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Friday, May 17
by
SRN News
New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas
Federal wildlife officials declared a rare lizard in southeastern New Mexico and West Texas an endangered species Friday, citing future energy development, sand mining and climate change as the biggest threats to its survival in one of the world’s most lucrative oil and natural ...
Friday, May 17
by
SRN News
Rain is set to help crews battling blaze near Canadian oil city
(Reuters) – Cloud cover and rain showers over the next few days are set to help crews battling a large wildfire near the Canadian oil sands city of Fort McMurray, Alberta, local authorities said on Friday. Overnight, the fire stayed about ...
Friday, May 17
by
SRN News
Russia’s Novorossiisk oil infrastructure hit by drone attack early on Friday, sources say
MOSCOW (Reuters) – A drone attack on Russia’s Black Sea port of Novorossiisk early on Friday hit the Importpischeprom oil products terminal and Sheskharis oil harbour, sources said and video shared on social media showed. The port was shut soon after ...
Friday, May 17
by
SRN News
Russian oil refinery fire after drone attack contained
MOSCOW (Reuters) – Authorities have managed to contain a fire at Russia’s Tuapse oil refinery that broke out after a Ukrainian drone attack, officials in the Krasnodar region said. According to preliminary information, there are no casualties, they added. Russian air defenсe ...
Thursday, May 16
by
SRN News
Oil set for weekly gain on signs of improving demand
By Shariq Khan NEW YORK (Reuters) – Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil ...
Thursday, May 16
by
The Center Square
New laws include $285M in fees on Colorado oil, gas producers to fund transit
(The Center Square) – New Colorado laws will require oil and gas producers to pay approximately $285 million in fees to fund transit expansion and wildlife remediation over ...
Thursday, May 16
by
SRN News
Oil, gas groups sue to block US rule raising drilling fees on public lands
By Clark Mindock (Reuters) – Fossil fuel groups have sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands as a part of the U.S. government’s broader ...
Thursday, May 16
by
SRN News
Rain, cooler temperatures help prevent wildfire near Canada’s oil sands from growing
FORT MCMURRAY, Alberta (AP) — A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray was held in place Thursday, as rain and cooler temperatures swept the area. Alberta provincial wildfire information officer Christie ...
Thursday, May 16
by
SRN News
The Media Line: Iranian Oil Smuggling into Pakistan Exposes Official-Terrorist Ties
Iranian Oil Smuggling into Pakistan Exposes Official-Terrorist Ties Approximately 90,000 liters of Iranian oil are being smuggled daily into Pakistan. This rampant smuggling has led to a staggering loss of at least $816 million for the national treasury By Arshad Mehmood/The Media Line [Islamabad] ...
Thursday, May 16
by
SRN News
Exclusive-US to favor existing investors for Venezuela oil licenses, say sources
By Marianna Parraga and Daphne Psaledakis HOUSTON/WASHINGTON (Reuters) – The U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies with existing oil production and assets over those seeking to enter the sanctioned OPEC nation for the ...
Wednesday, May 15
by
SRN News
Oil prices rise on slower US inflation, strong demand
By Katya Golubkova and Emily Chow (Reuters) -Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, bolstering the argument for an interest rate cut which could drive even ...
Wednesday, May 15
by
SRN News
Oil prices rise on moderate US inflation data, strong demand
By Katya Golubkova TOKYO (Reuters) – Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an interest rate cut which ...
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