The Biden administration has cast a troubling cloud over the energy outlook for the Gulf of Mexico. New oil and gas lease sales in the Gulf of Mexico have been halted at a time when […]
(The Hill) – The Supreme Court on Thursday curbed the Environmental Protection Agency’s (EPA’s) ability to regulate climate change, setting limits on how the agency can deal with power plants. In a 6-3 ruling, the […]
DENVER, June 29, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (“COGCC”) approved the Company’s Broe Oil & Gas Development […]
June 29 (Reuters) – The Biden administration’s first sale of oil and gas drilling rights on federal land garnered thin industry interest on Wednesday while environmental groups filed two separate lawsuits seeking to invalidate the […]
AUSTIN – Railroad Commission of Texas commissioners approved a proposed sweeping weatherization rule to help protect Texans during weather emergencies that could occur any time of the year. The proposed rule that was approved today is open […]
June 29 (Reuters) – BlackBrush Oil and Gas has placed some of its assets in south Texas for sale, seizing on a surge in energy prices, people familiar with the matter said on Wednesday. The […]
It’s the question everyone is asking: Are we about to enter a recession? A tepid stock market, soaring inflation, and rising interest rates have left Americans less than optimistic about the state of the economy. […]
Chevron Corporation earlier this month completed its previously announced acquisition of biodiesel production company Renewable Energy Group, Inc. (REG) following approval by REG stockholders. “We have brought together companies with complementary capabilities, assets, and customer […]
A coalition of environmental groups on Wednesday sued the Biden administration over its approval of oil and gas lease sales in four Western states. The lease sales in Montana, Nevada, North Dakota and Utah mark the first […]
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.8 million barrels from the previous week. At 415.6 million barrels, U.S. crude oil inventories are about 13% below the five […]
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