Pennsylvania’s leading oil and gas trade groups on Wednesday renewed their commitment to fighting Democratic Gov. Tom Wolf’s latest proposal to enact a severance tax on production, saying operators can’t absorb more costs during the downturn and repeating that there can’t be a compromise.
Industry
Articles from Industry
Patterson-UTI’s Onshore Rig Count Still Falling, Stacked Pressure Pumping HP Growing
Relief that had been expected for the oil and gas sector isn’t going to happen, and the situation may deteriorate even more, Patterson-UTI Inc. management said Thursday.
February 4, 2016
Effect of Texas Energy Patch Woes Spreading
As if the plummeting rig count weren’t enough to signal more troubled times ahead in the Texas energy patch, state production tax revenues are way down, unemployment is creeping up and lawyers are preparing for more bankruptcy/merger and acquisition (M&A) work ahead. The “worse before better” expectation has clearly settled in.
February 2, 2016
NatGas Moves to Front of Oil Lobby’s Climate Strategy
Following a number of headline-grabbing attacks on oil companies’ climate change policies in 2015, American Petroleum Institute (API) President Jack Gerard’s remarks to kick off 2016 suggest the lobbying group’s rhetoric is evolving to recast the role of fossil fuels — and natural gas in particular — in the climate debate.
January 8, 2016
Oil Lobby Rhetoric Evolves to Focus on Climate, NatGas
Following on a number of headline-grabbing attacks on oil companies’ climate change policies in 2015, American Petroleum Institute (API) President Jack Gerard’s remarks to kick off 2016 suggest the lobbying group’s rhetoric is evolving to recast the role of fossil fuels — and natural gas in particular — in the climate debate.
January 7, 2016
U.S. NatGas Industry’s ‘Exuberance’ Waned in 2015, Survey Says
Safety, aging infrastructure and environmental regulation ranked as the top three issues facing the natural gas industry in 2015, according to a group of industry stakeholders surveyed by Black & Veatch Insights Group.
December 30, 2015
Global Oil, Gas Industry Job Losses Top 233,000 and Climbing, Says Energy Recruiting Firm
Oil and gas industry losses worldwide now exceed 233,000 and are expected to continue into 2016, according to energy sector job recruiter Swift Worldwide Resources.
November 19, 2015
Many U.S. E&Ps Taking Extended Break at Thanksgiving, Says Fairmount CEO
Many U.S. exploration and production (E&P) companies may take a longer holiday break than usual this year, halting work crews beginning the week of Thanksgiving through New Year’s Day, leading to more distress in the oilfield services industry, Fairmount Santrol Inc.’s CEO said Thursday.
November 13, 2015
Coastal Louisiana Parish Drops Energy Company Lawsuits
The parish council in Plaquemines, LA, has withdrawn lawsuits filed against numerous oil and gas companies over alleged damages to coastal wetlands.
November 13, 2015
Potential U.S. Crude Exports Making Waves in Alberta
A review of Alberta government royalties says Canada’s chief natural gas and oil-producing jurisdiction must accept and cope with painful reality that the shale revolution turned its prime export customer into a rival supplier.
October 9, 2015
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