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Gulf spill consortium gets new head

The organization was created in the wake of 2010′s Deepwater Horizon disaster, and counts BP, ExxonMobil, Chevron and other companies in its membership.  More »

Shell testing new laser-based sensor to find shale gas

Royal Dutch Shell is testing a new device that uses lasers to help identify natural gas reservoirs, Wyoming-based oilfield service company WellDog announced Tuesday.  More »

Petrochemical boom pumps cash into local communities but strains infrastructure

As chemical plants rush to take advantage of the cheap, abundant natural gas unleashed by the U.S. shale boom, industry and local communities like Baytown and Mont Belvieu have been forced to strike a delicate balancing act between embracing the flurry of new construction activity while maintaining good quality of life for residents.  More »

West Texas crude at 17-month low

Oil for November delivery fell $1.49, or 1.7 percent, to $88.85 a barrel on the New York Mercantile Exchange.  More »

Oil companies cast wary eye to African Ebola crisis

Exxon Mobil delayed drilling an offshore exploratory will in Liberia as it and other oil companies keep a close watch on the Ebola outbreak in West Africa.  More »

Oil business recruits women to replace the retiring old boys

The booming oil industry, in need of new talent as the previous generation nears retirement, is trying to attract more women to its ranks.  More »

Methane pollution from federal lands rising, oil boom to blame

Data from the Interior Department shows a huge uptick in methane being vented or burned as waste from wells on public lands.  More »

Pipeline Modernization Needed to Embrace Energy Potential

“You cannot understand economics unless you understand energy. The industry is carrying the rest of the U.S. on its shoulders. Without the energy boom going on, there would be no economic recovery at all.”   – Stephen Moore, Chief Economist for the Heritage Foundation, at the Shale Insight 2014 Conference This month, the City of Pittsburgh […]  More »

Pipeline’s path stirs opposition in Va., W.Va.

A proposed $5 billion pipeline that would deliver natural gas to the Southeast is finding opposition along its planned path in West Virginia and Virginia.  More »

Drones could be used on North Dakota oil fields

While the commercial use of drones is largely banned, the Federal Aviation Administration allowed oil giant ConocoPhillips to use unmanned aircraft systems in Alaska’s Prudhoe Bay oil field last year and granted a similar permission to BP there in June.  More »

The Corruption of Science

The late Dr. Michael Crichton in a speech at the California Institute of Technology made the following observation: “I want to …talk about … the rise of what has been called consensus science. I regard consensus science as an extremely pernicious development that ought to be stopped cold in its tracks. Historically, the claim of consensus […]  More »

Q&A: Companies take steps to avoid greasing palms in oil search

Energy companies are a particularly vulnerable to investigations under U.S. anti-bribery laws because they often operate in remote countries with histories of corruption, says George Terwilliger, a former deputy U.S. attorney general who now works at a private law firm.  More »

Breast cancer awareness heads to oil patch on a pink drill bit

Baker Hughes painted a thousand drill bits pink this month, adopting the rosy shade used by Susan G. Komen, the philanthropic organization that promotes education, research and advocacy for breast cancer.  More »

Cheniere considers condensate export facility near Corpus Christi

The Houston-based company is negotiating to buy 552 acres in an industrial site along the La Quinta Ship Channel for a condensate storage and shipping project which could cost between $400 and $600 million.  More »

Linn Energy is selling $2.3 billion in assets

Proceeds from Linn’s sales will be to pay for $2.3 billion worth of assets it bought Devon Energy Corp.  More »
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