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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.

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US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

“Those savings would give operators the ability to reinvest in new energy production, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. The current rules were written for a different era” The American Petroleum Institute welcomed the proposal.

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North America Drops More Rigs

Rigzone

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count.

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North America Rig Count Stays Flat

Rigzone

oil and gas rigs decreased by one to 554 this week, according to Baker Hughes” “Oil focused rigs decreased by one to 438 rigs, after losing three rigs last week. Natural gas-focused rigs decreased by two to 111 rigs, following an increase of one rig week over week last week,” they added.

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Geopolitical Premium Keeps Oil Elevated

Rigzone

The White House comments take “some of the immediate pressure off,” said Robert Yawger, director of the energy futures division at Mizuho Securities USA. Shell has contingency plans in place in the event that the situation deteriorates, Sawan said at the Japan Energy Summit & Exhibition in Tokyo. a barrel at 3:06 p.m.

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U.S. Senate’s passage of OBBBA a ‘win for American energy,’ say industry reps

Oil & Gas 360º

energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate’s decision as a victory for the U.S. oil and gas industry. “We ” “Energy security is national security,” Milito continued. ” “Energy security is national security,” Milito continued.

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Oil Jumps on Vietnam Trade Deal

Rigzone

The increase is the largest in three months, and more than five times the 680,000 barrel increase projected by the industry-funded American Petroleum Institute on Tuesday. We’d love to hear from you, join the conversation on the Rigzone Energy Network. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

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