President and CEO retires after 17 years with Murphy Oil. The Board of Directors of Murphy Oil Corp. has announced the appointment of Steve Cossé as president and CEO, effectively immediately. David Wood, the company’s current president, CEO and member of the Board of Directors, will retire after a 17-year career at the company…
House Committees Tackle Highway Reauthorization Bill
PMAA and coalition members were successful in including a wetlines study, following concerns with DOT’s proposed wetlines rule. Today, Feb. 2, the House Transportation and Infrastructure Committee is holding a markup on its recently released highway reauthorization bill known as the “American Energy & Infrastructure Jobs Act” (H.R. 7). The five-year $260 billion surface transportation…
Deepwater Drilling Moratorium Overturned
The U.S. Court of Appeals for the Fifth Circuit ruled last week that the Obama administration could not impose a six-month moratorium on Gulf of Mexico deepwater drilling, according to the New York Times. A three-judge panel ruled 2-1 that the administration did not prove “irreparable injury” is likely if the moratorium is not…