Oil & Gas 360º
JUNE 17, 2025
(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.
The Energy Law
SEPTEMBER 17, 2009
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.
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Rigzone
JULY 2, 2025
The price gains came despite government data Wednesday showing a buildup in US crude inventories of 3.85 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. million barrels.
Oil & Gas 360º
APRIL 30, 2025
million barrels last week, market sources said on Tuesday citing American Petroleum Institute data. government data is due at 10:30 a.m. Also sending bearish signals on the supply side, {{8849|U.S. crcrude oil inventories rose by 3.8 API/S] U.S. ET (1430 GMT). Analysts polled by Reuters expect U.S.
Oil & Gas 360º
MAY 29, 2025
US oil inventories see major drawdown – API Data from the American Petroleum Institute showed on Wednesday that U.S. The API data usually heralds a similar reading from government inventory data , which is due later on Thursday. oil inventories shrank by 4.24 Signs of a sharp drawdown in U.S.
CNBC: Energy
JULY 3, 2025
The law also slashes the royalties that producers pay the government for pumping oil and gas on federal lands, encouraging higher output. The coal industry is also a big winner from the law, which mandates at least 4 million additional acres of federal land be made available for mining.
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