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Dominion Resources, US Partners Sign $5B Pipeline Deal
Tuesday, September 02, 2014 Dominion Resources enters a joint venture with three other US energy companies for a $4.5-$5 billion pipeline that will ship natural gas to North Carolina and Virginia.
Halliburton To Settle US Gulf Spill Claims For $1.1B
Tuesday, September 02, 2014 Halliburton says it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.
Three Mission-Critical Applications of Big Data in Oil, Gas
Tuesday, September 02, 2014 Leaders in the oil and gas industry are already implementing Big Data solutions into their everyday operations and reaping the rewards of this long-term investment.
Tropical Storms Bear Down On Mexico From Both Coasts
Tuesday, September 02, 2014 Severe weather has already forced the closure of two of the major crude oil export terminals used by Pemex.
Oil, Gas Companies Laying Groundwork for the Internet of Things
Tuesday, September 02, 2014 Oil and gas companies are starting to lay the groundwork for the Internet of Things, industry officials tell Rigzone.
Argentina's YPF Reports Fire At Well, Says Energy Output Not Hurt
Tuesday, September 02, 2014 YPF says a fire occurred at a Vaca Muerta well but there were no injuries and production was not affected.
Russia's Putin Orders Gazprom to Start Gas Pipeline Construction to China
Monday, September 01, 2014 President Putin orders the start of construction of Gazprom's 'Power of Siberia' pipeline to China.
Algeria's In Amenas Gas Plant Returning to Normal after Attack
Monday, September 01, 2014 Normal operations resume at a major gas plant in Algeria, 18 months after a raid by Islamist militants killed 40 employees.
Samsung Heavy Industries to Merge with Samsung Engineering
Monday, September 01, 2014 Samsung Heavy Industries will merge with Samsung Engineering Co. to establish a total solution provider for shipbuilding and onshore and offshore services.
Internet of Things Technologies Could Transform Oil, Gas Industry
Monday, September 01, 2014 Internet of Things solutions could transform how the oil and gas industry focuses on safety, efficiency and maintaining operations as the Great Crew Change occurs.
Floating Production Sector Stays Healthy, FLNG Generates More Interest
Monday, September 01, 2014 Global demand for floating production systems remains strong as some industry participants are showing greater interest in floating liquefied natural gas units.
UH Takes Subsea Program to New Heights
Monday, September 01, 2014 Dr. Matt Franchek discusses the University of Houston's Global Subsea University Alliance.
Kemp: Why The Shale Revolution Is Not About To End
Friday, August 29, 2014 Doubts about the sustainability of the North American oil and gas boom center on rapidly declining output from many shale wells after they are initially drilled.
Oil Higher On Ukraine Tensions, Data, But Posts Second Monthly Fall
Friday, August 29, 2014 Crude oil prices post their second straight monthly loss, despite rising on worries that the intensifying Ukraine crisis may trigger more sanctions.
Aviation Logistics: ExxonMobil's PNG Air Bridge
Friday, August 29, 2014 Rigzone talks to Volga-Dnepr about the "air bridge" the Russian aviation logistics firm came up with to help ExxonMobil's Papua New Guinea LNG Project.
Podcast: Back from the Ultimate Field Trip
Friday, August 29, 2014 Rigzone talks to Talbot Kingsbury about his experiences at BP's operations in Alaska and in Chicagoland.
Drilling Furiously: Chinese Energy Giants Turn Upbeat On Shale Gas
Friday, August 29, 2014 Sinopec and PetroChina have upgraded their outlook on China's shale gas industry, citing steadily declining costs, but stopped short of predicting a near-term boom.
PacWest: Considerable Growth Expected for US Shale Formations
Friday, August 29, 2014 Shale plays in the US are expected to show significant growth between 2014 and 2016, PacWest says.
EIA: Tight Oil Stabilizes Brent Crude Prices
Friday, August 29, 2014 Production from US shale formations is making oil imports from OPEC countries less important.
Uganda Ups Oil Reserves Estimate By 85%, Finds Natural Gas
Friday, August 29, 2014 Uganda revises its oil reserves by 85% to 6.5 billion barrels after an appraisal that also showed commercial deposits of natural gas, officials say.
Kemp: Joint Petroleum Development In The South China Sea
Thursday, August 28, 2014 Shared development of oil, gas and possibly other natural resources is the most promising option for reducing tensions in the South China Sea.
Doctor Dies of Ebola In Nigeria's Oil Hub Port Harcourt
Thursday, August 28, 2014 A doctor in Nigeria's oil hub of Port Harcourt has died from Ebola after treating a contact of a Liberian-American man who was the first recorded case of the virus in Africa's most populous country.
New Zealand Pushes Ahead to Grow Upstream Sector, Reap Economic Gains
Thursday, August 28, 2014 New Zealand continues with plans to boost its upstream petroleum sector as it is a potentially important contributor to the local economy.
NHC: Hurricane Cristobal Seen to Become Extratropical Cyclone Late Friday
Thursday, August 28, 2014 Cristobal, the third hurricane of the 2014 Atlantic season, is expected to become a powerful extratropical cyclone over the north Atlantic.
Kemp: Free Cash Flow Says Little About The Future Of Shale
Thursday, August 28, 2014 The independent companies at the forefront of the US shale boom will finally earn enough from selling oil and gas to cover their capital expenditures next year, for the first time since 2008.
