Producers Sue Over Fracking Rule

The Independent Petroleum Association of America (IPAA) and Western Energy Alliance have sued the Secretary of the Interior and the Bureau of Land Management (BLM), challenging BLM’s issuance of regulations related to hydraulic fracturing on federal and Indian lands. The … Continue reading

Deal Ends Refinery Strike

Negotiators for the United Steelworkers Union and Shell Oil Co. announced they have reached an agreement on a new contract, after a month-long strike at 15 oil refineries, including two in California. The previous contract, which covered 30,000 workers expired … Continue reading

Chevron Comments on Market Outlook

Speaking to security analysts, Chevron Corporation (NYSE: CVX) executives expressed confidence in the long-term outlook for the energy business, and outlined how it is responding the recent decline in oil and gas prices. “The fundamentals of the oil and gas … Continue reading