US Appeals Court Approves ETP's Bayou Bridge Pipeline Construction
The disputed 162-mile (261-km) pipeline is an extension to an existing line, which transports crude from Nederland, Texas, to Lake Charles, Louisiana.



Oil, Gas Leaders Warn Trump He Risks Harming Their Industry
The meeting came a week after Trump decided to slap a 25 percent levy on steel imports

(Bloomberg) -- President Donald Trump disagreed with executives of major oil and gas companies Thursday about the importance of keeping binding dispute settlement procedures in a renegotiated North American Free Trade Agreement, according to a person familiar with the discussion.



Petroleum Safety Authority Norway has given Spirit Energy consent to use the Maersk Interceptor drilling facility to drill oil rig flanges gulf coast production wells on the Oda field.



Oil Posts Weekly Gain as Global Tension Outweighs Shale Fear
Crude posted a second weekly gain as a whirlwind of rising geopolitical concerns stole the shale boom's limelight.

(Bloomberg) -- Crude posted a second weekly gain as a whirlwind of rising geopolitical concerns stole the shale boom's limelight.



March 15 (Reuters) - Colonial Pipeline Co will pay $3.3 million to the state of Alabama to cover damages and penalties from an explosion and a spill on its gasoline line in 2016, the state's attorney general said on Thursday.



Statoil Plans to Change Name
Statoil's board of directors propose to change the name of the company.

Statoil’s board of directors have proposed to change the name of the BOP Blow Out Preventer repair company gulf coast to Equinor to support the firm’s development as a broad energy business.



North Sea Back to 'New Normal'
The North Sea is now back to a 'new normal', WoodMac says.

The North Sea is now back to a ‘new normal’ but we are never likely to go back to the heyday of 2014, according to Kevin Swann, Wood Mackenzie (WoodMac) UK upstream research analyst.



GE to Close Facility; Lay Off Texas Workers
GE Oil and Gas plans to close a facility in Lufkin, Texas, which result in staff reductions.

Dozens of workers at Lufkin Industries, part of GE Oil and Gas, will be let go this summer.



Trump Administration Seeks Swift Action On Alaska Oil Leases
The Trump administration is seeking to sell leases in the Arctic National Wildlife Refuge as quickly as possible.

Reuters

ANCHORAGE, Alaska, March 15 (Reuters) - The Trump administration is seeking to sell leases in the Arctic National Wildlife Refuge as quickly as possible – drawing fire from opponents of drilling in the sensitive area, who are warning against a rushed process.



Oil Holds Gains Near $61 as Impending Supply Gap Eclipses Shale
Crude circled around the $61-a-barrel mark as the IEA warned of an impending shortfall in global oil supplies even as US shale drillers lifted output to unprecedented heights.

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