Regional News: United States
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Exxon: Rising Living Standards Propel Energy Needs
Thursday, December 12, 2013 By 2040, ExxonMobil says, 65% of the world's recoverable crude oil will still be in the ground.
Oil Little Changed As Demand Concerns Linger
Thursday, December 12, 2013 Oil prices barely budged Thursday, as concern about weak demand for gasoline and diesel fuel offset solid retail sales data in the U.S.
Marathon to Ramp Up US Shale Activity, Market North Sea Assets
Wednesday, December 11, 2013 Marathon Oil will accelerate its US shale activity and market North Sea assets for sale as part of its 2014 strategic plans.
Chevron Sets 2014 Budget At $39.8B
Wednesday, December 11, 2013 Chevron plans to spend $39.8 billion on projects and exploration in 2014, about 5 percent below the expected 2013 spending.
Magnolia Reports Jake Wells Boost
Wednesday, December 11, 2013 Four Jake wells add 156 barrels of oil equivalent per day to Magnolia Petroleum's production.
Brent Crude Rises, US Crude Falls As Spread Widens
Wednesday, December 11, 2013 Brent oil rises on supply concerns as traders remain skeptical that Libyan oil exports will resume while US crude falls after government data.
New Obama Adviser Will Not Work On Keystone XL
Wednesday, December 11, 2013 A new senior adviser to President Barack Obama will recuse himself from deliberations on the Keystone XL oil pipeline, the White House says.
Ex-BP Supervisors Win Dismissal of Some Manslaughter Charges
Wednesday, December 11, 2013 Two former BP supervisors win the dismissal of some of the manslaughter charges facing them over the Gulf of Mexico drilling rig explosion that killed 11 people in 2010.
Report: Female Representation in Oil, Gas on the Rise
Tuesday, December 10, 2013 A survey from BP and Rigzone reveals broad support of the steps being taken to ensure wider gender diversity.
BHP Says US Shale Business To Generate Cash From 2016
Tuesday, December 10, 2013 BHP Billiton says its US shale business would break even from 2016, generating cash that would grow to almost $3 billion a year by the end of the decade.
EIA Sees 2014 US Natgas Output Up From 2013 Record High
Tuesday, December 10, 2013 The EIA raises its estimate for domestic natural gas production in 2014, expecting output next year to be up 1.4% from 2013's estimated record-high levels.
US Crude Gains $1 On Anticipated Inventory Draw
Tuesday, December 10, 2013 US crude rises as market participants digest news of progress toward opening a major pipeline to move oil from the US Midwest to the Gulf.
Kentz Targets Americas Growth with $435M Valerus Buy
Monday, December 09, 2013 Engineering firm Kentz targets US and Latin American oil and gas markets with its acquisition of Valerus Field Solutions.
QEP Resources To Buy Oil Assets In Texas For $950M
Monday, December 09, 2013 QEP Resources says it will buy oil assets in Texas' Permian Basin as it looks to transform itself into a pure-play exploration and production company.
Proving Skills and Knowledge Under SEMS: One Solution
Monday, December 09, 2013 SEMSReady teaches company administrators and evaluators how to design and execute a documentable and auditable Skill and Knowledge Verification (SKV) program.
Oil Falls Slightly; Natural Gas Soars On Weather
Monday, December 09, 2013 The price of oil falls slightly, the first decline in seven trading sessions.
US Rig Count Increased By 12 This Week to 1,775
Friday, December 06, 2013 Baker Hughes says the number of rigs exploring for oil and natural gas in the US increased by 12 this week to 1,775.
America, The Energy Exporter
Friday, December 06, 2013 Bolstering North American energy infrastructure is set to solidify the United States as an energy exporter by the end of this decade.
ConocoPhillips Sets 2014 Budget Of $16.7 Billion
Friday, December 06, 2013 ConocoPhillips expects to spend $16.7 billion next year, with more than half earmarked for projects in North America.
Aramco Unveils New R&D Center in Boston Area
Friday, December 06, 2013 The Aramco Research Center in Cambridge opens as the first of three US-based research and development centers aimed at expanding the global research network and capability of Saudi Aramco.
Private Equity to Play Greater Role in Oil, Gas Investment
Friday, December 06, 2013 The oil and gas industry's growing capital investment requirements are the dominant driver in private equity investment activity, according to an EY survey.
UH Energy, Graduate School Host 'Focus On Energy' for Grads
Friday, December 06, 2013 The University of Houston's Energy Initiative and Graduate School successfully holds the first-ever Focus on Energy for graduate students.
Ultra Petroleum Notes Pricing of $450M Senior Note Offering
Friday, December 06, 2013 Ultra Petroleum announces the pricing of its private placement of $450 million aggregate principal amount of 5.75 percent senior unsecured notes due 2018 at par.
Oil Rises On US Jobs Data, But Fed Timing Weighs
Friday, December 06, 2013 US oil ends with its largest weekly percentage gain since July amid hopes for increased demand following strong jobs data from the United States.
Report: Significant Economic Benefits Seen from Atlantic Oil, Gas Devt
Thursday, December 05, 2013 Opening US Atlantic waters to oil and gas exploration could create significant economic benefits that will be felt throughout the United States, according to a recent report.
