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Gary E. Gould will join EQT Corp., Pittsburgh, as executive vice-president and chief operating officer in April.

Light, sweet crude oil prices gained on the New York market Mar. 7 as did Brent crude oil prices in London despite indicators of weakening world economic growth. The European Central Bank cut its 2019 growth forecast to 1.1% from 1.7%. Previously, the Organization for Economic Cooperation and Development downgraded its growth forecasts for the G20.

Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry.

The US drilling rig count is down 11 units to 1,027 rigs working for the week ended Mar. 8, according to Baker Hughes data. The count is up 43 units from the 984 rigs working this time a year ago. With an 11-unit loss week-over-week, 1,004 rigs are drilling on land. The number of rigs drilling offshore remained unchanged at 22 units as did those drilling in inland waters where a single unit was drilling for the week.

Resumption of oil and gas geological and geophysical (G&G) data gathering on the US Mid-Atlantic Outer Continental Shelf after more than 30 years would help advance scientific knowledge as well as identify and determine the value of potential resources there, US Bureau of Ocean Energy Management Acting Director Walter D. Cruikshank told one US House Natural Resources (HNR) subcommittee on Mar. 6.


RT @SEAOpportunity: Happy National Natural Gas Workers' Day, to all of our amazing Natural Gas Workers! Thank you for your hard work to hel…

RT @shalegasnow: Veteran unemployment recently hit an 18-year low, thanks in large part to America’s booming energy industry. #Oil and #Nat

RT @EQTCorp: Education is important to EQT and we value our partnerships with colleges and universities around the region. Check out our em…

RT @AnteroResources: Antero is proud to be a leader in the natural gas revolution. Did you know the oil & gas industry supports over 10.5 m…