Category: General

Default category

The Unintended Consequences of Going Green

The Ukraine crisis and the possible use of natural gas as a weapon against the Ukraine and Western Europe is an unintended consequence of EU excessive focus on emissions reduction and green energy.  By focusing on its green agenda to the exclusion of energy and economic security, European nations have made their current energy problem […]  More »

Oil rigs in US extend record as Eagle Ford drilling surges

Rigs targeting oil in the U.S. jumped to a record as energy producers used the most in a year to drill for crude in Texas’s Eagle Ford shale formation. Oil rigs increased by 14 to 1,487, the highest level since Baker Hughes split the oil and gas counts in 1987, data posted on the company’s […]  More »

White House strategy to cut methane takes aim at oil industry

The White House on Friday unveiled a broad strategy for curbing greenhouse gas emissions, including regulations clamping down on methane tied to oil and gas development.  More »

Total plans to drill for shale gas with Sinopec in China

Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest. Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng […]  More »

Woodside misses deadline on Israeli gas deal as talks continue

Woodside Petroleum, Australia’s second-largest oil producer, missed its target for completing a deal to buy a stake in a natural gas project in Israel, 15 months after signing an initial accord.  More »

Former Energy Secretary James Schlesinger dies

Schlesinger, who died Thursday at the age of 85, built an impressive national-security resume under Republican presidents Richard Nixon and Gerald Ford and served as the nation’s first energy secretary under Democratic President Jimmy Carter during the energy crisis of the late 1970s.  More »

Report: Bad gasoline shipped from Exxon’s Baton Rouge terminal

Exxon Mobil’s Baton Baton Rouge gasoline terminal shipped out tainted fuel that has clogged up car systems, the state’s commissioner of Agriculture and Forestry told The Advocate.  More »

Feds list lesser prairie chicken as threatened

WASHINGTON — The Obama administration said Thursday it is placing a grassland grouse known as the lesser prairie chicken on a list of threatened species, a move that could affect oil and gas drilling, wind farms and other activities in five central and southwestern states. The decision by the Fish and Wildlife Service is a […]  More »

Sanctions likely to sting big Russian oil projects

International sanctions against Russian officials could endanger the country’s multibillion-dollar pipeline, liquefied natural gas and offshore projects as the cost of borrowing money surges, according to a report released this week.  More »

Petrobras spending on Pasadena refinery snares Brazil finance minister in scandal

Brazil’s top finance official is being roped into a growing scandal over Petroleo Brasileiro SA’s $1.19 billion purchase of a Texas plant, the latest in a string of troubles plaguing the company’s money-losing refining unit.  More »

Oil hovers above $100 despite higher supplies

The price of oil remained above $100 a barrel Thursday as traders held positions after a surge the day before despite a larger-than-expected increase in oil supplies.  More »

Want to hurt Russia? Oil exec suggests exporting crude

The quickest way for the United States to weaken Russia’s influence and help allies abroad is by exporting its crude oil — not its gas — Continental Resources CEO Harold Hamm told lawmakers on Wednesday.  More »
Page 2 of 2,77312345...102030...Last »