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Acting Libya Oil Minister Shakmak Says to Resign
Wednesday, August 20, 2014 Libya's acting oil minister, Omar Shakmak, says he will resign following a request by the country's prime minister.
Lobby Group: Norway's Politics Threatens Oil Competitiveness
Wednesday, August 20, 2014 High taxes and 'political meddling' in oil and gas projects threatens the competitiveness of Norway's offshore energy sector, says the Norwegian Oil and Gas Association.
Wood Mackenzie: 3rd Wave of US Shale to Show Europe the Way Ahead
Wednesday, August 20, 2014 Wood Mackenzie believes the third phase of unconventional oil and gas development in the US could show the way ahead for shale gas and oil projects in Europe.
Cashed-up Woodside Petroleum Sees Juicier M&A Prospects
Wednesday, August 20, 2014 Woodside Petroleum, armed with $4.3 billion to spend to fill a gap in its growth prospects, sees the chance of snaring an acquisition improving as rivals step up asset sales and competing bidders dwindle.
Rigzone's CV/Resume Dos and Don'ts
Tuesday, August 19, 2014 Rigzone talks to three recruitment professionals about how best to prepare your CV (or resume) for a job in the oil and gas industry.
Norway To Award Oil Licenses In New Offshore Areas In 2016
Tuesday, August 19, 2014 Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, the oil and energy ministry says.
Delegates: OPEC Unruffled By Oil Price Slide, Sees Market Rebound
Tuesday, August 19, 2014 OPEC is not worried about a slide in oil prices towards $100 a barrel, delegates from the producer group say.
US Shale Presence Helps John Wood Group's Core Profit
Tuesday, August 19, 2014 John Wood Group is banking on its presence in the US shale industry to drive growth.
Lithuania Fires Energy Minister, Risks Upsetting Poland
Tuesday, August 19, 2014 Lithuania's President Dalia Grybauskaite sacks her ethnic Polish energy minister in a row that could affect talks with Poland over the future of the Baltic state's only oil refinery.
Maersk To Buy Back Shares For First Time, Earnings Rise
Tuesday, August 19, 2014 Moller-Maersk announces the first share buy-back in its 110-year history as an overhaul of the sprawling shipping and oil empire leaves it with more cash than it can usefully invest.
Report: Canada Railway Audit Inadequate Before Lac-Megantic Disaster
Tuesday, August 19, 2014 The Canadian government did not adequately audit the railroad company at the center of the Lac-Megantic crude tanker disaster, the Transportation Safety Board of Canada says.
US Crude Sinks For Second Day Ahead Of Contract Expiry
Tuesday, August 19, 2014 US crude oil falls for a second straight day as a rush of selling ahead of the session close brings the contract to its lowest price since January.
Douglas-Westwood: Iran's Persian Promise
Monday, August 18, 2014 Douglas-Westwood discusses "Iran's Persian Promise" in its latest commentary.
Brent Crude Hits New 14-Month Low As Supply Risks Ease
Monday, August 18, 2014 Brent crude oil sheds nearly $2 a barrel to reach its lowest price in over a year as investor concerns over conflict in Ukraine and Iraq ease.
Sanctioned Rosneft's Norway Work Goes Ahead With Statoil
Monday, August 18, 2014 Kremlin-controlled Rosneft said it is working with Statoil to search for oil and gas off Norway, partnering a Western company despite sanctions.
Aquino Says Chinese Survey Ships Seen In Philippine Waters
Monday, August 18, 2014 Philippine President Benigno Aquino says two Chinese survey vessels have been sighted in a gas-rich area of its exclusive economic zone.
Energy Recruiting: Q&A with NES Global Talent's Futures Academy Director
Monday, August 18, 2014 NES Global Talent is developing recruiting talent to help energy companies acquire new workers.
Carbon Tracker: Billions in Oil Investments at Risk from Low Crude Prices
Friday, August 15, 2014 More than half a trillion dollars of investments in major oil projects over the next decade are at risk from high costs and low crude oil prices, an environmental think tank says, warning that shareholders' returns could suffer.
Mexico's Pemex Poised To Import Light Crude From US
Friday, August 15, 2014 Pemex is poised to abandon a decades-old devotion to self-sufficiency in crude oil, entering talks with US companies about importing light crude from its northern neighbor.
Kemp: Petroleum Producers Shift Attention From Middle East
Friday, August 15, 2014 Following four decades of war, sanctions, nationalization and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East.
Oil Jumps Up After Ukraine Says Hit Russian Armored Force
Friday, August 15, 2014 Brent and US crude futures jump more than $1 a barrel on news that Ukraine forces had engaged a Russian armored column on Ukrainian soil.
Thailand Aims to Liberalise Gas Pipeline Business by Mid-2015
Friday, August 15, 2014 Thai government plans to liberalize the country's gas pipeline business by the middle of 2015.
New Model Needed for Oil, Gas Data Communications
Friday, August 15, 2014 The increasing remoteness of global O&G exploration and production and number of devices and applications collecting data has created the need for a new distributed architecture for remote technologies.
ConocoPhillips Reaches Out To Put Veterans to Work
Thursday, August 14, 2014 ConocoPhillips works with recruiters for military veterans to find workers wanting a career in the oil and gas sector.
Colorado Fracking Task Force Faces Big Task, Mixed Reception
Thursday, August 14, 2014 Colorado Gov. Hickenlooper's task force seeks to allay energy industry concerns while protecting the environment.
