Shell Oil Co. expects to clear remaining regulatory hurdles and begin drilling later this year in the Chukchi Sea near Alaska, company President Marvin Odum said at a scientific conference on Thursday. More »
Tremors in Ohio, murky drinking water in Pennsylvania and a call for a moratorium by doctors isn’t eroding political support for hydraulic fracturing in the U.S. Congress and the Obama administration. More »
Petroleo Brasileiro SA (PETR4), the state- controlled oil producer, will accelerate reserve growth over the next four years as it deploys more production equipment in deep waters of the Atlantic Ocean, the chief financial officer said. More »
Conservation groups said they would campaign to put a North Dakota constitutional amendment on the ballot that would reserve tens of millions of dollars of state oil tax collections for water, wildlife and conservation projects. More »
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