Keep Alaska sales in 5-year OCS plan, Murkowski urges BOEM director

US Sen. Lisa Murkowski, (R-Alas.), strongly urged US Bureau of Ocean Energy Management Director Abigail Ross Hopper to preserve all three oil and gas lease sales proposed for Alaska when BOEM finalizes its 2017-22 US Outer Continental Shelf program. The senator’s request came during an Aug. 12 face-to-face meeting in downtown Anchorage, as Hopper neared […]


Petrobras reports 30% drop in net profits for second quarter

Petroleo Brasileiro SA (Petrobras) reported a second-quarter net profit of $118 million, down 30% from last year’s net profit in the same period, largely attributed to impairment charges related to its Comperj refinery project outside Rio de Janeiro. Source: News


Watching Government: Texas' oil-field relief plan

Texas oil and gas producers are contending with continued depressed prices like their counterparts in other states. Many liked what they heard when Texas Railroad Commissioner Christi Craddick announced details of her Texas Oilfield Relief Initiative during the commission’s Aug. 9 open conference. Source: News


EPA Science Advisory Board raises fresh questions about fracing study

The US Environmental Protection Agency’s Science Advisory Board (SAB) raised fresh questions on Aug. 11 as it completed its peer review of the agency’s June 2015 draft of the its study on potential impacts from hydraulic fracturing for oil and gas on drinking water supplies. Source: News