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Petronas Inks Agreements with Pemex, YPF to Grow Business in Americas
Monday, September 29, 2014 Petronas inks agreements with Pemex and YPF to grow its business in the Americas.
Merkel Says May Be Necessary To Rethink EU Energy Partnership With Russia
Monday, September 29, 2014 German Chancellor Angela Merkel says there were good reasons to continue EU's energy partnership with Russia for the time being but that might change.
Kommersant: ExxonMobil Suspends Cooperation with Rosneft on Arctic Project
Monday, September 29, 2014 ExxonMobil is suspending cooperation with Rosneft on offshore drilling in the Arctic due to sanctions, Kommersant reports, citing unnamed sources.
Encana Buying Athlon Energy For $5.93 Billion
Monday, September 29, 2014 Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin.
US Crude Rises On Economic Data, Strong Products Market
Monday, September 29, 2014 US crude oil rises backed by strong US economic data, and Brent edges up after nearing a two-year low last week.
Kemp: Time For A Good Sweating In The Oil Market
Monday, September 29, 2014 US demand for petroleum products has experienced a decline over the last 8 years as soaring oil prices have forced consumers to become more efficient and seek cheaper alternatives.
Talisman Energy Progresses Development of Vietnam, Malaysia Assets
Friday, September 26, 2014 Talisman Energy is proceeding to develop its upstream assets in Vietnam and Malaysia, while progressing the Stanley project in Papua New Guinea.
Russia Moves To Take Control Of Oil Firm From Billionaire
Friday, September 26, 2014 Russia moves to take control of an oil company from oligarch Vladimir Yevtushenkov.
Shell's Roxana Davis Shares Her Advice on How to Build a Rewarding Career
Friday, September 26, 2014 Roxana Davis, general manager of Integrated Gas Hydrocarbon Management with Shell, shares her tips for a rewarding career.
Brent Steady, US Crude Up On Supportive Economic Data
Friday, September 26, 2014 Brent crude futures end flat as improving supply and concerns about tepid demand for oil in Europe and China offset concerns about the Middle East conflicts.
Coming Change in UK Drilling Laws a Benefit to Oil, Gas Producers
Friday, September 26, 2014 A likely change in fracking laws could save producers money and speed-up the extraction process.
Monitoring Group: Air Strikes Hit Oilfields & Islamic State Bases in Syria
Friday, September 26, 2014 Air and missile strikes, thought to be carried out by U.S.-led forces, hit oilfields and Islamic State bases in the eastern Syrian province of Deir al-Zor overnight and early Friday, a monitoring group says.
Iran Urges OPEC To Stop Oil Slide, Gulf Members Relaxed
Friday, September 26, 2014 Iran urges OPEC members to make joint efforts to keep oil prices from falling further.
Energy Minister: PNG Wants Total To Develop Disputed Gas Field
Thursday, September 25, 2014 Papua New Guinea wants Total to lead construction of a new LNG export project drawing gas from a disputed field, the country's energy minister says.
Chinese Yards Eye SBI's $1B Jackup Contract, Gain Ground in Newbuild OSVs
Thursday, September 25, 2014 Chinese yards eye a $1 billion jackup contract from SBI Offshore, while gradually establishing themselves in the newbuild offshore support vessel market.
Mexican Cartels Steal Billions From Oil Industry
Thursday, September 25, 2014 As Mexico prepares to develop shale fields and attract foreign investors, another challenge awaits: taming the brutal drug cartels that are stealing billions of dollars' worth of oil from pipelines.
Oil Flat On Strong Dollar, Abundant Supplies
Thursday, September 25, 2014 Brent crude oil prices hold steady while US crude dips slightly in choppy trading.
Better Communication Needed About Benefits of Fracking
Thursday, September 25, 2014 Poll results indicate that the public is often unaware that fracking creates jobs and stimulates economic growth.
US Oil Industry Group API Issues Guidelines For Crude By Rail
Thursday, September 25, 2014 The API issues guidelines for moving crude oil by rail, the latest response to a string of fiery derailments in the United States and Canada that has raised calls for reform.
Petronas Chief Warns It Could Pull Out Of Canada LNG Project
Thursday, September 25, 2014 Petronas says it could pull out of its $10 billion LNG project in Canada due to what it sees as the country's slow progress on a new taxation scheme.
UT Austin: Action Plans, Energy Initiatives Develop Talent, Expand Research
Wednesday, September 24, 2014 The University of Texas System's new plans are designed to increase engineers, while recent initiatives at UT Austin broaden the focus on energy.
Brent Rebounds, US Crude Gains As Spread Dips Below $4
Wednesday, September 24, 2014 Crude oil futures on both sides of the Atlantic settle higher, shrugging off early losses.
US Judge Rejects BP Bid To Recoup Some Payments Made For Spill
Wednesday, September 24, 2014 BP cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, a US judge rules.
Brazilian Tycoon Charged With Market Manipulation
Wednesday, September 24, 2014 Federal prosecutors in Sao Paulo have charged Brazilian tycoon Eike Batista with manipulating the stock market and causing billions of dollars in losses.
PDVSA Asset Sales May Shield Venezuela From Possible Seizures
Wednesday, September 24, 2014 PDVSA's rushed move to sell units raises questions whether Venezuela wants to reduce international exposure to avoid potential asset grabs in the event companies win arbitration cases against the country.
