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Monday, April 20, 2015 - Halliburton warns of headwinds in its international operations and pricing pressure for its oilfield services in North America.
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Industry Headlines

Norway Launches Expanded Oil Licensing Round in Mature Areas
Tuesday, April 21, 2015 Norway launches its 2015 oil and gas licensing round in mature areas, expanding it to include blocks near recent discoveries.
Maersk Drilling: Cheap Oil to Trigger Drilling Sector Take-Over Wave
Tuesday, April 21, 2015 The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, Claus Hemmingsen, chief executive of Danish Maersk Drilling, says.
IHS CERAWeek: Sustaining Innovation during Oil, Gas Downturn
Monday, April 20, 2015 Industry experts utilize the current downturn as a time to be bold and strategic in maintaining innovation.
IHS CERAWeek: Evoking Iran, US Senator Pushes For Oil Exports
Monday, April 20, 2015 Senator Lisa Murkowski says she will introduce legislation this year to allow US crude exports, saying the Obama admin. should not dare lift sanctions on Iran before scrapping the US crude export ban.
Shale as World's Swing Producer Signals 'Jagged' Future for Oil
Monday, April 20, 2015 With OPEC ceding control for the first time since the 1980s, US shale oil has been anointed the world's new "swing producer".
'Ducks' and Oil: No Need to Fear US Crude Supply Deluge
Monday, April 20, 2015 A tax break in North Dakota will not unleash a new wave of shale crude supply, producers say.
Saudi Arabia on Alert Over Possible Oil or Mall Attack
Monday, April 20, 2015 Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, Interior Ministry spokesman Mansour Turki says.
Halliburton Warns Of Weakness In N. America, International Operations
Monday, April 20, 2015 Halliburton warns of headwinds in its international operations and pricing pressure for its oilfield services in North America.
Britain Orders Sale Of Russian Billionaire Fridman's North Sea Fields
Monday, April 20, 2015 Britain orders Russian billionaire Mikhail Fridman to sell his North Sea gas fields within six months.
Douglas-Westwood: BG Acquisition Kicks Start a Fulcrum Year for Mega Gas
Monday, April 20, 2015 Douglas-Westwood says Shell's acquisition of BG "kicks start a fulcrum year for mega gas" in DW Monday.
Oil Up On Drop In US Crude Stockpiles, Middle East Tensions
Monday, April 20, 2015 Oil prices end in positive territory after a drop in stockpiles at the delivery point for US crude in the second half of last week outweighed pressure from near record high production in Saudi Arabia.

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Exploration

Woodside Turns Down Rabat Deep Operatorship
Tuesday, April 21, 2015 Woodside turns down the opportunity to increase its stake in the Rabat Deep license, offshore Morocco, leaving Chariot Oil & Gas seeking a new partner to fund drilling.
Official: India to Auction 69 Marginal Fields Owned by ONGC, Oil India
Tuesday, April 21, 2015 India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp and Oil India Ltd, the country's oil secretary says.
Bass Strait Oil Provides Update on Gippsland Basin Operations off Australia
Tuesday, April 21, 2015 Bass Strait Company provides an update on its Gippsland Basin operations offshore Victoria, Australia.
NOPTA Approves Variation to Permit WA-454-P Work Program Off WA
Tuesday, April 21, 2015 The National Offshore Petroleum Titles Administrator approves a request by the WA-454-P joint venture to vary the work program for the permit off Western Australia.
Karoon Confirms Oil Discovery at Echidna-1 Well in Santos Basin
Tuesday, April 21, 2015 Karoon Gas confirms oil discovery at Echidna-1 exploration well in Block S-M-1102 in Santos Basin offshore Brazil.
GDF Suez Says Natural Gas Discovery Made in Southeast Algeria
Monday, April 20, 2015 France's GDF Suez says partner Repsol has found gas in southeast Algeria.
KrisEnergy Finds Oil, Gas at Rossukon-3ST Well in the Gulf of Thailand
Monday, April 20, 2015 KrisEnergy finds hydrocarbons at Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand, completing its 2015 drilling program in the block.
Report: Kuwait Discovers 4 New Oil Fields In Kingdom
Monday, April 20, 2015 Kuwait's state news agency says the state-run Kuwait Oil Co. has discovered four new oil fields.
Searcher Processing Seismic Datasets in the Philippines, Papua New Guinea
Friday, April 17, 2015 Searcher Seismic is currently processing two seismic datasets in the Philippines and Papua New Guinea.
Petrobras Discovers Oil, Gas in Brazil's Amazon and Espirito Santos Basins
Friday, April 17, 2015 Petrobas finds oil and gas at Block AM-T-84 in the Amazon Basin in Brazil and discovers oil at Block ES-T-495 in the Espirito Santo Basin.
Petsec to Operate Yemen's Block 7 After Acquiring Oil Search's Local Unit
Friday, April 17, 2015 Petsec Energy takes over as operator of Block 7 in Yemen after increasing its stake in the permit through acquisition of Oil Search's Yemeni subsidiary.

