Loren C. Steffy's Blog, page 46

May 7, 2012

Court approves claims process for Stanford victims

A federal judge in Dallas has approved the process for paying claims submitted by Stanford Financial’s victims. The move clears the way for thousands of former Stanford investors, who have been waiting for more than three years for claims, to find out how much of their losses they’re likely to recover. It’s likely to be [...]
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Published on May 07, 2012 08:30

What I’m reading with my morning coffee | 5.7.12

The controversial Buffett Rule divided the faithful at this weekend’s annual Berkshire Hathaway meeting, which Buffett himself has dubbed “Woodstock for capitalists.” Of course, they also probably weren’t took happy that Berkshire’s stock has been underperforming the market lately. Chesapeake’s filings are still a gusher of disturbing disclosures: exorbitant director pay, generous jet perks, and [...]
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Published on May 07, 2012 05:59

May 4, 2012

What I’m reading with my post-OTC morning coffee | 5.4.12

Ex-BP engineer pleads not guilty in spill probe. The government feared a job offer in Australia made him a flight risk. Meanwhile, the judge in the civil case set a Jan. 14 trial date for the government’s claims. United says expanding Hobby would cost jobs, hurt economy. More fun with dismal science. Up next: Dancing [...]
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Published on May 04, 2012 05:27

May 3, 2012

OTC: A more balanced view on climate change

The luncheon discussion on climate change at the Offshore Technology Conference offered one of the more balanced views on the subject this week.
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Published on May 03, 2012 12:07

OTC: Noble Energy’s finds may drive economic change in Middle East

Exports from Israel and perhaps Cyprus could improve relationships among countries in the eastern Mediterranean.
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Published on May 03, 2012 08:43

May 2, 2012

OTC’s size speaks to the world’s enduring demand for oil

The people, the exhibits and the sales that make up this impromptu boom town all represent the billions of dollars that private companies and governments continue to pump into the business of finding oil.
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Published on May 02, 2012 14:28

OTC: Once you buy the hardware, how do get the crews to it?

The Offshore Technology Conference is all about the hardware, and it’s assumed that if companies deploy the technology, workers will be there to use it. Wings Travel Management doesn’t have a booth at this year’s Offshore Technology Conference, but its representatives are working the halls and display areas, touching base with existing customers and looking [...]
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Published on May 02, 2012 10:05

OTC: Texas Congressman serves political tripe for breakfast

A Texas congressman serves up straight political fare at OTC breakfast
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Published on May 02, 2012 07:51

OTC: Energy economics captured L&M Radiator’s attention

OTC is a reminder of the economic diversity of the energy industry, and the opportunity that's created from specialization in a complex industry.
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Published on May 02, 2012 04:02

May 1, 2012

OTC: Big companies have glitz, but small companies are the industry’s lifeblood

I spent the day surfing the economic ripple effect across 641,000 square feet. I didn’t actually cover every inch of the exhibits at the Offshore Technology Center, but I found myself wandering around the main exhibit hall to the satellite displays at the Reliant Arena. You see the well-known names, such as BP and Halliburton; [...]
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Published on May 01, 2012 15:14