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Oil And Gas Companies Sell Unused Equipment During Downturn

2015-01-14 14:08:21| Oil & Gas - Topix.net

An Oklahoma-based auction site said its phones are ringing off the hook with companies trying to unload equipment just to stay afloat. The CEO said business for them is actually booming from the oil and gas downturn since companies are selling off oil equipment to make payroll and pay their bills.

Tags: sell equipment companies gas

 

Oil & Gas Industry Already Feeling Effects Of Oil Price Drop

2015-01-13 22:15:00| Oil & Gas - Topix.net

The Louisiana Oil & Gas Association is holding its annual State of the Industry speaking tour this week, featuring Vice-President Gifford Briggs. The tour kicks off Wednesday in Lafayette.

Tags: price industry effects gas

 
 

Oil & gas industry spent $11.8M on Colorado 2014 elections, says report

2015-01-13 05:31:29| Oil & Gas - Topix.net

The oil and gas industry invested $11.79 million in election-related spending in Colorado ahead of the 2014 general election, according to a new report from Colorado Ethics Watch , a public-issues nonprofit. Colorado Ethics Watch is part of Citizens for Responsibility and Ethics in Washington , which focuses on "government officials who sacrifice the common good to special interests," according to its website.

Tags: report industry says gas

 

Despite falling oil and gas prices, Alaska LNG project on track

2015-01-12 06:43:40| Oil & Gas - Topix.net

Collapsing oil prices have delayed at least two North American liquefied natural gas export projects, but they haven't stopped Alaska's massive LNG venture in part because of its size, projected timelines and a partnership involving some of the world's largest companies, officials said. "Our mission hasn't changed, and to my knowledge none of the investing companies are looking to change that at this time either," said Steve Butt, senior manager for Alaska LNG and an Exxon employee.

Tags: on project track prices

 

Scotland proposes North Sea oil and gas tax regime changes

2015-01-12 01:00:00| Offshore Technology

Scottish Energy Minister Fergus Ewing has unveiled a report urging for reform of the North Sea oil and gas taxation regime.

Tags: north changes sea tax

 

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