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Production

Cooper Energy Prepares for Production Test at Bunian-3 ST2 Well in Sumatra
Tuesday, April 21, 2015 Cooper Energy prepares for production testing at Bunian-3 ST2 development well in Sukananti KSO in South Sumatra, Indonesia.
ONGC Fights Fire at Olpad-31 Gas Well in India, 12 Injured
Monday, April 20, 2015 ONGC engages Boots & Coots for help in controlling a fire that broke out Saturday at Olpad-31 gas well near Surat in India which injured 12 persons.
Interra Completes CHK 1196 Well in Myanmar's Chauk Field as an Oil Producer
Monday, April 20, 2015 Interra Resources completes CHK 1196 development well in Chauk field in Myanmar as an oil producer.
Norway's Minister of Petroleum Opens Valemon Field
Friday, April 17, 2015 Norway's Valemon field is officially opened.
Nervesa Gas Field Gets Environmental OK
Friday, April 17, 2015 Sound Oil says it is set to receive the go-ahead to produce from its Nervesa gas field in northern Italy after getting environmental approval from the Veneto region.
Santos Expects First LNG from Queensland's GLNG Project in 3Q 2015
Friday, April 17, 2015 Santos expects first LNG from Australia's GLNG project in third quarter 2015 as the development in Queensland is nearly 95 percent complete.
RISC Releases Resource Report for Oilex-Operated Cambay Field in India
Friday, April 17, 2015 Oilex provides details of an independent resource report by RISC on gas and condensate reserves estimates for the Cambay field in Gujarat, India.

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Finance and Investing

BG to Alter Financial Reporting to Reflect Brazil, Australia Growth
Tuesday, April 21, 2015 Gas producer BG Group plans to adjust its financial reporting to better reflect the growing importance of its Brazilian and Australian operations.
UAE's TAQA Slashes Capex Plans, Dividend, After Big 4Q Loss
Wednesday, April 01, 2015 Abu Dhabi National Energy Co (TAQA) says it would slash its capital expenditure plans and costs after posting big losses in the fourth quarter on lower oil prices.
Total Seeks Arbitration Over Uganda Tax Dispute
Tuesday, March 31, 2015 Total is seeking international arbitration over a tax disagreement with Uganda which could further delay crude oil production in the east African country.
Delek Moves to 4Q Loss on One-Off Items, Delays London Listing
Tuesday, March 31, 2015 Israeli energy company Delek Group reports a net loss in the fourth quarter, weighed down by one-time capital losses and writedowns from the divestment of assets.
Peru's State Oil Company Says Scraps Plan For 2015 Share Offer
Monday, March 30, 2015 Petroperu will not go through with a previously announced plan to sell shares on the local stock market this year, the firm's president German Velasquez says.
US Shale Oil Firms Raise Enough Equity To Avoid Loan Reset Squeeze
Tuesday, March 24, 2015 A surge in equity issuance so far this year by oil and gas companies has surprised many who in December thought the price drop would hurt the ability of producers to tap capital markets.
Tullow Gets $450M Lending Boost from Creditors, Shares Climb
Friday, March 20, 2015 Africa-focused oil producer Tullow Oil raises an additional $450 million of capital from existing lenders, boosting its financial strength despite weak oil prices and sending shares higher.

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Company Operations

BP Readies Defenses as Oil Industry Responds to Shell?s BG Raid
Tuesday, April 21, 2015 As the oil industry takes stock of Shell?s $70 billion move for BG, one company has more to chew on than most. BP is now thinking what was once unthinkable: that it could be next in the cross-hairs.
OPITO Enters into China's Oil, Gas Training Provider Sector
Tuesday, April 21, 2015 OPITO marks entry into China with the accreditation of Shenzhen Safeway Technology Service in Guangdong Province.
Encana Says to Explore Sale of Haynesville Gas Properties
Monday, April 20, 2015 Encana is seeking buyers for its natural gas properties in Louisiana as it focuses on drilling for oil and other liquids in Texas and Canada, according to sources.
Lundin Appoints New Operations VP
Monday, April 20, 2015 Sweden's Lundin Petroleum appoints Nick Walker to head development and operations.
Venezuela Wants Oil Firm Harvest Out, If It Can Find Deep-Pocketed Buyer
Monday, April 20, 2015 Venezuela would prefer Harvest Natural Resources to leave the country, but wants it to sell a project stake to a company with financial muscle to make major investments, PDVSA says.
Laggan-Tormore Project Causes More Woe for Petrofac
Monday, April 20, 2015 Petrofac incurs a further $195 million loss after adverse weather conditions and industrial action cause delays on the Laggan-Tormore gas plant project in the Shetlands.
Reliance's 4Q FY15 Oil, Gas Revenue Declines 10.2% to $402.8M
Monday, April 20, 2015 Reliance's oil and gas revenue declines 10.2 percent in the fourth quarter of 2015 to $402.08 million, down from $447.68 million a year ago.
Atwood Osprey's Drilling Contract Shortened by a Year
Monday, April 20, 2015 Atwood Oceanics reports that Atwood Osprey's current drilling contract has been shortened by a year.
Keppel O&M Records 1Q 2015 Net Profit of $150.4M, Down 12% YOY
Friday, April 17, 2015 Keppel Offshore & Marine posted a net profit of $150.4 million in the first quarter of 2015, down 12 percent from a year ago.
Schlumberger Impresses With Cost Cuts, Resilient Margins
Friday, April 17, 2015 Schlumberger reports a smaller-than-expected fall in 1Q margins as it continues to execute tight cost controls to combat a decline in drilling activity.

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