Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
US Gulf Coast Residents Flee, Oil Production Shut as Francine Intensifies
Energy companies shut-in output at several production platforms as Francine is poised to become a major test for U.S. LNG export plants.
Canadian Government Orders Arbitration, Ending Rail Strike
The rail workers’ union agreed to return to work but is threatening to appeal the court ruling forcing work to continue.
US Announces Record Oil, Gas Pollution Penalty Against Marathon Oil
Marathon will pay a $64.5 million penalty, the largest ever for violations of the Clean Air Act from stationary sources, according to the Environmental Protection Agency and the Department of Justice.
Pemex GoM Oil Platform Blaze Leaves One Dead, 13 Injured
A Coter contract worker died from a fire that broke out at Pemex’s Akal-B platform this weekend that also left several others in serious condition, the company said.
Equinor Resumes Helicopter Flights on NCS Following Fatal Accident
Operator also announced it is expanding its helicopter fleet by 15 through contracts with Bell and Leonardo, with the first two helicopters slated for delivery in about a year.
A Different Way to Approach Energy Industry Hiring
Modern energy companies have embraced competitive efficiency, cutting-edge innovation and ESG transparency. It is time for modern energy hiring to do the same.
Halliburton Labs Welcomes Seven New Companies
The startups were selected during Halliburton’s Finalist Pitch Day earlier this year.
Safer Than Ever, But Room for Improvement
Advanced technology and social changes have made the oil patch less dangerous for U.S. workers, but industry insiders say there is always room for improvement.
Three Decarbonization Priorities for Oil and Gas
As oil and gas companies use record profits to reinvest in the energy transition, priorities should center around on emissions management, decarbonization, clean technology and safety practices.