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Iranian cabinet ministers have approved a model contract under which non-Iranian companies might participate in oil and gas exploration and development.

The National Oceanic and Atmospheric Administration Fisheries Division issued final guidance to help federal agencies predict how manmade underwater sounds potentially affect marine mammals’ hearing. NOAA will use the guidance in its assessments and authorizations of offshore activities that produce underwater noise, it said on Aug. 3.

The light, sweet crude oil price for September rallied by more than $1/bbl for a second consecutive day on the New York market Aug. 4 even as analysts and bankers remained concerned about an oversupply in world oil supplies.

Despite increases in crude-oil prices since the start of the year, employment in oil and natural gas extraction and support activities continue to decline from levels reached in the fall of 2014.

The American Fuel & Petrochemical Manufacturers petitioned the US Environmental Protection Agency to move the point of obligation under the Renewable Fuel Standard to the owner of hydrocarbons at the rack, the same point at which excise taxes are collected.


RT @SEAOpportunity: Happy National Natural Gas Workers' Day, to all of our amazing Natural Gas Workers! Thank you for your hard work to hel…

RT @shalegasnow: Veteran unemployment recently hit an 18-year low, thanks in large part to America’s booming energy industry. #Oil and #Nat

RT @EQTCorp: Education is important to EQT and we value our partnerships with colleges and universities around the region. Check out our em…

RT @AnteroResources: Antero is proud to be a leader in the natural gas revolution. Did you know the oil & gas industry supports over 10.5 m…