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Tamarind, Blackstone Form $800M Venture for Upstream Projects in SE Asia
Thursday, July 31, 2014 Newly established Tamarind Energy, in partnership with Blackstone Energy, will focus on growing production and reserves from producing oil and gas fields in Southeast Asia.

Russia's Rosneft, North Atlantic Drilling In $4.25B Drilling Deal
Wednesday, July 30, 2014 Rosneft and North Atlantic Drilling enter a drilling agreement worth up to $4.25B, in line with a previous agreement and despite Western sanctions over Moscow's role in Ukraine.

Oil Prices Tumble On Ample Supply, Weak Demand
Wednesday, July 30, 2014 Oil prices tumble, with Brent leading the decline weakened by excess supplies in Europe and Asia.

Hess To Form MLP For North Dakota Oil, Gas Transport Assets
Wednesday, July 30, 2014 Hess says it will form an MLP for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.

Total Stops Buying Novatek Shares After MH17 Shot Down
Wednesday, July 30, 2014 France's Total stops buying shares in Novatek, but says it is still too early to gauge the impact of western sanctions against Russia.


  



IWCF Launches Online Well Life Cycle Course
Wednesday, July 30, 2014 The International Well Control Forum is urging the oil and gas industry to improve sector workers' basic knowledge of well control as it launches an online course.

Wolfcamp CAPEX Spending to Exceed $12B in 2014
Wednesday, July 30, 2014 Wood Mackenzie estimates that capital spending in the Wolfcamp tight oil play will exceed $12 billion this year.

API Launches New Standard for Subsea Capping Stacks
Tuesday, July 29, 2014 API unveils new guidelines for the design, manufacture and use of subsea capping stacks.

Brent Oil Firm On New Russia Sanctions; US Slips On Refinery
Tuesday, July 29, 2014 Brent crude ends slightly higher as new sanctions on Russia look set to worsen relations between Moscow and the West, while US prices slip after a Kansas refinery fire.

Chesapeake Energy To Buy Back $1.26B Of Preferred Shares
Tuesday, July 29, 2014 Chesapeake says it would spend $1.26B to buy back all the outstanding preferred shares issued by its CHK Utica unit, in a move to simplify its balance sheet.

Libya Says Its Oilfields Are Safe From The Fighting
Tuesday, July 29, 2014 Libya is pumping crude oil at around 500,000 barrels per day and all its oilfields are secure despite continued violence, an official from the Libyan Oil Ministry says.

Mexican Lawmakers Approve Key Plank Of Energy Reform With Tweaks
Tuesday, July 29, 2014 Lawmakers in Mexico's lower house approve a key package of bills needed to implement a landmark energy overhaul.

US Judge Signs Order To Seize Kurdish Oil From Tanker Off Texas
Tuesday, July 29, 2014 Iraq files a suit in a Texan court to gain control of a cargo of crude oil from Iraqi Kurdistan that it says was sold without its permission.

National Oilwell Sees Falling Demand For Deepwater Rigs
Tuesday, July 29, 2014 National Oilwell Varco forecasts falling demand for deepwater rigs, overshadowing robust demand for jackups, used in shallower waters, as well as land rigs.

Survey: Energy Companies to Add 2000 Workers in the Marcellus Shale
Tuesday, July 29, 2014 The Marcellus Shale is providing workers in Pennsylvania and surrounding states with a variety of job opportunities, according to a new workforce survey.

Paper: Russia's Sechin Proposes Profit-based Tax for Oil
Monday, July 28, 2014 Rosneft CEO proposes changing oil taxation to a system based on profit rather than system linked to global oil prices.

Oil Lower on Signs of Excess Supply, Weak Demand in Europe and Asia
Monday, July 28, 2014 Oil prices dip as signs of excess supplies of North Sea and West African crude and weak demand in Europe and Asia offset fears of escalating tensions in Ukraine and the Middle East.

Singapore's Major Offshore Players Hit by Slow Orders, Chinese Competition
Monday, July 28, 2014 Business for Singapore's two largest shipyards has been slow year to date, with the situation exacerbated by intense competition from China.

Kemp: Forecasts for Higher Oil Prices Misjudge the Shale Boom
Monday, July 28, 2014 "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay."

UK Announces 14th Onshore Licensing Round
Monday, July 28, 2014 UK Energy Minister Matthew Hancock announces the country's 14th Landward Licensing Round.

Assessing and Hiring the Best Candidates for Performance and Retention
Monday, July 28, 2014 Weatherford's global director of human resources reveals how oil and gas companies can improve the hiring process.

Tanker Carrying Iraqi Kurdish Oil Anchored off Texas Port
Sunday, July 27, 2014 A tanker carrying crude oil from Iraqi Kurdistan anchors near Galveston, Texas.

Hawaii-based Firm Scaling Up Nanotech for Oil, Gas Apps
Friday, July 25, 2014 Nanotech surface treatment could boost pipeline flow assurance, says exec.

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington
Friday, July 25, 2014 Oil from Iraqi Kurdistan is just two days away from arriving at a US port despite Washington's concern about independent oil sales from the region.

Inside Xi Jinping's Purge of China's Oil Mandarins
Friday, July 25, 2014 Oil executive Jiang Jiemin rose to power in Communist China in time-honored fashion: by hitching his star to a mighty mentor.

Visualization Techniques Enhance Oil, Gas Training, Operations
Friday, July 25, 2014 Oil and gas companies are using 3D animation and imagery to bolster training efforts and to better demonstrate technical concepts and techniques.

