Regulatory

BP Exploration & Production Inc. has reached an agreement that would see it pay up to $18.73 billion to settle all of the remaining Gulf Coast state and federal claims arising from the 2010 blowout of its Macondo well in the Gulf of Mexico and the destruction of the Deepwater Horizon rig.

Barclays Bank plc intends to sell all of its physical natural gas assets in North America and will be accepting bids from potential buyers through July 29, the UK banking giant said in documents filed at FERC.

A group of institutional investors worth a combined $1.5 trillion has thrown its support behind an Obama administration plan for the oil and natural gas industry to cut methane emissions from new and modified sources 40-45% below 2012 levels by 2025.

Despite the Supreme Court ruling against the Environmental Protection Agency's plans to curb toxic gas emissions from power plants, analysts believe utilities are still compelled to retire coal-fired units, and see the high court's ruling as a positive development for the natural gas industry.

Despite the Supreme Court ruling against the Environmental Protection Agency’s (EPA) plans to curb toxic gas emissions from power plants, analysts believe utilities are still compelled to retire coal-fired units, and see the high court’s ruling as a positive development for the natural gas industry.

British Columbia's aspiring liquefied natural gas (LNG) industry spread into prime eco-tourism territory, when a tanker terminal scheme on Vancouver Island obtained a 25-year federal license to export up to 2.6 Bcf/d.

British Columbia’s aspiring liquefied natural gas (LNG) industry spread into prime eco-tourism territory, when a tanker terminal scheme on Vancouver Island obtained a 25-year federal license to export up to 2.6 Bcf/d.

The Supreme Court on Monday ruled against the Obama administration's plans to limit mercury and other toxic emissions from coal-fired power plants on the grounds that the U.S. Environmental Protection Agency (EPA) failed to adequately consider the costs to industry.

The U.S. Supreme Court on Monday rejected an appeal by BP plc and Anadarko Petroleum Corp. over federal water fines related to the 2010 Macondo oil spill, which means the producers face billions in fines that could be levied any day.