News

Oil and Natural Gas News
Mar 20, 2019
Shale and other low-permeability formations have reversed a 40-year decline in North American oil and gas production and survived a severe price downturn. However, play maturation and exhaustion have led to productivity declines. Technology will determine…
Mar 19, 2019
Resumption of oil and gas geological and geophysical (G&G) data gathering on the US Mid-Atlantic Outer Continental Shelf after more than 30 years would help advance scientific knowledge as well as identify and determine the value of potential resource…
Mar 19, 2019
Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry.
Mar 19, 2019
The US Environmental Protection Agency formally proposed allowing year-round sales of gasoline with 15% ethanol on Mar. 12, a move that corn ethanol suppliers cheered and refiners condemned. It also proposed modifying parts of its Renewable Identification…
Mar 19, 2019
The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast, according to Rystad Energy.
Industry Headlines
Mar 20, 2019
Both the WTI and Brent contract prices finished the day higher.
Mar 20, 2019
Higher oil prices may not always be a bad thing for the U.S. economy, according to a White House report.
Mar 20, 2019
$264 billion will need to be spent by exploration and production companies in existing operations and new opportunities to realize the UK oil and gas industry's Vision 2035.
Mar 20, 2019
The oil and natural gas industry employed over 348,000 Texans in 2018, TXOGA reveals.
Mar 20, 2019
Oil's rally stuttered as uncertainty over the status of trade negotiations between the U.S. and China stoked concerns over global economic growth.