Tulsa Company Agrees to Pay Fine to Settle EPA Charges
Tulsa, Okla.-based Magellan Pipeline Company L.P. has agreed to pay a fine of $2 million, in addition to $16 million for recovery purposes, to the...
Articles by Tim McNally
OPEC Nations’ Compliance with Production Cut Boosts Oil Price
by Tim McNally
The price of oil jumped after Saudi Arabia Energy Minister Khalid al-Falih announced that the kingdom had kept to its November obligation as a member...
O&G Industry May Encounter Workforce Shortage
The fact that oil and gas firms have cut hundreds of thousands of jobs is nothing new. The repetitive headlines detailing the thousands of jobs...
President Obama Bans Drilling in Parts of Arctic and Atlantic
by Tim McNally
Obama recently announced a ban on any sort of offshore oil and gas drilling activity within a 100-million-acre region of the Arctic and Atlantic. Canada...
Louisiana Oil and Gas Companies Optimistic about Trump Policies
As it currently stands, many oil and gas companies are required to provide capital up front to fund the removal of their offshore equipment in...
Trump Selects Exxon CEO for Secretary of State
President-Elect Donald Trump’s decision to nominate an oil and gas CEO to the Secretary of State position has been met with criticism from both the...
Oklahoma Ranks Top Among Regions for Oil and Gas Investment
The Fraser Institute, an independent, Vancouver-based think tank, on Dec. 6 released its 2016 Global Petroleum Survey. The survey is the institute’s 10th annual edition...
OPEC Agrees to First Oil Production Cut in Eight Years
In September, OPEC announced that it would finalize an oil production cut by the end of November. The announcement was met with much doubt and...
US Geological Survey Discovers Largest US Continuous Oil and Gas Deposit in Texas
The U.S. Geological Survey (USGS) estimates that it has discovered the largest continuous oil and gas deposit ever assessed in the U.S. The agency on...
Four Louisiana-Based Oil and Gas Startups Supported by The Idea Village
Despite the slump in global oil prices, a few brave Louisiana-based companies are venturing out as startups in the energy industry. Their innovative ideas show...