The US Senate Environment and Public Works Committee’s Ranking Minority Member strongly criticized Environmental Protection Agency Administrator E. Scott Pruitt’s plans to adopt a “back to basics” process for reviewing the federal Clean Air Act’s National Ambient Air Quality Standards. Source: News

Light, sweet crude prices increased modestly to settle above $71/bbl for a second consecutive day on the New York market May 10 while the Brent crude price for July also climbed on the London market to settle above $77/bbl for a second consecutive day. Source: News

Total and state-owned Sonatrach of Algeria have agreed to start engineering studies for a propane dehydrogenation and propylene complex in Arzew. Source: News

Bahrain plans to raise $1 billion for energy investments in a fund the government calls unique among Gulf Cooperation Council countries. Source: News

William M. Crawford has been named chief financial officer of HighPoint Resources Corp., Denver.  Source: News

The US Department of Defense considers the eastern Gulf of Mexico an irreplaceable national asset for developing and maintaining combat force readiness where sufficient surface limits and/or activity restrictions would need to be developed if oil and gas exploration and production was to be allowed there, DOD said in a May 9 report to leaders of two […]

Talos Energy Inc., Houston, has begun business after the stock-swap merger of Talos Energy LLC and Stone Energy Corp.  Source: News