Disclosure

Despite struggling with low commodity prices in 2016, many oil and gas companies made significant improvements in risk reporting and transparency, according to a report released last week.

Virginia Gov. Terry McAuliffe recently approved changes to the state’s Gas and Oil Regulation that govern the use of hydraulic fracturing (fracking) in the Old Dominion state.

Among a sample of 30 top U.S. exploration and production (E&P) companies, risk management disclosure practices have improved since 2014, but more work needs to be done to communicate how drillers are reducing their environmental impacts, according to an annual green-leaning investor report on hydraulic fracturing (fracking) transparency.

A “cyber incident” at Department of Energy (DOE) headquarters in Washington, DC, in mid-January targeted the agency’s network “and resulted in the unauthorized disclosure of employee and contractor” information.

States increasingly will push for more disclosure of the hydraulic fracturing process.

Independent oil and natural gas producers Monday called on the Obama administration to meet with them face-to-face to discuss their concerns with the federal government’s proposed rule on hydraulic fracturing (fracking).

Citing the the recent disclosure of a “crucify them” enforcement approach by a former Environmental Protection Agency (EPA) official and several missteps involving agency investigations into allegations of water contamination from hydraulic fracturing, Congress last Wednesday was called upon to exercise greater oversight over the agency’s regional officials and their activities.

Citing the the recent disclosure of a “crucify them” enforcement approach by a former Environmental Protection Agency (EPA) official and several missteps involving the regulation of hydraulic fracturing, Congress Wednesday was called upon to exercise greater oversight over the agency’s regional officials and their activities.

Citing the the recent disclosure of a “crucify them” enforcement mentality of a former Environmental Protection Agency (EPA) official and several agency missteps involving the use of hydraulic fracturing to develop unconventional gas, Congress Wednesday was called upon to exercise greater oversight over EPA’s regional officials and their activities.