Shell Cancels US Gas-To-Liquids Plant As Costs Rise
Thursday, December 05, 2013 Shell says has canceled a proposed gas-to-liquids (GTL) plant in Louisiana less than two years after the plan surfaced as costs rose and the company reins in spending.
EIA: Texas Crude Oil Production Hits Monthly Record in September
Thursday, December 05, 2013 Texas crude oil average daily production figures hit a monthly record in September, the EIA says.
Shrugging Off Winter's Bite In N. Dakota Oilfields
Thursday, December 05, 2013 The extreme cold slamming the Great Plains isn't about to cool off one of the hottest segments of the American economy: North Dakota's oil patch.
Oil Gains On Strong US Growth; Natural Gas Soars
Thursday, December 05, 2013 The price of oil edges higher as the US economy grew more than expected in the third quarter.
New Western Acquires Additional Acreage in Oklahoma
Wednesday, December 04, 2013 New Western Energy completes the acquisition of an Oil & Gas lease onsisting of 80 acres adjacent to its Winchester & Thomas leases in Rogers County.
Exec: Marathon Petroleum's Utica Pipeline Could Spur More Projects
Wednesday, December 04, 2013 Marathon Petroleum's planned 50-mile pipeline in Ohio's Utica shale play could lead to other projects to move condensate further west or into Canada, an executive told analysts.
Edge Resources to Commence Multi-Well Program in Saskatchewan
Wednesday, December 04, 2013 Edge Resources announces it has secured a drilling rig for a multi-well drilling program in Eye Hill, Saskatchewan.
FormCap Updates Kansas Prospect Ops
Wednesday, December 04, 2013 FormCap announces that geological and geophysical (G&G) due diligence on the acquisition of 1500 acres of prospective oil leases in Cowley County, Kansas is completed.
Shell Charts Return To Offshore Alaska Drilling In July
Wednesday, December 04, 2013 Shell plans to return to Alaskan offshore drilling next July and will deploy an upgraded drillship in the Chukchi Sea, while keeping a newly contracted backup drillship ready if needed.
US Delays in LNG, Coal Export Permitting Could Violate WTO Agreements
Wednesday, December 04, 2013 The delay in US permits for LNG and coal export facilities could violate WTO agreements, a former WTO official argues in a recent report.
Oil Above $97 A Barrel As US Supplies Decline
Wednesday, December 04, 2013 The price of oil rises for a fourth straight day as the US government reports the first drop in crude oil supplies in 11 weeks.
BOEM Proposes Eastern Gulf of Mexico Oil, Gas Lease Sale
Tuesday, December 03, 2013 BOEM will hold a Gulf of Mexico Eastern Planning Area oil and gas lease sale in March.
US Business Leader: EPA Fracking Study Could Hurt Energy Boom
Tuesday, December 03, 2013 America's largest business lobby group warns the Obama administration against snuffing out the country's energy boom with regulations on new oil and natural gas drilling technologies.
BP Wins US Appeals Court Reprieve Over Some Gulf Spill Payments
Tuesday, December 03, 2013 BP wins a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs.
Schlumberger Sees 2% Fourth-Quarter Profit Hit From Iraq shutdown
Tuesday, December 03, 2013 Schlumberger expects the temporary shutdown of its operations in southern Iraq last month in a "security incident" to reduce 4Q profits about 2%.
Oil Jumps On News Of Pipeline Opening
Tuesday, December 03, 2013 The price of oil jumps more than 2% on the prospect of more oil flowing out of a key storage hub in the middle of the US.
UK, Trade Groups Tell US Court Ban Against BP Unfair
Tuesday, December 03, 2013 The US Environmental Protection Agency may have been too harsh when it banned BP from lucrative federal contracts as punishment for its 2010 Macondo oil spill, the UK and prominent business groups say.
Transocean Notes Management Changes
Tuesday, December 03, 2013 Transocean Ltd. announces a new change in management.
Ex-BP Engineer Who Deleted Texts Heads To Trial
Monday, December 02, 2013 Kurt Mix, who was a drilling engineer for BP, possibly faces a prison sentence if convicted of deliberately deleting text messages and voicemails about BP's response to the 2010 Macondo incident.
Energy Expert Economides Dies at 64
Monday, December 02, 2013 Dr. Michael Economides, a widely esteemed UH professor of chemical and biomolecular engineering, dies of heart attack at 64.
Oil Rises On Manufacturing Numbers From US, China
Monday, December 02, 2013 The price of oil rises more than 1% on encouraging manufacturing data from US and China.
Local Gas Drilling Laws Get A Key Airing In Ohio
Sunday, December 01, 2013 Both pro- and anti-drilling forces are watching the Ohio case because the outcome could encourage or deter the implementation elsewhere of local laws to limit drilling.
Brent Falls, Premium to U.S. Oil Narrows
Friday, November 29, 2013 Brent's premium over U.S. oil shrinks by $2.
Women Who Shine: Q&A with T.J. Thom
Friday, November 29, 2013 EPL's Senior VP, CFO T.J. Thom discusses trends, thoughts and how the energy industry changed her career path.
Career Spotlight: Health and Safety Engineer
Friday, November 29, 2013 Health and safety engineers watch over the health, safety and welfare of the crew.
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