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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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Ten Little Euphemisms: What Do They Portend for Climate Policy?

Energy Central

It should come as no surprise that the oil and gas industry is attempting to use the current crises of energy security and inflationary prices to its advantage. To that end, the American Petroleum Institute (API) has released a ten-point plan they deem is responsive to these current events.

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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. Of the total U.S.

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New Jersey Sues 5 Oil Giants, Industry Lobby for Climate Fraud

Adrian - Oil & Gas

Photo: Mario Tama/Getty Images) New Jersey on Tuesday sued five oil and gas companies and a leading fossil fuel lobby group for knowingly lying to the public about the existence of climate change and the role their products play in exacerbating human-caused global heating.

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White House Wants to End Royalty-in-Kind Program

The Energy Law

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash. For the full story, see [link]

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Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In a recent case, the Louisiana Fourth Circuit Court of Appeal held that processors must also account for gas volume diverted to gas lift operations. In Red Willow Offshore, LLC v. Statewide Order No.

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Poll: Majority of Americans Support Continued LNG Exports, Increasing Domestic Oil and Natural Gas Production

Energy Central

Recent polling proves President Biden’s pause on liquified natural gas (LNG) export approvals remains unsupported.