Articles
IssueM Articles
FMC and Technip Expect Smooth Merger
Another two companies within the oil and gas sphere have revealed their plans to merge. FMC Technologies Inc. and Technip SA, based in Houston and...
Association Opposes Plan to Tax Oil
The Louisiana Oil and Gas Association (LOGA) has said it is not pleased with the Obama Administration’s new plan to charge oil companies a fee...
Judge Rules Fracking Cannot Be Regulated by Federal Government without Approval
A judge in the District Court of Wyoming recently rejected the Obama administration’s proposal for regulating hydraulic fracturing (fracking) on federal lands. The proposed rule...
Louisiana Blames O&G Industry for Coastal Erosion
New Orleans Mayor Mitch Landrieu wants the oil and gas industry to pay for nearly a century’s worth of damage to Louisiana’s coastline. The situation...
Devon Energy Bids Farewell to Co-Founder
Devon Energy Corp., a production and exploration company based in Oklahoma City, Okla., recently selected a new chairman for the board of directors. John Richels,...
Offshore Conference Attendance Drop Indicative of Oil Slump
The OTC (Offshore Technology Conference) located in Houston, Texas, has experienced its own form of repercussions from the ongoing downturn. One of the most popular...
Tough Market Conditions Force Companies to Change Strategy
Houston-based EOG Resources has unveiled a new strategy intended to boost profitability by focusing only on wells that provide a desired level of return. By...
Issued Drilling Permits Down 20 Percent in Texas
The number of drilling permits for oil and gas exploration issued by Texas regulators for the month of April shows to be down 20 percent...
EPA Announces Rules to Cut Methane Emissions from Oil and Gas Sites
The U.S. Environmental Protection Agency on May 12 said it has completed a set of rules intended to regulate methane and other emissions from new...