BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
In order to show just how great the potential for Glass is, Google is actively looking for storytellers or “Explorers” (like this fireman) to show how they can apply this technology to their areas of technical expertise. Today I am incredibly excited that I was invited to be a part of the Explorer program.
The State Department on Friday said the Keystone XL pipeline is unlikely to dramatically boost demand for Canada’s oil sands, delivering a verdict that angered environmentalists even as it gave President Barack Obama the evidence he needs to approve the controversial project.
The rapid growth of U.S. oil and gas production is dramatically changing trade patterns in the region, and next year’s expansion of the Panama Canal likely will prompt even more dramatic shifts, according to a new report from the U.S. Energy Information Administration.
In the heated political battle over drilling in chilly Alaskan seas, a court ruling drilling proponents blame for thwarting the activity provides handy cover for stakeholders from Anchorage to Washington.
The U.S. State Department is preparing to issue a report as soon as today that will probably disappoint environmental groups and opponents of the Keystone XL pipeline, according to people briefed on agency discussions.
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