Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Federal Judge Orders Biden Administration to Expand Sept. 27 Gulf of Mexico Oil Auction

September 25, 2023

A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have weaponized the Endangered Species Act by yanking 6 million acres off the auction block. The Interior Department’s Bureau

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W&T Offshore Acquires Shallow Water Oil and Gas Producing Assets for $32 Million, Gulf of Mexico

September 25, 2023

W&T Offshore has completed the acquisition of working interests in eight shallow water oil and gas producing assets in the central and eastern shelf region of the Gulf of Mexico (GOM) from an undisclosed private seller. The acquisition has a

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DOT’s PHMSA Awards $14.8 Million in Grants to Improve Pipeline Safety

September 25, 2023

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is awarding $14.8 million in grants to fund projects and activities to improve pipeline safety. These grants will support important pipeline safety training and educational programs, as well

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University of Houston Developing Autonomous Robot for Subsea Pipeline Inspection

September 25, 2023

With an increasing number of severe accidents in the global oil and gas industry caused by damaged pipelines, University of Houston (UH) researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. The

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U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks

September 25, 2023

U.S. energy firms last week cut the number of oil and natural gas rigs operating for first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count,

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ExxonMobil Evaluates Lithium Extracted from Fracking Wastewater

September 25, 2023

ExxonMobil Corp. is experimenting with the extraction of lithium from wastewater produced in the fracking process as the largest U.S. oil company explores ways it can enter the market for the battery metal. While its lithium activities are at an

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DeSantis Proposes Plan He Says Will Achieve $2 Gas, Turn U.S. Into World’s Top Energy Producer

September 25, 2023

Republican presidential candidate Ron DeSantis unveiled his energy agenda during an event in Midland, Texas, on Wednesday, promising that his policies will bring back $2 gas and turn the United States into the world’s leading energy producer. DeSantis made the

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ONEOK and Magellan Midstream Stakeholders Approve $18.8 Billion Merger

September 22, 2023

ONEOK and Magellan Midstream Partners said that, at their respective special meetings, ONEOK shareholders and Magellan unitholders approved the merger which was announced in May 2023. “We are very pleased with the strong support from ONEOK shareholders and Magellan unitholders,

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Biden Slammed for Radical Plan to Ban Mining and Oil & Gas Drilling in New Mexico

September 22, 2023

President Joe Biden’s crusade against American energy earlier this week now includes plans to further restrict access to the rich natural resources that lie beneath the ground. His latest efforts to ban mining and oil drilling across a vast swath

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Shell to Keep Gulf of Mexico Operations in New Orleans, Move to New Building

September 22, 2023

Shell will move its New Orleans-based Gulf of Mexico operations headquarters from Poydras Street to a location in a planned development near the Mississippi River in late 2024 or early 2025 it was announced to the public Thursday. The move

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