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The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
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The CFTC is prepared to adjust a new rule stemming from the Dodd-Frank financial reform law, a sign that the regulator might bow to industry criticism.
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WASHINGTON, May 9- Republican lawmakers on Thursday boycotted a confirmation vote on President Barack Obama's pick to lead the Environmental Protection Agency, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.
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WASHINGTON, May 9- Republican senators boycotted a confirmation vote on President Barack Obama's pick to lead the U.S. Environmental Protection Agency on Thursday, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.
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LONDON/ HOUSTON, May 8- Royal Dutch/Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 2 miles down in the Gulf of Mexico.
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May 8- Royal Dutch/Shell is to go ahead with the world's deepest offshore oil and gas production facility, pushing the boundaries of industry technology to drill almost three kilometres underwater in the Gulf of Mexico.
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May 8- Royal Dutch/Shell will build the world's deepest offshore oil and gas facility, pushing the boundaries of industry technology to search three kilometres underwater in the Gulf of Mexico. Last month, BP decided to delay development of its biggest new Gulf of Mexico project, Mad Dog Phase 2, citing tough market conditions and fast-rising costs.
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May 8- Royal Dutch Shell Plc said on Wednesday it plans to go forward with the Stones ultra-deepwater oil and natural gas project in the Gulf of Mexico. Production during the first phase of the project is expected to have an annual peak of 50,000 barrels of oil equivalent per day, the oil major said in a press statement.
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LONDON, May 8- North Dakota's leading oilfield operators hope to squeeze much more oil from its shale formations by drilling wells closer together- a bold experiment that could raise ultimate recovery by billions of barrels if it succeeds.
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May 7- Southern Natural Gas Co said in a website posting that expansion-related work at the Enterprise natural gas compressor station in Mississippi was completed and the station returned to service on Monday.
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*Front month well below recent 21- month high. NEW YORK, May 7- U.S. natural gas futures sank to their lowest level in just over a month on Tuesday, pressured by forecasts calling for moderating temperatures over the coming days and weeks.
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CEO Rafael Villaseca said Gas Natural, with a contract to receive up to 5 billion cubic metres of LNG from Cheniere's Sabine Pass project over 20 years, had expected deliveries to begin in the third quarter of 2017..
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LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
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NEW YORK, May 6- The CME Group intends to launch at least two new U.S. crude oil futures contracts before the end of this year, as the rapid growth in U.S. oil production and infrastructure boosts liquidity in Gulf Coast spot markets.
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*Front month well below recent 21- month high. NEW YORK, May 6- U.S. natural gas futures sank to a one-month spot chart low under $4 per million British thermal units early on Monday, pressured by forecasts calling for moderating temperatures over the next two weeks.
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*Shipping industry has a history of support in Congress. During a lobbying blitz in the past month, roughly 130 tugboat and barge operators fanned across Capitol Hill, meeting with lawmakers and congressional staffers.
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HOUSTON/ NEW YORK, May 5- The U.S. oil and gas renaissance that has bestowed unexpected prosperity on states from North Dakota to Pennsylvania and boosted distillate production to a record high in the Midwest is also causing pockets of fuel scarcity: just ask Arkansas.
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May 5- The price of a gallon of gasoline rose for the first time in eight weeks in the United States as crude oil prices climbed and profit margins at refiners and gas stations were squeezed, pointing to more increases ahead, according to a widely followed survey released on Sunday.
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May 5- The price of a gallon of gasoline rose for the first time in eight weeks in the United States as crude oil prices climbed and profit margins at refiners and gas stations were squeezed, pointing to more increases ahead, according to a widely followed survey released on Sunday.
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NEW YORK, May 3- Two crude oil storage tanks were on fire Friday at a Denbury Resources Inc facility in Denham Springs, Louisiana, after an explosion in one of the tanks on Thursday night, according to company, state and parish officials.
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NEW YORK, May 3- A crude oil tank at a load-out facility in Livingston Parish in Louisiana caught fire Thursday night, prompting the evacuation of 30 homes in the area, according to the Louisiana Governor's Office of Homeland Security& Emergency Preparedness.