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US rig count stable this week, holds at 709

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week held steady at 709. Houston’s Baker Hughes said Friday that 541 rigs were seeking oil and 168 explored for natural gas. A year ago, with oil prices more than double current prices, 1,875 rigs were active. ...

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Plans resume for natural gas pipeline in northeast Nebraska

NORFOLK, Neb. (AP) — Work has resumed on development of a 50-mile natural gas pipeline dubbed the Northeast Nebraska Line that will run from Bancroft to Norfolk. The Norfolk Daily News says Black Hills Energy first announced the project last year after a Houston-based company said it planned to build a manufacturing plant in Norfolk. But falling oil prices interrupted ...

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Filings: Pipeline firm has power-plant deal

FRANKLIN — Energy giant Kinder Morgan, the company behind the proposed Northeast Energy Direct (NED) pipeline, has an agreement with a company planning to construct a natural gas-fired electric generating plant in New York, according to documents filed with federal regulators. However, the location of that power plant and the identity of the company behind it are not mentioned in ...

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AP Explains: Why US will allow oil exports for 1st time in decades

FILE - In this July 21, 2015, file photo, an oil tanker passes a fisherman as it enters a channel near Port Aransas, Texas, heading for the Port of Corpus Christi. The U.S., seemingly awash in crude oil after an energy boom sent thousands of workers scurrying to the plains of Texas and North Dakota, will begin exporting oil for the first time since the 1973 oil embargo. (AP Photo/Eric Gay, File)

NEW YORK — The U.S., seemingly awash in crude oil after an energy boom sent thousands of workers scurrying to the plains of Texas and North Dakota, will begin exporting oil for the first time since the 1973 oil embargo. The lifting of the embargo is part of a spending deal expected to be pushed through the House and Senate ...

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House Republican: funding bill lifts ban on crude oil exports

The U.S. Capitol dome and U.S. Senate (R) in Washington, August 2, 2011. REUTERS/Jonathan Ernst

WASHINGTON – U.S. House Republicans plan to file a government funding bill on Tuesday night that will include a provision lifting the U.S. ban on crude oil exports, congressman Reid Ribble said. “The oil export ban is lifted,” Ribble said. Ribble, a Wisconsin Republican, also said the spending bill will include tax credits for wind and solar power but they ...

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New tanker to carry natural gas across Alaska under review

FAIRBANKS, Alaska — A new trailer specially designed to haul natural gas across Alaska will be under review to determine whether it sees widespread adoption. The 53-foot liquefied natural gas trailer will hit the roads for the first time this weekend as part of a months-long trial with the Fairbanks Natural Gas utility’s fleet of trucks, The Fairbanks Daily News-Miner ...

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Feds help competing LNG projects, but could now also help Alaska gas exports

Gas tanker LNG in Alaska

JUNEAU — The U.S. Congress has reauthorized the Export-Import Bank of the United States, in an effort to boost trade by helping finance operations of American companies overseas. Among the projects the bank has assisted with billions in loans and other financing are liquefied natural gas export efforts in Australia and Papua New Guinea, ventures that target Asian LNG markets ...

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Oil, gas producers urge BLM to reconsider proposed rules

The Independent Petroleum Association of America on Monday urged the U.S. Bureau of Land Management to reconsider its approach and work with the industry on proposed rules to update, replace and codify three of its Onshore Oil and Gas Orders. The BLM’s proposed rules would result in substantial changes to the way U.S. onshore oil and gas operations are conducted ...

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A modern guide to energy needs using natural gas generators

It’s nighttime in the oil field where a mass of natural gas generators are purring like a thousand lions on a savannah. Instead of fearing for your life, you rest easy as if you don’t have a concern in the world. These generators have your back. They’re as safe and sturdy as a pair of Carhartt coveralls. Who doesn’t want ...

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Oil export ban in play in final-stage talks on budget deal

FILE - In this May 9, 2012 file photo, a drilling rig is seen near Kennedy, Texas. The four-decade-old ban on exporting crude oil may end up getting lifted in a must-pass year-end spending bill lawmakers are scrambling to complete. Lifting the ban is a top ask for GOP negotiators working on the sprawling legislation. In return, Democrats are seeking various environmental priorities, including making permanent tax credits for solar and wind energy production. (AP Photo/Eric Gay, File)

WASHINGTON — Congressional negotiators and the White House closed in on a deal late Monday on a $1.1 trillion government-wide spending bill to stave off a shutdown, and a tax package extending dozens of breaks. In a Monday evening conference call among House Republicans, Speaker Paul Ryan said bargainers were close to agreements on the spending and tax measures that he ...

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