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U.S. oil and gas lobby calls for industry-led energy revolution![]() ![]() Washington (UPI) Jan 5, 2017 The leading oil and gas lobbying group in the United States called on leaders in Washington to release the reins of regulation for the sake of the nation. "It is our view that regulations that do not align with those basic and commonsense goals should be reexamined, revised or removed to make way for smarter and forward-looking energy policies," Jack Gerard, the president and CEO at the American Petroleum Institute, said in an annual address in Washington. The incoming administration of ... read more |
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![]() The OPEC-fueled market recovery hasn't been felt yet in Texas, where the energy sector appears to have bottomed out, an economist said. ... more ![]() ![]() Oilfield services company Schlumberger said it continued where it left off last year with the acquisition of specialty company, Peak Well Systems. ... more ![]() ![]() Iraq has cut crude production by some 200,000 barrels per day as part of an OPEC oil cartel agreement aimed at boosting flagging prices, the oil ministry's spokesman said Thursday. ... more ![]() ![]() Additional commitment to an OPEC production agreement and a decline in U.S. inventories pushed crude oil prices higher in early Thursday trading. ... more |
Previous Issues | Jan 05 | Jan 04 | Jan 03 | Jan 02 | Jan 01 |
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![]() A field complex in the North Sea has passed a production milestone of 1 billion barrels of product, far more than expected, Aker BP said. ... more ![]() ![]() Iraq has started trimming crude oil production in a managed fashion in order to comply with an OPEC agreement, the oil minister said. ... more ![]() ![]() US Gulf allies are looking at Donald Trump to tilt Washington in their favour, analysts say, but fear a dangerous void if the incoming president goes so far as to tear up the Iran nuclear deal. ... more ![]() ![]() A fire reported early Thursday at an oil production platform is out with no indications so far of pollution in the Gulf of Mexico, the U.S. Coast Guard said. ... more ![]() ![]() Norwegian energy major Statoil said it would drill 30 percent more exploration wells than it did in 2016 and most of those will be in domestic basins. ... more |
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![]() ![]() Exxon, Tillerson address conflict of interest concerns ![]() ![]() Crude oil prices lost some ground in early Wednesday trading as competing narratives pulled on market direction after sharp volatility in the previous session. ... more ![]() ![]() Nigeria's state oil company said more than 30 companies, with nearly half of those foreign entities, have received one-year term contracts for crude oil. ... more |
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