BLM chops 2015 hydraulic fracturing rule

The US Bureau of Land Management rescinded a hydraulic fracturing rule it adopted in 2015 “because we believe it imposes administrative costs and burdens that are not justified,” it said. Source: News

OIL reports two Upper Assam basin strikes

State-owned Oil India Ltd. has reported two discoveries in India’s Upper Assam basin, one of them the first commercial oil find in the Eocene Narpuh formation. Source: News