Many oil and gas companies have recognized the need for faster and more efficient business processes to compete in a more technology-driven world. Acting as a catalyst in this technological transformation are Environment, Health, and Safety (EHS) and Environmental, Social and Governance (ESG) programs. With a heightened global focus...
Among the readership of this magazine are numerous oil and gas royalty owners. The April filing date for individuals will soon be upon us. In this article, we are going to discuss practical income tax considerations of owning royalty interest in oil and gas. This article will not be...
Three of the world’s biggest oil companies — BP, TotalEnergies and Shell — won acreage in Scotland’s biggest offshore wind power tender in January. This should have pleased their ESG shareholders, who have been pushing for greater climate-related commitments. But let’s pause for a moment.
ESG is an abbreviation that’s...
Arbitration vs. Court : Which is the Best Forum
Is Arbitration Better than Court
Is arbitration Better than Court ? When drafted and implemented properly, arbitration can have significant advantages over litigation. It can be faster, less expensive, and confidential. The process can also offer more flexibility than litigation and be...
The Fifth Circuit Court of Appeals Rules That an Oil Rig Supervisor Paid a High Day Rate is Still Entitled to Overtime Pay
Julie Offerman and Lee D. Snelgrove - 0
On September 9, 2021, the en banc Fifth Circuit Court of Appeals released its decision in the case of Hewitt v. Helix Energy Solutions Group, Inc., in which it considered whether an employee paid a day rate satisfies the “salary basis” requirement for certain overtime exemptions from the federal...
This might sound a bit strange, but being a mom enhances my view on cybersecurity. Over the past 14 years, I have worked with engineering firms to bring digital solutions to critical infrastructure sectors to market, such as Energy, Oil and Gas, and Healthcare. The transition to digital solutions...
Who are today’s most “competitive” fuel retailers? The obvious answer is: the ones that get the most customers. What makes a customer choose them? That answer is less obvious.
Selling more gallons and c-store items in today’s market environment is only becoming more difficult. The typical U.S. fuel retailer has...
As remote working and online learning became the norm, the coronavirus pandemic exposed a growing gap in our nation’s digital divide, the gulf between those who have ready access to computers and the internet and those who do not.
Without access to computers or reliable Wi-Fi, students in low-income communities...
Now that many Americans are beginning to return to their offices after working from home during the pandemic, it’s important to acknowledge the public health crisis surrounding addiction and substance abuse.
Drug and alcohol misuse rose across the country during the pandemic, and now many are left dealing with the...
As a woman approaching the twilight years of my professional career, I have been reflecting on the evolution of the working environment for females over the course of my lifetime. It is certainly true that “we’ve come a long way, baby,” and the women of my generation owe a...