For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
First, they came for the coal industry, and I did not speak out — Because I was not in the coal industry.
The battle over carbon will play a significant role in the long-term development of the tight oil plays in the United States. There is yet another push for...
Anyone can make a New Year’s resolution. How many of us can actually keep one though?
Food for thought — maybe we should resolve ourselves to make minor changes over time instead of a couple drastic maneuvers on Jan. 1. Maybe if we resolve to make a few small changes...
On Oct. 27, 2018, ConocoPhillips hosted the Eagle Ford Relay for Life Committee’s Fourth Annual Redfish Round-Up to raise funds for the American Cancer Society and cancer patients in our surrounding area. The 2018 event featured 42 teams, 21 event sponsors and a raffle prize. This year’s event raised...
Happy 2019! The shale revolution, marked by the harmonic convergence of horizontal drilling, hydraulic fracturing and an endless supply of oil and natural gas naturally present in the United States, has not only demonstrated incredible staying power, but it has also ushered in nothing short of a geopolitical realignment...
The Port of Corpus Christi Authority reached several milestones in the development of the crude oil export terminal on currently planned for Harbor Island, Texas.
Corpus Christi-based Lone Star Ports, LLC (Lone Star Ports) will lead the development of the Terminal, the first U.S. onshore export terminal servicing fully-laden Very...
STEER recognizes those going above and beyond in the Eagle Ford Shale
The South Texas Energy and Economic Roundtable (STEER) honored Energy Waste, Cheniere Energy, Resirkulere, CPS Energy, EcoVapor Recovery Systems, OmniTRAX, CASA of Bee, Live Oak and McMullen Counties and the George West Education Foundation as the recipients of...
The National Climate Assessment is the latest in a series of reports that has thrust climate change into the public spotlight — and added to the intensity of calls for a carbon tax. This brief article will illustrate first the arguments put forth by advocates for the carbon tax...
The San Antonio Pipeliners Association (SAPA) hosted the seventh annual Midstream Classic, a scholarship fundraising event Nov. 16 at the Hyatt Hill Country Golf Club. The event had a great turnout, including over 30 event sponsors.
photos courtesy of shale
This January, as many Texans recover from the holidays and gaze into what some folks call winter here, members of the Texas Legislature will gather in Austin to be sworn in for the 86th legislative session. The Texas Legislature is charged with meeting for only 140 days every two...
