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The light, sweet crude oil contract for May delivery rose modestly on Mar. 24 to settle just under $48/bbl on the New York market while the Brent crude contract for the same month settled under $51/bbl in London for a fourth straight trading session.

If the science of climate change really is "established", as popular media insist, what's wrong with cutting federal spending on climate research, as President Donald Trump's budget proposes to do?

Due to a surge in oil hedges, the recent oil-price weakness will not prompt US producers to pull back on drilling, research and consulting firm Wood Mackenzie Ltd. says in its latest analysis of oil and gas hedging activity.

The light, sweet crude oil contract for May delivery fell on the New York market Mar. 27 to settle below $48/bbl. Before closing, crude oil dipped to a trading session low of $47.08/bbl, which was within 10¢ of a low set in November 2016.

PT Medco Daya Sentosa, a subsidiary of PT Medco Energi Internasional TBK, Jakarta, is acquiring all the remaining shares of Inpex Natuna Ltd., which owns 35% in South Natuna Sea Block B offshore Indonesia.


RT @AnteroResources: More than $1B has been paid to West Virginia's local communities in taxes and more than 70,000 jobs have been created.…

RT @AnteroResources: Thanks to local natural gas producers like Antero, West Virginians reap the benefits of steady production. https://t.c

Encouraging and mentoring women in the oil/gas industry is the goal of WVONGA’s 5th Annual Embracing Energy Confere… https://t.co/U29iJlIXRF

RT @energizeWV: Hat’s off to the WV Congressional delegation, the Federal DOE and others for pushing this forward. Build it! “Ethane Stora…