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Regional News: United States

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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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

IEA: US Oil Boom To Extend Into 2015, Risks High
Friday, July 11, 2014 Growth in global oil demand will accelerate next year as the world economy expands, according to the IEA.

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.

API VP: Elected Officials, Not Voters, Should Make Fracking Decisions
Friday, July 11, 2014 Complex and technical energy issues like fracking are best made by elected officials, according to API Vice President Louis Finkel.

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.

Energy Industry Fueling Job Growth, Cutting Unemployment
Friday, July 11, 2014 The domestic energy boom is fueling a jobs boom, not just in traditional oil states, but in the most unlikely places such as North Dakota, and the "Rust Belt" states of Ohio and Pennsylvania.

Oil Price Falls 2%, Biggest Drop Since April
Friday, July 11, 2014 The price of oil plunges 2%, the largest one-day drop since April, as Libyan oil appears poised to return to the market while global demand looks to be muted.

Occidental Names Veteran Exec As California Unit CEO
Thursday, July 10, 2014 Occidental Petroleum names longtime executive Todd Stevens as chief executive of California Resources ahead of its planned spin-off of the subsidiary.

Oil Prices Up, Ending Longest Losing Streak In Years
Thursday, July 10, 2014 Oil prices rise, ending their longest losing streak in years as traders bet a weeks-long decline had run too far.

Chesapeake Faces Trial On Bid-Rigging In Michigan Lease Sale
Thursday, July 10, 2014 A judge in Michigan has ruled that Chesapeake must face a criminal trial on a charge of bid-rigging with competitor Encana at a 2010 state land lease auction.

Chevron Expects Second-Quarter Profit To Rise
Thursday, July 10, 2014 Chevron expects its second-quarter profit to rise, helped in part by asset sales and fewer one-time charges.

Artificial Intelligence Software Aids Decision-Making in Onshore Drilling
Thursday, July 10, 2014 An artificial intelligence software program initially developed for offshore exploration has found a new niche in oil and gas land operations.

API Publishes 'Good Neighbor' Standards for Oil, Gas Developers
Wednesday, July 09, 2014 API issues a first-of-its-kind industry standard for community engagement in areas of the country where horizontal drilling and hydraulic fracturing have opened new energy development opportunities.

Six Formations Boost Permian Production
Wednesday, July 09, 2014 Crude oil production in the Permian Basin in Texas and New Mexico surges thanks to production gains in six formations.

KKR To Form US Oil And Gas Joint Venture With Riverstone
Wednesday, July 09, 2014 KKR & Co LP and Riverstone Holdings will form a US oil and natural gas venture that would be one of the largest producers in the Barnett Shale in Texas.

Oil On 2-Week Slide Even With Mideast Turmoil
Wednesday, July 09, 2014 The price of oil falls for the ninth straight day as global supplies continue to flow despite unrest in the world's most important oil-producing region.

Kansas City Southern, Global Partners Plan Texas Oil Rail Terminal
Tuesday, July 08, 2014 Railroad owner Kansas City Southern has teamed up with oil product distributor Global Partners LP to build a major oil train terminal in Port Arthur, Texas that will import crude from Western Canada.

Oil Slips Closer To $103 As Supply Fears Recede
Tuesday, July 08, 2014 The price of oil slips closer to $103 a barrel as concerns about supply disruptions continue to fade.

Feds Seek to Hike LNG Facility User Fees
Tuesday, July 08, 2014 The US Department of Transportation is accepting comments on a proposal to increase the user fees it levies on LNG facility operators.

EIA: Federal Lands Contributing Less to Total US Energy Picture
Monday, July 07, 2014 Sales volume figures from fossil fuel recoveries weaken in 2013, mostly due to a drop in offshore natural gas recoveries, according to an EIA report.

Rice Acquires Marcellus Assets from Chesapeake
Monday, July 07, 2014 Rice Energy signs a definitive purchase and sale agreement to acquire approximately 22,000 net acres and 12 developed Marcellus wells in western Greene County, Pennsylvania, from Chesapeake and partners.

Goodrich Updates Tuscaloosa Marine Shale Activity
Monday, July 07, 2014 Goodrich updates its drilling and completion activity in the Tuscaloosa Marine Shale.

Oil Slips Below $104 as Libya Set to Boost Exports
Monday, July 07, 2014 The price of oil slips below $104 a barrel on expectations that Libya will soon boost its exports of crude.

Vantage Energy Files for IPO of About $400M
Monday, July 07, 2014 Vantage Energy files with US regulators to raise approximately $400 million in an IPO.

Terrestrial Wi-Fi to Boost Underwater Communications
Friday, July 04, 2014 A company that has developed true underwater "acoustic Wi-Fi" for oceanography research is looking at how this technology could be applied to oil and gas operations.

Eyewear to Provide Clearer View of Worker Fatigue
Thursday, July 03, 2014 A new eyewear technology can allow companies to monitor drowsiness in their workers.

ABS, DSME to Jointly Develop the Industry's First LNG Fueled Drillship
Thursday, July 03, 2014 ABS partners Daewoo Shipbuilding & Marine Engineering to develop the industry's first liquefied natural gas fueled drillship.

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