News Categories: Industry Headlines News

Wednesday, May 22, 2013 Institute of Directors' report claims investment in the UK shale gas industry could peak at $5.6 billion a year and support 74,000 jobs.

Tuesday, May 21, 2013 Ernest Moniz promises a review of the government's existing studies of nat gas exports, raising the possibility that the US might re-do the analysis that has underpinned previous permit approvals.

Tuesday, May 21, 2013 Five US states besides Texas and North Dakota make a significant contribution to the growth in US oil production.

Tuesday, May 21, 2013 ConocoPhillips announces a contribution to the American Red Cross to support relief efforts following the recent tornadoes in Oklahoma.

Tuesday, May 21, 2013 Chesapeake announces it will make a cash donation of $1M to the American Red Cross to be used in the rescue and recovery efforts to aid the victims of the devastating tornadoes that hit Moore, Oklahoma.

Tuesday, May 21, 2013 A federal judge has dismissed a criminal charge against a former BP executive that alleged he tried to obstruct a Congressional investigation into the Deepwater Horizon incident by lying about the amount of oil flowing from the well.

Tuesday, May 21, 2013 Shell CEO says that the EU probe into oil price manipulation has made no adverse findings against the company.

Tuesday, May 21, 2013 The state has accused companies involved with the oil spill of violating environmental laws and is seeking damages for lost revenue.

Tuesday, May 21, 2013 US crude futures fall, snapping a four-session rally as investors pause ahead of weekly oil-inventory data and testimony from Ben Bernanke.

Tuesday, May 21, 2013 US crude futures fall, snapping a four-session rally as investors pause ahead of weekly oil-inventory data and testimony from Ben Bernanke.

Monday, May 20, 2013 Oil futures climb to a seven-week high amid optimism over the US economic recovery and the prospect of rising crude demand this summer.

Monday, May 20, 2013 PT Pertamina's Chief Executive is front runner to head Indonesia's Coordinating Board for Investment, according to sources.

Monday, May 20, 2013 A crude-by-rail terminal under development near Philadelphia could become an East Coast oil trading hub.

Monday, May 20, 2013 Chesapeake plucks a 46-year-old executive from a rival oil-and-gas company to succeed Aubrey McClendon as chief executive of the nation's second-largest natural-gas producer.

Monday, May 20, 2013 Eighty-nine New York landowners who once agreed to let Norse Energy drill for natural gas on their property have filed a lawsuit against the struggling company.

Monday, May 20, 2013 The European Union will review hydraulic fracturing and the environmental concerns surrounding the practice this year, EU Energy Commissioner Guenther Oettinger says.

Sunday, May 19, 2013 Japan is pledging $2 billion for energy and mineral projects in Africa as it seeks to catch up with years of Chinese investment.

Friday, May 17, 2013 Oil futures rise to a one-week high, as broader markets rally on positive US economic data.

Friday, May 17, 2013 A rebel attack on CNCP workers at a compound in Myanmar will not delay the launch of pipelines due to start pumping oil and gas into China later in 2013, according to an official.

Friday, May 17, 2013 Greenland's new government clarifies its stance on allowing more offshore oil exploration.

Friday, May 17, 2013 Successful recruitment and staff retention has become more vital to the success to resources sector operators than ever before, the recent HR Leaders Resources Summit on the Gold Coast was told.

Friday, May 17, 2013 The Obama administration clears the way for broader natural gas exports by approving a $10B facility in Texas, a milestone in the US transition into a major supplier of energy for world markets.

Friday, May 17, 2013 Transocean shareholders reject a $4 a share dividend proposal by activist investor Carl Icahn but oust long-time company Chairman Michael Talbert.

Thursday, May 16, 2013 Crude-oil futures prices settle higher, climbing on hopes for rising demand as the peak summer gasoline demand season approaches.

Thursday, May 16, 2013 Hess settles a months-long proxy fight hours before a shareholder vote, agreeing to name three directors backed by dissident hedge fund Elliott Management Corp.

