When the leader of an important central bank considers it prudent not to develop hydrocarbon resources, the oil and gas industry should pay attention.= Source: News
PHMSA proposes new hazardous liquids pipeline safety regulations
Under newly proposed hazardous liquid pipeline safety regulations, the US Pipeline and Hazardous Materials Safety Administration would require pipelines to have leak-detection systems and timelines for inspecting affected segments following an extreme weather event or natural disaster, the US Department of Transportation agency said. Source: News
Witnesses cite pipeline safety progress, unfinished work
Significant progress has been made in making US oil and gas pipelines safer and reducing the number of accidental releases, government and industry witnesses agreed at a US Senate Commerce, Science, and Transportation subcommittee hearing. But they also emphasized that more work needs to be done. Source: News
Three blocks awarded in Mexico's Round One second tender
Mexico’s National Hydrocarbons Commission (CNH) awarded three of five shallow-water blocks in its Round One second tender, a more successful auction than the first in July that received just 2 bids on 14 blocks (OGJ Online, July 16, 2015). Source: News
Watching Government: Why habitat partnerships matter
Habitat preservation partnerships (HPP) have become increasingly important. Environmental impacts don’t respect boundaries. Groups working to preserve potentially threatened or endangered species’ homes have grown beyond environmental organizations and the US Fish and Wildlife Service (FWS). Source: News
Recruitment problem
WANTED: Talented engineer or geoscientist willing to work at the pleasure of a volatile commodities market in an industry whose legitimacy is questioned by world leaders including the US president and Roman Catholic pope. Source: News
Bamboo trees in the stream
Despite surviving a nearly 8-year-long career as a crude-oil price reporter for the petroleum industry before finding a home at Oil & Gas Journal, this editor rarely gave much thought to the language used to describe and distinguish-perhaps to our collective detriment-the various sectors of the oil and gas industry. Source: News
US House approves bill to repeal crude-oil export ban
The US House approved, by a 261-159 vote, a bill to repeal a 40-year ban on exporting domestically produced crude oil. Balloting ran largely along party lines as 235 Republicans supported HR 702 and 153 Democrats opposed it. The vote came days after the White House announced that the measure would be vetoed if it […]
Crude-export veto threat fits agenda pointing to crisis
Congress should let the US government go idle for lack of funding if that’s what’s necessary to stop the Obama administration from creating an energy crisis. Source: News
BHI: US rig count down for 7th-straight week, falls below 800
The US drilling rig count dropped 14 units during the week ended Oct. 9 to 795, remaining at its lowest level since May 3, 2002, according to data from Baker Hughes Inc. Source: News