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Thailand's PTT Cuts 2014 Investment Due to Political Unrest
Wednesday, April 16, 2014 PTT, Thailand's top energy firm, plans to cut its 2014 investment budget by as much as 30 percent to $1.86 billion as the country's ongoing political unrest delays the launch of new projects.

Brent Oil Rises Close To $110 On Ukraine Tension; US Oil Unmoved
Wednesday, April 16, 2014 Brent rises toward $110 a barrel on mounting tensions in Ukraine, while prices for US oil are nearly unchanged.

Hydraulic Fracturing: Staying Afloat in Times of Tightening Water Supply
Wednesday, April 16, 2014 Fracking trails other uses for water as the energy industry works to further reduce water use.

Remote, Oil-Rich Shetland Elbows Way into Scotland's Independence Vote
Wednesday, April 16, 2014 Shetlanders see the Scottish independence vote as an opportunity to gain a share of revenues from the oil pumped from the North Sea.

Offshore Rig Takes on Water, Anadarko Halts Ops in GOM
Wednesday, April 16, 2014 Semisub ENSCO 8506 began taking on water in the Gulf of Mexico while conducting exploration activities for Anadarko.


  



Minister: Passage of South Stream Pipeline via Turkey Possible
Wednesday, April 16, 2014 Turkey would consider allowing the South Stream pipeline to pass through its territory if Moscow made such a request, according to Energy Minister Taner Yildiz.

Musings: The Oil Industry's Era of Austerity - Part Two
Tuesday, April 15, 2014 Shell and BP's recent decisions to separate their shale-focused E&P businesses further represents efforts by integrated oil majors to deal with the new Era of Austerity.

South Sudan Rebels Say Seize Oil Hub Bentiu, Tell Foreign Firms To Go
Tuesday, April 15, 2014 South Sudanese rebels say they have seized the capital of oil-producing Unity state, Bentiu, and warn oil firms to pack up and leave within a week.

Engaged Oil, Gas Employees is the Key to Retaining Talent
Tuesday, April 15, 2014 Employees in the industry need to be motivated, challenged and awarded to be highly engaged in an industry that is witnessing recruiting and retaining challenges, a panelist discusses.

China Inc Joins the Big League in Oil and Gas Services
Tuesday, April 15, 2014 Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals.

Oil Falls Ahead of Ukraine Meeting, US Supply Data
Tuesday, April 15, 2014 The price of oil falls ahead of talks aimed at defusing tensions over Ukraine and the latest report on U.S. oil supplies.

US EPA Studies Whether To Regulate Methane From Oil And Gas
Tuesday, April 15, 2014 The US EPA took a step toward a wider strategy to address climate change, releasing 5 technical papers that will help it decide whether or not to regulate methane emissions from the oil and gas sector.

Eni's New Head Caught Between Russia And The New frontiers
Monday, April 14, 2014 Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni.

NES Survey: What Women Say About Working in the Oil, Gas Industry
Monday, April 14, 2014 A new recruiting industry survey reveals what women in the energy industry like and do not like about their careers.

Israeli Gas Holds Promise of Better Ties with Neighbors
Monday, April 14, 2014 Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Glencore To Buy Chad Oil Firm Caracal For $1.3B
Monday, April 14, 2014 Glencore Xstrata agrees to buy Caracal Energy for about $1.3 billion, a deal that will allow the commodity giant to expand upstream in the oil sector.

Nabors To Split CEO, Chairman Roles; Limits Severance Pay
Monday, April 14, 2014 Nabors says it would separate the roles of chairman and CEO after the tenure of Anthony Petrello ends and limit severance payments for executives.

Oil Price Up Past $104 Amid Ukraine Tensions
Monday, April 14, 2014 The price of oil rises on the prospect of higher demand in the US and escalating tensions in Ukraine.

Crimea: the Oil and Gas Story
Monday, April 14, 2014 The recent annexation of the Crimea region could land Russia with substantial Black Sea gas and oil resources off the peninsula's southwest and east coasts.

Energy Department Seeks Methane Hydrate Proposals
Sunday, April 13, 2014 The US Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.

High-Cost Australia May Miss $180B LNG Expansion Wave
Friday, April 11, 2014 Stung by soaring costs, the gas industry paints a gloomy outlook for new LNG projects in Australia, putting at risk $180 billion of developments from 2018 onwards.

Shell Drops Novel Norwegian Subsea Gas Project, Cites Costs
Friday, April 11, 2014 Shell drops an innovative project to provide compression for a major Norwegian gas field without the need for a platform, citing soaring costs and uncertainty about technology.

Ohio Links Fracking With Earthquakes, Announces Tougher Rules
Friday, April 11, 2014 Ohio regulators announce new rules for oil and gas drilling after evidence emerged linking the hydraulic fracturing extraction method to recent earthquakes.

Glaspie: Applying New Tools in Different Cultures
Friday, April 11, 2014 Multi-generational and multi-cultural workplaces often require new methods of assessing leaders, a panelist says.

Arctic Gas Project Backs Political Strategy as Russia Turns East
Friday, April 11, 2014 On the Arctic tundra far to the north of Moscow, Russia is charting a course for a liquefied natural gas project away from the West and towards Asia.

