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BLM proposes rule aimed at improving resource management process

Rate this article The US Bureau of Land Management proposed a rule aimed at improving its resource management process. The proposed regulations are part of the US Department of the Interior agency’s Planning 2.0 initiative, which it launched in May 2014. Comments will be accepted for 60 days following its publication in the Read Full…

IEA: Low oil price could trigger energy-security concerns

Rate this article Article Abstract: An extended period of lower oil prices would benefit consumers, but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers, or risk a sharp rebound in price if investment falls short, says the International Energy Agency (IEA) in the 2015 edition of its flagship World…

BP Breaks Ranks, Endorses Carbon Price In Latest Report

Rate this article Article Abstract: Current technology, with a boost from alternative energies, will ensure that consumers will have plenty of oil and gas through 2050, no matter how much fuel they consume, according to a new report by British energy giant BP.“Energy resources are plentiful,” David Eyton, the director of technology for BG Group,…

Royal Dutch Shell plc Management Day November 2015

Rate this article Article Abstract: LONDON, November 3, 2015 /PRNewswire/ — NOT FOR RELEASE, PRESENTATION, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISIDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.   Competitive underlying performance in low oil prices – planning for…

U.S. Production Finally Starting To Drop Significantly

Rate this article Article Abstract: The EIA’s Petroleum Supply Monthly is just out with production numbers, through August, for each state and offshore territories. The EIA’s Monthly Energy Review is also out. This publication has U.S. production data through September but not for individual states.(Click to enlarge)The Petroleum Supply Monthly June 15 production numbers were…

Nigeria state oil company reports loss in transparency report

Rate this article Article Abstract: Nigeria’s state oil company recorded a loss of 378 billion naira ($1.9 billion) in the first eight months of this year mainly because of fuel subsidy spending, it said in a publication that seeks to bring transparency to the organization. from Click Here To Read Full Article Visit for more…