Shell appears closer than ever to securing airtight environmental permits for proposed drilling in Arctic waters near Alaska, but a company executive today warned the work may not get under way unless the government approves planned projects in both the Beaufort and Chukchi seas. More »
Roughly a dozen government agencies and cabinet-level departments have a say in oil and gas drilling in Alaska and nearby Arctic waters — a bureaucratic jumble that critics say has stalled development in the region. Today, the Obama administration launched a new inter-agency working group that seeks to put all the agencies on the same page. More »
Montana environmental regulators want Exxon Mobil to justify its estimate for how much oil spilled into the Yellowstone River, citing the company’s changing timeline on how long the pipeline leaked. More »
However, companies will remain cautious with investments and hiring, as they were throughout 2010, amid continued uncertainty in the global economy, commodity prices and political upheaval in the Middle East, a new report said. More »
A controversial plan to give states a greater share of federal revenues for offshore drilling near their coasts has snagged oil and gas legislation in the Senate. Supporters of the revenue-sharing plan for coastal states are closer than ever to advancing the initiative, over the objection of key Senate Democrats. More »
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