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Oil Majors Lost One Engine; Now The Second One Is Sputtering
Wednesday, July 27, 2016 - If Big Oil was a two-engine airplane, you could say it's been flying on a single engine since energy prices crashed in 2014. Now, the second motor is sputtering.
BP Draws Line under Deepwater Horizon Liabilities
Tuesday, July 26, 2016 - BP draws a line under its Deepwater Horizon liabilities, with a final estimate of $61.6 billion, as the firm targets growth with a new wave of upstream major project start-ups.
Wood Group CEO: Disappointed by Strike Action, Respects Employees' Choice
Monday, July 25, 2016 - Wood Group workers on Shell platforms are expected to go forward with their strike over pay and working conditions.
Statoil Seeks Standardization to Optimize Offshore Operations
Monday, July 25, 2016 - Statoil's recent agreement with AspenTech illustrates the overall industry trend towards optimizing operations through standardization.
US Shale Gas Shaking Up Global Markets As LNG Trading Surges
Thursday, July 28, 2016 - Shale drillers from Pennsylvania to Texas flooded the U.S. with so much natural gas over the past decade that prices slid to a 17-year low. Now they're going global, with the potential to upset markets from London to Tokyo.
Indonesia President Joko Widodo Names Archandra Tahar as Energy Minister
Wednesday, July 27, 2016 - Indonesia's President Joko Widodo appoints Archandra Tahar as Energy and Mineral Resources Minister in a cabinet reshuffle, replacing Sudirman Said, according to local media.
India-Led Joint Expedition Finds Large Gas Hydrate Deposit in Bay of Bengal
Tuesday, July 26, 2016 - India, with support from U.S. Geological Survey and Japanese government agencies and companies, discovers large amounts of natural gas hydrate in the Bay of Bengal.
Shell to Cut 25% of Deepwater GoM Workforce
Monday, July 25, 2016 - Shell will cut hundreds of jobs in its deepwater Gulf of Mexico operations.
Examining the Rewards and Challenges of Modern Oil and Gas Jobs
Tuesday, July 26, 2016 - Three workers share their unique insights on modern oil and gas jobs.
Ransomware Poses Potential Threat to Oil, Gas Cybersecurity
Thursday, July 28, 2016 - Ransomware could present a future cyberthreat to the oil and gas industry, experts say.


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