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Twitter, Millennials and Accountability in the Gulf and Beyond

The ins and outs of futball staffing in the oil-rich Gulf would seem at first glance to be a subject too esoteric to watch from the oil industry but writer James Dorsey’s recent comments on the fan-driven removal of royal family member Prince Nawaf Bin Feisal, former head of the Saudi Football Federation, are worth […]  More »

McDermott shares fall after earnings miss

The company said it sees “near-term challenges.”  More »

Guest Commentary: Norwegian energy minister touts industry’s international growth

Ola Borten Moe, Norwegian minister of petroleum and energy, notes that the nation’s energy industry is moving north, across the Arctic Circle, as well as south, into the deep waters of the Gulf of Mexico.  More »

Chevron wins suit against U.S. over Calif. deposits

Chevron Corp. is entitled to unspecified damages against the federal government in a contract dispute over oil deposits in California worth $37 billion, the U.S. Court of Claims ruled.  More »

Chinese manufacturing company focuses on the United States

This year’s Offshore Technology Conference has had a decidedly international flavor, from sessions featuring executives with national oil companies to delegates from around the world. But Zhang Mi, chairman and president of China’s HongHua Group, is here to emphasize his company’s focus on the United States.  More »

Energy Department using broad criteria to judge LNG exports

The Energy Department is sifting through some 200,000 public comments as it prepares to issue verdicts on energy companies’ applications to broadly export natural gas, a top Obama administration official said Thursday.  More »

It’s not MTV, but there are videos at Technip’s booth

A 10-minute wide-screen countdown to the world debut of a video about Technip’s state-of-the-art subsea pipelay vessel – which will be one of the fastest and longest in the world – took on an even more dramatic tone when it was broadcast on a 154-inch by 91-inch display made of up of 16 screens.  More »

Apache to sell off $4 billion in assets, buy back shares

Apache Corp., this year’s third-worst performing oil and natural gas producer on Standard & Poor’s energy index, plans to sell $4 billion in assets by the end of this year and buy back shares.  More »

Warning: This booth is bright and loud

Flashing lights are always an attention-grabber at the Offshore Technology Conference, but for Federal Signal Safety and Security Systems, they are essential.  More »

Lyndon Larouche’s political action committee camps out at OTC

Anyone taking MetroRail to the Offshore Technology Conference this week probably saw Craig Holtzclaw setting up his own booth alongside the Reliant Center stop. But unlike the booths inside Reliant Park, Holtzclaw’s was selling a particularly off-beat brand of politics.  More »

Noble Energy fosters creativity to find more oil and gas

Fostering a common spirit is part of the magic brew that Noble Energy is using to generate innovation, according to Susan Cunningham, executive vice president of exploration and business development for Noble Energy.  More »

Transocean profit climbs as demand rises for rigs

Net income climbed to $321 million.  More »

Phillips 66 CEO: ‘By all metrics, we feel very good’

Phillips 66 CEO Greg Garland said he doesn’t expect the Keystone XL pipeline to gain U.S. approval this year and suggested regulators will need to “fix” requirements governing the blending of biofuels into gasoline. But Garland said neither of those issues are of serious concern to Phillips 66, which held its first shareholders meeting Wednesday.  More »

The flip-flop brigade at OTC

The Offshore Technology Conference is huge. And the parking lot and train station is a long way away from the trade show floor. So smart women are coming into Reliant Park in flip-flops, sneakers and other comfy footwear. Then they pop into one of the bathrooms and trade out their comfort footwear for business pumps […]  More »

The food truck craze hits OTC

Add food trucks to the list of things that people are lining up for at OTC this year. There are some new additions, along with old reliables like pizza and burgers.  More »