It will not be feasible for the US to reach renewable fuel volumes that the Energy Independence and Security Act of 2007 (EISA 2007) mandates in 2015 and beyond, a study commissioned by the American Petroleum Institute concluded. Source: News
Environmentalists urge Obama to end federal leasing, draw criticism
A coalition of more than 400 environmental organizations and individuals planned to formally ask the Obama administration to stop new federal fossil fuel leasing on public lands and oceans in the US. Oil and gas trade associations and other business groups quickly called the idea unrealistic. Source: News
Forgotten principles
Energy policy helps explain why real estate mogul Donald Trump dominates competition to become the Republican Party’s candidate in the 2016 presidential election. Source: News
OGJ Newsletter
International news for oil and gas professionals Source: News
Capital spending, revisited
A double-dip in oil prices over the past few months has dashed hopes raised in May that prices would hold steady at $60/bbl. Source: News
Oil, gas divestment would cost colleges more than money
Money is the second-best reason for colleges and universities not to shed oil and gas investments. Source: News
Watching Government: Improving offshore safety
Making offshore oil and gas operations safer is never far from some people’s minds. Recent reports and ongoing activities remind the rest of us that it still matters. Source: News
Williams, Chesapeake expand gas gathering in Utica, change Haynesville contracts
Williams Cos. Inc., Tulsa, reported an expansion of gas-gathering services in growing dry gas production areas of the Utica shale in eastern Ohio. Source: News
Oil Search rejects Woodside's takeover bid
The board of Oil Search Ltd. has unanimously rejected Woodside Petroleum Ltd.’s takeover bid for the company, calling Woodside’s move highly opportunistic and one that grossly undervalues Oil Search (OGJ Online, Sept. 8, 2015). Source: News
STEO: Global oil consumption revised down on weak China economic data
In its most recent Short-Term Energy Outlook, the US Energy Information Administration reported it expects global oil consumption to increase 1.2 million b/d in 2015 and 1.3 million b/d in 2016. Source: News