Regional News: United States

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Oil Hits 2-Week Highs On Mideast Tensions, US Gasoline Rally
Tuesday, November 24, 2015 Oil prices hit two-week highs, rising about 3%, after a spike in Middle East tensions and a rally in US gasoline futures.

Kemp: Hedge Fund Short Positions And Oil Prices In 2015
Tuesday, November 24, 2015 There have been at least three cycles in WTI prices and hedge fund positions in the main NYMEX light sweet crude contract since the turn of the year.

Oil Ends Steady; Saudi Pledge, Glut Worry Causes Wild Ride
Monday, November 23, 2015 Brent settled steady and US crude slightly lower after prices were whipsawed by volatility as Saudi Arabia pledged to work toward oil price stability.

Evercore: Super Majors Ripe for Consolidation and Other Restructuring
Monday, November 23, 2015 Among the major themes of upcoming cycle will be the recovery of US land drilling, offshore restructuring and more risk to service industries, Evercore analysts say.

North Dakota 'Man Camps' Battle Pending Ban In Oil Capital
Monday, November 23, 2015 Providers of temporary housing for North Dakota's oilfield workers are fighting a plan by the state's energy capital to evict their "man camps".


EIA: Shale Drilling Boosted US Oil, Gas Reserves In 2014
Monday, November 23, 2015 Reserves of oil and natural gas in the United States shot higher last year, according to government data.

88 Energy Raises Funds Through Oversubscribed Share Placing
Friday, November 20, 2015 88 Energy Limited successfully raises $3 million through a "strongly oversubscribed" share placing.

Brent Up 1% On Short-Covering, US Crude Just Above $40
Friday, November 20, 2015 Brent oil settles 1% higher on pre-weekend short-covering, while US crude settles lower and just above $40-per-barrel.

Investors Bet on Rebound as Holdings in Oil ETF Jump to Record
Friday, November 20, 2015 Investors are piling into the United States Oil Fund on speculation prices may have bottomed near $40 a barrel.

Kemp: Should We Worry As Oil Stocks Hit 3 Billion Barrels?
Friday, November 20, 2015 Nearly 3 billion barrels of crude petroleum and refined products are being stored by oil firms in the advanced economies according to the IEA.

SD-WAN Technology Can Improve Oil, Gas Communications
Friday, November 20, 2015 SD-WAN technology could enhance operational efficiency of communications the oil and gas industry, an SD-WAN technology provider says.

Global Oil Job Cuts Top Quarter-Million as Rigs at Five-Year Low
Friday, November 20, 2015 The number of jobs gutted from oil and gas companies around the world has now passed the 250,000 mark, with still more to come, according to industry consultant Graves & Co.

Oil Crash Means Biggest Boomers Halt Supply Growth in 2016
Friday, November 20, 2015 The US and Iraq, whose extra crude this year equates to about 80 percent of the global surplus, will fail to boost output in 2016, according to the world’s biggest forecasters.

US Oil Drillers Cut Rigs For 11th Week In The Last 12
Friday, November 20, 2015 US energy firms cut oil rigs for an 11th week in the last 12, a sign drillers were still waiting for higher prices before returning to the well pad.

Brent Steady, US Crude Down Ahead Of Contract Expiry
Thursday, November 19, 2015 Brent oil futures settle steady while US crude falls ahead of the expiry of the front-month contract and continued pressure from large inventory builds.

NGI, UT-Austin Sign Agreement on Geotechnical Engineering Cooperation
Thursday, November 19, 2015 NGI and UT aim to further research in geotechnical engineering with their new MoU.

How to Build Your Professional Brand
Thursday, November 19, 2015 Rigzone speaks with experts who share their advice on how to develop and manage a professional brand.

Energy Banking Group Scooped Up In Multi-Million Dollar Deal
Wednesday, November 18, 2015 Century old investment bank buys Houston-based energy specialists Simmons & Company International in $139 million deal.

API, ANGA Combine Forces
Wednesday, November 18, 2015 Following approval of both boards of directors, the American Petroleum Institute and America's Natural Gas Alliance announced the two organizations will combine into a single trade association.

Apache's Clem Discusses How to Develop Top Talent in Your Company
Wednesday, November 18, 2015 Jo Clem of Apache Corporation tells attendees of the People in Energy Summit how to develop top talent within their organization.

Oil Ends Up, Recovering From Lows; Glut Remains A Worry
Wednesday, November 18, 2015 Oil falls near 3-month lows and US crude futures slip to below $40 a barrel before settling higher.

Analyst: Oil Supply and Demand to Rebalance in 2016
Tuesday, November 17, 2015 Evercore ISI expects oil prices next year to settle in the $60s per barrel, once demand increases and supply finally declines.

Market Conditions Prompt Statoil Exit from Chukchi Sea
Tuesday, November 17, 2015 Despite its decision to exit Chukchi Sea, Statoil still sees great potential for Alaska and the Arctic in general.

Oil Slides 2%, Market Refocused On Global Supply Glut
Tuesday, November 17, 2015 Crude oil futures fall more than 2%, resuming their slide after a one-day pause.

Texas Official Raises Terror Alarm over Border Access to Pipelines
Tuesday, November 17, 2015 Tragic terrorists attacks in Paris highlight the need to secure the border to protect oil and gas infrastructure from potential ISIS attacks, state official tells feds.

