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New report: Banning fracking could have devastating impact on Texas, American economy

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If hydraulic fracturing were banned, Texas could lose 1.5 million jobs and $196 billion in annual GDP by 2022, a new report from the US Chamber of Commerce Energy Institute finds. The fourth installment of the institute’s Energy Accountability Series details the devastating economic impacts that America, especially Texas, could face if the “Keep it in the Ground” movement succeeded in banning hydraulic fracturing for oil and natural gas.

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CONSOL Energy, Noble Energy to separate Marcellus Shale joint venture

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CONSOL Energy and Noble Energy jointly announced that the two companies have entered into a definitive agreement to separate their Marcellus Shale 50-50 Joint Venture (the "Exchange Agreement"). The two companies have negotiated a separation of the Joint Venture that was formed in 2011 for the exploration, development, and operation of primarily Marcellus Shale properties in Pennsylvania and West Virginia.

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PSA updating barrier management guidelines to incorporate operational, organizational barriers

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Norway’s Petroleum Safety Authority (PSA) is updating its barrier management guidelines to include organizational and operational barriers, in additional to technical barriers. After PSA conducted studies and participated in a multinational audit on barrier management, the regulator concluded there is a need for a more systematic approach to barrier management. Such an approach is needed...

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