From Law.com
On Friday, President Obama vetoed a bill that would have cleared the way for a 9/11 tort litigation filed in 2002 – a lawsuit that accuses Saudi Arabia and its charities of helping al Qaida. Some senators were …
Although the U.S. rig count rose in the week ended September 16, 2016, it remains 511 below where it sat at this time last year, according to information from Baker Hughes Industries…
BetaZi LLC is pleased to announce the availability of a new product powered by its proprietary physics-based™ predictive analytics and P2 Energy Solutions’ Tobin™ data: Basin Studies. Each Basin Study includes a reliable forecast on every well in the basin, …
From The Hill
Lawmakers in both parties are growing more skeptical of the U.S. alliance with Saudi Arabia.
This week, 27 senators — three Republicans and 24 Democrats — voted against a $1.15 billion arms sale to the country. That …
From Workboat
Will increased Jones Act enforcement benefit the offshore industry?
In July, U.S. Customs and Border Protection (CBP) announced the creation of the National Jones Act Division of Enforcement (JADE).
CBP said that the mission of JADE will be …
From Birmingham Business Journal
Colonial Pipeline has restarted the flow of gasoline on its Line 1 pipeline through Shelby County, Alabama.
The pipeline was shut down on Sept. 9 after more than 300,000 gallons of gasoline leaked into a nearby …
The number of rigs in the United States grew in the week ended September 16, 2016, according to information from Baker Hughes Industries (ticker: BHI). …
InterOil Corporation (ticker: IOC) announced today that more than 80% of its shareholders approved of the ExxonMobil Corporation (ticker: …
The oil and gas industry is expected to increase spending next year for the first time following the crash in oil prices at the end of 2014, according …
From the Pittsburgh Business Times
Republican presidential candidate Donald Trump promised to lift regulations and boost the coal, natural gas and steel industries during a speech Thursday in downtown Pittsburgh.
From the American Lawyer
Two of Canada’s largest provincial law firms announced their intention to merge on Wednesday. The union, the latest in a series of combinations between firms up north, will create one of the largest full-service firms in …
Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind.
Gulf Island …
From Reuters
The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that will see the $30 billion firm bulk up its transport business while seeking alliances or a separate listing for its energy operations.
Low freight …
From The Hill
A bipartisan pair of lawmakers are seeking to level the playing field when it comes to how alternative fuel trucks are taxed, with the hope of getting more green vehicles on U.S. roads.
Rep. Tim Ryan (D-Ohio) …
Encana Corporation (ticker: ECA) announced today the completion of its public offering (“Offering”) of 107,000,000 common shares (“Shares”) of Encana at a price of US$9.35 per Share, for gross proceeds to Encana of approximately US$1 billion. In connection with …
DUCs, or drilled but uncompleted wells, have been a major topic of discussion among analysts for more than a year. …
New, much more stringent …
Natural gas prices closed down today after hitting a high of $3.05, yesterday. The EIA reported a natural gas injection of 52 Bcf for the week ended …
Prior to November 2014, OPEC acted as the swing producer, raising or lowering production in order to send prices one way or another. Since making …
Blackbird Energy (ticker: BBI) announced Thursday that the company received final approval from the TSX Venture Exchange for its proposed acquisition of an indirect 10% …
With the arrival in Norway of the first ethane shipment from Enterprise Products Partners’ terminal in Morgan’s Point, Texas on September 22, Oil & Gas 360® took a look …
Given the importance of the energy industry to Texans, the policies of the next president of the United States could have a major impact on the state.
From their positions on how to deal with …
Proponents say a petition calling on the federal government to do more to support the energy industry has the most signatures of any online petition ever tabled in the House of Commons.
The e-petition, bearing the …
From Tulsa World
Despite the current downturn, the oil and gas industry continues to be a vital driver of Oklahoma’s economy, according to an updated report commissioned by the state chamber of commerce.
Released Wednesday, the study, “Economic Impact of …
As part of its ongoing review of emerging issues, the Financial Accounting Standards Board (FASB) issued a new update that seeks to narrow variations in how cash receipts …
Manitok Energy (ticker: MEI) announced initial production rates from a successfully drilled horizontal Lithic Glauconitic exploration well in the Rockyford area of Southeastern Alberta. The company also announced that it spud a …
Oil prices shot up more than 3% today as U.S. crude stockpiles record the third straight inventory draw for the week ended September 16, 2016. WTI was trading above $45.50 in the afternoon, …
As oil and natural gas producers search for …
From the Guardian
Today’s Federal Reserve meeting wasn’t a shocker. But nor was it a complete damp squib.
Instead, we saw a central bank inching towards raising interest rates, and running out of excuses for leaving them on hold today…
A new $24 billion Chinese refinery that’ll use as much crude oil as some of Asia’s biggest plants is set to take on rivals by helping make plastic bottles rather than fuel for cars.
Rongsheng Petrochemical Co. …
