Pennsylvania Gov. Tom Wolf (D) and Department of Environmental Protection Sec. Patrick McDonnell jointly announced new general permits for unconventional natural gas wells and compression, processing, and transmission facilities that they said will reduce air pollution and establish a methane emissions control threshold.  Source: News

A US House Natural Resources subcommittee discussed four proposals on June 6 that Republicans said would make onshore federal oil and gas permit application processing more efficient and fair. Democrats warned that if the discussion drafts became law, they would discourage public participation in deliberations under the 1970 National Environmental Policy Act (NEPA).  Source: […]

US Sen. Bill Nelson (D-Fla.) filed an amendment to the annual national defense bill aimed at keeping crude oil exploration and production out of the eastern Gulf of Mexico for an additional five years. Source: News

Northern Oil & Gas Inc., Minneapolis, has acquired oil production and acreage in the Williston basin of North Dakota from Salt Creek Oil & Gas LLC, Denver, for $40 million and 6 million shares. Source: News

Light, sweet crude oil prices rose by more than $1/bbl June 7 on the New York market while Brent crude oil prices rose about $2/bbl in London in what has been a volatile week for oil prices. Oil prices fell again in early June 8 trading on the New York futures market. Source: News

Sound Energy has signed a heads-of-terms agreement with a consortium of Enagas, Elecnor, and Spain’s Fomento for front-end engineering and design and conditional construction and financing of all the infrastructure required—including a pipeline and central gas processing plant—to commercialize Sound Energy’s existing gas discovery in eastern Morocco. Source: News