“President has the best interests of the EPA in mind” After mid-term elections that saw the Senate change hands from the Democrats to the Republicans and increased the GOP’s representation in the House, many in the GOP are saying the American people have spoken out loud and clear against President Obama’s political agenda, including initiatives about climate. Sen. James Inhofe
Earlier this year, the U.S. and the E.U. began a sanction regime against Russia in response to the ongoing crisis in Ukraine. The sanctions are being used to target specific industries in the Russian economy, particularly oil and gas, the defense industry and the banking sector. Some companies, such as Russia’s oil company Rosneft (ticker: ROSN), have hired lobbyists to
Evolution Petroleum Corporation (NYSE MKT: EPM) today provided additional information about its expected capital requirements for fiscal years ending June 30, 2015 and 2016, particularly the Delhi Field in northeast Louisiana. Denbury Resources Inc. (“DNR”), operator of the Delhi Field, recently announced its intention to substantially reduce its total corporate capital spending plans for calendar 2015. Evolution previously announced expected
Breitling Energy Corporation (BECC) (the “Company”) announces David J. Kovacs has joined the management team as Executive Vice President of Strategic Development. Mr. Kovacs specializes in investment banking, private equity and venture capital and has extensive experience in both mature and emerging markets, having analyzed hundreds of deals and executing both buy and sell-side engagements. Prior to joining the Company,
In October, OAG360 examined the internal rate of return (IRR) in two of America’s key shale basins – the Eagle Ford (EF) and Bakken. EnerCom’s analysis showed the Eagle Ford is more economic than its rival basin by a handful of percentage points, no matter the price. Oil prices for West Texas Intermediate crude have hovered around the $75 per
In recent years there has become an acute awareness of the importance of energy security around the world, particularly in Japan. In 2011 a powerful tsunami from the Pacific knocked the Fukushima Daiichi nuclear power station offline, and led to Japan’s decision to close the rest of Japan’s 54 nuclear reactors. Japan, being the world’s third largest economy, was left
Sen. Heidi Heitkamp (D-ND), speaking about the Keystone XL pipeline’s failure to pass the Senate by one vote last night, says a lawsuit in Nebraska is likely to blame. “We could have probably picked up a couple more [votes] had that process been completed,” Sen. Heitkamp said about the lawsuit to CNBC. “We know this is going to pass next
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