BP Competition Winners Look Forward to Alaska Trip
Friday, April 11, 2014 Rigzone talks to Christopher Clay, a member of Oxford University's winning team in the UK version of this year's Ultimate Field Trip competition run by BP.

Small Companies Cautiously Optimistic On Natural Gas Drilling
Friday, April 11, 2014 The winter rally in natural gas prices is creating cautious optimism among smaller energy producers that see opportunity and future deals in a once-moribund market.

US Crude Nears 6-Week High As Consumer Confidence Supports
Friday, April 11, 2014 US crude oil rises to near a 6-week high, steered by stronger gasoline demand and a positive consumer confidence report, but gains are capped by profit taking and a declining demand outlook.

Kemp: US Oil Reserves Highest Since 1970s
Friday, April 11, 2014 US exploration and production firms are finding accumulations of crude and condensates twice as fast as they are producing them.

EIA: US Oil Reserves Jump On Shale, But Gas Tumbles In 2012
Thursday, April 10, 2014 Proven US oil and condensate reserves jumped 15.4%, or 4.5 billion barrels, in 2012 owing to shale oil production, the EIA says.

Energy Hub on Northern Territory Agenda
Thursday, April 10, 2014 Major LNG developments in Australia have opened up growth opportunities in the Northern Territory.

Australia's Unconventional Future Takes Shape
Thursday, April 10, 2014 Frontier shale gas resources continue to be considered as potentially being a long-term answer to addressing Australia's next wave of investment and supply.

Democratic Senators Press Obama For Keystone Decision By May 31
Thursday, April 10, 2014 Eleven US Democratic senators urge President Obama to make a final decision on whether to approve TransCanada's Keystone XL pipeline from Canada to the Gulf Coast no later than May 31.

BP Says Can Act As Bridge Between Russia And West
Thursday, April 10, 2014 BP can help enhance relations between Russia and the West and is talking to politicians across the world, executives say.

Oil Slips On Weak China Trade Data
Thursday, April 10, 2014 The price of oil falls slightly after China reports weak monthly trade data.

Shell UK Tax Payments Fall As North Sea Output Declines
Wednesday, April 09, 2014 Shell says its tax payments in the UK fell steeply last year because of declining output in the North Sea and rising spending on mature field decommissioning.

Shell, CNPC to Cooperate in Deep-Sea Exploration, Shale Gas
Wednesday, April 09, 2014 Shell and CNPC sign a deal to boost cooperation in sectors like deep sea exploration as well as LNG and unconventional gas sources like shale, CNPC says.

CAA Helicopter Safety Timeline Criticized
Wednesday, April 09, 2014 The Civil Aviation Authority's timeline for the introduction of safety recommendations for offshore helicopter flights "does not take into account the full risk picture for offshore workers", says Oil & Gas UK.

Hospital Disinfectant Gaining Ground as Oil, Gas Water Treatment Solution
Wednesday, April 09, 2014 A chemical product designed to kill bacteria in hospitals is gaining traction in the oil and gas industry as a solution for treating hydraulic fracturing water.

IRS Puts Damper On Newer Types Of Energy Partnerships
Wednesday, April 09, 2014 The IRS has temporarily stopped issuing private letter rulings that energy companies sometimes request when setting up master limited partnerships for their tax benefits.

Oil Rises Above $103 A Barrel On Ukraine Unrest
Wednesday, April 09, 2014 The price of oil rises to a 5-week high amid unrest in eastern Ukraine, even as a report shows a large rise in US crude oil supplies.

Kemp: Shale Revolution Reverses Global Energy Flow
Wednesday, April 09, 2014 The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency.

Norway to Boost Oil Project Oversight after Cost Overruns
Tuesday, April 08, 2014 Norway's Oil Directorate Head says the country is growing increasingly intolerant of delays and cost overruns at offshore oil projects.

OMV To Pay Higher Austrian Oil And Gas Royalties
Tuesday, April 08, 2014 OMV will have to pay higher royalties for oil and gas production in Austria backdated to the start of this year, its chief executive says.

Energy Companies Need Insurance Cover For Cyber Attack 'Time Bomb'
Tuesday, April 08, 2014 Energy companies have no insurance against major cyber attacks, reinsurance broker Willis says, likening the threat to a "time bomb" that could cost the industry billions of dollars.

Douglas-Westwood Offers Views on Long-Term Growth in Oil, Gas Drilling
Tuesday, April 08, 2014 Douglas-Westwood offers views on long-term growth in oil and gas drilling in its latest edition of DW Monday.

Britain Warns Scots That Independence Would Hurt Energy Industry
Tuesday, April 08, 2014 Britain warns Scots that voting for independence would threaten the commercial viability of North Sea oil and gas fields and renewable energy projects.

Russell: Australian LNG Investment Is At Risk, But Not As Much As Feared
Tuesday, April 08, 2014 The Australian oil and gas industry is telling everybody that a second wave of investment in LNG plants is at risk unless labor and regulatory costs are cut.

Will Texas Ship Crude to California?
Tuesday, April 08, 2014 Texas is eyeing the possibility of shipping its excess crude oil to California, a state that historically imports from the Middle East and Ecuador.

US Crude Oil Surges 2% On Weak Dollar, Technical Trade
Tuesday, April 08, 2014 US crude rises more than 2% in a technical-driven rally boosted by a weaker US dollar and forecasts for a draw on stockpiles of domestic oil products.

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