Friday, September 18, 2026
Trump administration opens up drilling on federal land in California - oil and gas 360

Trump administration opens up drilling on federal land in California

Source: Reuters The Trump administration on Friday announced it would open up over 720,000 acres of federal land in California for oil and gas development, ending a five-year moratorium on leases in the state. The U.S. Department of the Interior’s Bureau of Land Management approved a resource management plan for the oil-rich Central California coastal region, which would issue 14

Exxon Mobil bars use of oil tankers linked to Venezuela: sources - oil and gas 360

Exxon Mobil bars use of oil tankers linked to Venezuela: sources

Source: Reuters Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates. Washington has imposed several rounds of sanctions on Venezuela this year to oust socialist President Nicolas

Uprising grips Iraq, 65 killed in protests against government corruption - oil and gas 360

Uprising grips Iraq, 65 killed in protests against government corruption

Source: Reuters Police snipers fired at demonstrators in Baghdad on Friday as the death toll rose to 65 people in three days of violent national protests against government corruption. Prime Minister Adel Abdul Mahdi called for calm as more than 190 people were wounded in the capital on Friday, but protesters scorned his promises of political reform. Iraq’s most influential

Shale jobs are drying up in the Permian Basin - oil and gas 360

Shale jobs are drying up in the Permian Basin

Source: Houston Chronicle Barry Marks can hear the Permian Basin slowing down. It’s right there on country-music station 96.1 FM in Odessa, Texas, where commercials for shale-patch jobs used to fill the airways. Those kinds of radio ads have fallen by two-thirds, said Marks, the general manager for ICA Broadcasting LLC, which runs five stations in the area. “A lot

EP Energy files for bankruptcy amid struggles - oil and gas 360

EP Energy files for bankruptcy amid struggles

Source: Houston Chronicle Houston’s EP Energy filed for bankruptcy protection Friday morning, the latest of a recent string of energy companies to pull the trigger on Chapter 11 bankruptcy. EP Energy is a Texas oil and gas producer that has struggled for years, finally reaching the tipping point amid continued depressed crude oil pricing and looming debt payments. EP Chief