Latest oil and gas sector Stories

LONDON, May 7, 2013 /PRNewswire/ -- The bi-annual Oil & Gas Global Capital Confidence Barometer released today highlights that nearly half (44%) of the 152 oil and gas company executives surveyed believe the global economic situation is improving, up from 27% in October 2012. Notably, oil and gas companies are generally more optimistic than the broader global sample of 1,600 respondents in 50 countries. However, only 27% of the respondents expect to undertake any M&A...

NEW YORK, Feb. 18, 2013 /PRNewswire/ -- The Investcorp Gulf Opportunity Fund - along with other affiliates of Investcorp, a leading provider and manager of alternative investment products, announced today that they have agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions for the global offshore oil and gas sector, from Equistone Partners Europe Limited. The value of the transaction was not disclosed. Founded in 1976 in...

HOUSTON, Dec. 18, 2012 /PRNewswire/ -- Burleson LLP, the largest law firm in the country devoted specifically to the oil and gas sector, announced today that Gary Brown has joined as a Partner in the Litigation Practice Group in the Houston office. (Logo: http://photos.prnewswire.com/prnh/20120904/DA65821LOGO) With more than three decades of experience in commercial litigation, Brown has enjoyed an impressive career, successfully trying a wide range of oil and gas matters...

HOUSTON, Dec. 11, 2012 /PRNewswire/ -- Burleson LLP, the largest full-service law firm in the country devoted specifically to the oil and gas sector, announced today that 10 of the firm's attorneys have been named among the 2012 Who's Who in Energy list determined by The Business Journals. (Logo: http://photos.prnewswire.com/prnh/20120904/DA65821LOGO) The annual listing is designed to honor the top 100 prominent industry influencers in seven major U.S. markets where energy is...

HOUSTON, Dec. 4, 2012 /PRNewswire/ -- Burleson LLP, the largest full-service law firm in the country devoted specifically to the oil and gas sector, announced today that Gary C. Johnson, a Partner in the firm's Houston office, has been named the leader of the firm's Corporate Practice Group. (Logo: http://photos.prnewswire.com/prnh/20120904/DA65821LOGO) Burleson's Corporate Practice Group includes more than 30 partners and associates who work in offices in Houston, San...

LONDON, June 13, 2012 /PRNewswire/-- Tax revenues from oil and gas companies continue to provide a significant proportion of income for states around the world, according to the latest Ernst & Young Oil & Gas Tax Guide. The report also confirms that many governments are working on ways to make oil and gas tax regimes more attractive to investors. Alexey Kondrashov, Global Oil & Gas Tax Leader at Ernst & Young says, "Over the past 18 months, many countries have...

TORONTO, May 16, 2012 /CNW/ - Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V: EOG, NSX: EOG) is pleased to announce the Company has appointed Peter Nicol to the Board of Directors, subject to confirmation from the TSX Venture Exchange, and Alan Rootenberg as Chief Financial Officer ("CFO") of the Company. The incoming board member, Peter Nicol, brings over 20 years experience in the oil and gas sector. Prior to joining the Board of Eco Atlantic, he was...

SAN ANTONIO, April 26, 2012 /PRNewswire/ -- Burleson LLP, the largest energy law firm in the country devoted specifically to the oil and gas sector, announced that it has earned the No. 1 ranking in the San Antonio Business Journal's list of top energy law firms. The ranking was generated based on the number of local oil and gas lawyers working at each firm included in the listing. (Logo: http://photos.prnewswire.com/prnh/20110915/DA69247LOGO) The Houston-based law firm opened...

HOUSTON, March 8, 2011 /PRNewswire/ -- BB&T has hired a six-member energy lending team based in Houston, Texas, to focus on oil and gas production and midstream companies. "The addition of this team to BB&T Capital Markets' energy platform is part of a long-term strategy to expand our presence in the oil and gas sector and represents a significant growth opportunity for us. We are committed to this strategy of helping our clients access capital from a trusted and proven financial...

HOUSTON, Feb. 1, 2011 /PRNewswire/ -- Merger and acquisition (M&A) activity in the U.S. oil & gas industry outpaced the overall U.S. deal market, boosted by improving macro-economic conditions, stabilizing commodity prices and increased corporate confidence, according to PwC US. The huge supply of shale gas in the continental U.S. was a key driver for increased M&A activity in 2010 and will continue to fuel the industry's movement towards upstream assets as the climate for...