Home / Energy / Oil (page 38)

Oil

Wisconsin Senate passes bill relaxing emission regulations

MADISON, Wis. (AP) — The Wisconsin Senate has passed a bill that would relax Wisconsin’s sulfur dioxide emission regulations and rework utilities’ obligations to pay into the state’s renewable energy program. The bill, which already cleared the Assembly, would eliminate requirements that major utilities submit annual plans to state regulators for complying with sulfur dioxide emission goals. It would also ...

Read More »

Sourcewater CEO Adler leads WSJ ECO:nomics Roundtable on Water Wars in Energy and Agriculture

Sourcewater, water droplet

Boston, Mass., March 17, 2016. Sourcewater, the water exchange for the energy ecosystem, announces its founding chief executive Joshua Adler will be leading a roundtable discussion titled “Water Wars: Water Issues in Energy and Agriculture” at the Wall Street Journal ECO:nomics 2016 conference April 6-8 in Santa Barbara, California. The roundtable lunch discussion will take place on Thursday, April 7 at 12:35 ...

Read More »

Alaska included in future offshore lease sale schedule

ANCHORAGE, Alaska (AP) — The Obama administration’s five-year offshore drilling plan announced Tuesday includes three future lease sales off Alaska and six areas in state waters that will be closely reviewed for possible environmental and other conflicts with oil and gas activities. The plan by Interior Secretary Sally Jewell covers all potential federal offshore lease sales from 2017 through 2022. ...

Read More »

Wyoming energy plan seeks wider role in US land planning

Fired by coal from the Powder River Basin of Wyoming. W. A. Parish Power Plant has changed hands from Houston Light & Power to Reliant Energy to NRG Energy. (Image: Roy Luck via Flickr)

CHEYENNE, Wyo. (AP) — Updating the state’s energy plan at a bleak time for Wyoming’s coal, oil and natural gas industries offers little solace for people losing their jobs but helps ensure the state is doing all it can for its economy, Gov. Matt Mead said in releasing the plan Monday. Wyoming can’t control the global coal, oil and natural ...

Read More »

Russia: Iran wants to restore oil output before capping it

FILE -- In this Nov. 17, 2015 file photo, Iranian Oil Minister Bijan Namdar Zanganeh listens to a question during a press conference in Tehran, Iran. State-run Press TV quoted Zanganeh Sunday, March 13, 2016, saying that U.S. companies are welcome to invest in Iran's oil and gas industry. The TV report said Zangeneh also asked the German company Siemens executives to invest in Iran's oil and gas industry. (AP Photo/Vahid Salemi, File)

MOSCOW (AP) — Russia’s energy minister says Iran would consider joining a global deal to cap oil production only after it restores its output back to levels it enjoyed before international sanctions. Alexander Novak made the statement Monday after talks in Tehran with his Iranian counterpart. Russia has been in talks with OPEC countries on putting a cap on oil ...

Read More »

Eagle Ford, Bakken production continues to drop

Eagle Ford, Bakken production continues to drop

Two of the nation’s most-prolific shale plays continue to see production numbers drop slightly. The Eagle Ford Shale and Bakken formation produced less oil in January than in December, according to analytics and consulting group Platts Bentek. In fact, oil production from both Eagle Ford and Bakken formations reached their lowest levels since Platts Bentek started tracking them in October ...

Read More »

Texas oil company shuts wells in New Mexico after spill

Texas oil company shuts wells in New Mexico after spill

SANTA FE, N.M. (AP) — A Texas oil driller has taken the first step toward cleaning up a spill at a waste-water injection well in southeastern New Mexico used by the oil and natural gas industry. Midland, Texas-based Siana Operations has filed for a remediation permit and is likely to join state officials this week in assessing damage to property ...

Read More »

In reversal, Obama administration to block oil drilling in Atlantic

In reversal, Obama administration to block oil drilling in Atlantic

WASHINGTON (AP) — In a major reversal, the Obama administration says it will not allow oil drilling in the Atlantic Ocean. Interior Secretary Sally Jewell made the announcement Tuesday on Twitter, declaring that the administration’s next five-year offshore drilling plan “protects the Atlantic for future generations.” The announcement reverses a proposal made last year in which the administration floated a ...

Read More »

Low gas prices drag down US retail sales in February

WASHINGTON (AP) — U.S. retail sales slipped last month, pulled down by sharply lower gas prices, and Americans spent much less in January than previously estimated. The figures suggest that consumers remain cautious about spending despite steady hiring. Retail sales fell 0.1 percent in February, the Commerce Department said Tuesday. Excluding the volatile gas and auto categories, sales rose 0.3 ...

Read More »

Iran petroleum sector says US companies welcome to invest

Iran says US companies welcome to invest in petroleum sector

TEHRAN, Iran (AP) — U.S. companies are welcome to invest in Iran’s oil and gas industry, the Iranian oil minister said on Sunday. State-run Press TV quoted Bijan Namdar Zangeneh as saying that “in general, we have no problem with the presence of American companies in Iran.” He said it is the U.S. government that is “creating restrictions for these ...

Read More »