North America
News
March 29, 2022
The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included in its newly released budget proposal.
News
March 29, 2022
Shell Offshore Inc. announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day.
News
March 28, 2022
Canada’s oil sands would play the biggest role in the government’s pledge to boost crude and natural gas exports by 300,000 barrels a day this year to compensate for Russian supplies.
News
March 25, 2022
The U.S. and the European Union will push to boost supplies of LNG to European countries by the end of 2022 in a bid to begin to displace some Russian gas, a political framework that now leaves companies to sort out the details.
News
March 24, 2022
The American Petroleum Institute has awarded its Gold Medal for Distinguished Achievement – its highest honor and leadership recognition – to Gary R. Heminger, former chairman and CEO of Marathon Petroleum Corporation.
News
March 24, 2022
The Canadian government delayed bids for oil exploration off the coast of Newfoundland and Labrador by up to 90 days, leading industry groups to warn that continuous regulatory delays could turn away investors.
News
March 21, 2022
Companies will need to reveal detailed information about their greenhouse gas pollution under a new U.S. Securities and Exchange Commission plan, portending a major shift in how corporations must show they are dealing with climate change.
News
March 21, 2022
Rockcliff Energy LLC, a private equity-backed natural gas explorer, has been speaking with advisers as it evaluates takeover interest from rival U.S. shale drillers, people with knowledge of the matter said.
News
March 18, 2022
The Biden administration said it would resume plans for oil and gas drilling on federal lands after a federal appeals court granted a White House request to allow the administration to use a revamped metric for calculating the potential cost to society of greenhouse gas emissions.
News
March 18, 2022
The activist investor that forced a board shakeup at Exxon Mobil Corp. to accelerate a move to clean energy is calling on U.S. shale to produce more.
News
March 17, 2022
Warren Buffett’s Berkshire Hathaway Inc. snapped up 18.1 million additional shares of Occidental Petroleum Corp., giving the conglomerate a 14.6% stake in the oil giant.
News
March 16, 2022
Any company that fails to respond within 60 days “will be presumed to be boycotting energy companies,” according to a statement released on Wednesday.
News
March 15, 2022
Demand for rigs is now higher than it’s been in years, and the Canadian summer drilling season is likely to start earlier than usual.
News
March 13, 2022
Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Saturday.
News
March 11, 2022
Back-to-back appearances by U.S. Senators Joe Manchin and Lisa Murkowski put a dramatic flourish to the final day of the week-long CERAWeek by S&P Global conference in Houston on Friday.
News
March 11, 2022
The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic.
News
March 10, 2022
U.S. Energy Secretary Jennifer Granholm discussed a strategy to expedite the energy transition and ensure global energy security at the CERAWeek by S&P Global energy conference.
News
March 10, 2022
Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter.
News
March 09, 2022
The top U.S. energy official openly called on oil and natural gas producers to boost supply amid an energy crisis sparked by Russia’s invasion of Ukraine.
News
March 09, 2022
Oil industry executives are meeting with U.S. officials this week as surging energy prices and mounting national security concerns bring together two groups that have had a distant relationship since Biden’s inauguration.
News
March 09, 2022
It is high time that the U.S. forges a new energy policy, based on facts and common sense, says Gulf Energy Information President John Royall.
