The Texas Legislature took major action this legislative session with historic funding for the Railroad Commission of Texas (RRC), appropriating more than $593 million for the agency over the next two fiscal years. This appropriation includes $100 million for oil and gas well plugging to be used by the RRC’s State Managed Plugging Program (SMP) […]
Energy M&A Activity Attains New Heights
With energy demand increasing substantially in recent years, energy and utilities companies are preparing for immediate growth opportunities, and they are using mergers and acquisitions (M&A) as a tool to increase operational efficiencies, integrate new technologies, and create greater stability within the sector. Energy sector M&A is gaining significant momentum, with transaction volumes exceeding $57B in […]
Oxy’s Hollub Named Recipient of Award
WPC Energy announced June 30 that Vicki Hollub, President and CEO of Occidental (since 2016), has been selected as the recipient of the Dewhurst Award, the highest honor bestowed by WPC Energy, in recognition of Hollub’s leadership and contributions to the energy industry. The award will be formally presented during the 25th WPC Energy Congress, […]
Energy Group Lauds U.S. Senate Proposal
The Energy Workforce and Technology Council (EWTC) released on June 12 the following statement applauding the United States Senate Energy and Natural Resources Committee’s Reconciliation proposal: “This is a strong step toward restoring common sense in American energy policy,” said Energy Workforce President Tim Tarpley. “The Senate Energy and Natural Resources Committee’s proposal prioritizes American energy security […]
Manufacturer Rolls Out New Line of Specialty Gas Dryers
Natural gas keeps stealing the headlines in O&G in 2025, and as the prospects for gas soar, so does the infrastructure commitments and hardware manufacturing. The latest rollout comes from PSB Industries, a specialist in the design and fabrication of systems for dehydrating and purifying gases and liquids. PSB announced its new offerings of Specialty […]
Geothermal from Great Basin: Great Potential
Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equal to one-tenth of the current U.S. power supply, according to assessments by the U.S. Geological Survey, as documented in a paper released May 22. The projected 10 percent would be a major increase, as geothermal energy currently generates less than 1 […]
Permian Basin Gets Nitrogen Rejection Unit
BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system. The new cryo facility will commence operations in Q1 of 2027. This contract marks a significant collaboration between BCCK and ZAP Engineering, the project’s engineering, procurement and […]
Most O&G Companies Suffer Data Breaches
A recent Cybernews analysis found that more than 94 percent of the world’s top 400 oil and gas companies have suffered at least one data breach to date. Cybernews also discovered that, over a recent 30-day period, more than 50 percent of the analyzed oil and gas firms were breached. Moreover, according to the Cybernews Business Digital Index, […]
New Cryogenic Fleet Hits Houston
A Scotland-based developer of O&G assets and infrastructure has rolled out its first-ever fleet of cryogenic ISO tanks in North America, now located at its Houston facility. This step marks OEG‘s expansion of its cryogenic tank division into the region, a move intended to help meet demand for safe, efficient transport of liquefied gases across […]
Drivers Reject Steelworkers Union
Crude oil drivers for Sunoco Logistics Partners (also known as Energy Transfer) have successfully forced United Steelworkers (USW) union bosses out of their work unit, according to a statement issued on May 20 by the The National Right to Work Legal Defense Foundation. The victory for workers comes after Jay Fifer, a driver for the […]
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