03.26.18

Wyoming oil, gas lease sale nets about $20 million

The first Bureau of Land Management oil and natural gas lease sale in Wyoming this year closed last week after raking in almost $20 million, with half of the proceeds from the sale going to the state.

 

03.25.18

As oil production grows, new construction buildout expected

As North Dakota oil production is poised to hit a record this year, the industry has major infrastructure challenges ahead.

 

03.23.18

Report: Coal's tipping point near, but climate goals are not

Declines in coal power plant construction in China, India and the U.S. are projected to push the heavily-polluting fuel over the edge - but not fast enough to meet international climate change goals, environmental groups said Wednesday.

 

03.15.18

U.S. petroleum demand near its highest levels in 11 years

Led by gasoline and seasonal demand for heating fuels, U.S. petroleum demand hit 20.3 million barrels per day in February.

 

03.15.18

Senators want US to use all options to oppose Nord Stream 2 pipeline

Thirty-nine US senators urged the Trump administration to use all tools at its disposal - including a provision in the 2017 Countering America's Adversaries Through Sanctions Act (CAATSA) - to prevent construction of the Nord Stream 2 natural gas pipeline.

 

03.13.18

N.D. oil production holds steady in January

North Dakota oil production held steady in January despite harsh winter weather, producing an average of more than 1.17 million barrels per day.

 

03.12.18

Rules adding transparency to oil royalty statements get final OK

The Legislature's Administrative Rules Committee approved a new set of oil and gas rules Monday, but regulations that add transparency to royalty statements won't take effect until July 2019.

 

03.09.18

New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments and state revenues

Atlantic OCS - $260 billion. Pacific OCS - $160 billion. Eastern Gulf OCS - $118 billion. Alaska OCS - $53.4 billion.

 

03.09.18

Oil industry: Trump's offshore drilling plan could add $590B to economy

"Ultimately, the studies confirmed... opening the currently restricted areas would increase economic benefits, not only specifically for the coastal regions near the offshore development, but also nationally as well..."

 

03.07.18

Zinke says Interior should be a partner with oil companies

"Interior should not be in the business of being an adversary. We should be in the business of being a partner,"