News and Videos

01.16.18

U.S. Feb shale output expected to rise to 6.55 mln bpd: EIA

The global oil market has been closely watching U.S. output, which may continue to contribute to global oversupply even as OPEC members, Russia and other producers curb production.

 

01.16.18

U.S. expected to become net exporter of natural gas for first time in decades

[T]hanks to increased natural gas exports to Mexico, LNG exports to at least 20 countries and less gas flowing into the country from Canada, according to the U.S. Department of Energy.

 

01.15.18

In oil drilling, science replaces art

Everything is becoming more efficient. Fewer rigs are required because modern drilling rigs can drill more wells faster and longer. The increasing automation and use of robotics mean fewer people in the oil fields.

 

01.11.18

Oil and gas should be included in federal infrastructure push

"And this isn't just about the dollars and cents. Getting the policy right on energy infrastructure will lead to greater reliability, safety, security, and affordability."

 

01.08.18

Alaska may open up again for oil leasing, but risks linger

President Donald Trump's plan to open America's oceans to petroleum drilling was condemned by West Coast and Florida governors but welcomed in the state where most lease sales could be held.

 

01.04.18

Secretary Zinke Announces Plan For Unleashing America's Offshore Oil and Gas Potential

Draft Proposed Program considers nearly the entire U.S. Outer Continental Shelf for potential oil and gas lease sales.

 

01.03.18

Deep Freeze in U.S. Creates Heating Squeeze for Homeowners and Utilities

Homeowners, businesses and utilities across much of the United States were keeping a close watch on fuel supplies Wednesday as a record-setting cold snap caused demand for heating oil and natural gas to soar.

 

01.03.18

Trump to Seek Biggest Offshore Drilling Increase in Decades

The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean to the Arctic Sea, igniting a fight with coastal residents worried about oil spills befouling beaches and jeopardizing tourism dollars.

 

01.03.18

U.S. Energy Department directs $30 million to small oil, gas projects

Six small U.S. oil and natural gas drilling projects will receive about $30 million in federal funding for research and development to help achieve President Donald Trump's policy of boosting output of fossil fuels, the Energy Department (DOE) said on Wednesday.

 

01.02.18

United States To Leapfrog Russia In 2018 As The World's Top Oil Producer

U.S. Shale Oil: Growth Back On Track And Accelerating