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  1. Lakes Oil to sue Victorian government

    Lakes Oil Ltd. of Melbourne is suing the government of Victoria for $2.7 billion (Aus.) in damages following the state’s ban on onshore gas exploration. The writ was filed in the Supreme Court. The company claims the government of Premier Daniel Andrews has deprived it of an opportunity to use its exploration permits “for the purpose for which they were intended.” Lakes added that “the unjust an unlawful actions of the Victorian government, and its proposed bill to ban onshore exploration, have caused significant losses to the company and its 11,000 long-standing shareholders.” The Andrews government has introduced a bill to ban fracking and all exploration and development of unconventional onshore gas and maintained its moratorium on all onshore exploration until 2020. Lakes is seeking damages for $92 million in past expenditure and in excess of $2.6 billion in lost future earnings.

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  2. Unconventional Oil and Gas: Monterey County voters ban fracking

    Voters in an oil-producing county in California have cracked down on fracking and new oil-well drilling.

    Online Articles

    Online Articles

    Thu, 10 Nov 2016

  3. Oil Pirces: US consumers should feel muted impact from rising oil price

    OPEC's decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.

    Online Articles

    Online Articles

    Fri, 2 Dec 2016

  4. Oil and Gas: After new regulations, Oklahoma's shakes calm down a bit

    The rate of earthquakes in Oklahoma has dropped dramatically since late May, when the state limited wastewater injections into energy wells, an Associated Press statistical analysis shows. And a new scientific study says the state is on its way back to calmer times that prevailed before a huge jump ...

    Online Articles

    Online Articles

    Fri, 2 Dec 2016

  1. Study shows fracking resulted in lower mortgage defaults

    Online Articles

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    Wed, 28 Sep 2016

  2. Oil and Gas News: Montana board rejects more fracking disclosures

    Montana regulators on Thursday turned back an effort by environmentalists, health advocates and some landowners who sought to force energy companies to divulge more information about fracking chemicals used to produce oil and gas.

    Online Articles

    Online Articles

    Fri, 23 Sep 2016

  3. Oil and Gas: British government OKs fracking at 1 site despite opposition

    The British government has approved fracking at a site in northern England despite opposition from the local county council.

    Online Articles

    Online Articles

    Thu, 6 Oct 2016

  4. UK government steps in the allow fracking in England

    Fracking for shale gas is to go ahead in northwest England despite opposition from residents and the local council.

    Online Articles

    Online Articles

    Thu, 6 Oct 2016

  5. Oil and Gas: Wyoming study: Fracking likely not behind well water problem

    A final state report released Thursday on foul-smelling well water in Wyoming contradicts an EPA report from five years ago that ignited a national backlash when it suggested hydraulic fracturing was the cause of the contamination.

    Online Articles

    Online Articles

    Sat, 12 Nov 2016

  6. Unconventional Gas: Fracking opponents rally as Maryland prepares regulations

    Opponents of the natural gas drilling technique called hydraulic fracturing are holding events across the state as Maryland environmental regulators prepare to publish proposed rules for issuing permits starting in October.

    Online Articles

    Online Articles

    Tue, 15 Nov 2016

  7. Oil and Gas: Frostburg officials meeting with proponents of fracking ban

    Frostburg's mayor and City Council are meeting with proponents of a proposed ban on hydraulic fracturing for natural gas and oil in the western Maryland college town.

    Online Articles

    Online Articles

    Fri, 11 Nov 2016

  8. Oil and Gas News: Fracking may worsen asthma for nearby residents, study says

    Fracking may worsen asthma in children and adults who live near sites where the oil and gas drilling method is used, according to an 8-year study in Pennsylvania.

    Online Articles

    Online Articles

    Tue, 19 Jul 2016

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