US President Donald Trump announced a series of actions aimed at
achieving not just American energy independence, but dominance. The
initiatives include opening federal offshore areas to oil and gas
development under a 2019-24 leasing program, build…
Lake Charles LNG Export Co. LLC, a subsidiary of Energy Transfer Partners LP (ETP), has entered into a memorandum of understanding with Korea Gas Corp. (Kogas) to study the feasibility of joint participation in the Lake Charles LNG liquefaction project…
Light, sweet crude oil prices continued gaining on the New York
market on June 29 while US natural gas futures touched a 4-week high in
early June 29 trading. Gas futures settled 5Â¢ lower than the previous
day, ending a four-session gaining streak.
London-based energy data and analytics firm McKinsey Energy Insights
(MEI) has released its latest Offshore Drilling Market Outlook to 2030,
saying activity appears to have reached or neared the bottom. Most of
the drilling rig overhang from before …
Emily Pitlick Mallen has joined Sidley Austin LLP as a partner in its Washington, DC, office and member of its energy practice.
ConocoPhillips has agreed to sell its interests in the Barnett shale of North Texas to an affiliate of Miller Thomson & Partners LLC, Lafayette, La., for $305 million plus net customary adjustments.
US President Donald Trump intends to nominate Richard Glick,
presently general counsel for the US Senate Energy and Natural Resources
Committee, as a Federal Energy Regulatory Commission member, the White
House announced on June 28.
Ireland is set to ban hydraulic fracturing of onshore oil and gas wells, joining France, Germany, and Bulgaria in prohibiting the completion method.
The government of India will offer two types of oil and gas contract, based on the span of operation, under its new Open-Acreage Licensing Program.
Carrizo Oil & Gas Inc., Houston, has agreed to buy 16,488 net acres in Reeves and Ward counties of West Texas from Midland-based ExL Petroleum Management LLC, a portfolio company of Houston private equity firm Quantum Energy Partners, for $648 mill…