Natural gas as a global energy source has been gaining wider currency in recent years as a result of sustained high oil prices, a need for energy diversification and security, the growing global awareness of environmental issues, and due to the development of new gas-related technologies.
Two regional accounting firms in the Southwest US have merged, which will result in expanded services to the oil and gas industry - specifically E&P companies and service and supply firms.
The boards of directors of two Norwegian companies, Norsk Hydro and Statoil, have agreed to recommend to their shareholders a merger of Hydro’s oil and gas activities with Statoil, creating the world’s largest offshore operator with a strengthened platform for future growth.