debate, resulting in a political back-and-forth among lawmakers, interest groups and the Obama administration. More »
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Pioneer Drilling logs a 4Q profit
Pioneer earned $6.8 million in the quarter, as its rig utilization rates increased and margins rose for its production services division.
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Anadarko says Jupiter-1 well off Sierra Leone finds oil
Anadarko Petroleum Corp. (APC) said the Jupiter-1 exploration well off Sierra Leone found oil and gas. More »
Crews prepare Alaska well blowout site for cleanup
Crews in Alaska’s North Slope have removed some drilling fluid and contaminated snow from areas near a rig involved in a petroleum well blowout. More »
U.S., Mexico, reach accord on drilling below maritime border
The U.S. and Mexican governments agreed Monday to cooperate on oil and gas development in waters along the nations’ maritime border in the Gulf of Mexico. More »
Marcellus Shale gas drillers recycling more waste
Pennsylvania’s Marcellus Shale gas drilling companies are recycling more and more of their briny, chemical-laden wastewater, in most cases complying with a request from state officials to keep the pollutants from being discharged into rivers that supply drinking water. More »
Cleanup prep continues at Alaska well blowout site
Alaska environmental regulators say cleanup preparations continue at the site of an exploratory well blowout on Alaska’s North Slope. More »
U.S. oil gusher blows out projections
The United States’ rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts. More »
Industry slams plan to hike royalty rate for federal lands
The oil-and-gas industry is attacking Interior Secretary Ken Salazar’s comment that his department planned to raise royalty rates for oil and gas produced on federal lands by 50 percent. More »
Shell moves one step closer to drilling in the Chukchi Sea
The Interior Department said this morning it has approved Shell Oil’s plan to respond to potential oil spills in the Chukchi Sea, bringing the company one step closer to drilling in waters off the northern coast of Alaska. More »
House passes drilling-friendly energy package
The Republican-controlled House endorsed a plan Thursday to vastly expand oil and gas drilling off the nation’s coasts to help pay for a $260 billion transportation bill.
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House passes bill that expands drilling, approves Keystone XL
The House of Representatives on Thursday passed a bill that would expand oil-and-gas production into new areas and approve the Keystone XL pipeline. But President Obama has threatened to veto the bill, and it stands little chance of passing the Democratic-held Senate. More »
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