The Norwegian oil and gas industry is booming, according to the latest salary survey conducted by Oil and Gas Job Search and Hays Oil and Gas. The guide was compiled from over 14,000 participants in 53 countries and provides data on average salaries,day rates and benefits for 20 specific ...
Such activities may include exploration for crude petroleum and natural gas; completing wells; operating field gathering lines; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. This subsector includes the production of crude ...
Shell CEO Ben van Beurden told a Dutch parliamentary panel investigating problems relating to natural gas production at the large Groningen gas field in the Netherlands that the company should have pulled out of the project earlier. Shell and The Kansai Electric Power Co., Inc. have signed a ...
I decided to join CNOOC. We are able to review drilling programs, ask questions directly from the drilling contractor, so that has been a good experience to have," Naiga said. "My Chinese mentor has over 10 years' experience in drilling oil and gas operations....
Oil prices are volatile because of the fiscally irresponsible, short investment nature of the shale oil industry and offshore development takes years and years to bring to market. There is natural gas coming out of our ears at the moment because of the shale phenomena; the price is tanking ...
offsetting of losses from Passive activities against income from Active businesses. The Tax Code specifically states that a Working Interest in an oil & gas well is not a “Passive” Activity, therefore, deductions can be offset against income from active stock trades, business income, salaries, ...
“The oil and gas industry has left thousands of orphaned wells from previous fossil fuel booms. Taxpayers may wind up on the hook for the considerable expense of plugging and reclaiming orphaned wells – Cabot Oil & Gas claims to have spent $730,000 per well to cap three shale gas wells...
of the very best things we can do, to offset these liabilities, is to use as much renewable energy as possible,and in terms of constant money, wind and solar electricity are getting cheaper year after year, and they’re also getting cheaper year after year in comparison to oil and gas....
Young STEM talent also associate the oil and gas industry with high salaries and see it as an industry that is invaluable."The industry pays well," "the industry is crucial for their country's economy and development," a...
since the second half of 2018. As we look out across the natural gas futures price curve, we're encouraged to see supply rebalancing and thus providing a foundation for higher prices. To reduce the volatility of our cash flows and to support our long-life, low-cost financing strategy, we...