Industry

Following the decisive and historic victory of Andres Manuel Lopez Obrador in the July 1 presidential election, Mexico’s natural gas sector is in wait-and-see mode as the dust settles from the campaign and the new administration prepares to take office.

Houston-based National Oilwell Varco Inc. (NOV) is warning that first quarter revenue will be below expectations at $1.8 billion because of issues related to “reduced progress” on new offshore rig construction and customer-delayed deliveries of drilling, well servicing and stimulation equipment.

While year/year methane emissions and volatile organic compounds (VOC) from unconventional natural gas well sites and midstream facilities in Pennsylvania increased in 2015, several other pollutants dropped considerably, according to the state Department of Environmental Protection’s (DEP) latest air emissions inventory.

The energy industry continues to step up efforts to help Texas and Louisiana residents impacted by Harvey, with millions of dollars in relief effort pouring into charities.

The energy industry continues to step up efforts to help Texas and Louisiana residents impacted by Harvey, with millions of dollars in relief effort pouring into charities.

The worst may not be over for the Gulf Coast oil and gas industry in what one forecaster expects to be themost costly natural disasterin U.S. history. And Hurricane Irma, a Category 2 storm as of Thursday midday, now is lurking on the same early path across the Atlantic that Harvey took.

A coalition of oil and natural gas industry groups, led by the American Petroleum Institute (API), urged the Interior Department to expand the next five-year offshore leasing program by at least evaluating and considering all areas of the nation’s Outer Continental Shelf (OCS).

Several trade associations representing the oil and natural gas industry applauded President Trump for signing an executive order (EO) directing the federal government to expedite its review and permitting of major infrastructure projects.

A federal appeals court Thursday rejected a request by the oil and gas industry and allies to reconsider a court panel’s decision last month to lift a stay of Obama-era rules governing new sources of methane emissions.