By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — The doors of a metal box slide open, and a drone rises over a gas well in Pennsylvania. Its mission: To find leaks of methane, a potent greenhouse gas, so that energy companies can plug the leaks and reduce the emissions that pollute the air. The drone is among an …

By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press WASHINGTON (AP) — The Environmental Protection Agency says it will conduct helicopter overflights to look for methane “super emitters” in the nation’s largest oil and gas producing region. EPA’s Region 6 headquarters in Dallas, Texas, issued a news release about a new enforcement effort in the Permian Basin on Monday, saying the …

By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press WASHINGTON (AP) — The Environmental Protection Agency says it will conduct helicopter overflights to look for methane “super emitters” in the nation’s largest oil and gas producing region. EPA’s Region 6 headquarters in Dallas, Texas, issued a news release about a new enforcement effort in the Permian Basin on Monday, saying the …

Oil and gas activity continued to drop last quarter, although at a slower rate, according to a survey of executives in the oil and gas industry. Dallas Federal Reserve analysts last week released the Dallas Fed Energy Survey for the third quarter of 2020 after receiving responses from 166 oil and gas industry executives, both in the production and exploration …

Chevron Corp. expects to close on a $5 billion deal to acquire Noble Energy, Inc. by the end of this year. In the largest oil and gas deal since the coronavirus pandemic hit in March and the oil price crashed below zero in April, Chevron officials announced Monday the company has entered into a definitive agreement with Noble to acquire …

SAN RAMON, Calif. (AP) — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachia. The huge fourth-quarter write-down — between $10 billion and $11 billion — …

Occidental Petroleum Corporation Thursday announced the successful completion of its acquisition of Anadarko Petroleum Corporation a in a transaction valued at $55 billion, including the assumption of Anadarko’s debt. “With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,” said Vicki Hollub, President …

IRVING, Texas — ExxonMobil officials said that a new study commissioned by the multinational oil and gas corporation estimates its development of Permian Basin resources in New Mexico will generate $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and …

DALLAS (AP) — The production of oil and natural gas in West Texas is booming but it’s coming at a cost to residents who are regularly exposed to unhealthy levels of air pollution, according to a report issued by an environmental group. The Environmental Integrity Project noted in a report released Thursday that the Permian Basin, which extends into New …

SAN RAMON, Calif. (AP) — Chevron won’t increase its buyout offer for Anadarko, cutting short a potential bidding war with Occidental Petroleum. Occidental challenged Chevron’s initial bid last month, offering $57 billion in cash and stock, including debt and book value of non-controlling interest. Chevron’s offer was worth about $50 billion by the same metric. Occidental’s bid gained momentum two …