Protests are coordinated around the Nebraska review of the planned Keystone XL oil pipeline, days before the developer’s annual meeting, organizers said. Bold Nebraska called on opponents of the project Continue Reading
Exploration and production activity in the Permian basin shows the area could respond with major output once conditions improve, the Dallas Fed said. The Federal Reserve Bank of Dallas in Continue Reading
Technological advancements have just pushed the boundaries of recoverable oil and gas in the U.S. further, according to an announcement by the U.S. Geological Survey. The agency reported that two Continue Reading
The U.S. shale sector continues to be the hottest spot in natural resources investment. But news this week suggests America’s oil and gas industry may have a new rival — Continue Reading
Exploration and production (E&P) spending in the United States will increase this year for the first time since the 2014 downturn, which roiled the industry for two years rife with Continue Reading
The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia. “The Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing Continue Reading
Russian Energy Minister Alexander Novak said on Friday a decision on extending a global pact to cut oil production had not yet been taken, but would be discussed with OPEC Continue Reading
Most industrial managers expressed optimism about the pace of the economy, though oil and gas suppliers were less convinced, Norway’s government said. Norway is a leading oil and gas supplier Continue Reading
Financing for a liquefied natural gas project in the Arctic north of Russia by foreign creditors is a political win, Russian gas producer Novatek said Friday. Novatek, the largest private Continue Reading
Russia has cut 250,000 bpd of its crude oil output, with another 50,000 bpd to go as per its agreement with OPEC, Energy Minister Alexander Novak told media today, adding Continue Reading
