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oil drilling

(AP Photo/Gerald Herbert, File)

Senators ask SEC to probe oil companies’ risk disclosure

A dozen Democrats insist oil companies aren’t telling shareholders the gritty reality of their crude pursuits, including the environmental and financial risks of drilling in the Arctic Ocean and other frontier areas.
An aerial view of the Centenario exploration oil rig in the Gulf of Mexico. (AFP Photo/Omar Torres)

Offshore oil auction draws low interest

Just five oil and gas companies submitted sealed bids for western Gulf of Mexico acreage, ahead of Wednesday’s auction in New Orleans.
(Marcus Bengtsson/Creative Commons)

Shell-contracted icebreaker to get repairs in Oregon

The decision to stitch up a meter-long gash in the MSV Fennica at a Vigor Industrial shipyard in Oregon, rather than on site in Dutch Harbor, Alaska, is another setback for Shell.
(Photo by Andrew Burton/Getty Images)

Judge merge suits from a trio of states contesting new federal drilling rules

That lawsuit filed by the Independent Petroleum Association of America and Western Energy Alliance against Interior Secretary Sally Jewell and others is now the lead case. The state of Wyoming along with Colorado and North Dakota filed the other lawsuit.
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

Statoil, West Virginia agree on deal for drilling under Ohio River

The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

U.S. drillers scrambling to thwart OPEC threat

Companies are leaning on new techniques and technology to get more oil out of every well they drill, and furiously cutting costs in an effort to keep U.S. oil competitive with much lower-cost oil flowing out of the Middle East, Russia and elsewhere.
(U.S. Fish and Wildlife Service via The New York Times)

BLM clears way for petroleum reserve development

The decision is a shift from the alternative that BLM had earlier selected as its preferred option. But it aligns with the alternative chosen by the U.S. Army Corps of Engineers.
(AP Photo/Charles Rex Arbogast, File)

Antero Resources to lay off more than 250 contract brokers

An Antero representative says prices for natural gas liquids have been affected by a drop in crude oil prices.
A photo of a proposed wilderness area in Southern Utah. Anadarko Petroleum Company's plan to drill new natural gas wells in an area of the Uintah basin has been praised by some environmentalists for its incorporation of feedback from concerned parties. (Ray Bloxham/Southern Utah Wilderness Alliance)

Utah gears up for lands fight as deadline passes

A Utah state report found that oil and gas leases would allow Utah to afford the $280 million annual cost of managing the land, but only if those prices remained high.
(Photo: Gerald Herbert/AP)

U.S. drillers shift oil rigs to tap most reliable fields

The oil-rig count has fallen from a peak of 1,609 on Oct. 10 as companies slow drilling in response to a 26 percent slide in crude prices over the past four months.