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March 28, 2013
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News for the oil and natural gas industry

  Top Story 
  • ExxonMobil exec highlights importance of Senate vote on Keystone XL
    A nonbinding vote in the Senate in favor of TransCanada's Keystone XL pipeline is an important signal, an ExxonMobil executive said. "Just because it was symbolic, however, doesn't mean it's not significant. Indeed, what makes Friday's vote so important is the degree to which it represents strong and growing support for the project among elected Democrats -- 17 of whom voted for the measure -- as well as Republicans," Ken Cohen, ExxonMobil vice president of public and government affairs, wrote on the company's blog. The Hill/E2 Wire blog (3/27) LinkedInFacebookTwitterEmail this Story
The Key To Positive Cash Flow
Every business is cyclical with cash flow ups and downs. The key is to find a way to keep the cash coming in as predictably as possible. Seem impossible? Well it's not. There are systems and processes that make it easier to collect the cash you've earned so your small business can grow. Learn how these small-business owners set up their businesses for success.

  Industry News 
  • States can help address increasing gas demand, ANGA CEO says
    State policies can help address increasing demand for natural gas, said Marty Durbin, the incoming CEO of American's Natural Gas Alliance. Such policies can tout the fuel as a power source, particularly in place of coal. "The states provide an incredible advantage and opportunity for us to get the message out and also work creatively with them on opportunities to better utilize the natural gas resources that we have," Durbin said. (3/27)
  • Witness: Halliburton warned BP about blowout risk before spill
    Halliburton warned BP against not running 15 of 21 recommended stabilizers in its Macondo well in the Gulf of Mexico, according to testimony Wednesday during a civil trial over the 2010 Gulf of Mexico oil spill. "They simply informed me that that decision has been made not to run the 15 additional centralizers," Nathaniel Chaisson, Halliburton's cementing services coordinator, said. "I informed them that without the additional 15 centralizers the job would result in channeling," he added. Bloomberg (3/27) LinkedInFacebookTwitterEmail this Story
  • Coast Guard asks Justice Dept. to probe Shell's Alaskan drilling rigs
    The Department of Justice should determine whether Royal Dutch Shell's drilling rigs deployed off the Alaskan coast in 2012 committed marine pollution violations, the U.S. Coast Guard said. "Our drilling operations were completed safely and successfully. ... It was while leaving the theater of operations that issues with the Discoverer were identified by the Coast Guard and the Kulluk ran aground," Pete Slaiby, vice president of Shell Alaska, said in defense of the company's operations. Anchorage Daily News (Alaska) (free registration) (3/27)
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

  Exploration & Production 
  • BP, partners to explore offshore U.K. field
    A consortium of energy majors led by BP has reached a deal to drill five appraisal wells at Scotland's Clair field. More than $500 million will be initially invested in the project. "It shows the industry's commitment to maximize the potential in this area, which could hold up to 17% of our oil and gas reserves," said Edward Davey, U.K. secretary for energy and climate change. Bloomberg Businessweek (3/27) LinkedInFacebookTwitterEmail this Story
Online registration closes this Friday. Join the global gas community who will attend this landmark event which happens only once every 3 years. Register at today.
  Refining & Marketing 
  • HollyFrontier upgrading Okla. integrated refinery
    HollyFrontier is upgrading its integrated refinery in Tulsa, Okla. The company completed the installation of components at the plant's west facility, including a coker blow-down system and a vacuum tower. A new sulfur unit and two tanks will be added to the plant's east facility, HollyFrontier said. Tulsa World (Okla.) (3/27) LinkedInFacebookTwitterEmail this Story
How to Achieve IT Agility: A Survival Guide for IT Decision Makers
When business teams add new apps and services to already-strained networks, IT departments are accountable for making everything work. Is your team ready for this challenge? Read this eGuide to learn how IT teams are automating their networks, why they're utilizing Ethernet fabrics and SDN, and what success looks like as they regain network control and business relevance.

  Policy Watch 
  • Industry expresses concern about possible climate change rules
    The oil and natural gas industry expressed concern about expected U.S. environmental rules that would task agencies to determine whether energy projects would have effects on climate change. "It's setting up a parallel path for challenges that would encumber or delay energy projects the country needs and that meet the identified and established requirements for approval," said Richard Ranger, a senior policy adviser with the American Petroleum Institute. Platts (3/27)
  • Rep. Tim Ryan, Germany's Merkel discuss LNG export opportunities
    Rep. Tim Ryan, D-Ohio, and German Chancellor Angela Merkel discussed the possibility of the U.S. exporting liquefied natural gas to Germany. "[W]e had an opportunity to speak about the issue of our natural gas supply in Ohio. I believe she is very interested in increasing competition for natural gas and buying it from a strong strategic ally that shares their values, especially an appreciation for the rule of law," Ryan said. The Hill/E2 Wire blog (3/27) LinkedInFacebookTwitterEmail this Story
  API News 
  • Center for Offshore Safety First Annual Forum, April 29 and 30
    The Center for Offshore Safety is focused on promoting the highest levels of safety and environmental protection for offshore drilling, completions and production operations in deepwater Gulf of Mexico. The First Annual Forum's agenda has been created to provide an update on progress made by the Center and its cross-industry work groups, including SEMS Audit tools and SEMS good practices. The agenda is complemented by interactive panel sessions regarding SEMS implementation and industry experiences. The Forum is an excellent opportunity to gain an insight and understanding of SEMS, SEMS implementation, SEMS auditing, and the work being undertaken by the COS. Learn more. LinkedInFacebookTwitterEmail this Story
  • Tell Secretary Kerry to approve the Keystone XL pipeline
    The Keystone XL pipeline is once again facing growing opposition, but we can't afford to let the critics drown out our voices. For every dollar we invest in Canada, nearly 90 cents will be returned to our economy -- creating thousands of American jobs. Don't let this vital opportunity slip away. Voice your support for the Keystone XL pipeline and American prosperity. Take action today. LinkedInFacebookTwitterEmail this Story

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