News
Report: Gulf drilling low
Only about 20 percent of the areas of the Gulf of Mexico’s Outer Continental Shelf that are leased for potential oil and gas drilling are under production, according to a new lease utilization report Tuesday from President Barack Obama’s Interior Department.
Obama administration not opposed to LNG exports
The Obama administration is not opposed to exporting liquefied natural gas but will depend on an official analysis to guide its decision on whether to allow more gas export projects to proceed, a White House official said on Monday.
BHP leaves door open to U.S. shale gas write-down
BHP Billiton's (BHP.AX) petroleum chief executive left the door open to the possibility of a write-down on the company's U.S. shale gas assets on Monday, but defended their long-term value.
Regulation top risk seen by energy companies
Government regulation is the top risk seen by crude oil and natural gas exploration and production companies, according to a study of annual reports by the top 100 producers done by accounting and consulting firm BDO USA LLP.
Obama administration speaks with energy industry about gas drilling regulations
A top White House adviser on Monday said the Obama administration made a concerted effort to reach out to the oil and gas industry while crafting regulations governing natural gas drilling and insisted the effort isn’t an election-year ploy.
After all, said White House energy and climate change adviser Heather Zichal, there still are tensions.