Concern

BP’s New Focus: Value Over Volumes

With fallout from last April’s Macondo well blowout a lingering financial and legal concern, BP plc on Tuesday cautiously reinstated a shareholder dividend and announced new substantial changes to its worldwide portfolio.

February 2, 2011

Service Operators See Onshore Gains, Iffy GOM

Halliburton Co., Baker Hughes Inc. and Weatherford International Ltd. all reported solid quarterly and year-end earnings last week, but there is concern about how quickly Gulf of Mexico (GOM) business will return to normal, management teams said.

January 31, 2011

Price-Killing Trio: Weather, Futures, Storage

Cash traders appeared to have no concern about Tropical Storm Richard possibly surviving an overland passage and emerging into the southern Gulf of Mexico this week. What mattered more to them was a persistent lack of substantive weather-based demand (either heating or cooling); storage inventories poised to hit another all-time high level; and the previous day’s screen plunge. The physical market recorded large double-digit declines across the board Friday.

October 25, 2010

BLM Urged to Maintain ‘Categorical Exclusions’ to Expedite Permitting

A group of industrial natural gas consumers fired off a letter to Interior Secretary Ken Salazar last Wednesday expressing their concern that the agency may restrict or possibly prevent the use of “categorical exclusions” to fast-track oil and gas activity on public lands.

January 4, 2010

BLM Urged to Maintain ‘Categorical Exclusions’ to Expedite Permitting

A group of industrial natural gas consumers fired off a letter to Interior Secretary Ken Salazar Wednesday expressing their concern that the agency may restrict or possibly prevent the use of “categorical exclusions” to fast-track oil and gas activity on public lands.

January 4, 2010

GAO Calls for DOE to be ‘More Rigorous’ in Oil, Gas R&D

The Government Accountability Office (GAO) has expressed concern that the Department of Energy (DOE) may be conducting research and development (R&D) in oil and natural gas that the industry itself should be funding, without government help.

January 12, 2009

GAO Calls for DOE to be ‘More Rigorous’ in Oil, Gas R&D

The Government Accountability Office (GAO) has expressed concern that the Department of Energy (DOE) may be conducting research and development (R&D) in oil and natural gas that the industry itself should be funding, without government help.

January 12, 2009

Senate Panel OKs Bill Barring Future Leasing in Wyoming Range

Despite the concern on Capital Hill over energy prices, the Senate Energy and Natural Resources Committee last Wednesday voted out a measure (S. 2229) that places more than 1.2 million acres of the Wyoming Range out of bounds to future oil and natural gas leasing.

May 12, 2008

Senate Panel OKs Bill Barring Future Leasing in Wyoming Range

Despite concern on Capital Hill over energy prices, the Senate Energy and Natural Resources Committee Wednesday voted out a measure (S. 2229) that places more than 1.2 million acres of the Wyoming Range out of bounds to future oil and natural gas leasing.

May 9, 2008

Producers, Intrastate Pipes Support Hub Approach for Posting Volumes

Expressing concern over FERC’s proposed rule requiring interstate and intrastate pipes to post actual flow volumes, producer and intrastate pipeline groups last week called on the agency to limit the scope of the proposal’s posting requirement for intrastate pipelines to only those intrastates that serve major hubs or market centers.

April 21, 2008