March 9, 2016

From Bloomberg: While the world focuses on Russia’s oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin that will have a much more significant impact on the nation’s energy industry. The petrodollars that underpin Russia’s national budget are evaporating. When crude prices were high, increasing revenue simply meant encouraging companies like Rosneft OJSC and Lukoil PJSC to

From the Denver Post: The City Council early Wednesday overturned a decision made earlier this year by Greeley’s planning commission to deny an oil and gas operator a permit to drill 22 wells near neighborhoods on the west side of town. The 5-2 vote by the council, which came after six hours of testimony and impassioned public comment at a

From the Associated Press: he Idaho House on Monday approved legislation aimed at speeding up natural gas and oil production by changing the industry’s deadlines and decision-making process. Senate Bill 1339 would make the Idaho Department of Lands responsible for initial oil and gas decisions, while allowing the Oil and Gas Conservation Commission to oversee and reverse such decisions. Click