Oil and Gas

11:33am

Thu September 22, 2011
Business

Western Oil and Gas Companies Blast Obama Deficit Plan

Oil and gas companies across Colorado and the West are lashing out against President Obama’s proposed deficit reduction plan saying it will stifle jobs in the region.  It's the latest tit for tat in the ongoing political battle over drilling on federal public lands.

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10:55am

Wed September 7, 2011
Latin America

Brazil Hopes To Add Oil Wealth To A Booming Economy

Brazil's energy company, Petrobras, inaugurated a new offshore platform on June 3 in Angra dos Reis. Brazil has located major offshore oil fields and plans to greatly increase production in the coming years.
Ari Versiani AFP/Getty Images

When people say Brazil won't be the next Saudi Arabia, they mean it in a good way.

Brazil has discovered enormous oil reserves far off its coast, but the country's robust and varied economy means it shouldn't become dependent on oil.

"Brazil is not just going to be an oil exporting country," says Paulo Sotero, director of the Brazil Institute at the Woodrow Wilson Center for International Scholars. "That's not all it's going to do."

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3:31pm

Fri September 2, 2011
Environment

White House Retreats from Air Pollution Drilling Regs

KUNC file photo

President Obama is backing away from a controversial plan to impose tight air pollution regulations on oil and gas drilling, a move some conservationists are calling 'distressing.'

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12:04am

Thu August 4, 2011
Business

Oil and Gas Officials Pitch Weary Public

Former Governor Bill Owens (R-Colo) speaks as part of a roundtable at a Colorado Oil and Gas Association conference in Denver Wednesday.
Photo by Kirk Siegler

Oil and gas industry leaders say support for cleaner-burning natural gas is on the rise among policymakers in western states.  But officials attending the Colorado Oil and Gas Association’s annual meeting say support for actually extracting the natural gas on western lands is another story.

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1:59pm

Wed August 3, 2011
Business

Halliburton Chief: Fracking is Safe, Proven

Halliburton president and CEO Dave Lesar speaks at the Rocky Mountain Energy Epicenter conference in Denver Wednesday.

Oil and gas industry officials meeting in Denver say the drilling process known as hydraulic fracturing, or fracking, is a safe technology that doesn’t pollute groundwater.  But they say it’s getting a bad rap among some policymakers and in the media.

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