Under Trump, U.S. drilling permits on federal lands soar
The United States approved nearly 40 percent more oil and gas drilling permits on public lands in 2018 than it did the previous year thanks to an automated online system Continue Reading
Chevron to Buy Anadarko Petroleum in $33 Billion Cash-and-Stock Deal
Chevron Corp. has agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that expands its shale-drilling ambitions and places it just behind Exxon Mobil Corp. as one of Continue Reading
How Big Business Is Hedging Against the Apocalypse
Rex Tillerson stood under a 32-foot pipe organ at the Morton H. Meyerson Symphony Center in Dallas, explaining how the world worked. It was May 2015, in the middle of Continue Reading
Soaring Permian Output To Cap Oil Rally
The U.S. crude oil production juggernaut continues to move forward. In 2018, U.S. production increased 17 percent over the previous year in a dynamic that is impacting both geopolitics as Continue Reading
Chevron To Buy Anadarko In $33B Deal
Chevron Corporation said on Friday that it had entered into a definitive agreement to buy Anadarko Petroleum Corporation in a stock and cash transaction valued at US$33 billion that will Continue Reading
Exxon, Others Add to Claims That US Sold Toxic Crude
Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil Continue Reading
US Has Net Loss of Three Rigs
The nation added two oil rigs and dropped five gas rigs. Coming off a week of adding 19 oil and gas rigs , and the first rig increase in seven Continue Reading
Chevron to Buy Anadarko Petroleum in $33 Billion Cash-and-Stock Deal
Chevron Corp. has agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that expands its shale-drilling ambitions and places it just behind Exxon Mobil Corp. as one of Continue Reading
March Temperatures in Alaska: 20 Degrees Hotter Than Usual
By local standards, Alaska has been sweltering this spring. Temperature records have been set across the state, including in Kotzebue, where the thermometer reached 42 degrees Fahrenheit on the last Continue Reading
Decline In U.S. Oil Rigs Sends WTI Higher
The the number of active oil and gas rigs fell in the United States this week according to Baker Hughes. The total number of active oil and gas drilling rigs Continue Reading