Daily Archives: May 20, 2016

Senators, witnesses list proposed 2017-22 OCS leasing program’s flaws

Rate this article Republican committee members and several witnesses leveled some of the strongest criticism yet of the US Department of the Interior’s proposed 2017-22 Outer Continental Shelf oil and gas program at a May 19 US Senate Energy and Natural Resources Committee hearing. Read Full Article Here For more great articles: Oil & Gas…

Senate holds hearing on OCS leasing program

Rate this article National Ocean Industries Association President Randall Luthi has released a statement thanking Sen. Lisa Murkowski (R-Alaska), Chairman, US Senate Energy and Natural Resources committee “for her leadership in holding” a hearing on the 2017-2022 OCS Oil and Gas Leasing Program. Read Full Article Here For more great articles: Offshore RSS Feed

NEB recommends approving Kinder Morgan’s Trans Mountain crude expansion

Rate this article Canada’s National Energy Board (NEB) has recommended approval of Kinder Morgan Inc.’s Trans Mountain Expansion (TMX) project. The project will add 980-km of pipeline, largely in the existing line’s corridor, boosting crude throughput from Edmonton, Alta., to Burnaby, BC, to 890,000 b/d from 300,000 b/d. Likely export destinations include Asia, California, and…

Oil prices remain steady

Rate this article Oil prices settled largely unchanged on Thursday as worries about Canadian and Nigerian supply outages offset the impact of a stronger dollar, according to a Reuters report. Read Full Article Here For more great articles: Offshore RSS Feed

Dove to succeed Sheffield at Pioneer Natural Resources

Rate this article Timothy L. Dove, president and chief operating officer of Pioneer Natural Resources Co., Dallas, has been named president and chief executive officer of the company to succeed Scott D. Sheffield, who will retire at yearend. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Parente appointed chief executive officer of Petrobras

Rate this article Pedro Pullen Parente has been tabbed by Brazil’s acting President Michel Temer to take the role of chief executive officer of state-owned Petroleo Brasileiro SA (Petrobras). Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Commodity price plunge puts unexpected pressure on local governments

Rate this article Some rural US communities that grew dramatically as nearby unconventional oil and gas resources were developed are facing unexpected problems since commodity prices plunged and producers scaled operations back, two Duke University researchers told a Washington audience. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

House panel approves EPA ozone standards implementation bill

Rate this article The US House Energy and Commerce Committee approved, by a 30-23 vote along party lines, legislation to help states implement federal ground-level ozone limits. HR 4775, which Rep. Pete Olson (R-Tex.) and five cosponsors introduced on Mar. 17, now heads to the full House floor for final consideration. Read Full Article Here…