Wednesday, January 22, 2025

Oil And Gas Drilling News

Can Trump reverse Biden's offshore oil drilling ban?

In an executive order issued on Monday, President Donald Trump revoked the ban placed by former Democratic president Joe Biden against new offshore oil-and-gas development along most of America's coasts. Trump will face legal challenges regarding his authority. What did BIDEN and Trump do?

Biden administration protects more Alaska refuge from drilling

The administration of President Joe Biden moved on Thursday to restrict oil and gas drilling in more areas of Alaska's Arctic National Wildlife Refuge. This was a last minute move to frustrate President-elect Donald Trump’s plans to increase drilling in this area.

Trump's nominee for Interior Department says that boosting energy is key to US security

Doug Burgum, Donald Trump's nominee to lead the Interior Department said on Thursday that he would vigorously pursue President-elect Trump's goals to maximize energy production from U.S. Public Lands and Waters, calling it a key to national security.

Trump's nominee for Interior supports drilling on federal land

Doug Burgum, the nominee for Secretary of Interior by Donald Trump, will tell Congress during his nomination hearing Thursday that he is committed to maximizing energy production on America's public land and waters. He will call this a key element of national security.

Alaska sues Biden Administration over ANWR Leases

© Kyle T. Perry/AdobeStock

The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR).Monday's lawsuit in the U.S.

USDoI: ANWR Drilling Auction Yields no Bids

©porbital/AdobeStock

The U.S. Interior Department said on Wednesday that a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.The outgoing administration billed the outcome as proof the 19 million-acre refuge…

Trump announces that he will immediately revoke the offshore drilling ban imposed by Biden

Donald Trump, the U.S. president-elect, said Tuesday that he would move quickly to lift a ban on offshore oil and natural gas drilling announced by Joe Biden, the outgoing Democratic president. "Banning off-shore drilling will not hold.

Biden bans offshore oil and gas drilling before Trump's term

The U.S. president Joe Biden has announced that he will ban all new offshore oil and natural gas development along the majority of U.S. coasts. This is a decision which President-elect Donald Trump who has pledged to increase domestic energy production may find hard to reverse.

Biden bans offshore oil and gas drilling before Trump's term

The U.S. president Joe Biden has announced that he will ban all new offshore oil and natural gas development along the majority of U.S. coasts. This is a decision which President-elect Donald Trump who has pledged to increase domestic energy production may find hard to reverse.

US drillers reduce oil and gas rigs in the US for the second week running - Baker Hughes

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil rigs for the second week running for the first since early October. The number of oil and gas drilling rigs…

Baker Hughes: US drillers reduce oil and gas rigs in the US for the first time in 4 weeks.

Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of oil rigs for the first time since four weeks. The number of oil and gas drilling rigs, a good indicator of future production, dropped by one in the week ending Nov.

Sources say ConocoPhillips is exploring the sale of Permian Shale assets worth more than $1 billion.

ConocoPhillips has been looking at selling some of its Permian basin shale assets worth more than $1billion, after two unsuccessful years of trying to sell the same assets. Houston-based oil producer, Texas, is preparing to complete…

Baker Hughes reports that the US oil/gas rig counts are stable this week. Pennsylvania has fallen to a 17-year low.

Baker Hughes, a closely watched energy services company, said that the U.S. firms maintained the same number of oil and gas rigs this week. The count fell to a low not seen in Pennsylvania for 17 years, according to its report. The number of oil and gas drilling rigs…

US drillers have cut oil and gas drilling rigs in the fourth week of a row, according to Baker Hughes

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil rigs for the fourth consecutive week for the first since late June. The number of oil and gas drilling rigs…

Senators ask Biden to reduce South Korean import quotas for piping products

Three Democratic U.S. Senators called on the Biden Administration on Friday to lower the current import quota for oil and gas drilling pipe from South Korea. They said it had impacted businesses in Ohio and Pennsylvania. Sherrod Brown…

US drillers reduce oil and gas rigs in the US for a second consecutive week - Baker Hughes

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil rigs for a second consecutive week for the first since late June. The number of oil and gas drilling rigs, a good indicator of future production…

APA Mulls $1B Permian Assets Sale, say sources

Copyright Austin/AdobeStock

APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion, people familiar with the matter told Reuters.APA…

US House Bill Seeks $8 Bln for Abandoned Oil and Gas Well Cleanup

© muratart / Adobe Stock

A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $8 billion to plug and clean up abandoned oil wells nationwide, a measure aimed at creating jobs for oil and gas workers and reducing climate-warming emissions.More…

US Oil Industry Group Pledges to Fight Possible Biden Fracking Limits

© FerrizFrames / Adobe Stock

If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use "every tool at its disposal" including legal action, chief executive Mike Sommers…

The Case for 3D Printing Downhole Tools

Image 2: This triple-image of a cutting tool shows stages of design optimization from original CAD model, to topology optimized result, to the final additively-manufacturable part. Designed in nTop Platform by nTopology partner Yamaichi Special Steel.

Advanced design software supports growth of additive manufacturing applications in the oil and gas industryAdditive manufacturing (AM, aka 3D printing) is beginning to impact product-development strategies in the oil and gas industry…

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.