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Groups push EPA to rewrite Oil and Gas waste disposal rules

September 01, 2015

Seven environmental organizations say they will sue the U.S. Environmental Protection Agency to force the agency to set new and tighter standards for disposal of oil and gas drilling and fracking waste that they say now threatens public health and the environment.

Take advantage of the cheaper Oil and Gas

September 01, 2015

The fall of oil and natural gas prices is a boon to U.S. consumers and the economy. Americans should enjoy the break while it lasts.

Low crude price puts pressure on US banks over Oil and Gas loans

September 01, 2015

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. The low crude price is putting US banks under pressure from regulators to move quickly in classifying oil and gas loans as troubled assets when borrowers slide into difficulty, says a top financier.

The state of Louisiana Oil and Gas is not pretty according to industry leader

September 01, 2015

The Louisiana oil and gas industry has hit record lows in several areas over the past year, and it's not clear when it will rebound, according to Don Briggs, president of the Louisiana Oil & Gas Association.

Qatari trade surplus falls in July due to Oil and Gas price volatility

August 31, 2015

Qatar’s trade surplus fell last month, largely because of tumbling oil and gas prices.

Cooperation, confidence vital in opening Arctic to Oil and Gas exploration

August 31, 2015

The president’s visit to Alaska this week highlights the economic opportunity and concern for the future of Arctic people’s cultures and the environment in the face of changing climate and increased human activity. Recognizing that nations like Russia and China are moving forward with Arctic economic development, facilitating exploration and development in Alaska would enhance national, economic and energy security, benefit the people of the north and the United States as a whole and position us well to exercise global leadership.

Alberta to keep Oil, Gas royalty framework till end of 2016

August 31, 2015

Alberta’s oil and gas royalty framework will remain in place until the end of 2016, Energy Minister Marg McCuaig-Boyd said on Friday, as she gave details on a review of the scheme for the province’s new left-leaning New Democrat government.

Oil and Gas salary increases fall significantly amid global Oil price slump

August 31, 2015

Salary increases in the oil and gas industry have fallen significantly over the last year as the turmoil surrounding the global oil price slump begins to be reflected in wages.

Falling prices: Take advantage of the cheaper Oil and Gas

August 28, 2015

The fall of oil and natural gas prices is a boon to U.S. consumers and the economy. Americans should enjoy the break while it lasts.

Encana, Erie reach agreement on Oil and Gas operations

August 28, 2015

After months of negotiations, Erie town officials and Encana Corp., one of Colorado's biggest energy companies, have reached an agreement governing how oil and gas operations will be conducted in the northern Front Range town.

Norway’s Seagull Oil & Gas Acquires ExTek AS

August 28, 2015

E-learning company Seagull Oil & Gas acquired all the shares in ExTek AS, Norway’s oil and gas industry core competency training center, the company said Aug. 26. ExTek is Norway’s only core competency training center for employees and contract staff that uses the globally recognized CompEx Scheme, the company added.

Collapse of Oil and Gas price forces French oil major Total to sell off assets in North Sea to cut costs

August 28, 2015

Total, which has been operating in the UK since 1962, will offload some gas pipelines to US-based private equity firm ArcLight Capital’s North Sea Midstream Partners in a £585m deal.

Environmentalists threaten to sue EPA over Oil & Gas waste-disposal law

August 27, 2015

Seven environmental groups on Wednesday threatened to sue the U.S. Environmental Protection Agency for allegedly failing to update a law on the disposal of oil and gas waste to reflect the fracking boom of recent years.

Make room for local voices on Oil and Gas drilling

August 27, 2015

Petitioners in three Ohio counties have encountered substantial objections from Jon Husted in their drives to pass charter amendments that would ban hydraulic fracturing for oil and natural gas and related activities. The secretary of state recently ruled proposed amendments in Medina, Fulton and Athens counties off the Nov. 3 ballot, citing deficiencies in the charter form of government to be established and conflicts with state laws regulating the oil and gas industry.

Hawaiis Governor Dumps Oil and Gas in Favor of 100 Percent Renewables

August 27, 2015

At the Asia Pacific Resilience Innovation Summit held in Honolulu, Hawaii, this week, Governor David Ige dropped a bombshell. His administration will not use natural gas to replace the state’s petroleum-fueled electricity plants, but will make a full-court press toward 100 percent renewables by 2045. Ige’s decisive and ambitious energy vision is making Hawaii into the world’s most important laboratory for humankind’s fight against climate change. He has, in addition, attracted an unlikely and enthusiastic partner in his embrace of green energy—the US military.

Heres the real long-term threat to the Oil and Gas industry

August 27, 2015

As oil prices continue their downward slide, most investors and firms are understandably eyeing prices, revenues, and exploration costs nervously. All that makes sense, as there is a good chance some oil firms will face liquidity crunches and restructuring over the next year. In the longer term though, there is another specter that could be equally damaging to O&G firms – a shortage of skilled labor.

UPDATE 3-Bad Oil-and-Gas loans soar as BMO profit tops estimates

August 26, 2015

Bank of Montreal on Tuesday reported that bad oil-and-gas loans increased sharply in the third quarter as profit topped market expectations on growth in its wealth management unit and personal and commercial banking.

Sorting out the disconnect between crude Oil and Gas prices

August 26, 2015

For a generation, we’ve assumed that with the exception of taxes and a gas station’s retail mark up, the price we pay at the pumps is largely influenced by the cost of oil.

Calgary man accused of defrauding Oil and Gas company of nearly $5 million

August 26, 2015

A Calgary man has been charged after an oil and gas company he co-founded was defrauded of nearly $5 million.

Pain and gain on the way for Oil and Gas industry

August 26, 2015

The pain isn't over for the oil and gas industry, according to speakers at the Rocky Mountain Energy Summit, the Colorado Oil & Gas Association's annual industry conference underway this week.


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