Manage

Former FBI Director Louis Freeh was appointed Tuesday as a special master to investigate apparent misconduct by one of the lawyers who helped manage BP plc’s $7.8 billion settlement fund with Gulf Coast plaintiffs over the deepwater Macondo well blowout in April 2010.

One day after a report by Harvard Law School researchers leveled withering criticism against FracFocus, the two organizations that jointly manage the oil and natural gas disclosure registry fired back for what they claim were misrepresentations of the site.

For the fourth year in a row, investor groups are calling on leading U.S. natural gas producers to disclose information about how they manage and measure the risks associated with unconventional drilling operations. Some explorers also were urged to disclose fugitive emissions from gas transmission.

Investors expecting dour third quarter earnings from Dow Chemical Co. one day after the company reported plans to cut approximately 2,400 jobs were given a bit of a surprise Wednesday as the chemical giant reported better-than expected earnings, thanks in part to abundant and low-priced natural gas.

Telvent, a Canadian firm whose software systems and services are used to remotely manage more than half of the oil and gas pipelines in North America and Latin America, last Wednesday confirmed a security breach involving the project files of some of its customers.

Telvent, a Canadian firm whose software systems and services are used to remotely manage more than half of the oil and gas pipelines in North America and Latin America, Wednesday confirmed a security breach involving the project files of some of its customers.

Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee, has attacked the Obama administration’s proposed plan to manage oil and natural gas development in the National Petroleum Reserve in Alaska (NPR-A), saying that its proposal would unilaterally ban exploration in half of the 23 million-acre reserve.

Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee, attacked the Obama administration’s proposed plan to manage oil and natural gas development in the National Petroleum Reserve in Alaska (NPR-A), saying that its proposal would unilaterally ban exploration in half of the 23 million-acre reserve.

Development of oil and natural gas in the Eagle Ford Shale contributed $25 billion in total economic output to the South Texas region last year, according to a study released Wednesday by the Center for Community and Business Research at The University of Texas at San Antonio Institute for Economic Development.