The Obama administration has proposed designating a majority of the sprawling Arctic National Wildlife Refuge in Alaska as wilderness, which would restrict exploration for oil in the area. Republicans in Congress, however, have already signaled their fierce opposition to the proposal, the latest episode in a decades-long fight over ANWR.
Police chief Art Walgren knew how much the oil boom had changed this once-sleepy town when he spotted something that would have been unheard of not long ago: license plates from Sinaloa, Mexico, home to one of the world's most violent drug cartels.
A year after an explosion ripped apart the JNS Biofuel plant, the rebuilt plant in New Albany has all the permits it needs to reopen. However, state and local officials don't know when that will happen. TJN Biofuel LLC's president and owner, Steve Bolin, has not given official notice yet.
A Wyoming company says it will replace a pipeline that broke and spilled oil into the Yellowstone River with a new line buried more deeply to protect against future accidents. The spill contaminated the water supply for 6,000 residents of Glendive, Montana. Officials said Friday that city water was certified safe to drink after tests revealed it no longer had harmful levels of chemicals.
Oil prices rose on news of the death of Saudi Arabia's powerful King Abdullah, but the increase is likely to be short-lived without a cut in the kingdom's immense crude production. Brent crude, an international benchmark, was up 92 cents to $49.42 a barrel.
The 2010 BP oil spill's long-term effects on Gulf of Mexico sea life and coastal marshes remain uncertain, an environmental expert testified Wednesday as federal attorneys laid out their case for penalties against the oil corporation that could hit $13.7 billion.
Wayde Schafer, a North Dakota spokesman for the Sierra Club, called the brine "a real toxic mix" and "an extreme threat to the environment and people's health." "Technology exists to prevent these spills and nothing is being done," said Schafer. "Better pipelines, flow meters, cutoff switches, more inspectors — something has got to be done."
A federal judge this week struck down a New Mexico county's fracking ban in one of a growing number of regulatory fights over the controversial method of extracting natural gas and oil reserves from deep rock underground.
The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days. Projections for 2015 suggest the number of oil rigs operating on U.S. soil could fall dramatically as prices for crude oil remain low.
President Barack Obama says the U.S. should aim higher than one single pipeline as it works to modernize its infrastructure. Obama wasn't referencing the Keystone XL pipeline by name in his State of the Union address. But he alluded to it by asking Congress to look beyond just one oil pipeline.
Authorities scrambled to decontaminate a water system serving 6,000 eastern Montana residents after a cancer-causing component of oil was found downstream of a Yellowstone River pipeline spill. Up to 50,000 gallons of crude oil was released Saturday.
A mysterious sticky substance has been found coating the feathers of about 300 seabirds in the San Francisco Bay Area in the past few days, and wildlife officials blame it for dozens of deaths. Fish and Wildlife spokesman Andrew Hughan said analysts already know it is not a petroleum-based substance.
The BP Deepwater Horizon oil rig exploded in 2010, causing the deaths of eleven workers and the destruction of the surrounding environment and wildlife. The federal trial begins today in New Orleans under U.S. District Judge Carl Barbier, and it will determine exactly how much money BP owes in penalties.
Just days after announcing job cuts citing uncertainty in the global oil industry, Schlumberger Ltd. announced a deal to purchase a minority stake in one of Russia's leading energy companies. Analysts largely lauded the deal, which further links companies that have worked together since 2011 and signals Schlumberger's intent to grow in the region.
Truckloads of drinking water were being shipped to the eastern Montana city of Glendive on Monday after traces of a major oil spill along the Yellowstone River were detected in public water supplies, raising concerns about a potential health risk.
The amount of oil discharged into the Gulf of Mexico as a result of a 2010 rig explosion was more than BP estimated, but less than the government calculated, a federal judge determined Thursday in a ruling that could cost the London-based oil giant more than $13 billion.
The school said the new degree program will focus on horizontal fracking practices and will prepare students for jobs in planning, development and the operation of oil and natural gas extraction and processing facilities.
How many Olympic-sized swimming pools does ExxonMobil produce enough oil to fill each day? If ExxonMobile was a country, how big would its economy be? Check out these five incredible facts about the multinational oil and gas corporation.
There's been a lot of noise about OPEC's role in the current decline of oil prices — but UAE Energy Minister, Suhail al-Mazrouei says shale producers should be "rational" about their output and that the market may not be suitable for them.
The world burns enough oil-derived fuels to drain an Olympic-sized swimming pool four times every minute. Global consumption has never been higher — and is rising. Yet the price of a barrel of oil has fallen by more than half over the past six months because the globe, experts say, is awash in oil.
According to Nager's January 2015 report, "It is easy to get the impression that American manufacturing has entered a new and exciting period of revival. Many in the media, along with consulting firms and economists, now tout the term 'manufacturing renaissance' to describe this so-called revival...If only that were true."
A newly released study found water discharged from energy drilling operations in the U.S. poses risks to human health and the environment,calling for additional government regulations on the practices.
Federal officials estimate the prices of crude oil will fall slightly this year compared to late 2014 before rebounding in 2016. The U.S. Energy Information Administration's short-term energy outlook projects the average monthly price of crude on the Brent index at $58 per barrel in 2015, down from the December average of $62 per barrel.
For some, dropping oil prices are a blessing — but the plummet has given oil-industry folks plenty to gripe about. Consumers, meanwhile, have seen the decreasing gas prices as cause for celebration, but are consumers busting out the party supplies to soon?
Surf's up on the North Sea, and as this video shows, the waves can be big enough to rough up even a large offshore drilling rig. Filmed by an offshore worker on the nearby platform, (around 145 miles east of Aberdeen, Scotland), this footage captures the stomach-churning awe of large waves crashing into a rig owned by Dolphin Drilling.