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, geology,… Keep reading →
Solid bipartisan support for important energy legislation is on display in the U.S. Senate, with members of a key committee considering a number of ways to increase access to domestic supplies of oil and natural gas – as well as bills ending 1970s-era restrictions on U.S. crude oil exports. Energy security is about having secure,… Keep reading →
This May has truly been a banner month for transparency of the oil and gas industry. To start, FracFocus, the state-run, national hydraulic fracturing chemical disclosure database,released chemical information of nearly 100,000 wells in raw digital format. On the same day, Colorado’s Oil and Gas Conservation Commission (COGCC) put two key datasets online that will… Keep reading →
Saudi Arabia’s oil minister has made the shocking statement that the world’s biggest oil exporter could stop using fossil fuels as soon as 2040 and focus on developing solar and wind energy resources. “Ali Al-Naimi’s statement is striking as Saudi Arabia’s wealth and influence is entirely founded on its huge oil wealth and the nation… Keep reading →
Clean energy advocates in California were pretty excited two months ago when an administrative law judge told state utilities regulators they should look for preferred alternatives to approving a power purchase agreement for power from a new natural gas-fired plant in San Diego County. Alternatives like renewable energy, storage, efficiency and demand response. “This is a huge reversal… Keep reading →
Consumers have felt some of the fruits of America’s energy revolution, API Chief Economist John Felmy told reporters in a pre-Memorial Day conference call. Felmy noted: Drivers are paying about $1 less per gallon of gasoline on average nationwide than they did at this time a year ago, according to AAA. Thanks to advanced hydraulic… Keep reading →
The oil industry has seen many booms and busts in its history, and it’s common in times of low oil prices for companies to face significant pressure to cut spending. This can lead to production slowdowns, decommissioned rigs, layoffs and other cuts with similar far-reaching consequences. It can even lead to unsafe working conditions if… 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, geology,… Keep reading →
Sometimes, amid the back and forth of discussions over energy policy, it’s helpful to talk about the real-world impacts of various policy choices. Right now in Pennsylvania, there’s a vigorous debate going on over a proposed natural gas severance tax that would supersede the state’s existing impact fee — vigorous because the impact fee has… Keep reading →
Shale-Oil Producers Ready to Raise Production Wall Street Journal: After slashing production for months, U.S. shale-oil companies say they are ready to bring rigs back into service, setting up the first big test of their ability to quickly react to rising crude prices. Last week, EOG Resources Inc. EOG, -0.08% said it would ramp up… Keep reading →
