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India's upstream sector needs private investment to expand exploration and expertise in its deepwater and ultra-deepwater areas, which account for a third of the country's discoveries. A progressive and practical exploration policy should expand India's upstream sector.

A probabilistic approach can evaluate the reliability of hydrocarbon pipelines suffering active corrosion defects, taking into account the effect of the correlation between the input variables.

A presidential administration's conclusion inevitably produces retrospectives. Words like "legacy" are used when the reviews are favorable. Others that are less flattering appear more likely when it comes to Barack Obama's presidency and the oil and gas industry.

Crude oil prices held fairly steady in Dec. 30, 2016, trading with each benchmark declining only a few cents to close slightly above $53.70/bbl for February delivery on the New York market and slightly above $56.80/bbl for March delivery on the London market.

The US Federal Energy Regulatory Commission issued a draft environmental impact statement for the proposed Atlantic Coast natural gas pipeline and supply header project, as proposed respectively by Atlantic Coast Pipeline LLC (ACP) and Dominion Transmission Inc. (DTI). Comments must be received by Apr. 6, FERC said in its Dec. 30, 2016, announcement.

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