Biden bans US offshore oil and gas drilling ahead of Trump’s return
Analysts say the ban will have little practical impact on US oil and gas production, but sends a "strong political signal" to other nations including the UK.
Analysts say the ban will have little practical impact on US oil and gas production, but sends a "strong political signal" to other nations including the UK.
One of the most comprehensive aerial surveys of methane gushing from US oil and gas facilities shows operators must slash emissions by roughly 80% or more to meet major industry targets.
US oil and gas majors are lagging significantly behind their European counterparts in adapting to the energy transition, according to a new report.
Steve Pruett has seen more than his share of booms in three decades in the oil business. None, though, as strange as the one gripping the Permian Basin right now.
Empyrean said it intends to proceed with a return to shareholders as soon as the US taxation situation can be confirmed.
Anadarko plans to sell up to $3 billion of assets this year as it aims to offset the effects of the oil price crash.
Cheniere Energy has reported a net loss $291million for the three months ended December 31, 2015, compared to a net loss of $158.6million the previous year.
Northcote Energy is seeking to establish a joint venture for its Oklahoma portfolio rather than an outright sale as market conditions make such a sale less likely.