Do you love science? The Department of Energy does. In fact, the Department is the single largest funder of basic research in the physical sciences in the nation. This research spans the Energy Department’s 17 National Labs. The National Labs are a national treasure. They perform groundbreaking scientific research — from game-changing advancements in solar energy to supercomputer simulations… Keep reading →
With little notice, compliance officers, in-house counsel, and other legal professionals for organizations in the oil and gas industry may be required to hand over sensitive files in response to compliance, regulatory, or investigative requests. The continual increase in volumes and disparate types of electronically stored information (ESI), coupled with heightened government oversight and intervention, means the stakes and costs of complying with these requests have never been higher. When managed inconsistently, these requests pose a great risk.
As e-discovery—which involves identifying, collecting, reviewing, and producing responsive data in an investigation or litigation—converges with compliance, corporations must understand how to manage these processes to minimize exposure to costs and risks while maximizing the value of their data for business purposes. The best methodology consists of five steps that will incorporate e-discovery as a repeatable business process into the larger corporate compliance program.
A few Asian buyers of US LNG are looking to sell portions of the supply they purchased under long-term contracts, suggesting the excitement over exporting US natural gas as LNG could be waning a bit. When US gas production began booming around 2007 and prices cratered – falling to as low as $2 per MMBtu… Keep reading →
America’s oil and natural gas industry supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. Industry’s extensive network of 30,000 vendors, suppliers, and contractors create and support jobs and grow the economy in every state in the union and almost every congressional district. What this speaks to is the unprecedented opportunity created by America’s 21st century energy… Keep reading →
In light of a marked increase in the number of gas divestments taking place in the Canadian oil and gas sector, Ernst & Young recently looked at a number of forces that are driving companies to shed assets thereby identifying four dimensions – deal strategy, cost management, speed and risk mitigation – as crucial for any… Keep reading →
My mom is a pro at shopping for good deals. She taught me the importance of timing my purchases during the off-peak season to get the most value for my dollar. Time-of-Use (TOU) electricity pricing reminds me of the lessons my mom taught me, and it can help empower families to take control of their… Keep reading →
But a former Nuclear Regulatory Commission inspector disagrees. An advanced seismic study conducted by utility PG&E to determine the safety of California’s Diablo Canyon nuclear power plant has found that the facility is “designed to withstand and perform [its] safety functions during and after a major seismic event.” The Central Coastal California Seismic Imaging Projectreport was submitted to the Nuclear… Keep reading →
Quick Take: Italian energy giant Enel has long been a trail blazer in the utility space. For example, it was years ahead in deploying smart meters. For instance, earlier this year it launched an innovative renewable energy storage system. So what’s next for the pioneering utility? Scroll down to learn about three more intriguing initiatives Enel is… Keep reading →
Continental Resources, one of the largest Bakken Shale producers, announced some good and bad news to investors yesterday – a new oil discovery (good) but increased capital expenditure guidance (bad). The company announced a new oil discovery in the South-Central Oklahoma Oil Province (SCOOP) where it also said “net unrisked resource potential has increased to… Keep reading →
White House Highlights New DOE Measures to Advance Renewable Energy Deployment and Increase Energy Efficiency For more information, see the White House fact sheet released today on commitments and executive actions to advance solar deployment and energy efficiency, below and HERE WASHINGTON – Building on the President’s Climate Action Plan and the Administration’s effort to diversify our… Keep reading →
