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Wednesday, June 19, 2013 - The Cypriot cabinet approves plans to sign for a deal with a US-Israeli partnership to build an LNG plant on the island to exploit untapped energy riches.
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- TOP STORIES
- COMMENTARY: An Obama-Buffett Connection Could Keep Crude Rolling by Rail
- Canada Raises Liability for Offshore Atlantic, Arctic Operators
- Mexico's Pemex Evacuates Offices after Threat
- Crude Oil Slightly Lower After Fed Statement, Inventory Data
- Survey: Commodity Prices Remain Primary Concern for Upstream
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Most Popular News
- Statoil Strikes Oil Offshore Newfoundland
- Ichthys LNG Project Cuts First Steel for Hull of FPSO
- Canada Raises Liability for Offshore Atlantic, Arctic Operators
- Drilling at Bianchi-1 Gas Appraisal Continues in WA-49-R
- Ophir Spuds Starfish Well Offshore Ghana
- Otto Updates Drilling Ops at Galoc Phase II Development
- Mexico's Pemex Evacuates Offices after Threat
- Karoon Engages CGGVeritas for 3D Seismic Survey in Permit WA-482-P
- CNPC Starts Building First Shale-Gas Pipeline in Sichuan
- EMGS, TGS Collaborate on Barents Sea 3D Seismic Project
- Two People Killed in Dutch North Sea
- Marathon Oil CEO Cazalot to Retire; Replaced by ExxonMobil's Tillman
- Support Vessel Collides into Offshore Platform in GOM
- US Oil Production Could Hit 10 MMbopd by 2040
- North Dakota Oil, Gas Production Hits All-Time High in April
- Statoil: Global Oil Demand Will Hit 100 MMbopd by 2040
- Struggling for Cash, ATP Abandons Gomez Oil Drilling Field
- NASA, Astro Technology Develop Offshore Fiber-Optic Technology
- Oil Spill Response Limited Opens Singapore Base
- US Not Immune from Saudi Oil Export Disruption
- Will Saudi Arabia Allow the U.S. Oil Boom?
- North America's Ten Most Wanted Degrees in 2013
- Five US States Help Boost US Oil Production
- Chevron Plans to Invest $36.7B in 2013, 90% to Fund Upstream Activities
- Twelve Missing After Chevron-Contracted Tugboat Sinks Off Nigeria
- Two People Killed in Dutch North Sea
- Occidental CEO Discussed Potential Sale of Overseas Assets, Spinoff
- U.S. Oil Boom Scrambles Mideast Calculus
- Recruiter Sees Uptick in US Shale Play Hiring
- OPEC Divided Over US Oil Boom
- North America's Ten Most Wanted Degrees in 2013
- Will Saudi Arabia Allow the U.S. Oil Boom?
- Could Philadelphia Become 'Cushing East'?
- Recruiter Sees Uptick in US Shale Play Hiring
- Electrical Safety Growing Focus for Oil, Gas Industry
- OPEC Divided Over US Oil Boom
- U.S. Oil Boom Scrambles Mideast Calculus
- Occidental CEO Discussed Potential Sale of Overseas Assets, Spinoff
- Will The Promise of Mexican Energy Reform Be Realized?
- Chevron Plans to Invest $36.7B in 2013, 90% to Fund Upstream Activities
Industry Headlines
COMMENTARY: An Obama-Buffett Connection Could Keep Crude Rolling by Rail
Wednesday, June 19, 2013 There is no doubt that every day Keystone XL is delayed, Berkshire Hathaway - controlled by major Democrat donor Warren Buffett - makes a lot of money.
Wednesday, June 19, 2013 Canada raises the absolute liability for oil and gas companies operating offshore eastern Canada to $30B and for Arctic operators to $1B.
Mexico's Pemex Evacuates Offices after Threat
Wednesday, June 19, 2013 A threat received by Petroleos Mexicanos on Tuesday was a false alarm, it said. It had earlier evacuated its Mexico City headquarters.
Wednesday, June 19, 2013 The Cypriot cabinet approves plans to sign for a deal with a US-Israeli partnership to build an LNG plant on the island to exploit untapped energy riches.
Crude Oil Slightly Lower After Fed Statement, Inventory Data
Wednesday, June 19, 2013 US crude futures settle slightly lower, as traders weigh the Federal Reserve's latest assessment of the US economy and data on US oil inventories.
Tuesday, June 18, 2013 Zarubezhneft is ending its current drilling campaign in Cuba after an unsuccessful six-month program.
Some Production Resumes at North Sea Oseberg Oil Field
Tuesday, June 18, 2013 Partial production resumes at the Oseberg oil-field center in the Norwegian North Sea following the activation of a gas alarm.
Total, CNPC to Develop O&G Assets in Tajikistan
Tuesday, June 18, 2013 Total and China National Petroleum Corporation have agreed a deal with Tethys Petroleum to develop oil and gas assets in Tajikistan.
Nymex Crude Settles at Nine-Month High Ahead of Fed Move
Tuesday, June 18, 2013 Crude-oil futures settles at a nine-month high, rallying in anticipation that the Federal Open Market Committee will keep stimulus efforts unchanged.
more Industry Headlines articles >>
Exploration
EMGS, TGS Collaborate on Barents Sea 3D Seismic Project
Wednesday, June 19, 2013 Survey firms EMGS and TGS are investing in a 3D electromagnetic multi-client survey program covering 11 blocks in the Hoop area of the Barents Sea.
