Energy Update
WASHINGTON, March 20 (Reuters) - The oil and gas industry moved quickly on Friday to challenge new U.S. regulations for hydraulic fracturing on public lands, minutes after the Obama administration issued the rules.
WASHINGTON, March 20 (Reuters) - The Obama administration's new rules governing fracking on federal lands drew swift criticism from all sides on Friday, with green groups calling the measures "toothless" and the energy industry slamming "unnecessary" regulation of a drilling process that has brought the United States to the cusp of oil and gas self-sufficiency.
Questions abound after the US' largest privately-held coal producer, Murray Energy, acquired prominent Illinois Basin producer Foresight Energy. What does it say about coal in the US?
March 20 (Reuters) - The number of rigs drilling for oil in the United States continued to decline this week, falling 41 to 825, the lowest rig count in four years, oil services firm Baker Hughes said in its closely watched survey on Friday.
MOSCOW, March 20 (Reuters) - Russian Energy Minister Alexander Novak said on Friday that Moscow will continue talks on gas supplies to Ukraine in April after he met Ukrainian and the European Union officials in Brussels.
Vandana Hari evaluates what an uptick in oil product sales in India, China and the US says about actual demand and consumption into the future.
BRASILIA, March 20 (Reuters) - Prosecutors who uncovered Brazil's biggest corruption case called on Friday for tougher prison sentences and more legal powers to crack down on rampant graft that costs taxpayers more than the annual budget for education and health.
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