Downstream mergers, capacity hikes persist
Since 1995, a totally unanticipated restructuring of the US refining industry has reconstituted the corporate identities of the largest refiners.
House energy reform will be open, Rahall pledges
US House Natural Resources Committee (NRC) Chairman Nick J. Rahall (D-W.Va.) said on May 23 he is committed to an open and deliberate process in considering federal energy reforms contained in a bill that he introduced a week earlier.
Senate Democrats promise bill with ‘gouging’ measure
US Senate Democrats said they will soon bring an energy bill to the floor that will make oil product price manipulation a federal crime, mandate more efficient government offices and motor fleets, increase biofuel supplies, and accelerate market entry of other alternative fuels.
WATCHING GOVERNMENT: Meanwhile, on the OCS...
The e-mail message arrived the morning of May 23. Blaming “unforeseen logistical reasons,” it said US Reps. John E. Peterson (R-Pa.) and Neil Abercrombie (D-Ha.) would not hold a scheduled press conference on reintroduction of their National Environment and Energy Development (NEED) Act the next day.
US House cites similar problems with BP line, refinery
Cost-cutting efforts created a culture at BP America Inc. that led to compromises of systems integrity at its Alaska North Slope oil-gathering pipelines and of workplace safety at its Texas City, Tex., refinery, witnesses and federal lawmakers agreed on May 16.
WATCHING THE WORLD: Russia goes after TNK-BP
Have we spoken enough of the Russian government and its depressing effects on the international oil and gas industry?
Government, industry prepare for 2007 hurricane season
New procedures are being implemented to better protect Gulf of Mexico oil and gas operations during the coming hurricane season, federal government and industry officials said.