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Natural Gas

City to finalize new oil and gas regs

gavel

After months of work, updates to Norman’s oil and gas regulations may not have the bite environmental reformers say they want. The proposed code changes will come before the Norman City Council on Tuesday, the sole item up for detailed discussion and adoption at the 6:30 p.m. meeting. “I think the ordinance we’re going to adopt on Tuesday goes a ...

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Arctic drilling support vessel heading to Oregon for repair

ANCHORAGE, Alaska — Royal Dutch Shell PLC will send a damaged ship carrying equipment required for Arctic offshore oil drilling from Alaska back to the West Coast for repairs. But spokesman Curtis Smith said Monday the company can begin top-hole work without the 380-foot icebreaker Fennica and the repairs should not interrupt Shell’s schedule for drilling two exploratory wells this ...

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Hearing set for August on Osage oil regulations

New oilfield regulations which were scheduled to take effect in Osage County last weekend have been put on hold pending an August hearing before a federal judge in Tulsa. The revised rules for operating oil and gas leases on land of the former Osage Indian Reservation are being legally challenged on behalf of the county’s oil producers and by the ...

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Natural gas surpasses coal as biggest US electricity source

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this year, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. The research company SNL Energy in a new report using data from the ...

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North Dakota’s oil output stabilizes but does not fall: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Crude oil production data published by the state of North Dakota on Friday contained something for both bulls and bears. Bears can point to the unexpected resilience of shale production in the face of lower oil prices while bulls can point to the fact that ...

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Appeals court upholds Illinois fracking rules

ST. LOUIS — An Illinois appeals court has upheld the state’s rules for the high-volume oil and gas drilling technique known as fracking. The appellate court sided with a Madison County judge who rejected an environmental group’s legal challenge. The 5th District Appellate Court on Friday issued an opinion agreeing with a November ruling in favor of the Illinois Department ...

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