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Two proposed initiatives that would have increased restrictions on oil and gas activity in Colorado failed to make the Nov. 8 ballot because they did not collect enough valid signatures, Secretary of State Wayne W. Williams announced. Proponents have 30 days to appeal the decision to the Denver District Court, Williams said on Aug. 29.

EnVen Energy Ventures LLC, an affiliate of Houston-based EnVen Energy Corp., has agreed to acquire 100% of the record title interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202, and 248 from Shell Offshore Inc., an affiliate of Royal Dutch Shell PLC, for $425 million in cash.

Crude oil prices declined modestly on the New York and London markets Aug. 29 on what traders and analysts called thin trading volumes.

Victorian Labor Premier Daniel Andrews has announced that his government will introduce a permanent ban on hydraulic fracturing and all exploration and development of unconventional gas throughout the state.

Virginia Hills Oil Corp., Calgary, has begun a strategic review to accommodate development of its Devonian Slave Point light-oil play in the Red Earth area of North-Central Alberta.


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RT @energizeWV: WE NEED YOU! Come support the WV Energy Jobs Rally Wednesday February 21st @ 10AM at the Capitol Complex. More... https://t