Latest Oil and gas exploration and extraction News

North Dakota's state-owned minerals valued at $2.4 billion

Dec. 06, 2021 12:51 PM EST

BISMARCK, N.D. (AP) — A new analysis of North Dakota’s state-owned minerals is nearly $1 billion more than a similar estimate last year when the coronavirus created uncertainty and low prices and demand for oil declined. MineralTracker, of Watford, which is part of First...

Helium prospecting picking up in north-central Montana

Dec. 04, 2021 08:18 AM EST

BILLINGS, Mont. (AP) — Helium prospecting is picking up in north-central Montana with Canadian companies expanding south after years of development in Saskatchewan and Alberta. Montana oil and gas records show at least two companies drilling wells in an area spanning...

Windfall boosts chances of New Mexico pay raises, policing

Dec. 03, 2021 16:16 PM EST

SANTA FE, N.M. (AP) — New Mexico government economists on Friday announced a new surge in state income as legislators consider proposals to raise pay for public school teachers, a possible hiring spree for local police officers and new efforts to bolster essential public services amid the...

OPEC, allies stick to modest output boost despite omicron

Dec. 02, 2021 16:48 PM EST

NEW YORK (AP) — OPEC and allied oil-producing countries decided Thursday to stick to their plans to boost oil production even as the new omicron variant cast a shadow of uncertainty over the global economic recovery from the coronavirus pandemic. Officials from OPEC...

A weary pope urges Greek, Turkish Cypriots to heal division

Dec. 02, 2021 13:35 PM EST

NICOSIA, Cyprus (AP) — Pope Francis on Thursday urged Greek Cypriots and the breakaway Turkish Cypriots to resume talks on reunifying the Mediterranean island nation, saying threats and shows of force were only prolonging the “terrible laceration” its people have endured for nearly a...

Oil demand, climate change clash in California pipeline plan

Dec. 01, 2021 15:43 PM EST

LOS ANGELES (AP) — A proposal to replace an oil pipeline that was shut down in 2015 after causing California's worst coastal spill in 25 years is inching though a government review, even as the state moves toward banning gas-powered vehicles and oil drilling. ...

In shadow of Texas gas drilling sites, health fears escalate

Nov. 30, 2021 22:56 PM EST

ARLINGTON, Texas (AP) — At a playground outside a North Texas day care, giggling preschoolers chase each other into a playhouse. Toddlers scoot by on tricycles. Just uphill, Total Energies is pumping for natural gas. The French energy giant wants to drill three new...

In shadow of Texas gas drilling sites, health fears escalate

Nov. 30, 2021 22:48 PM EST

ARLINGTON, Texas (AP) — At a playground outside a North Texas day care center, giggling preschoolers chase each other into a playhouse. Toddlers scoot by on tricycles. A boy cries as a teacher helps him negotiate over a toy. Uphill from the playground, peeking between...

In shadow of Texas gas drilling sites, health fears escalate

Nov. 30, 2021 00:49 AM EST

ARLINGTON, Texas (AP) — At a playground outside a North Texas day care center, giggling preschoolers chase each other into a playhouse. Toddlers scoot by on tricycles. A boy cries as a teacher helps him negotiate over a toy. Uphill from the playground, peeking between...

Biden sets out oil, gas leasing reform, stops short of ban

Nov. 26, 2021 16:42 PM EST

WASHINGTON (AP) — The Biden administration on Friday recommended an overhaul of the nation's oil and gas leasing program to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and water. The long-awaited report...