Wednesday, April 29, 2026
Trump administration to reunite offshore drilling agencies split after Deepwater Horizon spill- oil and gas 360

Trump administration to reunite offshore drilling agencies split after Deepwater Horizon spill

(World Oil) – The U.S. Interior Department said it’s merging two oversight agencies to create a Marine Minerals Administration and move toward a “more modern, coordinated approach” to managing offshore resources, including critical minerals. The goal is to “improve coordination and increase efficiencies across offshore leasing, permitting, inspections and environmental oversight, while maintaining all existing regulatory protections and rigorous safety standards,”

China’s detentions of Panama-flagged vessels raise concerns, Rubio says- oil and gas 360

China’s detentions of Panama-flagged vessels raise concerns, Rubio says

(Investing) – WASHINGTON – Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday. The U.S. Federal Maritime Commission said last week that it was closely monitoring a surge in detentions of Panama-flagged vessels in

BLM lease sales in three states generate $65 million, signal stronger onshore drilling outlook- oil and gas 360- oil and gas 360

BLM lease sales in three states generate $65 million, signal stronger onshore drilling outlook

(World Oil) – U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 million from

Fed’s faith in anchored inflation expectations may be coming under stress- oil and gas 360

Fed’s faith in anchored inflation expectations may be coming under stress

(BOE Report) – Federal Reserve officials eager to keep inflation psychology in check and maintain control over prices face a challenge as household expectations rise alongside the cost of gasoline and doubt edges into bond markets in the form of rising yields on U.S. Treasury securities. Until the U.S.-Israeli war with Iran pushed the price of oil up more than

Analysis-Trump officials tout US energy dominance as global oil execs warn of supply crisis- oil and gas 360

Analysis-Trump officials tout US energy dominance as global oil execs warn of supply crisis

(Investing) – HOUSTON – U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe bemoaned the worst oil and gas supply disruption in decades. The contrasting messages relayed to industry

Interior’s Burgum sees U.S. energy agenda proceeding as planned- oil and gas 360

Interior’s Burgum sees U.S. energy agenda proceeding as planned

(World Oil) – The third day of CERAWeek by S&P Global 2026 started off Wednesday with a fascinating, wide-ranging discussion conducted with U.S. Secretary of the Interior Doug Burgum by interviewer Dan Yergin, Chairman of CERAWeek and Vice Chairman of S&P Global. Given an opportunity from Yergin at the session’s start to frame the discussion, Burgum emphasized the important role that the

North Dakota operators likely to increase crude output in March, regulator says- oil and gas 360

North Dakota operators likely to increase crude output in March, regulator says

(BOE Report) – North Dakota crude output is expected to rise in March and the following months as operators in the third-largest oil-producing state restart inactive wells and winter restrictions are eased, the state’s regulator said on Thursday. The North Dakota Department of Mineral Resources said, however, that the pace of activity would depend on how long oil prices stay

US oil loan from emergency reserve depends on stiff premiums- oil and gas 360

US oil loan from emergency reserve depends on stiff premiums

(BOE Report) – A U.S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve depends on energy companies returning oil back to the facility with high premiums in the form of additional barrels, which some traders said could deter participation. The exchange is part of a wider agreement

The United States: The world's marginal producer of the cleanest, most reliable barrels- oil and gas 360

The United States: The world’s marginal producer of the cleanest, most reliable barrels

(Oil & Gas 360) By Greg Barnett, MBA – The global energy system depends on one supplier more than any other to balance markets, stabilize prices and step in when the world needs additional crude oil or natural gas. That supplier is the United States. Through scalability, operational integrity and the lowest emissions intensity among major producers, the U.S. has become

U.S. Electricity Demand Surge: Forecasts and investment outlook: by Oil & Gas 360- oil and gas 360

The Power Behind the AI Boom: Why U.S. electricity demand is rising again: by Oil & Gas 360

(By Oil & Gas 360) – For nearly two decades, electricity demand in the United States remained largely unchanged. Efficiency improvements, slower industrial growth, and shifts in the economy kept overall power consumption relatively flat. That period may now be ending. Electricity Demand Outlook A combination of artificial intelligence infrastructure, data center expansion, electrified transportation, and the reshoring of manufacturing is beginning

Middle East war revives interest in Alaska LNG- oil and gas 360

Middle East war revives interest in Alaska LNG

(Oil Price) – Interest in the Alaska LNG export project has spiked since the war in the Middle East choked 20% of global LNG supply and sent Asian buyers scrambling for expensive spot cargoes. Glenfarne Group, the majority owner and developer of the Alaska LNG Project, aims to sign soon binding offtake agreements with buyers and advance final investment decisions to

California orders Sable offshore to remove Santa Ynez pipeline crossing state park- oil and gas 360

California orders Sable offshore to remove Santa Ynez pipeline crossing state park

(World Oil) –  California’s Natural Resources Agency has ordered Houston-based oil driller Sable Offshore Corp. to remove a pipeline crossing a state park days after the US government instructed the company to begin pumping crude through the conduit. US Energy Secretary Chris Wright, following an executive order signed by President Donald Trump, directed Sable on Friday to begin restoring operations