The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

news  oil-and-natural-gas-development  us-energy  bp234  oil-production  energy-exports  ethanol  climate-change  regulation 

Mark Green

Mark Green
Posted June 10, 2015

BloombergBusiness The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.

U.S. oil production (green line in chart, left) rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on Wednesday. Gas output also climbed, putting America ahead of Russia as a producer of the hydrocarbons combined.

The data showing the U.S.’s emergence as the top driller confirms a trend that’s helped the world’s largest economy reduce imports, caused a slump in global energy prices and shifted the country’s foreign policy priorities.

“We are truly witnessing a changing of the guard of global energy suppliers,” BP Chief Economist Spencer Dale said in a presentation. “The implications of the shale revolution for the U.S. are profound.”

Read More

news  natural-gas-development  bp234  energy-exports  north-dakota  permian-basin  e1534  seismic 

Mark Green

Mark Green
Posted June 9, 2015

BP Magazine – Why is natural gas the fuel of the future? Despite pressures on the industry today – with gas prices down and capital investment under pressure – longer term trends still point to the increasing significance of natural gas in the energy mix. BP Magazine looks at some of the numbers behind the story of the world’s strongest-growing and cleanest fossil fuel.

Over the next 20 years, natural gas is expected to catch up with oil and coal and emerge as the main hydrocarbon component of a more sustainable energy mix. The fastest-growing fossil fuel – which is primarily methane – is mainly used for power generation, as well as in homes, offices, shops and other commercial locations for heating and cooling. It’s also a raw material in the production of fertilizer and other chemicals – and it is sometimes used as a fuel for transport as well.

Read More

analysis  oil-and-natural-gas-industry  oil-and-natural-gas-companies  baker-hughes  halliburton  marathon-refining  bp234  chevron  exxonmobil 

Mark Green

Mark Green
Posted April 24, 2015

To identify members of API’s second Emerging Leaders Program as “millennials” would really be oversimplifying things. Sure, they generally fit that age demographic, but they’re not being defined by such a generalized label. Rather, they’re defining themselves in the professional world – which surely is a reason their companies nominated them to participate in a program that focuses on future industry leadership, which included joining API at IHS Energy’s annual CERAWeek conference in Houston.  

This year’s program centered on how modern politics impacts the oil and natural gas industry. Specifically, the curriculum examined the growing importance of public policy, advocacy and mobilization within daily industry operations and underscored the importance of political participation.

Still, much of the context for these discussions involves the career expectations and experiences of the emerging leader cohort – which in some ways reflect the aspirational trends of the larger generational grouping. Just don’t pigeon-hole them as “millennials.”

During our conversation at CERAWeek there was agreement that the oil and natural gas industry fits with younger career people (whatever you call them) who are adaptable, appropriately ambitious and invested in the notion of making a difference.

Read More

center-for-offshore-safety  offshore-development  cera  safety-standards  gulf-of-mexico  oil-spill  bp234  macondo-well 

Mark Green

Mark Green
Posted April 22, 2015

Just a few minutes after BP Group Chief Executive Robert Dudley addressed a CERAWeek luncheon crowd on post-Macondo efforts that have seen the company spend  more than $44 billion on Gulf response and cleanup, I talked with Center for Offshore Safety Executive Director Charlie Williams about the center’s work to increase the safety culture in offshore energy development. Williams, who was named to his position in March 2012, talked about systems approaches to safety and what the center has learned about offshore safety in its first annual performance report, issued earlier this month. Highlights of the conversation below.

Read More

transcanada  oil-and-gas-industry  new-york  new-jersey  hurricane-sandy  hess  bp234  bayway-refinery 

Mark Green

Mark Green
Posted November 16, 2012

Hurricane Sandy’s impact on large parts of New Jersey and the New York City area made for riveting and sobering television, prompting an outpouring of responses – including those from the oil and natural gas industry

Read More

boemre  boemre  bp234  deepwater-horizon  gulf-coast  gulf-of-mexico  oil-spill  macondo-oil-well  offshore-wells  safety-regulations 

Jack Gerard

Jack Gerard
Posted April 20, 2011

As we mark the one-year anniversary of the Macondo oil well spill in the Gulf of Mexico, it is important that we remember the 11 workers who died in that accident, their families and the communities along the Gulf coast that were most affected by this incident.

Read More

bp234  deepwater-horizon  gulf-of-mexico  gulf-oil-spill  interior-department  macondo-well  oil-leak  oil-spill  spill-response  clean-water-act  national-oceanic-and-atmospheric-adminis 

Jane Van Ryan

Jane Van Ryan
Posted December 16, 2010

The U.S. Justice Department filed suit against BP and eight other companies yesterday to recover billions of dollars from the Deepwater Horizon tragedy. The administration's suit asks that the companies be held responsible for all cleanup costs and damage to natural resources. 

Read More

blowout-preventer  bop34  bp234  congress  deepwater-horizon  gulf-of-mexico  halliburton  interior-department  macondo-well  oil-leak  oil-spill 

Jane Van Ryan

Jane Van Ryan
Posted November 9, 2010

The lead investigator for the presidential panel examining the Deepwater Horizon accident yesterday said he has found no evidence that anyone involved in the Macondo well took shortcuts to save money. 

Read More

blowout-preventer  bp234  deepwater-horizon  domestic-energy  gulf-of-mexico  gulf-oil-spill  oil-spill  spill-response  offshore-drilling-rig 

Jane Van Ryan

Jane Van Ryan
Posted September 8, 2010

BP today released the results of its own investigation into the Deepwater Horizon accident. It determined that a series of mechanical failures, the misinterpretation of data, and other factors attributable to all of the companies working on the rig led to the explosions, fire and the deaths of 11 offshore workers.

Read More