Iraq To Appeal US Court Decision On Kurdish Oil
Thursday, August 28, 2014 The Iraqi oil ministry says it would challenge a US court decision that stopped US Marshals from seizing some one million barrels of disputed Kurdish oil docked near Texas.
Feds To Resume Leasing For Fracking In California
Thursday, August 28, 2014 The US Bureau of Land Management will resume issuing oil and gas leases next year for federal lands in California after a new study.
Germany's Energy Transition Dream at Risk of Becoming Nightmare
Wednesday, August 27, 2014 Germany's "Energiewende" (or Energy Transition) dream of pursuing an economy powered by renewables is in danger of turning into a nightmare, says Wintershall exploration and production director.
Musings: Further Proof Of Industry Change Due To Era of Austerity
Wednesday, August 27, 2014 In an Era of Austerity, changes reflect management views of the challenges in dealing with the capital cost/commodity price/investor return trifecta, as they assess business opportunities.
Crude Oil Little-Changed After Oil Inventory Draw, Cushing Build
Wednesday, August 27, 2014 Crude oil futures settle flat after choppy trading, following a report that showed declining US gasoline demand in the world's top oil consumer and a build at the key Cushing storage hub.
Alaska Voters Reject Repeal Of 2013 Petroleum Tax
Wednesday, August 27, 2014 Alaska voters retain a new petroleum production tax system that offers hope of increased investment and jobs but draws criticism as a giveaway to already profitable oil companies.
Chestnut's Plummer: Texas Roads, Infrastructure Need Improving
Wednesday, August 27, 2014 Continued growth in Texas' energy industry requires an investment in the state's infrastructure.
US Energy Boom Better Than Sanctions Against Russia
Wednesday, August 27, 2014 Competition in the form of increased US energy exports is the last thing Russian President Vladimir Putin wants to see, so that's exactly what we should do.
With Romanian Gas, Moldova Seeks Energy Independence From Russia
Wednesday, August 27, 2014 Moldova took a small but symbolic step towards easing its reliance on Russian gas imports when it inaugurated a pipeline that will bring in Romanian gas from next week.
Shell Sells Some Nigerian Onshore Oil Fields
Wednesday, August 27, 2014 Shell says it has reached deals on some of the four Nigerian oil fields it has offered for sale as the oil major pushes ahead with divesting global assets to cut costs.
Texas RRC: Proposals to Amend Fracking Regulations Underway
Wednesday, August 27, 2014 The Texas RRC says amendments to rules affecting fracking disposal wells are being considered.
Developer to Lease Ohio Site for Ethane Cracker
Tuesday, August 26, 2014 Slightly larger but still "less than world-scale," $1 billion integrated ethylene/polyethylene project advances.
Wood Mac: 10B Barrels of Undeveloped Resources on NCS
Tuesday, August 26, 2014 Research firm Wood Mackenzie says there are 10 billion barrels of hydrocarbons on the Norwegian Continental Shelf, of which 60% could be commercialized.
Kemp: East And South China Sea Disputes Need Creative Diplomacy
Tuesday, August 26, 2014 China and the United States appear headed for a damaging confrontation over the extent of China's territorial claims in the South and East China Seas.
Aker Solutions CEO: Oil Sector Should Simplify Tenders To Cut Costs
Tuesday, August 26, 2014 The oil industry could cut down costs by simplifying the process of tendering for contracts, Aker Solutions CEO Luid Araujo says.
US Crude Rises On Supportive Data, Brent Slips
Tuesday, August 26, 2014 US crude rises as supportive US economic data overshadowed concerns about slowed growth in other oil consuming economies and ample global oil supplies.
US Crude Edges Lower In Light Trading On Weak Economic Data
Monday, August 25, 2014 Brent crude oil edges higher while US crude falls in light trading.
AWI Offers Alternative to Conventional Well Intervention
Monday, August 25, 2014 Alternative Well Intervention officials say its technology addresses the safety issues surrounding conventional hydraulic work over and well intervention solutions.
Saudi Aramco Plans To Invest $40B A Year For The Next Decade
Monday, August 25, 2014 Saudi Aramco plans to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production, CEO Khalid Al-Falih says.
Songa Offshore Sees Improved Norway Rig Market From 2H 2015
Monday, August 25, 2014 Songa Offshore says it expected the Norwegian rig market to improve beginning in the second half of 2015 due to lower supply as it posted an unexpected quarterly net loss.
Statoil To Hold Back US Shale Ramp Up
Monday, August 25, 2014 Statoil will only slightly raise its US shale oil and gas output in the near term due to spending curbs, the firm says.
Remote, Gas-Rich Islands On Indonesia's South China Sea Frontline
Monday, August 25, 2014 The word "sleepy" could have been invented for Ranai, the largest town in Indonesia's remote and sparsely populated Natuna archipelago.
Wood Mac: Norwegian Incremental Projects Growing in Importance
Monday, August 25, 2014 Wood Mackenzie shows that favorable project economics compared to greenfield developments are driving incremental projects in Norway's upstream sector.
CEO: OMV Pulls Staff From Kurdistan, Ponders Crimea
Friday, August 22, 2014 OMV withdraws staff from Iraqi Kurdistan and is also waiting on what happens south of Crimea, where the firm has plans with Exxon.
Mexico Launches Special Police Force To Guard Economic Activity
Friday, August 22, 2014 Mexico launches a scaled-back version of a new police force President Enrique Pena Nieto had vowed to create while on the campaign trail to safeguard businesses against rampant organized crime.
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