NAPE conference focuses criticism on Obama
The annual NAPE Conference provided a forum for the oil and gas industry to target administration policies that critics say have limited domestic fossil fuel production.
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Hart Energy executive dies after battle with cancer
Energy industry publisher Hart Energy announced that Frederick L. Potter, the Houston firm’s executive vice president and a board member, died after a two year battle with cancer.
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BP growing wind farm in West Texas
West Texas isn’t all drilling rigs, oil wells and pump jacks. The region is rapidly raising its profile as a global powerhouse for wind energy.
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Pioneer Drilling logs a 4Q profit
Pioneer earned $6.8 million in the quarter, as its rig utilization rates increased and margins rose for its production services division.
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Sunoco Logistics to expand Nederland terminal
The project, which will include new rail lines to help the facility with shipments of sweet crude oil from production centers in North Dakota, is considered to be the first phase of a project that could lead to more expansions.
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Anadarko CEO Hackett to step down in May
Anadarko Petroleum CEO James Hackett will become executive chairman in May, and Chief Operating Offider Al Walker will succeed him as head of the independent oil and gas company.
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Anadarko’s Walker to replace Hackett as CEO
Anadarko Petroleum’s Chief Operating Officer Al Walker will replace CEO James Hackett in May, the company said Tuesday, with Hackett assuming the role of executive chairman until he retires in June 2013.
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Gingrich woos with prospect of $2 a gallon gas
TULSA, Okla. — Republican presidential candidate Newt Gingrich is dangling the prospect of gas as low as $2 a gallon if he’s elected.
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U.S. oil gusher blows out projections
The United States’ rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts.
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BP seen unlikely to settle spill case before trial
BP executives told analysts they don’t expect to settle litigation arising from the Deepwater Horizon disaster before a trial set to start Feb. 27.
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Natural gas pipeline boom expected to lead to 125,000 new jobs
The rush towards natural gas is also turning natural gas pipeline construction into a booming business, with more than $200 billion capital investment and an additional 125,000 jobs expected in the next 25 years, according to a Black & Veatch study released on Friday.
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Energy Transfer expands Gulf Coast projects on Eagle Ford boom
The Dallas-based pipeline company is adding gas processing facilities and expanding a pipeline to handle the growing flow of natural gas liquids out of the Eagle Ford Shale and Permian Basin.
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