Oil Prices Rise As Tensions Mount After Paris Attacks
Monday, November 16, 2015 Oil prices rise after strong losses last week, as Friday's deadly attacks in Paris raise geopolitical tensions.

Oil Producers Hungry for Deals Drool Over West Texas 'Tiramisu'
Monday, November 16, 2015 The worst oil market in decades would be hard to spot in West Texas, where two-lane county roads are still jammed with trucks and energy companies are on the prowl for deals.

Three More Oil, Gas Companies Cutting Jobs in Texas
Monday, November 16, 2015 Trelleborg Offshore, National Oilwell Varco and Cameron International are laying off a combined total of nearly 400 workers in Texas.

Changing Human Behavior Key to Thwarting Cybersecurity Attacks
Friday, November 13, 2015 Changing human behavior and not spending on the latest cybersecurity gadgets is key to detecting cybersecurity attacks.

Fulcher: Cybersecurity Ranks as Top Long-Term Threat to Statoil
Friday, November 13, 2015 Cyberattacks pose the biggest long-term threat to Statoil's assets, operations and personnel, a company official tells attendees at the API Cybersecurity Conference 2015.

88 Energy Recovers Lost Time at Icewine #1, Encounters Oil Shows
Friday, November 13, 2015 88 Energy announces that "substantial" lost time caused by equipment delays at the Icewine #1 exploration well, onshore Alaska, has already been recovered.

Caza Posts YOY Financial, Production Decreases, Cuts Costs
Friday, November 13, 2015 Following financial and production decreases in the third quarter of 2015, compared to the same period last year, Caza Oil & Gas announces that it is scaling back costs.

Crowdfunding Platform Officially Launches
Friday, November 13, 2015 EnergyFunders officially launches crowdfunding platform, which will allow accredited and non-accredited investors to directly fund oil and gas projects.

Linn Energy Exploring Debt Options To Weather Oil Collapse
Friday, November 13, 2015 Indebted Linn Energy LLC is exploring distressed restructuring options with Barclays as stubbornly low oil and natural gas prices test its ability to service $10 billion of debt after next year, according to sources with knowledge of the matter.

Nighthawk Energy: Happy Jack 7-10 Well Abandoned
Friday, November 13, 2015 Nighthawk Energy plc announces that the Happy Jack 7-10 well is being plugged and abandoned after no commercial finds were encountered.

Oil Down Again; Glut Forces Biggest Weekly Loss In 8 Months
Friday, November 13, 2015 Oil slumps again, extending the week's loss to the largest in eight months, as swelling storage of crude on both land and sea pressured prices.

Baker Hughes: US Oil Drillers Add Rigs For First Week In 11
Friday, November 13, 2015 US energy firms this week add oil rigs for the first week in 11, despite continued weak crude prices.

Eldridge Pleased with Reaffirmation of Patent Ruling
Thursday, November 12, 2015 Eldridge officials expect to receive just over $800,000 in lost profits as a result of a patent infringement lawsuit found in their favor.

Anadarko's Bid for Apache Drives Down Share Prices for Both E&Ps
Thursday, November 12, 2015 Analysts say major M&A activity remains a couple of quarters away, when companies feel "maximum pain" of the downturn.

New Trends that are Shaking Up College Recruitment
Thursday, November 12, 2015 LookSharp's VP of Marketing shares five trends that are disrupting campus recruiting.

Oil Slumps 4%, Nears New 6-Year Low As Glut Persists
Thursday, November 12, 2015 Oil prices tumble almost 4%, accelerating a slump that threatens to test new 6-and-a-half year lows.

Kemp: US Shale Oil Output Will Be Less Resilient Than Gas
Thursday, November 12, 2015 The failure of gas production to respond to lower prices and a falling rig count has left many analysts wondering if it heralds the same problem in the oil market - worsening oversupply.

Major Oil Companies Have Half-Trillion Dollars to Fund Takeovers
Thursday, November 12, 2015 The world's six largest publicly traded oil producers have more than a half-trillion dollars in stock and cash to snap up rival explorers.

Anadarko Confirms Apache Rejected An All-Stock Offer
Wednesday, November 11, 2015 Anadarko confirms an offer it made to buy fellow oil producer Apache has been rejected.

Industry Experts Address Keys to Stellar Leadership during Conference
Wednesday, November 11, 2015 A panel of energy experts identify characteristics of good leaders during the Operational Excellence in Oil and Gas Conference.

Crude Falls to August Lows - Oversupply Concerns Pervade
Wednesday, November 11, 2015 Both WTI and Brent crude prices dropped to lows not seen since August 2015 on global glut concerns.

Computational Fluid Dynamics Seen as Complement to FLNG Wind Tunnel Testing
Wednesday, November 11, 2015 BMT sees computational fluid dynamics as a complement to wind tunnel testing to ensure FLNG design is "fit-for-purpose" in all operating conditions.

Noble Energy Lays Off 180 Employees
Wednesday, November 11, 2015 In anticipation of lower activity levels, Noble Energy lays off 180 employees.

OPEC Challenges Shale Afresh as Iraq Crude Floods Gulf of Mexico
Wednesday, November 11, 2015 OPEC's latest challenge to US shale oil producers would be about 2 miles long, lined end to end, and weigh almost 3 million metric tons. It's due to reach American ports this month.

Recruiters Reveal How to Answer Tricky Interview Questions
Wednesday, November 11, 2015 Rigzone explores why recruiters ask certain interview questions and offers candidates advice on how to answer them.

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