In an agreement announced Monday, the governors of California, Oregon, Washington and the environment minister of British Columbia, Mary Polak, will place a price on greenhouse gas pollution and mandate the use of cleaner-burning fuels. More »
A series of recent seismic imaging breakthroughs involving supercomputers are helping oil companies peek under challenging salt layers located miles below the Gulf of Mexico, spurring a discoveries and billions of dollars in new investment in offshore oil production. More »
The expertise of the offshore oil and gas industry outmatches the federal agency that oversees it, making it essential that the government reach outside its ranks for insight on the best technology to safeguard the work, according to a report issued Monday. More »
Congress needs to “modernize” the byzantine process for vetting proposed natural gas pipelines that would cross U.S. borders with Mexico or Canada, an industry trade group told lawmakers on Monday. More »
Oil began flowing from the first well in ConocoPhillips’ newest Norwegian offshore development project late last week, the first trickle of a four-year effort to expand production in the region, the company said Monday. More »
Activist investor Sandell Asset Management Corp. urged Spectra Energy Corp. to consider swapping its half of DCP Midstream LLC for units of a pipeline partnership controlled by Phillips 66, arguing it would raise shareholder value. More »
Scientists continue to study why the earthquake rate has changed so dramatically throughout this swath of Oklahoma — including possible links to wastewater disposal related to oil and gas production in the region. More »
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