The oil and gas boom may be relatively new to Wyoming, but energy most definitely is not. Just as Texas dominates America’s oil production, Wyoming is No. 2 in the country for total energy production, accounting for roughly 40 percent of total U.S. coal production in 2012 and further ranking as America’s leading producer of uranium for nuclear power. In fact, the Wyoming State Geological Survey (WSGS) estimates that if Wyoming were to cease production of coal, natural gas and uranium, much of the country would go dark within a couple of months.
Christopher Melillo | Kaye/Bassman International
As Cuba is no longer focusing on offshore development and with many operators, especially US firms, foregoing any possibilities of keeping the offshore talent close to home in the Caribbean with development opportunities due to the embargo, this lack of needs does not alleviate them from a brutal war for talent as there is an overall increase continuing to grow in offshore development. This also spreads the talent needs geographically, without very much concentration in one area as there are very few regions that are decreasing output or exploration.
Deborah Byers | Ernst & Young LLP
There were no real surprises in the Round Zero reveal by Mexico’s Ministry of Energy (SENER), announced on August 13. As expected, SENER granted Pemex the majority of its requested oil and gas producing properties and reserves, leaving the national oil firm with about 83% of the country’s proven and probable reserves.
The timing of the announcement, however, sends a very clear message to companies interested in future rounds of bidding. Now that Mexico’s long-anticipated energy reform is law, the Government is moving as quickly as possible to bring in foreign investment and begin reversing a decade-long decline in oil production.
Chris Faulkner | Breitling Oil and Gas
When the nasty smear of “Indian giver” was first slung in the 1700s, it was mistakenly applied to Native Americans due to misunderstanding of their bartering practices. Today, the same smear could be more accurately used against the U.S. government.
What else can we call it when the federal government first “grants” small parcels of the land that once belonged to the tribes, agrees to tribal sovereignty, and then federally restricts what the tribes can do with their supposedly sovereign lands, to the detriment of the tribes?