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NextDecade Leases Texas City Site for Potential LNG Project
Tuesday, January 17, 2017 NextDecade, LLC announced it has signed lease agreements for a nearly 1,000-acre site southeast of Houston for the potential development of a multibillion-dollar LNG export facility.

ExxonMobil's $6.6B Acquisition Validates Permian as Core Operator Strategy
Tuesday, January 17, 2017 ExxonMobil's acquisition of Delaware Basin assets in the Permian represents good shareholder value and validates the industry's acquisition focus on the Delaware.

Oil Steady As Weak Dollar Offsets US, Russia Output Forecasts
Tuesday, January 17, 2017 Oil prices were little changed as a decline in the US dollar and comments by Saudi Arabia that it would adhere to OPEC's commitment to cut output.

Seven Enablers for Building the LNG Transport Fuel Market
Tuesday, January 17, 2017 Once crude starts to recover and the price arbitrage with gas starts to open-up again, the fundamentals are there for growth.

Trump Interior Nominee Would Review Obama's Limits On Oil Drilling
Tuesday, January 17, 2017 President-elect Trump's pick to run the Department of the Interior said he would consider scrapping some of President Obama's environment initiatives if confirmed.

  


Technip, FMC Technologies Complete Merger
Tuesday, January 17, 2017 Technip and FMC Technologies finalize their merger, say new company can challenge conventions in oilfield project delivery.

Kemp: US Oil, Gas Industry Has Turned The Corner
Tuesday, January 17, 2017 US petroleum producers are looking forward to better times in 2017 as the industry has passed the low-point in the cycle and embarked on the road to renewed expansion.

Kemp: Oil Prices Stall as Hedge Funds Stop Adding to Longs
Monday, January 16, 2017 Hedge fund bullishness toward the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016.

Noble Buys Clayton Williams for $2.7 Billion to Grow in Permian
Monday, January 16, 2017 Noble Energy agreed to buy Clayton Williams Energy for $2.7 billion in stock and cash to expand in America's hottest shale play.

Oil Up On Saudi Commitment To Cut; U.S. Output Seen Rising
Monday, January 16, 2017 Oil prices settle up, as Saudi Arabia's commitments to reducing production offset a report forecasting U.S. output would again rise this year.

Oil Falls On China Concerns, Down 3% For The Week On OPEC Doubts
Friday, January 13, 2017 Oil prices fall and end the week 3% lower on lingering doubts over the extent of OPEC cuts.

BLOG: Should the US Cut Oil Production in Line With OPEC, NOPEC?
Friday, January 13, 2017 OPEC's subtle message that the US should join its production cut pledge with other non-OPEC nations - in the interest of global market stability - is unlikely to get an affirmative response.

Ideal Employer Survey Reveals Midstream's Picks for Top Companies
Friday, January 13, 2017 Rigzone's latest survey finds what's most important to midstream professionals and Deloitte's vice chairman John England provides a midstream outlook for 2017.

Anadarko Sells Out of Upstream Eagle Ford in $2.3B Deal
Friday, January 13, 2017 Sanchez Energy and Blackstone Group buy Anadarko Petroleum's remaining Eagle Ford acreage, bringing Anadarko's divestitures to more than $7 billion since early 2016.

Oil Currencies Uncoupled From Crude Swings Likely to Renew Link
Friday, January 13, 2017 Some breakups just aren't meant to last. That's what currency strategists are saying about the split between the price of oil and money.

GE to Transform Transocean Rigs for Condition-Based Maintenance
Friday, January 13, 2017 Through a new service agreement, GE will digitally upgrade seven Transocean rigs for conditional-based monitoring and maintenance.

Education: A Key Ingredient for Expanding Gas Infrastructure
Thursday, January 12, 2017 Now may be the right time to build new gas infrastructure, but formidable forces prevent the execution of growth plans.

Hess To Spend More On Exploration And Production This Year
Thursday, January 12, 2017 Hess budgets $2.25 billion for exploration and production this year, higher than the $1.9 billion it spent in 2016.

Oil Rises On Supply Cuts, Record China Demand Forecast
Thursday, January 12, 2017 Oil prices rose more than 1% on news that key crude exporters were cutting production to reduce a global crude glut.

North America's Premier Well Site Automation Summit Returns
Thursday, January 12, 2017 The highly anticipated 3rd Annual Well Site Automation 2017 returns to Houston Jan. 24 and 25.

Cruise Line Exec: LNG Represents the Future
Wednesday, January 11, 2017 Carnival opting for LNG instead of marine diesel oil.

BLOG: Houston Profitable Area for STEM Grads
Wednesday, January 11, 2017 A recent analysis by WalletHub finds that the Houston metropolitan area ranks first in the annual media salary for STEM workers.

Oil Gains - Pares Earlier Losses off Newfound Optimism
Wednesday, January 11, 2017 After falling almost 6% earlier in the week, oil prices picked up steam as traders saw a buying opportunity in the market.

Big Oil Hits Sweet Spot as Projects Reap Rewards of Recovery
Wednesday, January 11, 2017 Big Oil is poised to reap rewards this year as investments made before the crude-price slump pay off just as the recovery starts.

Tillerson Tells Congress Neither He, Nor Exxon Lobbied Against Sanctions
Wednesday, January 11, 2017 Trump Secretary of State nominee and former ExxonMobil CEO Rex Tillerson denies the company lobbied on Russian sanctions, but federal disclosure filings in 2014 raise questions.

