Legislation
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.
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.
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.
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.
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.
Legislation , Storage
Lawmakers Introduce Bill to Fund Oil Purchase for Emergency Reserve
$3 billion measure would replace purchase struck from the stimulus bill.
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.
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.
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The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.
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.