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Libya, holder of Africa’s largest oil reserves, has been split since last year when a coalition of Islamist militias captured Tripoli, forcing the elected government to move to the eastern region.
Mexico’s state-run oil company continues to search for three missing workers from a platform fireball that killed four others, while beginning to restore production at the damaged Gulf of Mexico facility, officials said Sunday
The Louisiana Offshore Oil Port recently auctioned 11.3 million barrels of monthly storage space and has scheduled another auction Tuesday, The Advocate reported.
Petroleos Mexicanos, or Pemex, said it became aware of the missing workers when it recounted personnel after Wednesday’s fire on the Abkatun-A Permanente shallow-water platform in the Campeche Sound.
Voices blogger Amy Myers Jaffe writes on how oil traders that appear to be hedging themselves against a possible deal between the West and Iran on the nuclear question miss the increasingly complex forces at play today in oil geopolitics.
In 2007, the Supreme Court ruled that EPA had authority under the Clean Air Act to regulate CO2 as a pollutant. It reached that conclusion even though Congress in the 1990 Amendments explicitly denied EPA that regulatory authority. The Court also ignored the scientific facts that CO2 is a nutrient, has been much higher in […]
An energy analyst says the U.S. prohibition on most crude oil exports probably will remain in place because policymakers have more pressing concerns than lifting the ban.
NextDecade, a privately owned company based in the Woodlands, has asked federal regulators for permission to build a liquefied natural gas export plant in Brownsville.
Industry would do well to embrace the new US Department of Interior Bureau of Land Management (BLM) rules for hydraulic fracturing on public lands. Stronger regulation and compliance in the sector is the industry’s best avenue to roll back an increasing trend for localities to seek outright bans. Twenty four US states currently have municipal […]
Natural gas producer Southwestern Energy will sell its gathering assets in Pennsylvania for $500 million, the company announced Thursday morning.