BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
Even as Keystone XL’s southern leg launches today, delay pervades the remainder of the Keystone XL pipeline. Why more than five years after the initial filing are we still waiting for a final decision from the Obama Administration?
Real Clear Politics recently ran an article by a writer from the so- called Center for American Progress. I say so-called because from the content of the article, the organization would be more accurately named the Center for American Distress or the Center for Political Bambozzle. It uses and misuses tired old assertions about oil […]
It is highly likely that without a service company taking a chance on me, I wouldn’t be enjoying the great career in oil & gas that I’m in today. Today’s question comes from a reader who also started with a service company, but whose desired career path entails joining an operator. At what point will they be ready to make the jump?
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