Exploration & Production , Legislation , Health, Safety & Environment , Lease Sales

Trump Policy Favoring Drilling over Sage Grouse Protection Thrown Out

The order was the latest legal blow to U.S. President Donald Trump's effort to increase oil and gas production on federal lands by rolling back environmental regulation.

May 26, 2020

Crude Oil , Legislation

WTI Crude Strengthens as Certain Stimulus Measures to Continue

Another drawdown in U.S. crude stockpiles in official weekly data to be released on May 20 could support oil prices more, said John Kilduff, a partner at Again Capital Management in New York.

May 19, 2020

Business , Legislation

Few US Oil Firms Return Small-business COVID-19 Loans

Among those receiving loans, but which had not disclosed whether they would return the funds as of May 18, were exploration firms Amplify Energy and Battalion Oil.

May 19, 2020

Investment , Legislation , Infrastructure , Tankers , Construction

Despite Short-term Pain, Oil and Gas Leaders Stress Infrastructure Gain

Executives and politicians discuss ways to position the industry for the coming rebound.

May 14, 2020

Business , Legislation

How the US Could Use Taxpayer Dollars to Save Oil and Energy Companies

About half of the top 60 independents could face bankruptcy this year.

April 27, 2020

Legislation , Storage

Lawmakers Introduce Bill to Fund Oil Purchase for Emergency Reserve

$3 billion measure would replace purchase struck from the stimulus bill.

April 8, 2020

Investment , Legislation , Shale Plays

Oil Price Plunge, Coronavirus Spur Tax Relief for Wyoming Producers

Wyoming governor recently signed a bill to help oil and gas producers reduce severance and conservation taxes.

April 7, 2020

Crude Oil , Trade , Legislation

Oil Analysts Skeptical about Saudi-Russian ‘Deal’

Trump said April 2 he had brokered a deal between Russia and Saudia Arabia, but made no offer to reduce U.S. output, and benchmark Brent oil futures surged 21% in a record one-day rise. Here are analysts’ views on the deal.

April 3, 2020

Crude Oil , Trade , Legislation , Storage

Small, Midsize Oil Producers Left Out of Stimulus Bill

The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.

March 26, 2020

Exploration & Production , Legislation

US Lawmakers Ask Interior To Cut Offshore Oil Royalty Rates Due To Market Slump

The economic fallout of the outbreak combined with a price war between major oil producer nations Saudi Arabia and Russia has triggered a slump in crude oil prices that threatens the once booming U.S. drilling industry.

March 20, 2020