The industry’s 50 largest companies saw their greatest annual growth in domestic oil and gas reserves in at least five years, according to a study by Ernst & Young. The Permian Basin in West Texas and the Eagle Ford play in South Texas in particular benefited from growing interest in shale gas. More »
The ad, set in Dallas, touts biodiesel as a clean-burning alternative to petroleum-based diesel fuel that can help reduce the nation’s dependence on fossil fuels, create jobs and slash tailpipe emissions. More »
The Marine Well Containment Company said Tuesday it has begun offering a system capable of containing oil spills in 10,000 feet of water in the Gulf of Mexico, an improvement over a previous 8,000-foot system.
Government inspections of thousands of offshore oil and gas facilities will now involve teams of federal workers rather than just a single auditor. The federal agency that oversees offshore drilling has just launched a first-ever program for broadly training the inspectors. More »
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