Brent, US Crude Shed $2; Oil ETF Shares Slide
Thursday, August 14, 2014 Crude oil prices fall more than $2 a barrel on both sides of the Atlantic.
Shell Sells More US Gas Assets Amid Cost Cutting Drive
Thursday, August 14, 2014 Shell announces the sale of onshore US shale gas assets as the energy company restructures its North America production and reins in costs.
Russian Oil Giant Seeks Funds Earmarked For Pensions
Thursday, August 14, 2014 Rosneft is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.
US Energy Dept Finalizes Overhaul Of Natural Gas Export Reviews
Thursday, August 14, 2014 The US Energy Department finalizes a plan to revamp its process for approving LNG exports, and as originally proposed the changes eliminate conditional approvals for LNG projects.
Total Says Cut Staff In Iraqi Kurdistan
Thursday, August 14, 2014 Total reduces its personnel working in the autonomous Kurdistan region of Iraq, although work on the two oil blocks it operates continued as scheduled.
India's ONGC 1Q Profit Hurt By Write-Offs, Subsidy Payment
Wednesday, August 13, 2014 ONGC posted a 19% jump in 1Q profit, but fell short of expectations, hurt by higher exploration related write-offs and an increased subsidy payment.
Siemens PLM Software Offers Solutions to Asia Pacific Yards, Regional Views
Wednesday, August 13, 2014 Siemens PLM Software eyes business growth in Asia Pacific, with the firm offering its software solutions to shipyards in the region.
EU Regulators Say Germany, Others In Breach Of Energy Law
Wednesday, August 13, 2014 EU regulators begin legal proceedings against 24 member states, including Germany, for failing to enforce a law on energy efficiency, the European Commission says.
Brent Rises On Supply Risks, US Crude Down As Stockpiles Build
Wednesday, August 13, 2014 Brent crude oil rises by nearly $1 per barrel in choppy trading, recovering from a 13-month low as turmoil in Iraq and Libya keep concerns about potential supply disruptions in focus.
Liberia Looks Ahead With New Oil Bid Round
Wednesday, August 13, 2014 Liberia is inviting international companies to bid for offshore oil production licenses as it grapples with an Ebola fever outbreak.
Mexico Hopes To Lure $50.5B In Historic Oil Tender
Wednesday, August 13, 2014 Mexico energy regulator says it will assign oil and gas E&P contracts to foreign and private companies between next May and September under a major sector overhaul.
BSEE: Better Standards Needed to Address Bolt, Connector Performance
Tuesday, August 12, 2014 Existing industry standards to not adequately address bolting/connector performance in subsea marine applications, according to the findings of a recent BSEE report.
Texas Energy Company Says Worker Slaying Isolated
Tuesday, August 12, 2014 Apache says it believes the killing of one of its supervisors in the western Egyptian desert in a carjacking was an isolated incident.
Brent Falls To 13-Month Low On Demand Concerns, Ample Supply
Tuesday, August 12, 2014 Brent crude oil falls to a 13-month low as increased OPEC production helps dampen concerns over potential supply disruptions in Iraq and Libya.
Alaska's New Oil Tax Faces Repeal Vote During State Primary
Tuesday, August 12, 2014 Alaskans will vote on Aug. 19 to repeal or uphold a new law that cut taxes on oil production.
Douglas-Westwood: 'Australian LNG - A Lost Cause?'
Tuesday, August 12, 2014 Douglas-Westwood discusses "Australian LNG - A Lost Cause?" in its latest DW Monday's commentary.
Shell To Cut 250 Onshore Jobs At Its Scotland North Sea Operations
Tuesday, August 12, 2014 Shell plans to cut around 250 jobs at its onshore North Sea oil operations in Aberdeen as part of a business restructuring program.
Talisman Energy: Readying Iraqi Kurdistan Assets For Sale
Tuesday, August 12, 2014 Talisman says it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite conflict in the area.
Musings: Era of Austerity - The EIA Recognizes Importance of Profits
Tuesday, August 12, 2014 The EIA has recognized that the shale revolution has led to a deterioration in the balance sheets of oil and gas companies. What further industry changes will be driven by the Era of Austerity?
Surveys Give Mixed Picture of Support for UK Shale Gas
Tuesday, August 12, 2014 Two surveys released this week give a mixed picture of the UK public's attitude to the development of a shale gas industry in the country.
Mexican President Signs Landmark Energy Legislation Into Law
Monday, August 11, 2014 President Enrique Pena Nieto signs a package of laws setting out the fine print of a landmark energy reform.
After Offshore Oil Failure, Cuba Shifts Energy Focus
Monday, August 11, 2014 Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells, industry sources say.
Oil Exploration in Kurdistan Halted Amid Violence
Monday, August 11, 2014 Hess Corp. is latest oil firm to suspend operations in Iraqi Kurdistan, as Kurdistan Regional Government halts exploration activities near potential combat zones.
Oil Billionaire Hamm Sold Superior Energy Stake Citing Weak Returns
Monday, August 11, 2014 Harold Hamm recently sold his remaining stake in Superior Energy Services saying the stock wasn't providing the financial returns he'd hoped for, he told a court during his divorce trial.
Kinder CEO Sees Acquisition Opportunities; Units Soar
Monday, August 11, 2014 Kinder Morgan Inc. as a combined company will have the opportunity to make sizable acquisitions, Rich Kinder says.
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