Slammed

Producers, oil service firms and end-users slammed the new moratorium on deepwater drilling in the Gulf of Mexico (GOM) that the Interior Department issued on last Monday, saying it was no different than the original moratorium despite hints from Interior Secretary Ken Salazar that he was considering narrowing the scope of the ban.

Producers, oil service firms and end-users slammed the new moratorium on deepwater drilling in the Gulf of Mexico that the Interior Department issued on Monday, saying it was no different than the original moratorium despite hints from Interior Secretary Ken Salazar that he was considering narrowing the scope of the ban.

Domestic producers slammed President Obama’s fiscal year (FY) 2011 budget proposal to roll back $36.5 billion in tax breaks for oil and natural gas over the next 10 years.

Domestic producers slammed President Obama’s fiscal year (FY) 2011 budget proposal to roll back $36.5 billion in tax breaks for oil and natural gas over the next 10 years.

Undeterred by lower commodity prices that slammed quarterly profits, Royal Dutch Shell sounded positively bullish last week, announcing that it plans to raise dividends and increase capital spending this year.

Undeterred by lower commodity prices that slammed quarterly profits, Royal Dutch Shell sounded positively bullish Thursday, announcing that it plans to raise dividends and increase capital spending this year.

The financial crisis has slammed into the energy sector and forced the industry to reconsider some of its long-term goals and restructure some of its operations, a BP Canada Energy Co. executive told a Toronto audience Thursday.

The financial crisis has slammed into the energy sector and forced the industry to reconsider some of its long-term goals and restructure some of its operations, a BP Canada Energy Co. executive told a Toronto audience Thursday.

The U.S. Environmental Protection Agency (EPA) has slammed a Bureau of Land Management (BLM) plan that would allow more natural gas wells to be drilled on the Pinedale Anticline of Wyoming. The EPA cited deficiencies in BLM’s analysis on how development would impact air quality and groundwater.