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November 19, 2012
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News for the oil and natural gas industry

  Top Story 
  • Fire on shallow water rig in Gulf of Mexico kills two
    An explosion and fire on a shallow water oil rig in the Gulf of Mexico killed two workers and injured 11 on Nov. 16. The fire occurred when a contractor on the rig, owned by Black Elk Energy, mistakenly used a torch instead of a saw to cut a pipe containing oil. The rig was not producing oil at the time of the accident. "The workers impacted by this accident continue to be our primary focus," said John Hoffman, president and CEO of Black Elk Energy. ABC News (11/18) LinkedInFacebookTwitterEmail this Story
Making the Most of Parcel Boundary Data
For a growing list of industries, the importance and widening use of parcel boundary and property data continues to grow. Thankfully, alternatives to traditional parcel acquisition efforts are now available through cost-effective and ready to use solutions. Read our guide to smart decision-making using parcel boundary data
  Industry News 
  • Lawmakers make case for approval of Keystone XL project
    Eighteen senators have requested a meeting with President Barack Obama to discuss the future of TransCanada's Keystone XL pipeline. In a letter to Obama, the senators said politics should be cast aside and that the project should be approved. "The election is over, people want us to work together to create jobs, and one sure way we can create jobs right now is by moving forward with construction on the Keystone XL pipeline," said Sen. Max Baucus, D-Mont. The Hill/E2 Wire blog (11/16) LinkedInFacebookTwitterEmail this Story
  • Exxon exec touts role of shale oil, gas in U.S. economy
    The U.S. economy stands to benefit from the abundance of shale natural gas, which will pave the way for new economic opportunities, said William Colton, vice president of corporate strategic planning at ExxonMobil. Unconventional oil and natural gas are "an inspiring story and quite a gift to the ... U.S. economy," Colton said, adding it could expand further as exploration proceeds. He also said liquefied natural gas exports are "clearly good" for U.S. economic growth. SNL Financial (free content) (11/15) LinkedInFacebookTwitterEmail this Story
  • Voser backs U.K. push for natural gas
    Royal Dutch Shell CEO Peter Voser supports the U.K. government's push for natural gas development, calling gas the fuel of the future. Voser said Shell plans to invest $20 billion in developing natural gas resources in the next couple of years. The government is expected to announce its energy plan this week that will include the development of 20 natural gas-fired power stations. "From a total energy point of view, we see this as the right step forward," Voser said. The Telegraph (London) (tiered subscription model) (11/17) LinkedInFacebookTwitterEmail this Story
  • Experts are named to assess N.Y. fracking report
    Experts from the Colorado School of Public Health, George Washington University and the University of California Los Angeles were picked by the New York state Department of Health to assess a study on the effects of hydraulic fracturing on the environment. The Department of Environmental Conservation has until Nov. 29 to finalize new fracking rules, and the agency needs the health study to complete its proposals, said DEC Commissioner Joe Martens. CNBC/The Associated Press (11/16) LinkedInFacebookTwitterEmail this Story
  • Other News
  Exploration & Production 
  • BP, Shell secure drilling rights offshore in Canada
    BP and Royal Dutch Shell have secured exploration rights off the coast of Nova Scotia in Canada, regulators said. BP and Shell bid $1 billion and $32 million for the licenses. "This award gives us access to a significant piece of geology, one of the most promising new deepwater areas to be licensed in recent years," said Mike Daly, executive vice president of exploration at BP. The Globe and Mail (Toronto)/The Canadian Press (tiered subscription model) (11/16) LinkedInFacebookTwitterEmail this Story
  Sponsored Poll 
  • What was the biggest policy story of 2012?
Energy policy in the presidential campaigns
The Keystone XL application denial
The EPA's new emissions-reduction rules for refineries
The battle over the industry's tax deductions

  Refining & Marketing 
  Policy Watch 
  • Sen. Wyden seeks more details about LNG export projects
    The Department of Energy needs to better explain liquefied natural gas export proposals, said Sen. Ron Wyden, D-Ore., the incoming chairman of the Senate Energy and Natural Resources Committee. Wyden is concerned about LNG export bids as they could increase prices for natural gas at a period when manufacturers are benefiting from low costs and abundant supplies. "If we make the right decisions with respect to natural gas, I think it is going to be absolutely key to growing jobs in the manufacturing sector," he said. The Hill/E2 Wire blog (11/18) LinkedInFacebookTwitterEmail this Story
  • EPA denies waiver request for corn ethanol in gasoline
    The Environmental Protection Agency rejected petitions to waive a requirement for corn ethanol in gasoline after corn prices increased. Under the requirement, refineries need to blend 13 billion gallons of corn-based ethanol into the country's gasoline supply this year. The agency "applied an improper and unnecessary high bar" when determining the standard's merits, the American Petroleum Institute said. The Wall Street Journal (11/16) LinkedInFacebookTwitterEmail this Story
  • Marcellus helping Pa. transform into "energy superpower"
    Pennsylvania is on its way to becoming an "American energy superpower" with its Marcellus Shale natural gas reserves, said Michael Krancer, secretary of the state Department of Environmental Protection. The state, however needs to amend its policies to help sustain the drilling industry's competitiveness, Krancer said. "We need regulatory certainty, we need regulatory reform, and we need a fair and predictable time for permitting," he said. Pittsburgh Post-Gazette (11/16) LinkedInFacebookTwitterEmail this Story
  API News 
  • Class A, B, C Storage Tank Operator Training
    As recognized leaders in safety-training and storage-tank-compliance services, the American Petroleum Institute and Antea Group have joined forces to offer an online UST Operator Training program that meets both federal and state operator-training requirements as mandated by the Federal Underground Storage Tank Compliance Act of 2005. Our comprehensive program is state-approved and includes Class A, Class B and Class C certification for storage-tank operators. All training content includes state-specific regulations and can be customized for various storage-tank configurations. Our unique online training is conveniently available 24 hours a day. Learn more. LinkedInFacebookTwitterEmail this Story
  • API Inspection Summit, Jan. 7 to 10, Galveston, Texas
    The American Petroleum Institute invites you to attend the API Inspection Summit & Expo in Galveston, Texas, at the Galveston Island Convention Center, Jan. 7 to 10. The summit will provide you an opportunity to learn about new and existing industry codes and standards, and to hear about emerging trends from industry experts. It is also the only networking event for inspectors in the industry and includes an exhibit hall with more than 50 companies displaying the latest in inspection services. The API Inspection Summit program will feature over 120 individual sessions, as well as a new feature for 2013 -- a one-day optional training component consisting of eight technical courses, providing in-depth education to attendees. The Call for Presentations has been extended to Sept. 14. Learn more and register. LinkedInFacebookTwitterEmail this Story
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