U.S. Offshore
News
November 10, 2021
Oil slid after a U.S. government report showed a surprise increase in domestic crude stockpiles.
News
November 09, 2021
Railroad Commission of Texas Chairman Wayne Christian passed a resolution urging President Joe Biden and the U.S. Congress not to include anti-oil and -gas policies in the congressional reconciliation bill known as the "Build Back Better" act.
News
November 09, 2021
Oil jumped on speculation that the Biden administration may pull the plug on any plans to release crude from the nation’s emergency reserves after a U.S. energy report showed supplies rising next year.
News
November 09, 2021
The U.S. government projected that the global oil market will become oversupplied and prices will fall by early next year, cooling expectations that the White House may tap the nation’s emergency reserves.
News
November 08, 2021
Americans should have enough natural gas to keep homes warm and factories running, avoiding the kind of shortages that are crippling Europe and Asia, even if the coming winter gets particularly cold.
News
November 08, 2021
While President Joe Biden has been “jaw-boning” OPEC nations to pump more crude, the rest of the world finds it odd that the leader of the top oil producer isn’t paying more attention to domestic shale, said oil historian Daniel Yergin.
News
November 05, 2021
A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants warn, even as the Biden administration floats the idea as a way to provide immediate relief at the pump.
News
November 05, 2021
“There are several immediate and reasonable actions your Administration can take to increase natural gas supplies and ease prices – without sacrificing safety or environmental stewardship,” the Senators wrote in a letter to President Joe Biden.
News
November 05, 2021
President Joe Biden acknowledged that OPEC+ countries won’t increase oil output enough to meet U.S. demands and left the door open to a range of options, as the administration weighs whether to tap the Strategic Petroleum Reserve.
News
November 05, 2021
The White House and 49 senators support a proposal to impose an almost $20 per-ton fee on carbon as part of President Joe Biden’s climate-and-spending legislation, U.S. Senator Sheldon Whitehouse said Saturday.
News
November 05, 2021
Shell Offshore Inc. has safely and successfully re-started production at its Mars and Ursa platforms in the US Gulf of Mexico and began exporting oil and gas through the West Delta-143 (WD-143) “A” facility.
News
November 05, 2021
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his request to increase crude production faster, said Energy Secretary Jennifer Granholm.
News
November 05, 2021
For U.S. President Joe Biden, the easy part was threatening a response. Now comes the tougher challenge of delivering one, or risk looking impotent in his struggle with the oil cartel.
News
November 03, 2021
OPEC+ is heading for a politically consequential showdown with President Joe Biden, as Saudi Arabia and its allies must choose whether to heed American demands for more oil.
News
November 03, 2021
The UK, the U.S. and 18 other nations are signing a joint statement committing to end funding for foreign oil, gas and coal projects by the end of next year, while prioritizing support for clean energy, according to people familiar with the matter.
News
November 03, 2021
The American Petroleum Institute, which oil companies were pressured to disassociate themselves with by the U.S. House Oversight and Reform Committee last week, came out in support of Biden’s new methane regulations proposed at the COP26 meeting in Glasgow, Scotland.
News
November 03, 2021
Oil fell as the U.S. intensified pressure on OPEC+ to boost supplies when it meets on Thursday, while concerns grew that tighter policy from the Federal Reserve will impede growth.
News
November 01, 2021
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasoline prices.
News
October 29, 2021
For the past year, oil consuming countries have become increasingly anxious at crude’s resurgence: first to $50 a barrel, then $75 and now to more than $85. And when Vladimir Putin, one of the leaders of the OPEC+ cartel, warned that $100 a barrel was a distinct possibility, the alarm bells really started ringing.
News
October 28, 2021
Executives from Exxon Mobil, Chevron, Royal Dutch Shell and BP were urged by U.S. lawmakers to abandon the leading oil-industry trade group, and cut off funds to any groups sowing doubts about climate science.
News
October 28, 2021
Oil fell for a second day as one of the top energy diplomats in the U.S. urged producers to hike output.