New Chapter in NGV Story About to Unfold
Tuesday, January 10, 2017 Natural gas vehicle (NGV) advocate sees emerging opportunities to gain market share.

Oil Slides 2% On Strong Dollar, Doubts Of OPEC Output Cuts
Tuesday, January 10, 2017 Oil prices fall 2% to the lowest in nearly a month, extending the previous session's sell-off.

EIA: US Production Growth Among Risks to Oil Market Rebalancing
Tuesday, January 10, 2017 Offshore Gulf of Mexico production largely drives US crude oil production growth in 2017 and 2018, according to US Energy Information Administration's outlook.

Texas $1B Carbon Project To Curb Emissions, Up Oil Recovery
Tuesday, January 10, 2017 NRG Energy and JX Nippon Oil & Gas Exploration begin operations at a $1.04 billion carbon capture facility at a Texas coal-fired power plant and use the emissions to extract crude from a nearby field.

Parsley Energy Expands In Permian With $607MM Acquisitions
Tuesday, January 10, 2017 Parsley Energy says it will buy acreage in the Permian Basin for about $607 million.

Oil, Gas Industry Looks to Trump for Opening Federal Lands to Development
Tuesday, January 10, 2017 President Obama's onslaught of 11th hour rules and regulations to stifle oil and gas will be vulnerable to a motivated Congress' retribution and incoming Trump Administration, experts say.

C&J Energy Emerges From Bankruptcy With $220M Liquidity
Monday, January 09, 2017 C&J Energy Services is latest of oil and gas companies to complete financial restructuring brought on by the industry downturn.

Barclays Forecasts Investors May Shift, Favor Oilfield Services
Monday, January 09, 2017 Analysts upgrade oilfield services from neutral to positive as under-owned sector poised to benefit from North America's 27% E&P spending boost.

ExxonMobil Licenses New Gas Dehydration Technology
Monday, January 09, 2017 ExxonMobil unveils technology it says makes the dehydration of natural gas more efficient.

Oil Down 4% On Concerns Over Rising Iraqi Exports, US Output
Monday, January 09, 2017 Oil prices tumbled by 4% on concern that record Iraqi crude exports and rising US output would undermine OPEC's efforts to curb global oversupply.

Localized Approach Could Grow Gas-Fired Power's Global Reach
Monday, January 09, 2017 Pipeline expansions, microturbines and LNG "milk runs" can extend practicability of natural gas-fueled electricity.

Cost Reduction, Greater Efficiency Focus of Technology in 2017
Friday, January 06, 2017 Companies will continue focus on technology to keep costs low while enhancing efficiency and safety, industry observers tell Rigzone.

BLOG: Study Shows US Residents Leaving the South for New Jobs
Friday, January 06, 2017 An United Van Lines study shows that the south had a large exodus of residents in 2016.

Obama Admin. Denies Pending Airgun Seismic Surveys for US Atlantic
Friday, January 06, 2017 BOEM's decision follows the cancellation over the next five years of offshore oil and gas leasing in the Atlantic Ocean.

Oil Edges Up; Strong Dollar, OPEC Doubts Make Buyers Cautious
Friday, January 06, 2017 Oil rose slightly on futures buying, ending the week higher, but gains were limited by a strong US dollar and lingering doubts.

Will OPEC Deliver Its Output Cut Deal? Here's How We'll Know
Friday, January 06, 2017 The promise of production cuts from OPEC and its partners sent oil rallying in 2016. Now traders want proof they're delivering on those vows. It won't come easy.

Jobs Report: US Mining Employment Remains Steady in December
Friday, January 06, 2017 The US ends 2016 with another month of relatively unchanged employment numbers in mining.

Baker Hughes: US Drillers Add Oil Rigs For 10th Week In A Row
Friday, January 06, 2017 US energy companies this week added oil rigs for a tenth week in a row, extending the drilling recovery into an eighth month.

Crown Jewel of US Shale Fuels Endless Pursuit of Williams
Thursday, January 05, 2017 As Transco is re-engineered to flow south as well as north, investors are betting more takeover offers may follow.

Oil Ends Up As Saudi Output Cuts Offset US Products Build
Thursday, January 05, 2017 Oil prices rise in an up-and-down session.

EIA: US On Track To Export More Energy than It Imports by 2026
Thursday, January 05, 2017 One year after Congress lifted a ban on US oil exports, the federal Energy Information Administration finds the nation is set to become a net energy exporter.

Trump Energy Appointee Perry Gives Up Energy Transfer Partners Board Post
Thursday, January 05, 2017 Rick Perry resigns board membership on Energy Transfer Partners board of directors.

Schlumberger Expands Production Services Portfolio with Peak Buy
Thursday, January 05, 2017 Schlumberger acquires Peak Well Services to expand its offerings of its production services portfolio.

Exxon Mobil, Tillerson Agree To Cut All Ties
Wednesday, January 04, 2017 Exxon Mobil Corp and Rex Tillerson agreed to sever all ties to comply with conflict-of-interest requirements as the company's former chairman and chief executive awaits confirmation as U.S. secretary of state.

BLOG: What Was The Biggest Oil, Gas Industry Surprise of 2016?
Wednesday, January 04, 2017 Deals that weren't done, an election shock and unconventional resilience are among the unexpected themes of 2016 that are likely to linger.

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