The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
BLM has released a draft environmental analysis of the first proposed commercial oil production project in the Alaska National Petroleum Reserve. On February 21, 2014, the U.S. Bureau of Land Management (BLM) published a notice seeking public input on the Draft Supplemental Environmental Impact Statement (SEIS) for the proposed Greater Mooses Tooth Unit 1 (GMT1),… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
Alaska Governor’s latest plans to advance Alaska’s long-sought natural gas pipeline calls for state ownership share in the state’s LNG export project. On January 10, 2014, Alaska Governor Sean Parnell announced a proposal to establish state equity partnership in the Alaska Liquefied Natural Gas (LNG) project. To this end, the state will terminate its 2008… Keep reading →
ExxonMobil’s Ken Cohen highlights the tax payments made by some of the largest US-based oil companies, three of which – Exxon, Chevron and ConocoPhillips – appear in a list of the Top 10 corporate tax payers in 2012 compiled by 24/7 Wall Street. “In fact, ExxonMobil and Chevron are ranked #1 and #3 respectively, with… Keep reading →
Rising oil output in the US has already begun to alter the traditional price relationship between US and international crudes, and continued production growth could lead to a domestic glut of certain grades, adding to pressure to lift restrictions on crude exports. The stunning turnaround in the US’ oil fortunes has made plenty of headlines,… Keep reading →
ExxonMobil is famously tight-lipped and conservative, and its quarterly earnings calls rarely produce much in the way of stunning news or salacious gossip. But the company’s discussions of ongoing operations at important projects – such as massive oil sands investments, Russian gas export facilities and Alaskan infrastructure targets – touch on some of the trickiest and… Keep reading →
Coal and oil and gas producer Consol has agreed to sell its Consolidation Coal Company subsidiary, which holds five West Virginia coal mines, to Murray Energy for $3.5 billion. Consol aims to whittle its assets down to growth markets – natural gas production and coal for export – as the future of US power generation veers more… Keep reading →
ConocoPhillips, the largest oil and gas producer in the state of Alaska, is mulling exports of Alaska North Slope crude to Asian markets, where the company may find better returns than on the US West Coast. “We do have the flexibility, if we want to use it, to take ANS cargoes to Asia,” said chief… Keep reading →
Large oil and gas companies are some of the most active investors in the cleantech space, using new technologies to improve operational efficiency, according to research and advisory firm the Cleantech Group. Cleantech start-ups and oil and gas producers would not appear at first glance to be a good fit for fruitful corporate partnerships. The… Keep reading →
