RRC Gives Coal Mining Reclamation Award to Dos Republicas for Work at Eagle Pass Mine
By Subcontractors USA News Provider A coal mining operation near the Texas-Mexico border was commended for its environmental restoration after shutting down operations. RRC’s commissioners recently recognized Dos Republicas Resource Co. with the agency’s 2021 Texas Coal Mining Reclamation Award. Dos Republicas’ 6,348-acre Eagle Pass Mine, which has held a Railroad Commission permit since 2000,…
130 Years Young, RRC Looks to the Future
By Subcontractors USA News Provider It’s easy to not fully grasp just how much the world has changed since a 19th-century legislature created the Railroad Commission of Texas to provide order and predictability to a rapidly expanding railroad industry that controlled the flow of goods. When the RRC opened its doors on April 3, 1891,…
Marathon Oil Announces $500 Million Gross Debt Reduction
By Subcontractors USA News Provider HOUSTON, March 30, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) announced today that it sent an irrevocable notice of its intention to fully redeem its currently outstanding $500 million aggregate principal amount of 2.8% Senior Notes Due 2022 (the “Notes”) on April 29, 2021 (the “Redemption Date”). This transaction…
Shell Oil News: Appointment of New Chair and Other Board and Committee Changes
By Subcontractors USA News Provider The Board of Directors of Royal Dutch Shell plc (the “Company”) has announced the appointment of Sir Andrew Mackenzie as the new Company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021. Andrew will succeed Chad Holliday who will step down on…
ExxonMobil NEWS
By Subcontractors USA News Provider ExxonMobil Issues Statement on Wall Street Journal Report The claims made by an alleged whistleblower, and reported by The Wall Street Journal, are demonstrably false. Actual and provable performance exceeded drilling plans for the Permian, and such performance has been accurately represented to the investment community. The Wall Street Journal has…
ExxonMobil Plans Reduction to U.S. Staffing Levels
By Subcontractors USA News Provider As part of an extensive global review announced earlier this year, the company plans to reduce staffing levels in the United States, primarily at its management offices in Houston, Texas. The company anticipates approximately 1,900 employees will be affected through voluntary and involuntary programs. The workforce reductions are the result…
ExxonMobil News
Darren Woods Discusses Future of Industry and Company With Employees Darren Woods, ExxonMobil’s Chairman and CEO, conducted an Employee Forum recently and discussed the current state of the oil and gas industry, how the company is managing through this unprecedented period, and the company’s future. As a follow-up to the Forum, the following email summarizing…
ExxonMobil, National Math and Science Initiative Expands Education Programs to Permian-Area Schools
IRVING, Texas – ExxonMobil and the National Math and Science Initiative (NMSI) are bringing college readiness and foundational education programs to students in Permian-area schools in Midland Independent School District and Ector County Independent School District in Texas and the Carlsbad Municipal School District in New Mexico. Programs to increase college readiness and advance math…
REDUCING NATURAL GAS FLARING
At a recent meeting of the Texas Railroad Commission, the Texas Methane Flaring Coalition laid out a series of best-practice recommendations for industry and regulators to consider as we all move toward a goal of zero routine flaring in the Permian Basin. We’re proud to add our voice to this diverse group calling for action – everyone from…
Texas Methane & Flaring Coalition Launches New Online Education Resources
The Texas Methane & Flaring Coalition (the Coalition), an alliance of Texas oil and natural gas trade associations and nearly 40 Texas energy companies, today announced they have launched new educational tools and resources for stakeholders, legislators and regulators, and the general public who are seeking to gain a better understanding of issues related to…
Oil and Gas Monitoring and Enforcement Plan finalized
The Railroad Commission of Texas has released its latest strategic priorities in regulating the state’s oil and gas industry. The RRC’s Fiscal Year 2021 priorities are outlined in the Oil and Gas Monitoring and Enforcement Plan which can be found on the RRC website at https://www.rrc.texas.gov/media/58340/og-s-plan-fy-2021.pdf Texas’ oil and gas industry is vital to the state’s budget and…
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