US still top oil and gas producer in 2015
The US remained the world's top producer of petroleum and natural gas last year, according to new data from the country's Energy Information Adminstration (EIA).
US
Obama sets stage for huge emissions cuts, unless Trump wins
Oil-and-gas producers have a financial incentive to make sure methane doesn't leak from wells and pipelines. Yet the release of methane has become a well-documented global problem—once it joins the atmosphere, it becomes a potent greenhouse gas that's responsible for a quarter of the Earth's extra heat.
Presidential election to have “major impact” on oil production
US oil production could be up for a significant shake-up after the presidential election in November, according to an industry expert.
US Supreme Court knocks back shareholders appeal
BP has been handed a victory after the US Supreme Court pushed back an attempt by shareholders to revive a class action lawsuit against the oil major in relation to the 2010 Gulf of Mexico spill.
Maxwell Drummond cancels OTC event after entering adminstration
Maxwell Drummond International (MDI) has cancelled an event at the annual Offshore Technology Conference (OTC) in Houston after it entered administration last month.
US Congress pushing ahead with pipeline reforms
The US Congress is said to be pushing federal pipeline regulators to wrap up reforms which were approved five years ago in response to a number of accidents on oil and natural gas pipelines.
Shale oil boss backs Trump for US President
A former energy advisor to Mitt Romney and chief executive of shale oil producer Continental Resources, has backed Trump for President.
US Senate passes energy legislation
The sharply divided US Senate has passed a comprehensive energy legislation for the first time in nearly a decade, forging a rare bipartisan compromise -- even if the result is far less ambitious than energy packages of years past.
Seadrill to make Houston redundancies
Seadrill said it plans to make more than 100 redundancies from its Houston office.
Number of charges dropped in Black Elk case
A number of charges filed against companies and employees following a 2012 oil platform have been thrown out.
Shell Oil to sell Houston land
Shell Oil is said to be planning to sell a large area of land close to the Texas Medical Centre in Houston.
Marathon Oil shuts Houston office as flash floods hit city
Staff at Marathon Oil in Houston have been forced to stay at home after flash floods hit the city.
US set to issue tighter offshore drilling rules fought by industry
The Obama administration will issue sweeping new regulations on offshore drilling Thursday, imposing potentially costly requirements for those coastal wells and the emergency equipment meant to prevent environmental disasters.
Two workers dead, another injured in Texas pipeline explosion
Two workers have been killed while another has been injured after a high-pressure release from a pipeline in South Texas.
SoCal to partially restore operations at Aliso Canyon storage field
Southern California Gas Co aims to partially restore operations at its crippled Aliso Canyon storage field by late summer following a huge gas leak last year.
Halliburton’s bonus plan shows forecasting oil price is hard
It seems not even the board of Halliburton Co. thought the price of oil would remain depressed this long.
MRC Global wins Chevron Gulf of Mexico contract
MRC Global has won a new maintenance, repair and operations agreement to be a preferred supplier of pipe, valves and fittings products and services to Chervron's operations in the Gulf of Mexico.
Keystone oil pipeline shuts and oversupplied US market shrugs
This week’s shutdown of the Keystone oil pipeline has stopped up the route for roughly a quarter of the crude flowing into the U.S. Midwest.
Statoil gives six-figure sum to firefighters after US fracking blast
Norwegian operator Statoil has agreed to pay $100,000 to compensate emergency workers in the US after a blast at a natural gas fracking site.
World heritage sites ‘at risk from harmful industries’
Half of the world’s natural World Heritage sites are at risk from harmful industrial activities such as mining, dredging or drilling for oil, a report has warned.
Exxon climate science probe expands as New York gains allies
Massachusetts became the latest state investigating whether Exxon Mobil Corp. misled investors and the public about how climate change may affect its business.
World leaders to meet in Washington for nuclear security summit
World leaders will gather in Washington to discuss how to prevent terrorists getting hold of radioactive material, with the UK set to play a leading role in protecting nuclear facilities from cyber attack.
Sempra Energy boss achieves biggest bonus months after US gas leak
A chief executive has been awarded her biggest bonus - in the same year Sempra Energy was involved in the biggest gas leak in US history.
Here’s the US earthquake forecast, now including the quakes we cause
Towns on the Great Plains are built to withstand tornadoes. Earthquakes are a new thing. A cluster of central states surrounding Oklahoma now faces the highest risk of earthquakes induced by human activities "such as fluid injection or extraction," according to a short-term seismic forecast by the US Geological Survey.
Barclays warns commodities may slump on ‘rush for the exits’
Commodities including oil and copper are at risk of steep declines as recent advances aren’t fully grounded in improved fundamentals, according to Barclays Plc, which warned that prices may tumble as investors rush for the exits.