In Alaska, Michigan and Norway, partisans on the left and right are sparring in the courts to implement their vision for the future of energy. Operations from small shale plays to multi-billion-dollar offshore installations suddenly hang in the balance as the regulatory outlook becomes increasingly cloudy. SourceContinue Reading
Gulfport, which produces gas from fields in Ohio and Oklahoma, was grappling to stay afloat even before Covid-19, after a series of acquisitions over the past decade left it too indebted to weather the energy rout. SourceContinue Reading
Governor Gretchen Whitmer filed a complaint in Ingham County Circuit Court seeking to “revoke and terminate” a 1953 easement that allows Enbridge to operate under the Straits of Mackinac. Line 5 is a key conduit of crude for Canadian refineries in Ontario and Quebec. SourceContinue Reading
The Interior Department is set to issue a formal “call for nominations” as soon as Monday, kick-starting a final effort to get input on what tracts to auction inside the refuge’s 1.56-million-acre coastal plain. SourceContinue Reading
The Interior Department is set to issue a formal “call for nominations” as soon as Monday, kick-starting a final effort to get input on what tracts to auction inside the refuge’s 1.56-million-acre coastal plain. SourceContinue Reading
NASA is among the first customers to benefit from the joint service offering. Baker Hughes is adapting and printing a NASA design using a hybrid of direct energy deposition, an additive process, and machining to manufacture a part to be used in wind tunnel testing. SourceContinue Reading
As well as the surge in European coronavirus cases, there are also growing numbers in the U.S., Japan and South Korea, all of which are major oil consumers. The International Energy Agency and the Organization of Petroleum Exporting Countries revised down their demand forecasts this week. SourceContinue Reading
Norway, which is the biggest owner of oil giant Equinor ASA, opened itself up to climate suits after amending its constitution in 2014, to reflect its support of the Paris Climate Agreement. The case against Norway tests its new law, which states that “everyone has the right to an environment that secures health, and to...Continue Reading
The price to drill an acre of land in the biggest U.S. shale basin has tumbled amid the oil rout, creating conditions ripe for more mergers and acquisitions. SourceContinue Reading
Saudi Arabia and Russia, leaders of the 23-nation coalition, have already indicated publicly that they are thinking twice about easing production cuts in January as the resurgent pandemic hits fuel demand. The presidents of both Russia and the OPEC countries have even mentioned the option of cutting production deeper. SourceContinue Reading
