The U.S. Bureau of Land Management announced Thursday, August 28th, that it will resume auctioning oil and gas leases on federal land in California. The resumption of leasing, halted in 2012, was made possible by a scientific study showing no … Continue reading
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Mexico’s President Enrique Peña Nieto took steps on Monday, August 10th, that will hasten by about a month the opening of his nation’s energy sector to foreign companies. Peña Nieto said his government will specify this week which of Mexico’s … Continue reading
Catherine Reheis-Boyd, president of the Western States Petroleum Association, and Rock Zierman, chief executive officer of the California Independent Petroleum Association, wrote the following in response to an editorial in the Los Angeles Times. As the leaders of California’s two … Continue reading
Mexico’s vast reserves of oil and natural gas will be open to exploration by foreign companies beginning in 2015, thanks to a historic change proposed by President Enrique Peña Nieto and approved by Mexico’s Congress on August 6. The change, … Continue reading
Breitburn Energy Partners LP (NASDAQ:BBEP) of Los Angeles announced on July 24th that it will acquire Houston-based QR Energy, LP (NYSE: QRE) in a transaction valued at $3 billion. The merger will make Breitburn the nation’s largest oil-weighted upstream oil … Continue reading
The Division of Oil, Gas, and Geothermal Resources (DOGGR) said on July 18th that it will conduct a full review of the state’s Underground Injection Control (UIC) Program to ensure it complies with requirements of the Safe Drinking Water Act. … Continue reading