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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.

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.

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

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.

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.


  



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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Analyst: Oil, Gas CAPEX Spending to End 2014 a Bit Flat
Monday, July 21, 2014 Rigzone talks with AlixPartners' Dennis Cassidy about what oil and gas spending and other trends will look like for the second half of 2014.

China Provides $4 Billion To Venezuela In Exchange For Oil
Monday, July 21, 2014 China will provide Venezuela with a new $4 billion credit line, with the money to be repaid by oil shipments from OPEC member Venezuela.

Oil and Gas Hiring Set to Increase, Candidates Choosier
Monday, July 21, 2014 Half of hiring managers in the energy industry plan to hire more professionals in the next 6 months as compared to the first half of the year, according to a semi-annual hiring survey from Rigzone.

Gabon Picks Seven Companies For Final Oil Block Talks
Monday, July 21, 2014 Gabon selects seven companies for a final round of negotiations as part of an offshore licensing round the government hopes will reverse a chronic decline in output, the country's oil ministry says.

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.

Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm
Monday, July 21, 2014 Exxon faces political dilemma as one of its rigs enters Russian Arctic waters.

Oil Prices Rise Above $104; Natural Gas Sinks
Monday, July 21, 2014 The price of oil rises more than a $1 for the third time in the last four trading days, and closes above $104 for the first time since July 3.

Oil Trains, Born Of US Energy Boom, Face Test In New Safety Rules
Friday, July 18, 2014 North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on US rail tracks. New safety rules may now test the oil train model.

Mexico Senate Gives General Approval To Key Energy Reform Bill
Friday, July 18, 2014 Mexico's Senate gives general approval early to a key bill to regulate the opening of the oil and gas industries to private investment, the centerpiece of President Enrique Pena Nieto's economic reform agenda.

North Sea Oil, Gas Firms Hold Off on Investment
Friday, July 18, 2014 A Deloitte report shows that drilling activity on the UK Continental Shelf has almost halved in three months while asset deals have also plummeted.

Shell Employees on Doomed Malaysian Flight
Friday, July 18, 2014 Shell confirms that some of its employees were among the 298 people killed Thursday when Malaysian Airlines was shot down by a missile over eastern Ukraine.

Russia's Rosneft Says to Honor Agreements despite Sanctions
Friday, July 18, 2014 Russian oil producer Rosneft says it will continue to work on its existing projects and agreements despite US sanctions against the company.

Mubadala Inks Agreement To Help Further Develop Somalia's Petroleum Sector
Friday, July 18, 2014 Mubadala Petroleum inks cooperation agreement with Somalia's Ministry of Petroleum and Mineral Resources to explore ways to further develop the country's petroleum sector.

US Approves Plan To Open Atlantic To Oil Reserve Surveys
Friday, July 18, 2014 The Obama admin. approves a plan that would allow companies to assess oil resources off the Atlantic Coast.

Oil Price Remains High On Global Turmoil
Friday, July 18, 2014 The price of oil retreats slightly but remains elevated because of political turmoil around the world.

Australian Parliament Repeals Carbon Tax, Emissions Trading Scheme
Thursday, July 17, 2014 The Australian Senate votes to scrap the country's carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves uncertainty about how the country will meet its carbon reduction goals.

Monitor: Ninety Killed By Islamist Attack On Syrian Gas Field
Thursday, July 17, 2014 Militant group Islamic State seizes a Syrian gas field and kills at least 90 people in one of the bloodiest clashes between the al Qaeda offshoot and President Bashar al-Assad's forces.

Kemp: Peak Petroleum Engineer? Or Still Time To Join The Boom?
Thursday, July 17, 2014 Petroleum engineers are among the best paid professionals in the US. Only chief executives and some specialist doctors earned more last year, according to federal government pay data.

BP Says New Sanctions on Russia Appear to Target Access to Markets
Thursday, July 17, 2014 BP studies latest sanctions against Russia over Ukraine and says they appear to focus on restricting access to US debt and equity markets.

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