BLM completes EA for proposed exploration in North Dakota

The US Bureau of Land Management has completed an environmental assessment of Slawson Exploration Co.’s proposed oil and gas exploration project near Lake Sakakawea on the Fort Berthold Indian Reservation in North Dakota. Source: News


IEA: Market deficit of 500,000 b/d could occur in first half

Oil stocks from countries in the Organization for Economic Cooperation and Development rose for the first time in 6 months by a sizable 48 million bbl to reach 3,030 million bbl at the end of January due to near-record US crude stocks and gains in Europe. Source: News