Exxon is being investigated by the Securities and Exchange Commission (SEC) regarding whether the company properly values its assets, the Wall Street Journal reports. This is not the first time the company’s accounting practices have come into question. The New York Attorney General’s office initiated an investigation into Exxon last […]

Global Technology Forum are pleased to confirm the Projects Director, Pemex Industrial Transformation, will be giving the keynote presentation at the LARTC 5th Annual meeting on 5-6th October, Mexico City. Make the connections that will advance your business in Mexico As the only event dedicated to developing Latin America’s downstream […]

10% More E&P Companies Represented Than In 2015 Even More Reason To Attend This Year The Well Site Facilities Onshore 2016 Summit (September 28-29, Houston, TX) continues to build momentum with more E&P facilities professionals registering to attend the only industry event dedicated to facilities engineering. With over 200 attendees expected, and with […]

By Tim McNally The EIA on Tuesday released its adjusted estimates of global demand and supply for oil, and the adjustments were not for the better. The EIA released its findings in the September version of its “Oil Market Report.” The EIA expects that oil will see a continuing slowdown […]

By Tim McNally Energy Ministers from Russia and Saudi Arabia agreed in September to work together in a commitment to stabilize the oil market. The talks occurred in tandem with the G-20 Summit hosted in China. The Associated Press reported that Minister Alexander Novak and Minister Khalid  al-Falih agreed in […]

By Tim McNally American Red Cross and various other relief groups operating in Louisiana to assist with flood-ravaged communities have received aid from an unlikely source. Exxon Mobil Corp., Shell Oil Co., and Motiva Enterprises LLC. have all pledged a total of $1 million of support for the regions. Exxon […]

Well Site Facilities Onshore 2016 The Westin Galleria Houston 5060 W Alabama St Houston, TX September 28-29 http://facilities-design-onshore.com Oklahoma Oil & Gas Expo Oklahoma State Fair Park 3001 General Pershing Blvd Oklahoma City, OK October 6 http://okoilexpo.com West Texas Oil and Gas Convention Horseshoe Arena 2514 Arena Trail Midland, TX […]

By Josh Robbins We hear the same problems at every meeting: “We see all of the same properties that appear on these bid sites, but those properties aren’t what we are looking for. And, on the off chance they are, we have to fight with 25 other companies to get […]

By Tim McNally A judge in the District Court of Wyoming recently rejected the Obama administration’s proposal for regulating hydraulic fracturing (fracking) on federal lands. The proposed rule is viewed as an overextension of the administration’s ability to enforce laws. Judge Scott Skavdahl, who was nominated in 2011 by Obama, […]

By Tim McNally Many oil-related companies have been in the process of selling off certain assets to stay solvent in the current economic environment. One such company, Continental Resources, based in Oklahoma City, recently agreed to sell $222 million worth of land in Montana and North Dakota, assets which the […]