Emerged

Oil/Gas Tax Proposal Sought in California

A student-led effort in California has emerged to place a measure on next year’s statewide ballot to enact a tax on oil and natural gas extracted from the state. Backers now have about five months to collect at least 505,000 signatures to qualify for next year’s ballot.

April 29, 2013

ExxonMobil Plans Record E&P Spending

ExxonMobil Corp. on Wednesday announced plans to invest close to $190 billion over the next five years to more than double exploration acreage in proven and emerging oil-rich areas to boost underperforming output and earnings.

March 8, 2013
New North Dakota Flaring Law Emerges

New North Dakota Flaring Law Emerges

Another proposal has emerged in the North Dakota state legislature seeking to eliminate exemptions from the state’s current one-year limit for oil production wells flaring associated natural gas.

February 12, 2013

Keystone XL Pipeline Rerouting in Nebraska Still Finds Detractors

As a study emerged Monday in Canada raising public health concerns about oilsands, groups long opposed to TransCanada Corp.’s Keystone XL oil pipeline blasted a report released Friday evaluating a rerouting of the oilsands-linked pipeline in Nebraska by the state’s Department of Environmental Quality (DEQ).

January 9, 2013

Enviro, Land Groups Blast Nebraska Keystone Pipe Report

As a study emerged Monday in Canada raising public health concerns about oilsands, groups long opposed to TransCanada Corp.’s Keystone XL oil pipeline blasted a report released Friday evaluating a rerouting of the oilsands-linked pipeline in Nebraska by the state’s Department of Environmental Quality (DEQ).

January 9, 2013

Industry Briefs

SemGroup Corp. has rejected a $1.24 billion takeover bid by Plains All American Pipeline LP, but Plains said it intends to continue to pursue the midstream operator. SemGroup, which emerged from bankruptcy in late 2009, purchases, sells, processes, transports and stores crude oil, natural gas, natural gas liquids, asphalt and refined products. It recently had announced plans to increase the capacity of its gas processing facilities in northern Oklahoma, and the board said the increased processing capacity and other long-term strategies offered a compelling future for its shareholders.

October 31, 2011

Nabors CEO: Pressure Pumping Business Rebounds in June

The “pace” of new hydraulic fracturing (fracking) equipment deliveries to North America’s onshore resource plays is back on track after a frustrating three-month delay caused by a wet spring in the Marcellus Shale, harsh conditions in North Dakota and delayed equipment deliveries, the CEO of Nabors Industries Ltd. said Wednesday.

August 1, 2011

CNG Vehicle Use Bolstered Across Nation

From coast to coast, natural gas as a transportation fuel emerged in several parts of the nation this month, addressing both the production of fleet vehicles and the fueling infrastructure needed to sustain an uptick in fleets switching to natural gas. New milestones were reported in the West, Midwest and East.

June 20, 2011

Douglas Schantz’s Body Found in Mississippi River

New details have emerged in the early Friday morning disappearance of Sequent Energy Management President Douglas N. Schantz that have led the New Orleans Police Department (NOPD) to believe he accidentally fell into the Mississippi River and drowned. The body was found Tuesday morning in the river using side scan sonar by members of Texas EquuSearch, a mounted search and recovery team, near where Schantz was last seen on security camera footage.

March 10, 2010

Douglas Schantz’s Body Found in Mississippi River

New details have emerged in the early Friday morning disappearance of Sequent Energy Management President Douglas N. Schantz that have led the New Orleans Police Department (NOPD) to believe he accidentally fell into the Mississippi River and drowned. The body was found Tuesday morning in the river using side scan sonar by members of Texas EquuSearch, a mounted search and recovery team, near where Schantz was last seen on security camera footage.

March 10, 2010
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