The action can be seen as one of what will be several moves to undo the Obama administration's climate change regulations.
Pruitt mentioned three rules that could meet the chopping block early on: the Waters of the U.S. rule; the Clean Power Plan; and the U.S. Methane rule.
Drillers added five oil rigs in the week to Feb. 24, bringing the total count up to 602, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 24.
In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.
"I believe that we as an agency, and we as a nation, can be both pro-energy and jobs, and pro-environment," Pruitt said in his first address to EPA staff.
Dry gas output in 2016 averaged 72.36 Bcf/d as low energy prices reduced drilling activity. It was the first annual production decline since 2005.
Trump may be willing to abide by some of the Paris climate accords, particularly those that jeopardize U.S. trade with a carbon tax.
Drillers added four oil rigs in the week to Jan. 6, bringing the total count up to 529, the most since December 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on Jan. 6.
An expanded Panama Canal opens up opportunities for U.S. exporters, especially in LNG and ethane markets.
Patterson-UTI will have more than 1.5 million hydraulic fracturing horsepower following the closing of the transaction, the U.S. driller said.