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Horizontal drilling fuels latest Oklahoma oil boom

More than 4,600 oil and natural gas wells were completed in Oklahoma last year as part of a domestic boom that is affecting many parts of the nation, according to reports filed with state regulators.  More »

Supreme Court curbs shareholder class-action suits with Halliburton case

A Supreme Court ruling Monday will make it easier for Halliburton to fight a lawsuit brought by investors who allege the company misled them.  More »

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »

The Spoils of War 2: Expect Dire Consequences if Syrian Contagion Spreads to Oil

Among the dismal reports coming out of Iraq, a seemingly minor but highly significant item was news that ISIS and the Iraqi government were battling over the Baiji oil refinery near Tikrit. The Baiji oil refinery, news reports noted, could be a key installation in providing fuel. Indeed, back in the day so-called “insurgents” often […]  More »

Colorado GOP gubernatorial candidates discuss fracking

The four Republican gubernatorial contenders in Colorado’s Tuesday primary answer questions about what they’d do if elected. Here, they talk about how fracking. Each responded in writing. Answers were edited for space reasons  More »

Rumored Targa deal a bust, but firm is ripe for buyout

The rumored $15 billion deal for control of a Houston natural gas pipeline operator never got past the initial talks, Targa Resources said after its shares soared on reports it was closing in on a sale.  More »

Feds want time to decide on retrial for former BP engineer

Prosecutors said Tuesday that deciding whether to appeal Duval’s order will take time and will require involvement of top Justice Department officials.  More »

The oil & gas industry has a culture of safety, what about a culture of health?

Make no mistake, working in this industry is, for many people – I’m thinking here of field personnel specifically – not just a job but actually a lifestyle: it can become all-consuming, to the point where one submits completely to their work and a return from the field signifies not a return to normal life, but just a temporary pause in the work cycle.  More »

Manufacturers want more time on natural gas exports

A coalition of manufacturers and other industrial users of natural gas is asking the Obama administration for more time to review its latest plan for vetting proposals to sell the fossil fuel overseas.  More »

Southton Rail Yard is part of Eagle Ford shale boom

Southton Rail Yard is one of the latest rail sites in South Texas to expand — or appear from scratch in a swath of cleared brush and mesquite — as part of the ripple effect of the Eagle Ford Shale drilling boom.  More »

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »

Failed Risk Management

The renewed combat in Iraq has caused oil prices to increase, although modestly so far.  The prospect of a possible curtailment in Iraq’s production has oil markets rightfully nervous.  Some analysts see oil prices increasing another $30 if production was shut off or significantly reduced.  That would take prices back to the $140 level that […]  More »
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