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Tag Archives: oil and gas industry

Trump election shows promise for oil and gas industry

harold hamm endorses donald trump

The U.S. oil and gas industry shows tentative hope that a new Trump administration will “re-ignite growth in the sector,” according to a Forbes article Friday. Frank Murphy, managing director of RW Baird, said: The 45th president will likely remove regulatory impediments imposed by the Obama administration that have stymied oil and gas drilling and infrastructure buildout. Forbes reported Murphy ...

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Veterans Day 2016 – a short look back

soldier, kids, veterans day

There’s no school. The post office shuts down. Even the federal reserve takes a holiday on November 11th. Why? It’s a “holiday” to honor all service men and women: Veterans Day.   Many forget why the holiday exists. There are few WWI veterans who are still with us. The war that introduced trench warfare and was considered one of the ...

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Scalise to take peers on tour of Gulf’s offshore drilling

Scalise to take peers on tour of Gulf's offshore drilling

NEW ORLEANS (AP) — House Majority Whip Steve Scalise is taking a batch of congressmen on a tour of the Gulf of Mexico’s oil and gas offshore drilling industry. Scalise, a Republican from Louisiana, has led energy tours for his peers since he became a House member in 2008. On Friday, he’s showing off the industry to six other congressmen ...

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Flood board appeals dismissal of suit against oil companies

NEW ORLEANS (AP) — A south Louisiana flood board’s lawyers head to a federal appeals court in hopes of reviving a lawsuit against dozens of oil and gas companies. The Southeast Louisiana Flood Protection Authority-East filed the suit in 2013. It claims coastal oil and gas activity contributed to damage and loss of wetlands that form a hurricane buffer for ...

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A safety culture dedicated to getting workers home every night

Oil and gas workers know they work in one of the deadliest industries in the world. “The oil and gas field is risky. There’s a lot of hazards associated with that industry. You’ve got moving equipment, you’ve got gases, you’ve got different chemicals,” says Randon Williamson, the Environmental Health Safety Director at Windcreek offers turnkey solutions for the energy, municipal ...

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Minimizing the risk of bankruptcy with efficient oilfield water management

Sourcewater, water droplet

For many years the industry has discussed the importance of the Energy-Water Nexus. This term highlights the interconnection and critical nature of water in energy production and conversely the requirement of energy for water production. Professionals in the upstream energy sector live and work within this Nexus on a daily basis. Water is both the largest input and output within ...

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Sourcewater Founder Joshua Adler to Speak at Produced Water Society, Houston

Sourcewater

Sourcewater, the water exchange for the energy ecosystem, announced that its founding chief executive Joshua Adler will be a featured speaker at the Produced Water Society Annual Seminar at the Omni Westside Hotel in Houston, Texas, January 26-28, 2016. This year’s meeting will focus on reducing the cost of oil and gas operations through best practices, new technology and strategic ...

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Solar energy industry now employs more than O&G extraction

Workers in the solar energy industry now outnumber those in working in the oil and gas extraction sector. (Image: Walmart via Flickr)

The solar energy industry now employs more workers than the oil and gas extraction sector, reports CNN Money. Over the past five years, the number of domestic jobs in the solar industry has more than doubled. According to the Solar Foundation, a nonprofit group not funded by the industry, there were 35,000 jobs added to the sector last year, up ...

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Russia warns cuts needed to avoid repeat of ’98 crash

Russia warns cuts needed to avoid repeat of '98 crash

MOSCOW — Russia’s leaders are warning the government will need to make more cutbacks if the nation is to avoid a repeat of the 1998 financial crash, the country’s biggest post-Soviet economic trauma. The economy, which is heavily reliant on its massive oil and gas industry, is getting hammered by the plunge in global energy prices. State revenues are running ...

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2015 was a roller coaster ride for energy

It has been a rough-and-tumble ride for the oil and gas industry in 2015 as prices have continued to search for their “bottom” all year. Even as the New Year looms, prices are sitting around $37 a barrel, their lowest spot since the Great Recession of 2009, according to the DailyFX Market News and Analysis website. Oversupply has wracked oil ...

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