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Report: Oil and gas on public lands a ‘blind spot’ in climate fight

The report pinpoints rising methane emissions from oil and gas wells on public lands and waters as a significant share of the heat-trapping gases tied to all energy development nationwide.  More »

Baker Hughes’ CEO talked with global conglomerate before Halliburton deal

The CEO of Baker Hughes had met with a global conglomerate in Europe just weeks before his company struck a $35 billion deal to sell itself to Halliburton, new corporate disclosures show.  More »

Feds collect millions in Gulf oil drilling sale, despite falling prices

Slumping oil prices tempered some of the industry’s enthusiasm for new drilling rights in the Gulf of Mexico — but not much.  More »

Striking Motiva workers approve contract

Employees could go back to work as soon as Monday, said Garrett Ozment, a union representative and machinist at the refinery, which is the nation’s largest.  More »

Out of Keystone debate’s glare, pipelines going in nationwide

While the Keystone project awaits a final decision, lesser-known developments have quietly added more than 11,600 miles of pipeline to the nation’s domestic oil network.  More »

Algeria oil corruption trial begins after 5-year delay

In a packed courthouse that included the ambassadors of Italy, the U.S. and Germany, prosecutors read out the charges against former head of Sonatrach, Mohammed Meziane, his two sons, and 16 other company officials.  More »

Businesses upbeat on Egypt’s chances at investment meeting

Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.  More »

Senators push oil-supply pact with Israel

Senators want the United States to renew a longstanding pledge to supply Israel with crude if the country’s oil supplies are interrupted.  More »

Oil could fall again if U.S. crude clutters storage, IEA says

The International Energy Agency says stable oil prices in recent weeks could be a mirage, as the market hasn’t finished shedding a global glut in crude supplies.  More »

Texas Petro Index falls as oil and gas activity continues to suffer

Every economic indicator measured by the index fell in January, the report indicated.  More »

OPEC official says oil market to return to balance later this year

OPEC Secretary-General Abdalla El-Badri also urged OPEC nations to diversify their economies, many of which rely mostly on oil revenue.  More »

Railroads work to recover from derailments as group calls for oil train ban

Canadian National Railway Co. is building a 1,500-foot long track to bypass a burning train that derailed Saturday in northern Ontario, while BNSF Railway Co. crews were working Sunday to reopen track in rural Illinois after a train carrying oil derailed three days ago.  More »

Train carrying crude oil derails in Canada

The derailment involved 10 train cars — some of which caught fire and entered the Mattagami River System, police said  More »

Oil sector loses jobs in February

About 1,100 oil and gas workers lost their jobs in February, as low crude prices spurred energy companies to lay down rigs and lay off employees.  More »

Continued cold finally boosts natural gas

Natural gas in working storage fell by 228 billion cubic feet to a total of 1.71 trillion cubic feet in the week ending Feb. 27, according to U.S. Energy Information Administration data.  More »
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