Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.
Chesapeake Energy and Encana made headlines this week with multibillion-dollar acquisitions. Also, crude oil and natural gas production hit new records and the industry is watching initiatives on the ballot in Colorado and Washington state next week.
Also, why Mexico's president-elect criticized Pemex and a private company consortium expects to win the lease for a wind farm offshore California.
Energy revolution and politics took center stage during a forum in Houston this week.
Plus, Interior Secretary Ryan Zinke hints some states will be exempt from offshore drilling expansion and Shell’s Groundbirch shale gas project gets greener.
The port’s CEO says that completing improvements to the ship channel could allow the port to add the value of as much as $40 billion per year in exports.
The measure is facing widespread opposition from political leaders on both sides of the aisle, as well as the oil and gas industry.
Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.