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Obama administration delays hydraulic fracturing rule

In response to criticism from both the oil industry and environmentalists, the Obama administration is scrapping a 2012 plan to impose tough new mandates governing drilling on public lands.  More »

National Oceans Policy Is About Streamlining

This blog was written by Dr. Amber Mace,  Associate Director, Policy Institute for Energy, Environment & The Economy, University of California, Davis. Prior to joining UC Davis, Dr. Mace served as assistant secretary for coastal matters at the California Natural Resources Agency. Soon President Obama will release his final National Ocean Policy Implementation Plan. With [...]  More »

‘Private Empire’ delivers in-depth look at ExxonMobil’s evolution

In his weekly book review, Houston Chronicle business columnist Loren Steffy reviews New Yorker writer Steve Coll’s ‘Private Empire: ExxonMobil and American Power’.  More »

Schlumberger profits down 3.7 percent in Q4

Schlumberger has benefited from the explosion in tight oil and shale gas exploration in North America over 2012 as a whole, but a slowdown in services activity has resulted in weaker end of the year performance than Schlumberger had earlier estimated.  More »

EOG’s leadership change fuels deal talk

EOG Resources Inc. (EOG), the U.S. crude oil producer that’s rallied more than any peer in the past six months, offers the biggest energy companies the chance to expand in one of the world’s fastest-growing markets.  More »

Saudi Shifts Governor of Eastern Province

The Saudi royal family has long been noted for its practical resilience and the recent replacement of the long-standing governor of the East Province, Prince Muhammad Bin Fahd, is a case in point. The change in governors came in the aftermath of a renewed wave of protests set in motion by the shooting of an [...]  More »

MTBE still a water risk, witness says at ExxonMobil trial

A chemical additive to gasoline meant to make it burn more thoroughly poses a long-term threat of contamination in New Hampshire, a witness testified at the trial of ExxonMobil Corp.  More »

Oil Watch: Reconciliation of JODI and EIA C+C Production Data

Executive Summary Oil production and consumption data reported by JODI (Joint Organisations Data Initiative) is reported to JODI by national governments giving us reason to believe that this may be the most reliable data set upon which to base interpre…  More »

Kinder Morgan reports rise in fourth-quarter profits

Kinder Morgan Energy Partners reported Wednesday that fourth-quarter profits were up sharply as the company expands to meet the transportation needs of the country’s growing energy production operations.  More »

Oil & gas industry could see revenue sharing win this year

The oil industry’s top ambassador in Washington predicted Congress could move swiftly to give coastal states more revenue collected for energy development near their shores.  More »

Offshore Technology Conference names new executive director

After a decade as managing director, Stephen Graham steps into the top job at of the Offshore Technology Conference.  More »

BP: Oil will remain king for transportation through 2030

British oil giant BP expects unconventional sources of energy to play an increasing role in the world’s energy mix over the next 20 years, but it believes oil will remain the primary fuel for transportation.  More »
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