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Eni to Acquire 70% Stake in Oooguruk Oil Field, Offshore Alaska
January 7, 2019
Italian oil and gas company Eni has agreed to acquire a 70 percent stake in the Oooguruk oil field located offshore Alaska from Caelus Natural Resources Alaska for an undisclosed price. The firm already owns a 30 percent interest in
Fracking Firms in Pa. Getting Billed for Millions in Impact Fees
January 7, 2019
About 17 natural gas companies are expected to get invoices early this year for millions of dollars of impact fees they owe on low-producing shale wells after a state Supreme Court decision last week. The Pennsylvania Public Utility Commission is
2019 Could Make or Break OPEC
January 7, 2019
When OPEC+ agreed to begin cutting crude oil production again in December, hardly anyone in the cartel thought the effect of the news on prices would be as lackluster as it turned out to be. It took some time for
Trump’s Largest Energy Dominance Actions of 2018
January 4, 2019
President Donald Trump has pushed his administration toward “energy dominance” by cutting environmental regulations on fossil fuel development and opening up federal lands and waters for energy companies. The Trump administration has dealt significant blows to the environmental legacy of
Interior Secretary Ryan Zinke’s Legacy on Oil and Gas Drilling Will Be Long Lasting
January 4, 2019
Interior Secretary Ryan Zinke will depart at the end of the year, but his conservative supporters and environmental critics both agree his legacy on oil and gas drilling will be long lasting. Zinke was instrumental in carrying out the Trump
West Virginia University Extension to Train Oil and Gas Workers
January 4, 2019
The West Virginia University Safety and Health Extension has partnered with Pierpont Technical and Community College to provide OSHA Education Center courses to students interested in the oil and gas industry through a host organization relationship. Students can complete a
New Study Blames Anti-fossil Fuel Activists for Over $91 Billion in Economic Losses
January 4, 2019
The Chamber of Commerce and trade unions took aim at anti-fossil fuel activists in releasing a scathing report on Tuesday that concluded that their form of environmentalism slowed economic activity by over $91 billion in the U.S. in 2018. “Taken
FERC Approves $86 Million Erie-to-Ohio Risberg Natural Gas Pipeline
January 3, 2019
The $86 million Risberg natural gas pipeline, designed to carry natural gas 28 miles from western Erie County into Ashtabula County, Ohio, is moving closer to reality. The Federal Energy Regulatory Commission approved the project on Dec. 7, according to
Efficiencies and Pipelines Help Propel Pennsylvania Gas Production in 2018
January 3, 2019
Natural gas production in Pennsylvania is expected to reach a new high by year’s end: 6 trillion cubic feet. Drillers extracted 13 percent more gas in the first three quarters of 2018 than during the same period the previous year,
U.S. Shale Oil Increasingly Making Its Way to Asia, Leaves Middle East Producers Staggering
January 3, 2019
The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are
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