The Biden administration is planning to block oil and gas drilling across millions of acres in an Alaskan reserve, which Congress specifically set aside for resource development. The Department of Interior (DOI) is expected to finalize regulations on Friday, just days ahead of Earth Day. These regulations would effectively lock up more than 13 million acres of public land within the National Petroleum Reserve (NPR-A), sources familiar with the agency's timing told Fox News Digital. The...
NSAI's best estimates of Kodiak's contingent recoverable resources sum to 1.2 Bbbl of marketable liquids (oil, condensate and natural gas liquids) and 5.4 Tcfg. The new resource represents a 25% increase (963 MMbbl to 1.2 Bbbl) in recoverable marketable liquids compared to NSAI's previous 2023 report.
WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in []
Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
Northern Oil and Gas, Inc. (NYSE:NOG – Free Report) – Equities research analysts at Capital One Financial raised their Q1 2024 EPS estimates for shares of Northern Oil and Gas in a report released on Thursday, April 11th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of […]
Columbia Gas customers across at least five counties are smelling natural gas in their homes, prompting many to call their local fire departments for help.
With Nigeria facing the reality of not meeting its 2024 oil production target, Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Chief of Defence Staff, Major General Christopher Musa have vowed to curb oil theft and pipeline vandalism in the Niger Delta region.
Tareck El Aissami latest in purge of politicians, human rights advocates and critics by government of Nicolás MaduroVenezuela’s former oil minister Tareck El Aissami – once one of President Nicolás Maduro’s closest allies – has been arrested for allegedly participating in an international scheme that syphoned off hundreds of millions of dollars from the country’s state oil company.The charges against El Aissami are part of a wider government purge that has so far led to charges being brought...
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U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Drivers in Texas saw a 7-cent increase in gas prices with an average of $3.29/gallon of regular unleaded fuel however the increase marked a 7-cent decrease when compared to this day last year on Thursday, according to the AAA Texas Weekend Gas Watch.
Can you imagine paying seven dollars for a gallon of gasoline? It could soon happen, because it appears that Israel is about to strike Iran, and that is likely to cause events in the Middle East to spiral completely out of control. Right now, approximately one-fifth of all oil used in the world goes through the Strait of Hormuz. An apocalyptic war in the region could potentially close the Strait of Hormuz until the conflict is resolved one way or the other. In addition, oil infrastructure could...