09.04.2008 | BY JOHNATHAN RICKMAN
Despite recent pipeline expansion in the region, booming crude oil production in North Dakota and Western Canada is exceeding current capacity available to shippers, curtailing supplies available to the nation, Federal Energy Regulatory Commission Chairman...
09.03.2008
After more than two years of tough negotiations that once appeared in danger of failing altogether, Chevron Canada Ltd. and the government of Newfoundland and Labrador late last month reached agreement on developing the Hebron drilling project off the eastern...
08.29.2008 | BY JOHNATHAN RICKMAN
In what the Minerals Management Service acknowledges may be only the first of several corruption cases involving its employees, a former top official with the Interior Department agency last month pled guilty to creating a cushy government...
08.27.2008 | By Johnathan Rickman
The U.S. Court of Appeals for the Federal Circuit has ordered the government to return approximately $1.1 billion in past "bonus" payments to a group of oil and natural gas companies, saying Congress effectively repudiated long-held offshore...
08.21.2008 | By Johnathan Rickman
Amid the high-decibel debate in the presidential race over offshore drilling, the Interior Department announced Wednesday that oil and natural gas drillers bid more than $607 million for federal leases on 319 offshore tracts in the western Gulf of Mexico...
08.19.2008 | By Johnathan Rickman
Three oil pipeline and storage companies announced plans Monday to build what would be the United States' second deepwater oil port capable of off-loading extra-large supertankers, saying each would invest as much as $600 million in a sprawling new storage...
08.19.2008
Three oil pipeline and storage companies announced plans Monday to...
08.15.2008 | By Chris Holly
Four Senate Democrats Thursday asked Commodity Futures Trading Commission Inspector General A. Roy Lavik to investigate the commission's role in the preparation of a July 22 Bush administration interim report that discounted the influence of oil market...
08.13.2008 | By Chris Holly
In what appears to be a tactical maneuver aimed at blunting Republican attacks, House Speaker Nancy Pelosi said late Monday that she might allow a vote on legislation to open some offshore areas to oil production if the measure also includes key Democratic...
08.12.2008 | By Johnathan Rickman
In a legal action intended to block U.S. approval of a massive pipeline project designed to deliver heavy crude from Canadian oil sands to refineries in the U.S. West and Midwest, the Natural Resources Defense Council and two Dakota landowner groups joined...
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