Thursday, May 16, 2013 Just as US companies have revolutionized the global shale-gas industry, businesses working in Argentina have the opportunity to set new standards in shale-oil production, according to YPF and Chevron.

Thursday, May 16, 2013 Petrobras, BP and Total rank among companies winning exploration blocks offshore Brazil in the nation's 11th bidding round, the first since December 2008.

Thursday, May 16, 2013 The Department of Interior seeks comments on the updated rule that would govern hydraulic fracturing on US federal and Indian lands.

Thursday, May 16, 2013 The US Senate confirmed Ernest Moniz, a nuclear physicist who has lauded the US natural gas boom, as the next US Energy Secretary.

Wednesday, May 15, 2013 Policy makers in Washington should know that finding ways to expanded production on the OCS does not mean they are shirking their responsibilities to provide oversight.

Wednesday, May 15, 2013 AmericaCNG will begin rolling out in September mobile plants that will allow producers to monetize their natural gas liquids and convert methane production to LNG or CNG.

Wednesday, May 15, 2013 Allegations of oil-price manipulation by large firms in the energy sector are "extremely concerning," UK Prime Minister David Cameron's spokesman says.

Wednesday, May 15, 2013 Crude-oil futures end a turbulent session little changed, after a report shows an unexpected drop in US oil stockpiles but also points to sliding gasoline demand.

Wednesday, May 15, 2013 Iraq's government criticizes a deal between Turkey and the Kurdistan region of Iraq to develop oil projects.

Wednesday, May 15, 2013 YPF and Chevron move closer to finalizing an agreement that would see the US energy company invest $1.5 billion to develop shale oil deposits in the South American country.

Tuesday, May 14, 2013 Exports of oil from northern Iraq are suspended after a bomb attack against a key pipeline.

Tuesday, May 14, 2013 Increased local consumption is pushing Kuwait to tap the development of difficult and unconventional resources.

Tuesday, May 14, 2013 CNOOC pulls out of an auction of oil and natural gas exploration concessions in Brazil, the country's ANP says.

Tuesday, May 14, 2013 A recruiter tells Rigzone that an uptick in deepwater activity has contributed to a marked increase in demand for riser, drilling and completion engineers worldwide.

Tuesday, May 14, 2013 Brazil saw record bidding at its first oil auction in five years as the growing promise of oil finds along the equator attracted huge interest in exploration blocks at the mouth of the Amazon River.

Tuesday, May 14, 2013 Scientists return from a 15‑day research expedition in the northern Gulf of Mexico with high-resolution seismic data and imagery of sediments with high gas hydrate saturations.

Tuesday, May 14, 2013 Turkey's state-run oil firm enters an agreement with ExxonMobil to develop joint projects in Kurdish-administered northern Iraq, the country's Prime Minister Recep Tayyip Erdogan says.

Tuesday, May 14, 2013 US crude oil futures fall for a fourth straight Tuesday, shedding 1% to settle at a two-week low of $94.21 a barrel on worries over high inventory and sluggish demand.

Monday, May 13, 2013 BP withdraws staff from Libya as a "precautionary measure" after receiving advice from the Foreign Office.

Monday, May 13, 2013 Iran has offered new, more alluring terms to reluctant Indian companies to win the investment it craves for its decaying energy sector suffering from tight Western sanctions.

Monday, May 13, 2013 Hess says it is prepared to add two of Elliott Management Corp.'s nominees to the energy company's board after the dissident hedge fund scrapped an unorthodox bonus plan.

Monday, May 13, 2013 Existing offshore innovations are increasingly being re-purposed for greater depths, mature wells and even land rigs, OTC exhibitors tell Rigzone.

Monday, May 13, 2013 Oil futures settle lower for the third straight session, weighed by concerns over weakening demand in China and robust global production.

Monday, May 13, 2013 PTTEP is looking to invest in North America's shale gas through a joint investment with strategic partners, Bangkok Post reports.

Monday, May 13, 2013 Shale oil production could reduce global oil prices and boost the global economy, but its impact will vary by country, according to a PwC study.