It's no surprise that the federal government plans to create some tough new safety rules for offshore drilling operations in the aftermath of the April 20 Deepwater Horizon explosion.
Several E&P companies, including Canada's Encana Corp. are moving forward with plans to develop yet another unconventional resource play — the Collingwood shale in Michigan.
Rig explosion and subsequent oil spill is a public relations nightmare for the offshore petroleum industry and clearly will bring about more stringent government regulations and higher operating costs.
Whatever happens in Congress with climate change legislation that may (or may not) include a cap-and-trade system for carbon emission credits created by greenhouse gas (GHG) regulation, federal agencies are gearing up for implementation of GHG reduction efforts.
During a recent visit to Houston, GE Energy Financial Services managing director James Burgoyne met with OGFJ to talk about the company's $23B in assests and how where in plans to invest across the energy spectrum in the coming years.
Royal Dutch Shell PLC plans to buy East Resources Inc., a major owner of shale gas holdings in the northeast US, for $4.7 billion from Kohlberg Kravis & Co., Jefferies & Co., and East Resources itself.
When Malaysia´s Prime Minister Najib Tun Razak unveiled its highly anticipated New Economic Model (NEM) in March 2010, he re-emphasized the importance of the oil & gas industry for Malaysia.
Women's Energy Network (WEN), an international organization of professional women who work across the energy industry, was established in 1994 with six women.