Denmark's Maersk Drilling CEO Sees Slow Deepwater Rig Market In 2014, 2015
Wednesday, September 24, 2014 Maersk Drilling Chief Executive Claus Hemmingsen talks at the sidelines of AP Moller-Maersk's annual capital markets day.
Canadian PM Says US Will Approve Keystone XL Pipeline Eventually
Wednesday, September 24, 2014 Logic dictates that the US will one day approve the northern leg of TransCanada's controversial Keystone XL crude oil pipeline, Canadian Prime Minister Stephen Harper tells an audience.
Musings: Challenges Of Shale-Driven Boom - Will It Last For Long?
Wednesday, September 24, 2014 Troublesome current North Dakota drilling and production data may be signaling that the dreaded treadmill effect may be starting.
Engineering Students Rank Shell in Top 10 of World's Attractive Employers
Tuesday, September 23, 2014 Over 100,000 engineering and IT students were asked who they would consider their ideal employer and the results put Shell in the top 10 for a second year running.
Indonesia's Widodo Unveils Energy Action Plan, to Halt Petral Oil Trading
Tuesday, September 23, 2014 Indonesian president-elect Joko Widodo plans to halt operations at Pertamina's energy trading unit Petral to allow for an audit of its operations as part of efforts to fight alleged fuel smuggling and corruption, a senior adviser to Widodo says.
North Dakota Oil Producers Resist Wholesale Safety Overhaul
Tuesday, September 23, 2014 Hess and other major North Dakota oil producers tell top state energy regulators that existing field practices used to prepare Bakken crude for rail transport are safe.
Australia Energy Industry Blueprint Sees Large Scale Deregulation
Tuesday, September 23, 2014 Australia says it wants to dramatically deregulate its energy industry, boost domestic gas supply and cut renewable energy subsidies as it prepares to ramp up exports of liquefied natural gas.
Brent Oil Falls As Glut Outweighs Mideast Turmoil; US Oil Up
Tuesday, September 23, 2014 Brent crude oil inches lower as ample global supplies outweigh tensions in the Middle East, while US oil bounces higher after four sessions of losses.
Wood Mackenzie: US Tight Oil Technology Could Boost Output by 25%
Tuesday, September 23, 2014 There continues to be great potential for surprises to the upside in production of US tight oil according to Wood Mackenzie's latest analysis.
Norway Government to Outline Sverdrup Project Plan in Early 2015
Monday, September 22, 2014 The Norwegian government said on Monday it would outline plans in spring next year regarding the electrification of the $20 billion Johan Sverdrup oil field in the North Sea.
Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears
Monday, September 22, 2014 Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics say.
Oil Prices Fall on Sluggish Demand, Ample Supply
Monday, September 22, 2014 Crude oil futures fall as ample supply and slowing economic growth in Europe and China outweigh expectations of a cut in oil output from OPEC.
Minister: Asian Firms To Replace Western Energy Majors If They Leave Russia
Monday, September 22, 2014 Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.
Total To Sell More Assets, Cuts Oil Output Target
Monday, September 22, 2014 Total plans to sell off assets, cut investments and reduce operating costs to deliver on a promise of generating $15 billion in free cash flow in 2017.
Significant Water Recycling Achieved in Eagle Ford
Friday, September 19, 2014 A partnership between Dow and Omni Water Solutions allows for the treatment of over 725,000 barrels of water at an oil and gas project in South Texas' Eagle Ford play.
Oil Companies Eye Crude Price Drop But Keep Drilling
Friday, September 19, 2014 A 13% slide in crude oil prices since June has eroded some of the allure of drilling US shale resources and raised investor concerns, but companies push ahead.
Key Oil, Gas Figures Welcome Scotland's 'No' Vote
Friday, September 19, 2014 Scottish oil services tycoon Sir Ian Wood and Shell CEO Ben van Beurden welcome Scotland's vote against independence.
Billionaire Fredriksen's Partner Quits Rig Firm Seadrill, Shares Fall
Friday, September 19, 2014 Tor Olav Troeim, who until recently was referred to as the right-hand man of big Seadrill shareholder John Fredriksen, will not seek reelection to the board of Seadrill.
Wartsila Covers The Full Scope Of Making Gas A Viable Fuel
Friday, September 19, 2014 The general consensus of predictions is that the demand for natural gas will grow at a steady rate over the coming few years.
US Crude Falls On Worries About Glut, Brent Gains
Friday, September 19, 2014 US crude oil and Brent trade in opposite directions as a sell-off ahead of Monday's expiration.
Republican Senator Says 2015 Could Be Time For US Oil Export Bill
Thursday, September 18, 2014 The top supporter in the US Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.
Australia Appoints Stuart Smith as New CEO of NOPSEMA
Thursday, September 18, 2014 The Australian government appoints Stuart Smith as CEO of the National Offshore Petroleum Safety and Environmental Management Authority to succeed Jane Cutler.
Petronas Still Eyeing Year End For Canada LNG Investment Decision
Thursday, September 18, 2014 Petronas unit plans to make a final decision on the construction of a LNG facility in northwest British Columbia by year end.
Oil Falls On Supply Glut And Strong Dollar
Thursday, September 18, 2014 Crude oil falls, pressured by ample supply, concerns about demand growth and a stronger US dollar.
Chevron Meets New, Voluntary Shale Drilling Rules
Thursday, September 18, 2014 Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia.
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