Ophir Spuds Starfish Well Offshore Ghana
Wednesday, June 19, 2013 Ophir Energy starts drilling its first well offshore Ghana.
Karoon Engages CGGVeritas for 3D Seismic Survey in Permit WA-482-P
Wednesday, June 19, 2013 Karoon engages CGGVeritas Services to conduct a marine 3D seismic survey over permit WA-482-P in the offshore northern Carnarvon Basin.
Wednesday, June 19, 2013 Statoil reports that initial drilling results at the Harpoon prospect are very encouraging for Statoil's drilling plans offshore Newfoundland this year.
SAGW-4 Well in Kazakhstan Hits Oil
Tuesday, June 18, 2013 Max Petroleum reports that its SAGW-4 in Kazakhstan has identified 65 feet of new hydrocarbon pay.
Coastal Energy Updates Recent Exploration Drilling off Thailand
Tuesday, June 18, 2013 Coastal Energy gives an update on the drilling of the Bua Ban North B-17 and Ko Kra A-01 exploration wells off Thailand.
more Exploration articles >>
Production
GE Clinches EPC Work for Statoil's Snohvit Field
Wednesday, June 19, 2013 GE Oil & Gas announces it has been awarded an engineering, procurement and construction (EPC) contract from Statoil.
Technip Bags Major Contract for Petrobras Field
Wednesday, June 19, 2013 Technip announces it was awarded a major contract for the supply of flexible pipes for the Iracema Sul field by Petrobras.
Wednesday, June 19, 2013 China National Petroleum Corp. has started building its first pipeline dedicated to shale-gas distribution in southwest Sichuan province.
Aker Delivers First Subsea Gas Compression Facility
Tuesday, June 18, 2013 Aker Solutions delivers the steel frame for the world's first subsea gas compression facility to be installed at the Statoil-operated ?sgard field.
Development Drilling Starts on Stella Field
Tuesday, June 18, 2013 Ithaca Energy begins development drilling operations on the Stella field in the North Sea.
AusGroup's Subsidiary Bags Contract for Gorgon Project
Tuesday, June 18, 2013 AusGroup's subsidiary MAS Australasia Ltd. bags a scaffolding services contract from CB&I and Kentz Joint Venture for the Gorgon Project off Australia.
Successful Flowtest for Black Elk Energy's Ship Shoal Well
Monday, June 17, 2013 Black Elk Energy reports a successful flowtest at Ship Shoal Block 198 Well #I-6.
Monday, June 17, 2013 North Dakota's Department of Mineral Resources reports that the state's oil and natural gas production reached a new record high in April thanks primarily to Bakken and Three Forks activity.
more Production articles >>
Finance and Investing
Monday, June 17, 2013 Taking advantage of a calmer market ahead of a key Federal Reserve meeting, Chevron is selling $6B in corporate bonds, its largest deal since at least 1995.
Continental Acquires Majority Stake in Visionaire Energy
Wednesday, June 12, 2013 Continental acquires a shareholding stake in Visionaire Energy AS.
Wednesday, June 12, 2013 Venezuela's petroleum industry chamber has proposed the government force banks in the South American country to set aside a percentage of loans for local oil companies and service providers.
Nigeria Seeks $7.8 Billion from Oil Cos in Unpaid, Underpaid Taxes
Tuesday, June 11, 2013 Goodluck Jonathon directed government agencies to recover $7.8B that audits carried out by the NEITI found oil companies operating in the country owed the government in unpaid and underpaid taxes.
Petronas 1Q Net Profit Falls 4.7%; 2013 Profit Likely Flat
Wednesday, June 05, 2013 Petronas says first-quarter net profit slipped 4.7% from a year earlier but 2013 earnings may still be steady on higher output.
Terra Energy to Sell Montney Assets
Tuesday, June 04, 2013 Crew Energy exercises the option to purchase the balance of Terra's Montney assets in northeast British Columbia.
more Finance and Investing articles >>
Company Operations
Tethys Plans to Spend $20M on E&P in 2H 2013
Wednesday, June 19, 2013 Tethys Petroleum outlines its work program for its exploration and production activities in Kazakhstan during the second half of 2013.
Ichthys LNG Project Cuts First Steel for Hull of FPSO
Wednesday, June 19, 2013 Ichthys LNG Project cuts first steel for the hull of its FPSO facility at Daewoo Shipbuilding & Marine Engineering's Okpo yard in South Korea.
Otto Updates Drilling Ops at Galoc Phase II Development
Wednesday, June 19, 2013 Otto provides an update of drilling at the Galoc Phase II development.
Drillinginfo Creates Data, Analytics 'Powerhouse' with Latest Acquisition
Wednesday, June 19, 2013 Drillinginfo acquires Transform Software & Services, creating a powerhouse that will deliver billions of dollars in exploration and production value and productivity gains for energy producers.
Drilling at Bianchi-1 Gas Appraisal Continues in WA-49-R
Wednesday, June 19, 2013 Tap Oil updates results from its Bianchi-1 gas appraisal well, which is being drilled in Retention Lease WA-49-R offshore Carnarvon Basin.
Duke Energy Elects Lynn Good as President, CEO
Tuesday, June 18, 2013 Duke Energy announces that the board of directors has unanimously elected Lynn Good as its next president and chief executive officer, succeeding Jim Rogers.
STATS Group Completes Isolation Project on Brent Pipeline
Tuesday, June 18, 2013 STATS Group successfully completes an isolation project on TAQA Bratani's Brent pipeline in the Shetland Islands.
more Company Operations articles >>
