Halliburton, Baker Hughes Abandon Merger
In a surprise move, oilfield services giants Halliburton and Baker Hughes on May 1 announced that plans for a merger had been terminated. The announcement...
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Budget Problems Abound in the Oilfield
While lawmakers in Oklahoma work to fill the $1.3 billion hole in the state’s budget for next year, Moody’s Investors Service released reports on several...
Obama Administration Releases Final Rules on Offshore Drilling
On Apr. 14, the Obama Administration released a final set of rules on offshore drilling that are geared toward preventing an explosion similar to the...
Halliburton – Baker Hughes Merger Derailed Again
On Wednesday, the proposed merger of the No. 2 and No. 3 oilfield services firms was derailed again by the U.S. Department of Justice (DOJ),...
USGS Report: 7 Million Americans at Risk of Experiencing Seismic Events
The U.S. Geological Survey (USGS) on Monday released a report on seismic activity to update the agency’s 50-year seismicity projections. This forecast is updated every...
North Texas Exploration & Production Safety Network Resurrected
Officials from the Occupational Safety and Health Administration (OSHA) along with representatives from the North Texas Exploration & Production Safety Network (NTEPS) participated in a...
The Methane Battleground
A new study has revealed that the recent increase in oil and natural gas production in the U.S. has not caused increased methane levels on...
Candidates and Court Address Fracking
Less than 48 hours after opening briefs were filed in federal court by four Western states, oil and gas trade groups, and one tribe challenging...
Courts Rule on Endangered Species Cases
Two highly-anticipated court decisions regarding endangered species were announced this week scoring big wins for not only the oil and natural gas industry, but also...
Cheniere Energy Partners Set to Export First LNG Shipment from Sabine Pass
Cheniere Energy Partners said that a tanker ship holding the first liquefied natural gas export shipment from the Sabine Pass LNG terminal is set for...