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.
As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean.
The state has set aside up to $24 million in grants for those switching to natural gas vehicles. The Texas Commission on Environmental Quality this week opened the program, which encourages those who own and operate heavy-duty or medium-duty vehicles to replace them with natural gas vehicles. You don’t have to buy a new vehicle. Converting an existing engine to run […]
Three counties in the Eagle Ford Shale region top the state’s latest list for crude oil production. Karnes, La Salle and Gonzales counties in September produced the most crude oil in Texas. Also in the state’s top 10 are three more Eagle Ford counties: DeWitt, McMullen and Dimmit. Here’s the list of September’s top crude oil producers – […]
Lawyers for two state agencies on Thursday asked the Pennsylvania Supreme Court to reconsider its decision last month that struck down key components of a state law that regulates natural gas drilling.
A decision from the Idaho Public Utilities Commission expected within weeks may resolve a fight with Idaho Power Co. over whether it must buy electricity from three 20-megawatt solar farms planned near Boise.
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