Oil & Gas Industry News
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Two Killed, Three Hurt In Oklahoma Oil Rig Explosion.
An explosion and fire at a southeastern Oklahoma oil rig early Friday killed two workers and injured three others, two of them critically. Energy update.
New York Commission Will Recommend Banning Fracturing.
New York, which is a net importer of energy, could be a part of the solution to its energy problems by following the lead of its neighboring states Pennsylvania, West Virginia and Ohio. Energy update.
Report: Texas Could Face 2.7 Trillion Gallon Water Shortfall by 2060.
The state of Texas could face a water shortfall of 2.7 trillion gallons by 2060, according to a recent report by Texas A&M University's Mosbacher Institute. Energy update.
Report: Only Three out of Four IOCs Generating Enough Free Cash at $60/bbl.
IOCs will need to cut spending by $170 billion in 2015 in order to keep net debt flat at $60/barrel, according to a Wood Mackenzie report. Energy update.
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