Sources say that Northern Oil and Gas is in the process of acquiring Granite Ridge, a smaller rival.
According to sources familiar with the situation, Northern Oil and Gas made a purchase offer for Granite Ridge Resources. Granite Ridge Resources is a small U.S. oil…
U.S. Court Sets Aside Obama Administration Fracking Rules for Public Lands
A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands that were vehemently opposed by oil and gas producers. The U.S. Bureau…
Obama's Proposed Oil Tax 'Dead on Arrival'
Republican leaders in the House of Representatives on Wednesday dismissed U.S. President Barack Obama's proposed $10.25 per barrel tax on oil, saying the increase would…
U.S. Halts New coal Leases on Federal Land
U.S. Interior Secretary Sally Jewell on Friday ordered a pause on issuing new coal leases on federal land in another step by the Obama administration to control climate…
US Congress Negotiators Struggle Over Oil, Solar, Wind Breaks
U.S. Congress negotiators on Tuesday continued to tussle over Republican demands that a 40-year-old oil export ban be repealed and Democratic calls that any such repeal…