Archive for the ‘Oil & Gas Journal’ Category

The US Environmental Protection Agency issued new guidance on states’ certification authority under Section 401 of the Clean Water Act. The guidance provides recommendations to clarify and streamline the certification process and to promote greater inv…

  • Posted in Oil & Gas Journal
  • Comments Off on Guidance issued on states’ CWA Section 401 certification

US Transportation Sec. Elaine L. Chao submitted a legislative proposal to Congress on June 3 that would reauthorize safety programs at the US Pipeline and Hazardous Materials Safety Administration (PHMSA) from fiscal 2020 through 2023. It also would st…

  • Posted in Oil & Gas Journal
  • Comments Off on Proposed pipeline safety reauthorization raises penalties

The Delaware River Basin Commission (DRBC) unanimously approved construction of a second dock and associated storage that would add LNG and other energy products to the proposed Gibbstown Logistics Center in southern New Jersey. The commission’s June 1…

Oil and gas producers facing resistance in many places should appreciate a government that not only supports what they do but wants them to work faster.

When thinking about multimillion-dollar merger and acquisition activities taking place in modern times, many probably picture oil company executives sitting around a large desk in a stately board room in an expensive high-rise building that overlooks t…

Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate for well 25/2-20 in production license 442 in the North Sea.

Brent oil prices rose moderately on the London market June 14 with the August contract closing slightly above $62/bbl while light, sweet crude prices in New York held fairly flat, again settling above $52/bbl.

International news for oil and gas professionals

The US drilling rig count fell 6 units, reaching 969 rigs working for the week ended June 14, according to Baker Hughes data. The count is down 90 units from the 1,059 rigs working this time a year ago.

Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of northwestern Russia.