Latest Oil and gas exploration and extraction News

Chadian president seeks 6th term after 30 years in power

Apr. 10, 2021 05:46 AM EDT

N’DJAMENA, Chad (AP) — Chadian President Idriss Deby Itno is seeking to extend his three-decade long rule, running for a sixth time in this oil-producing Central African nation that is home to nearly half a million refugees and also plays a prominent role in the fight against Islamic...

Hilcorp ordered to replace aging Alaska pipeline after leak

Apr. 09, 2021 15:42 PM EDT

ANCHORAGE, Alaska (AP) — Federal regulators have ordered Hilcorp Alaska to replace a 7-mile (11-kilometer) undersea pipeline after a helicopter pilot spotted a natural gas leak bubbling to the surface last week. The Pipeline and Hazardous Materials Safety Administration...

Interior secretary steps into Utah public lands tug-of-war

Apr. 08, 2021 19:49 PM EDT

SALT LAKE CITY (AP) — For decades, a public lands tug-of-war has played out over a vast expanse of southern Utah where red rocks reveal petroglyphs and cliff dwellings and distinctive twin buttes bulge from a grassy valley. A string of U.S. officials has heard from...

EXPLAINER: Can Biden add energy jobs? Hope mixes with doubt

Apr. 07, 2021 12:16 PM EDT

NEW YORK (AP) — Good-paying jobs — many of them. That′s the seductive idea around which President Joe Biden is proposing a vast transformation of the energy sector, with the promise of making it far more energy-efficient and environmentally friendly. As Biden...

Oklahoma tax collections rise, led by oil and gas revenue

Apr. 07, 2021 11:44 AM EDT

OKLAHOMA CITY (AP) — Oklahoma collected $1.1 billion in total taxes during March, surpassing March 2020 collections by $35.1 million, an increase of 3.2%, state Treasurer Randy McDaniel said Tuesday. The year-over-year increase is just the second time in the past year...

Battle for Yemen desert city now a key to Iran, US tension

Apr. 07, 2021 10:30 AM EDT

DUBAI, United Arab Emirates (AP) — The battle for an ancient desert city in war-torn Yemen has become a key to understanding wider tensions now inflaming the Middle East and the challenges facing any efforts by President Joe Biden’s administration to shift U.S. troops out of the region. ...

Electric van production planned at former Hummer site

Apr. 03, 2021 13:14 PM EDT

MISHAWAKA, Ind. (AP) — An Indiana factory that once produced Hummers will be churning out electric vehicles later this year. Electric Last Mile Solutions plans to make light-duty delivery vehicles in Mishawaka in the third quarter, the South Bend Tribune reported. ...

OPEC and allies agree to gradually boost crude oil output

Apr. 01, 2021 15:32 PM EDT

FRANKFURT, Germany (AP) — The OPEC oil cartel and allied countries said Thursday that they have decided to add gradually add back some 2 million barrels per barrel per day of oil production from May to July, moving cautiously in pace with the recovery of the global economy from the COVID-19...

New Mexico oil, gas production up by 10% despite pandemic

Apr. 01, 2021 13:54 PM EDT

CARLSBAD, N.M. (AP) — New Mexico has reported that oil and gas production increased by more than 10% last year compared to the year before even as demands for fuel dropped during the coronavirus pandemic. Data from the state's oil conservation division showed the state...

OPEC, allies say they will increase oil production gradually by 2 million barrels per day from May to July.

Apr. 01, 2021 13:42 PM EDT
FRANKFURT, Germany (AP) — OPEC, allies say they will increase oil production gradually by 2 million barrels per day from May to July.