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Oil And Gas Exploration And Extraction

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KAMPALA, Uganda (AP) — Uganda, Tanzania and French oil company Total signed agreements Sunday on building a heated pipeline to carry crude oil from western Uganda to the Indian Ocean coast. Construction of the pipeline, which would be the world’s longest at 897 miles, is expected to begin this year.

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FRANKFURT, Germany (AP) — The OPEC oil cartel and allied countries said Thursday that they have decided to add gradually add back some 2 million barrels per barrel per day of oil production from May to July, moving cautiously in pace with the recovery of the global economy from the COVID-19 pandemic.

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FRANKFURT, Germany (AP) — Saudi Arabia's energy minister took a cautious view of any increase in oil production as members of the OPEC cartel met Thursday with allied non-member countries to decide production levels.

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TRAVERSE CITY, Mich. (AP) — The University of Michigan announced a plan Thursday to achieve “net zero” carbon footprint status for its $12.5 billion endowment by 2050 through measures including shifting away from investment in fossil fuels and toward renewable energy.

HARRISBURG, Pa. (AP) — Pennsylvania's highest court has delivered a victory for natural gas exploration firms, ruling that the state attorney general's office doesn't have authority under state law to sue them on consumer protection grounds over their mineral rights-leasing practices.

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NEW ORLEANS (AP) — Thirteen states sued the Biden administration Wednesday to end a suspension of new oil and gas leases on federal land and water and to reschedule canceled sales of leases in the Gulf of Mexico, Alaska waters and western states.

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BILLINGS, Mont. (AP) — President Joe Biden shut down oil and gas lease sales from the nation’s vast public lands and waters in his first days in office, citing worries about climate change. Now his administration has to figure out what do with the multibillion-dollar program without crushing a significant sector of the U.S. economy — and while fending off sharp criticism from congressional Republicans and the oil industry.

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BISMARCK, N.D. (AP) — An updated revenue forecast unveiled Tuesday shows North Dakota’s treasury expects to collect about $1 billion more in oil taxes over the next two-year budget cycle than what lawmakers expected just two months ago.

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WASHINGTON (AP) — The Senate on Monday confirmed New Mexico Rep. Deb Haaland as interior secretary, making her the first Native American to lead a Cabinet department and the first to lead the federal agency that has wielded influence over the nation’s tribes for nearly two centuries.

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