Oil and gas News

Houston - Recently the oil and gas industry captured headlines in all news publications. Whether it was a new report stating the sector faces a “rollercoaster ride” or Iran building a huge oil refinery in Pakistan, Texas tea is always in the spotlight.

According to a newly released International Energy Agency (IEA) report, the U.S. will overtake Saudi Arabia and Russia as the top oil producer by 2020, become a net exporter by around 2030 and almost entirely self-sufficient in energy by 2035.

Toronto - While most Canadian workers are expected to see pay increases of about 2.3 percent, employees working in the oil and gas, mining and chemicals sectors are believed to see their wages soar by as much as 3.9 percent, a new survey says.

Calgary - This is a review of the Global Clean Energy Congress and Exhibition that took place in November in Calgary AB Canada. This was a groundbreaking conference. Find out why by reading further and downloading the full Congress Report.

Edinburgh - As the oil and gas industry plows into the Arctic's frigid and inhospitable waters, a member's oil spill response plan has found the light of day, despite best efforts to keep it secret, and gives credence to concerns over the next great catastrophe.

Irving - ExxonMobile and state-controlled Russian oil behemoth OAO Rosneft have reached a $3.2 billion deal to develop Arctic and Black Sea hydrocarbon resources, as well as in other countries across the globe, and will share their expertise in technology.

Austin - As his thought process continues evolving from “think about it” to giving it “serious thought,” Texas Governor Rick Perry now feels “called” to run for president of the US, and some in the mainstream media are lining up for a coat tail ride.

Ithaca - Environmental officials in New York have created plans for regulations allowing hydraulic fracturing in much of the state, with the exception of key watersheds, aquifers, and state land, exceptions an oil and gas attorney calls “legally questionable.”

Washington - In prepared remarks before the US Senate on Monday, Senator Bernie Sanders (I-VT), told President Barack Obama the time has come when he must “stand with the American people” and deny the Republican party its extreme demands.

Laredo - A controversial method known as hydraulic fracturing, or fracking, has settled over South Texas and is set to transform its oil fields, the brush country and its water sources into a chemical wasteland, even as media reports "unfortunately" strike out.