Jobs linked to offshore oil and gas in the UK have dropped sharply since 2014 along with commodity prices. New employment figures indicate about 330,000 jobs in the UK in 2016 will stem from oil and gas, down from more than 450,000 in 2014. Source: News

The US House of Representatives approved a resolution opposing President Barack Obama’s proposal to impose a $10.25/bbl tax on crude oil to support new transportation systems’ research and development. H. Con. Res 112 was approved on June 10 by a 234-177 vote, largely along party lines. Twenty-three Democrats joined Republicans in favor of it, while […]

The light, sweet crude oil contract for July delivery settled just above $49/bbl on June 10 after release of the weekly US drilling rig count, which showed an increase for a second consecutive week. Source: News

“Ontario is not, not, not going to phase out natural gas.” Source: News

Costs have risen and startup schedules have been extended for Sasol Ltd.’s integrated ethane cracker and downstream derivatives complex under construction in Westlake, La., near Lake Charles (OGJ Online, July 15, 2013). Source: News

Environmental activists who allege ExxonMobil Corp. tried to suppress climate research for decades came under pressure themselves from Republicans on the US House Science, Space, and Technology Committee. Source: News

The Center for Offshore Safety (COS) already has implemented several programs recommended in a report that the National Academies of Science, Engineering, and Medicine issued on May 25, and has made important new technology and practices available to member and nonmember companies, its director said. Source: News