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After SCOTUS Win on EPA Case, Patrick Morrisey Takes Aim at SEC

July 5, 2022

After the Supreme Court handed him a win on Thursday limiting the authority of the Environmental Protection Agency, West Virginia Republican Attorney General Patrick Morrisey next takes aim at the Biden administration’s effort to use its powers to regulate capital

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Whiting and Oasis Complete Combination, Establishing Chord Energy

July 5, 2022

Chord Energy Corporation has successfully completed the combination of Whiting Petroleum Corporation and Oasis Petroleum, creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter

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TGS Named Successful Bidder in Auction Process for ION Assets

July 5, 2022

TGS ASA, a global provider of energy data and intelligence, has been named a successful bidder in the auction process conducted in connection with ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United States Bankruptcy Court for

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Supreme Court Ruling Limits EPA Power, Returns It to Congress Where It Belongs

July 1, 2022

For some time, the Environmental Protection Agency has wanted to destroy the American coal industry and has issued regulations with that end in mind. The Supreme Court said it cannot do that without a clear grant of authority from Congress.

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Biden Administration Delays Offshore Drilling Plan

July 1, 2022

The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources. Interior Department Secretary Deb Haaland in May had vowed

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Hempel Launches Hempafire XTR 100 for Hydrocarbon Passive Fire Protection of O&G Downstream Assets

June 29, 2022

After 10 years of continuous success in the passive fire protection (PFP) market with its cellulosic range of products, Hempel launched its first product for the hydrocarbon PFP segment, the Hempafire XTR 100. Providing UL 1709-certified hydrocarbon passive fire protection

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Wyoming Gas Prices Still Rising, Coal Also Up After Monthslong Fall

June 29, 2022

In Wyoming, most fuel their cars with gasoline, heat their homes using natural gas, and rely on electricity generated from coal. And we depend on state services paid for, in large part, by taxes imposed on the companies extracting that

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DOE Touts Oil Industry Dialogue Without Deal on Energy Prices

June 28, 2022

No clear solutions emerged last week from a closely watched meeting between Energy Secretary Jennifer Granholm and top oil and gas executives, who gathered to discuss high gasoline prices and domestic refining capacity. Although several companies and the Department of

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U.S. Drillers Add Oil, Gas Rigs for a Record 23 Months

June 27, 2022

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, in a record 23-month streak of increases, as high crude prices and prodding by the government prompted drillers to return to the

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Biden Admin Considers Banning All Offshore Drilling as Energy Crisis Worsens

June 27, 2022

The Biden administration is mulling the prospect of banning new American offshore oil and natural gas drilling projects as fuel prices continue to spike, The New York Times reported Thursday. The Interior Department’s Bureau of Ocean Energy Management, working closely

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