Regional News: United States
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US Judge Signs Order To Seize Kurdish Oil From Tanker Off Texas
Tuesday, July 29, 2014 Iraq files a suit in a Texan court to gain control of a cargo of crude oil from Iraqi Kurdistan that it says was sold without its permission.
Chesapeake Energy To Buy Back $1.26B Of Preferred Shares
Tuesday, July 29, 2014 Chesapeake says it would spend $1.26B to buy back all the outstanding preferred shares issued by its CHK Utica unit, in a move to simplify its balance sheet.
API Launches New Standard for Subsea Capping Stacks
Tuesday, July 29, 2014 API unveils new guidelines for the design, manufacture and use of subsea capping stacks.
Anadarko Profit Drops Less Than Expected On US Shale Output
Tuesday, July 29, 2014 Anadarko's 2Q profit fell less than expected as oil and natural gas production jumped in the Marcellus and Wattenburg shale regions, as well as Algeria.
Brent Oil Firm On New Russia Sanctions; US Slips On Refinery
Tuesday, July 29, 2014 Brent crude ends slightly higher as new sanctions on Russia look set to worsen relations between Moscow and the West, while US prices slip after a Kansas refinery fire.
National Oilwell Sees Falling Demand For Deepwater Rigs
Tuesday, July 29, 2014 National Oilwell Varco forecasts falling demand for deepwater rigs, overshadowing robust demand for jackups, used in shallower waters, as well as land rigs.
Survey: Energy Companies to Add 2000 Workers in the Marcellus Shale
Tuesday, July 29, 2014 The Marcellus Shale is providing workers in Pennsylvania and surrounding states with a variety of job opportunities, according to a new workforce survey.
Oil Lower on Signs of Excess Supply, Weak Demand in Europe and Asia
Monday, July 28, 2014 Oil prices dip as signs of excess supplies of North Sea and West African crude and weak demand in Europe and Asia offset fears of escalating tensions in Ukraine and the Middle East.
Kemp: Forecasts for Higher Oil Prices Misjudge the Shale Boom
Monday, July 28, 2014 "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay."
Corpus Christi Crude Oil Shipments Hit Record 560,000 bopd in June
Monday, July 28, 2014 Crude oil shipments out of the Texas Port of Corpus Christi climbed to a record high in June as the Eagle Ford shale play pumped out ever more crude.
Post Oak Energy Capital Commits $150 Million to CP Exploration II, LLC
Monday, July 28, 2014 Post Oak Energy Capital announces that it is committed to a $150 million line of equity to CP Exploration.
Assessing and Hiring the Best Candidates for Performance and Retention
Monday, July 28, 2014 Weatherford's global director of human resources reveals how oil and gas companies can improve the hiring process.
Texas Petro Index: Seventh Record High as Production Closes in On All-Time
Friday, July 25, 2014 Karr Ingham’s Texas Petro Index shows energy in Texas is continuing to strengthen.
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.
Hawaii-based Firm Scaling Up Nanotech for Oil, Gas Apps
Friday, July 25, 2014 Nanotech surface treatment could boost pipeline flow assurance, says exec.
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.
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.
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.
Noble Energy's Profit Beats As Output From US Fields Rises
Thursday, July 24, 2014 Noble Energy reports better-than-expected profit for 2Q thanks to a rise in production from wells in the Marcellus shale and the Denver-Julesburg basin.
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.
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.
U.S. Proposes New Rules for Moving Crude Oil by Rail
Wednesday, July 23, 2014 The U.S. Department of Transportation announces a comprehensive set of proposed rules for the safe rail transport of crude oil and other flammable materials.
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.
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.
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.
Halliburton Sees N. America Margin Growth On Rise In Drilling
Monday, July 21, 2014 Halliburton says it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
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.
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.
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.
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.
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.
Baker Hughes Says New Technology To Lift N. American Results
Thursday, July 17, 2014 Baker Hughes posts better-than-expected profit and expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.
Newfield Boosts 2014 Production Guidance
Thursday, July 17, 2014 Newfield Exploration raises its 2014 production guidance, reflecting year-to-date operating momentum across the company.
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.
Schlumberger Second-Quarter Profit Falls 24%
Thursday, July 17, 2014 Schlumberger, the world's largest oilfield services company, reports a nearly 24% fall in quarterly profit.
Oil Rises Past $103 On Geopolitical Turmoil
Thursday, July 17, 2014 The price of oil rises 2% on lower US inventories and concerns that geopolitical tensions could disrupt global supplies.
Target Logistics: Maximizing Worker Retention and Performance
Thursday, July 17, 2014 Using a holistic approach to providing workforce lodging results in higher recruitment, performance and retention of oil and gas workers.
Oil Price Rises On Inventory Draw, China Growth
Wednesday, July 16, 2014 Oil prices rise on a large drain in US oil inventories and a slight improvement in economic growth in China.
North Texas City Rejects Partial Fracking Ban
Wednesday, July 16, 2014 The council governing a North Texas city that sits atop a large natgas reserve rejected a bid that would have made it the first city in the state to ban further permitting of fracking in the community.
US Court Revives BP Retirement-Plan Suit Filed After Oil Spill
Tuesday, July 15, 2014 A US appeals court revives a lawsuit in which participants in BP retirement savings plans alleged they were deceived into buying and holding stock before and after the 2010 Deepwater Horizon incident.
Oil Falls Below $100 For First Time Since May
Tuesday, July 15, 2014 The price of oil falls below $100 a barrel for the first time since May even with the deteriorating security situation in Libya.
Kemp: The Real Shale Revolution
Monday, July 14, 2014 Although fracking has captured the popular imagination, and is often used as a synonym for the whole phenomenon, horizontal drilling was actually the more recent and important breakthrough.
Oil Inches Up As Signs Of Healthy Supply Tempered By Libya
Monday, July 14, 2014 Oil prices end slightly higher as traders weigh renewed violence in Libya against broader signs of a global market well-supplied with crude.
Virtual Tools Close Gap between Remote Operations, O&G Experts
Monday, July 14, 2014 The increase of oil and gas operations in remote locations and emphasis on safety and efficiency create the need for new virtual and audio collaboration tools.
Whiting To Buy Kodiak For $3.8B, Create No. 1 Bakken Producer
Monday, July 14, 2014 Whiting Petroleum says it will acquire Kodiak Oil & Gas for $3.8B in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc.
RRC: Energy Companies Reducing Water Use, Leading Conservation Efforts
Friday, July 11, 2014 Oil and gas companies in Texas are using technology to lead the way in reducing water use in the Lone Star State.
US Legislators Introduce North Atlantic Energy Security Act
Friday, July 11, 2014 Four senators introduce the North Atlantic Energy Security Act, which they say will cut red tape holding up LNG exports, energy production and infrastructure development.
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