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Trump Administration Proposes Easing Oil and Gas Permitting in National Forests

2020-09-01 00:05:00| OGI

The changes would make the oil and gas leasing and permitting processes more efficient by reducing redundant procedures and would better align Forest Service regulations with those of the BLM.

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Panhandle Oil and Gas Enters Haynesville Shale with Red Stone Acquisition

2020-08-31 11:30:00| OGI

The acquisition by Panhandle Oil and Gas of two packages from Edmond, Okla.-based Red Stone Resources fits well with the companys strategy to grow, President and CEO Chad Stephens says.

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Aramco Discover Two New Oil, Gas Fields in Northern Saudi Arabia

2020-08-30 23:30:00| OGI

State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom's energy minister Prince Abdulaziz bin Salman Al-Saud said Aug. 30.

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Large BLM Auction for New Mexico Oil, Gas Leases Draws Tepid Bidding

2020-08-28 21:10:00| OGI

The BLM auction on Aug. 27 of 93 land parcels covering more than 45,000 acres in New Mexico plus one parcel in Texas attracted far less interest from oil and gas drillers than recent sales in the region.

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US Oil, Gas Exports Severely Disrupted by Hurricane Laura

2020-08-28 11:00:00| OGI

The closures of Houston Port, Beaumont and Port Arthur due to Hurricane Laura were expected to reduce seaborne crude oil export capacity in the U.S. by nearly 1 million bbl/d.

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