Brent Climbs Above $108/bbl on U.S.-Russian Tensions, Supply Fears
Friday, July 25, 2014 Brent oil prices reverses early losses to climb more than $1 a barrel, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market.

Thai Military Delays Finalizing Energy Reform
Friday, July 25, 2014 Thailand's military government will delay finalizing details of energy reform, which could compound uncertainty about the country's oil and gas sector.

U.S. State Department Names Hochstein Acting Energy Envoy
Friday, July 25, 2014 The U.S. State Department names Amos Hochstein as Washington's top energy diplomat, taking over as acting head of the Bureau of Energy Resources.

Q&A: GE's GirlsGetSET Initiative
Thursday, July 24, 2014 Rigzone talks to GE Oil & Gas's Kimberley Kirkham about the GirlsGetSET program to raise awareness among school girls about careers in science, engineering and technology.

Breitburn Energy To Buy QR Energy For $1.46B
Thursday, July 24, 2014 Breitburn Energy agrees to buy QR Energy in a deal to create one of the largest US oil producers structured as a master limited partnership.

Study: Oil, Gas Industry Seeking to Protect Greater Sage-Grouse
Thursday, July 24, 2014 Oil and gas companies are implementing an average of over six conservation measures per project to protect the Greater Sage-Grouse bird on public lands, a study finds.

Husky Energy Profit Rises As Production Increases
Thursday, July 24, 2014 Husky Energy reports a 4% increase in second-quarter earnings, helped by an 8% rise in production.

Oil Falls On Worries About US Gasoline Demand
Thursday, July 24, 2014 The price of oil falls near $102 a barrel, erasing gains from the day before.

Strike Cuts Oil, Gas Output In Argentina's Neuquen Province
Thursday, July 24, 2014 YPF says a labor strike in Neuquen will cut output by 80,000 barrels of crude oil and 3 million cubic meters of natural gas.

UK Proposes New Tax Allowance for Ultra HP/HT Fields
Wednesday, July 23, 2014 HM Treasury announces a consultation on a new "cluster area allowance" to encourage investment in ultra-high pressure, high temperature oil and gas fields.

Lewis: Mexican Shale Will Lure Investment Despite Higher Costs
Wednesday, July 23, 2014 Mexico's vast shale oil and gas potential will attract private investment despite significantly higher operating costs, a top executive with a leading US shale producer says.

EU Says Could Halt Technology for Russia to Develop Arctic Oil, Gas
Wednesday, July 23, 2014 EU should not give Russia technical help to develop Arctic oil and gas if Moscow does not help defuse the Ukraine crisis, says EU Energy Commissioner Guenther Oettinger.

North Sea Super Puma Crash: Lessons Learned
Wednesday, July 23, 2014 Eleven months on from the Super Puma crash in the North Sea that killed 4 offshore workers, steps have been taken that should save lives in the event of a future helicopter ditching.

Crude Oil Rises On Drop In US Crude Inventories, Geopolitical Risk
Wednesday, July 23, 2014 Crude oil futures rise as oil stockpiles in the US fall more than expected and geopolitical tensions in Eastern Europe and the Middle East persist.

Oil Companies Begin Bidding For Blocks In Colombia Auction
Wednesday, July 23, 2014 Colombia begins block auction in an effort to raise output from around 1 million barrels per day and increase stagnant reserves.

US Proposes New Rules For Moving Crude Oil By Rail
Wednesday, July 23, 2014 The US Department of Transportation proposes an overhaul of safety standards for transporting crude oil and ethanol by rail.

Ukraine Says EU Reverse Gas Flows Lower after Gazprom's 'Threats'
Wednesday, July 23, 2014 Ukraine energy minister says reverse gas flows from the European Union to Ukraine fall because of the threats by Russian gas producer Gazprom.

Paper: Putin Mulls End To Gazprom Monopoly On Pipeline Gas Sales To China
Tuesday, July 22, 2014 Russia's president is thinking about allowing gas producers other than Gazprom to export gas from new eastern fields, according to the Vedomosti newspaper.

Syria Says Crisis Has Cost Its Oil Sector $23.5B
Tuesday, July 22, 2014 Syria's oil sector has lost around $23.5 billion due to damage to facilities and pipelines, looting and production delays since the start of the country's crisis in 2011 and output has fallen sharply.

Mexican Senate Approves Bulk Of Pending Energy Legislation
Tuesday, July 22, 2014 Mexico's Senate completes approval of the bulk of legislation setting out rules and regulations for President Nieto's opening of the oil and gas market, the cornerstone of his economic agenda.

Oil Slips As Supplies Flow Despite Conflicts
Tuesday, July 22, 2014 Brent and US crude settle lower after a choppy trading session as oil supplies remain unaffected by continuing violence in Iraq, Ukraine and Gaza.

Analyst: Foreign Investment in US Shale to Continue
Tuesday, July 22, 2014 AlixPartners Dennis Cassidy says the oil and gas industry is midway through the phase of foreign investment in US shale.

S. African Anti-Fracking Group Threatens Legal Challenge
Tuesday, July 22, 2014 A South African anti-fracking group threatens a legal challenge to government plans to grant shale gas exploration licenses in the Karoo semi-desert.

Exxon, Alaska File Permit Request To Export Alaska Natural Gas
Monday, July 21, 2014 ExxonMobil, its partners and the state of Alaska are seeking federal permission to export LNG from a project that includes an 800-mile pipeline cutting across the state from Alaska's North Slope.

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