Have We Reached Peak Production?

In less than eight years, U.S. oil production climbed from under 6 million barrels per day (BPD) to more than 12 million BPD. This...

Future Presidential Candidate Newsom calls for oversight of California petroleum industry

Gov. Gavin Newsom, in the Central Valley on Wednesday for a firsthand look at one of the largest oil spills in California history, vowed...

Washington: Nord Stream 2 sanctions on the way

Washington is getting ready for another sanctions package that if put in place would put major restrictions on companies involved in Russia’s $10.5-billion Nord...

OPEC is sending a clear warning to Washington

OPEC is sending a clear message to Wall Street banks and big investors: if Washington passes legislation that would allow the U.S. government to...

The Anti Fracking Bill Gets Preliminary Approval From The Colorado Senate

The Colorado Senate has given preliminary approval to a bill that will dramatically change how the state regulates oil and gas. It faces another...

U.S. Secretary of State Mike Pompeo to Oil Industry: Toe The line

U.S. Secretary of State Mike Pompeo urged the oil industry on Tuesday to work with the Trump administration to promote U.S. foreign policy interests,...

Anti Colorado Frac Senate Bill 181 was introduced Friday by Majority Leader Steve Fenberg,...

Colorado Senate Bill 181 was introduced Friday by Majority Leader Steve Fenberg, D-Boulder, and co-sponsored in the House by Speaker KC Becker, D-Boulder. It...

Oil Glut you say? Here Comes Some More!

U.S. crude stockpiles were forecast to have risen last week for a fourth straight week, ahead of data from the American Petroleum Institute (API). Also...

India is looking to expedite discovery efforts to establish the country’s shale oil and...

India is looking to expedite discovery efforts to establish the country's shale oil and gas potential and has asked companies to submit a plan,...

New Mexico signs one of the strongest climate executive orders in the nation.

New Mexico's booming oil and gas industry could soon hit a speed bump if a proposed bill creating a four-year moratorium on any new...

Colorado Dems Eye Action On Oil And Gas

The energy industry worries about Democrats going too far. “Dan Haley, president, and CEO of the Colorado Oil and Gas Association thinks that “elected leaders who...

Canada Regulator halts fracking operations in northeastern B.C. while investigating earthquakes

A fracking site near Grande Prairie, Alta. Fracking has been linked by the B.C. Oil and Gas Commission to incidents of 'induced seismicity.' (CBC)

Feds Discover Largest Oil, Natural-Gas Reserve in History

  • The federal government has discovered a massive new reserve of oil and natural gas in Texas and New Mexico that it says has the “largest continuous oil and gas resource potential ever assessed.”
  • The Delaware Basin contains an estimated 46 billion barrels of oil, 281 trillion cubic feet of natural gas and 20 billion barrels of natural gas liquids.
  • Permian readies for 2019 boom

    HOUSTON (Bloomberg) -- The oil fields of West Texas don’t sit still for long. Take Carrizo Oil & Gas Inc.’s operations, for instance. Just three...