Newpark Resources says it wants to focus on its core business activities that include drilling fluids and mats. More »
Royal Dutch Shell said Tuesday it had started production from its Olympus platform, the first of several new platforms expected to push oil production in the Gulf of Mexico to a record level by 2016. More »
Crews continued to work Friday to stop natural gas flowing from a drilling rig off the Louisiana coast, and the Coast Guard said workers had managed to cut the flow in half. More »
Oil companies that hope to nab new drilling leases near the U.S.-Mexico boundary in the Gulf of Mexico will have to wait a little longer to see if they were successful. More »
Lawyers for a former BP engineer convicted of trying to obstruct an investigation of the company’s 2010 Gulf oil spill plan to seek the disqualification of the federal judge who presided over the trial last month.
This week, help for someone looking for some advice on mentorship! More »
A federal appeals court has upheld a judge’s approval of a multibillion-dollar settlement between BP PLC and lawyers for Gulf Coast businesses and residents who claim the company’s 2010 Gulf of Mexico oil spill cost them money.
Houston-based Fieldwood Energy plans to pay $750 million for 150 blocks in the shallow waters of the Gulf of Mexico. More »
BP is again asking a New Orleans appeals court to intervene after a federal judge denied its latest attempt to block some payments in its multibillion-dollar oil spill settlement. More »
Even in oil & gas, where the market is good for job seekers, internships are crucial for getting your foot in the door. While they present a great opportunity for interns to build their skill set, they provide an equally good chance for companies to perform an “extended interview” and evaluate things like work ethic, dependability, and “fit” with the company culture. Today, a budding oil & gas professional from Rice University wants to know how they can ace this interview and secure their place in the industry! More »
A federal judge on Tuesday denied BP’s months-long efforts to stem settlement payments to oil spill claimants it says were not harmed by the 2010 Gulf of Mexico disaster. More »
Legislation that opens the door to oil and gas drilling in international Gulf waters has cleared Congress, just in time for Mexico’s energy reforms and a Jan. 17 deadline for the U.S. to sign off on the work. More »
BP and ConocoPhillips announced a sizable oil discovery at the jointly-owned Gila prospect in the Gulf of Mexico, the two companies announced Wednesday. More »
Legislation to enact a long-stalled international treaty governing oil drilling along the U.S.-Mexico border in the Gulf is wedged into a new congressional budget deal, boosting the odds Congress will implement the pact before a Jan. 17 deadline. More »
BP ’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision. More »