The Victorian government has introduced legislation into parliament to permanently ban hydraulic fracturing for coal seam gas and tight oil and gas resources throughout the state. The government also has moved to extend the moratorium on conventional onshore gas exploration and development until mid-2020 saying it will take time to study the economic and environmental […]

Confidence expressed by the oil ministers of Iraq and Iran on the likelihood of a deal to limit oil production among members of the Organization of Petroleum Exporting Countries resulted in big crude oil-price gains on the New York and London markets on Nov. 21. Source: News

Lundin Norway AS has made an oil and natural gas discovery in the southern Barents Sea after deepening a well that had been plugged in November 2015. Source: News

EnQuest PLC and MOL Growest (II) Ltd. have started oil production from the Scolty and Crathes light oil accumulations in the central North Sea, 160 km northeast of Aberdeen. Source: News

American Petroleum Institute Pres. Jack N. Gerard expressed hope that energy will provide a basis for bipartisan cooperation when the Trump administration and 115th Congress assume power in January 2017. But other speakers—representing the oil and gas, coal, nuclear, wind, and solar industries at a Nov. 18 discussion hosted by RealClear Politics and API—quickly identified […]