Regional News: United States
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Oil Companies' New Math Makes Them Look Bigger in Texas
Friday, November 21, 2014 Energy companies have long touted to Wall Street investors the number of acres they lease or own as a measure of how many oil and gas shale wells they can potentially drill.
Report: Bird Needs 3-Mile Buffer From Drilling
Friday, November 21, 2014 A government study with significant implications for the U.S. energy industry says the breeding grounds of a struggling bird species need a 3-mile or larger buffer from oil and gas drilling, wind farms and solar projects.
BSEE, Fieldwood Investigating Explosion from Maintenance on Echo Platform
Friday, November 21, 2014 An investigation is underway into a maintenance incident that killed one worker and injured three on a Gulf of Mexico platform.
One Dead in Explosion at Fieldwood Platform in Gulf of Mexico
Friday, November 21, 2014 An explosion at oil and gas operator Fieldwood Energy's Echo Platform in the Gulf of Mexico killed one person and injured at least one, but no pollution was reported, a U.S. safety agency and the company say.
Pennsylvania Benefits from Oil, Gas Extraction in the State
Friday, November 21, 2014 Oil and gas drilling in Pennsylvania is creating thousands of new jobs and providing funds to the state for infrastructure improvements.
Oil Up First Time in 8 Weeks on China Rate Cut, OPEC Expectations
Friday, November 21, 2014 Oil prices rise for their first weekly gain in two months with benchmark Brent crude returning to above $80 a barrel after a rally triggered by China's interest rate cut and speculation of an OPEC output cut.
Pryor to Retire from ExxonMobil
Friday, November 21, 2014 Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, elects to retire on January 1, 2015, after more than 44 years of service.
Apache to Sell $1.4B in Non-Core US Assets
Thursday, November 20, 2014 Apache will sell non-core assets in southern Louisiana and the Anadarko Basin for $1.4 billion as part of its strategic focus on its growing liquids production.
Oil Up After 3-Day Loss On Strong US Data, OPEC Cut Speculation
Thursday, November 20, 2014 Oil closes higher, snapping a three-day loss, as strong US economic data bolsters crude markets.
BBVA Compass: The Texas Economy Can Handle $70-80/bbl Crude Oil Prices
Thursday, November 20, 2014 The Texas economy is likely to remain strong as long as crude oil prices remain at, or above, the $70-80/bbl range, according to a recent report.
Chestnut CEO: Better Communication Might Have Prevented Denton Ban
Wednesday, November 19, 2014 An energy CEO discusses how the Denton voter referendum could have been prevented, and the likely outcome of the vote.
Oil Down On Fed Uncertainty Over US Economy; OPEC In Focus
Wednesday, November 19, 2014 Oil prices fall for a third straight day, as early gains on talk of a possible OPEC output cut vanish after the Federal Reserve releases minutes.
Studies Highlight Job, Economic Potential of Expanding US Offshore Leasing
Wednesday, November 19, 2014 Opening additional areas of the US Outer Continental Shelf could create over 800,000 jobs and generate significant government revenues, according to studies by API and NOIA.
Kemp: Keystone Is Dragging Down The Democrats
Wednesday, November 19, 2014 The Keystone pipeline has assumed a symbolic importance in the struggle between fossil fuels and renewables out of all proportion to its practical significance for either side.
US Senate Heads For Vote On Keystone XL Pipeline
Tuesday, November 18, 2014 Backers of the Keystone XL oil pipeline hope a vote in the US Senate late on Tuesday will send a bill clearing the way for the controversial project to President Obama.
Keystone XL Pipeline Bill Dies in Senate
Tuesday, November 18, 2014 A bill to force approval of the Keystone XL pipeline fails in the U.S. Senate, sparing President Barack Obama from having to veto legislation that several fellow Democrats supported.
Oil Extends Slide As Traders Seek Fresh Leads On OPEC
Tuesday, November 18, 2014 Oil falls for a second straight day as traders look beyond price defense attempts by Russia and Venezuela and toward Saudi Arabia and OPEC for fresh leads.
Baker Hughes CEO Due Millions if Halliburton Deal Closes
Monday, November 17, 2014 Martin Craighead, chairman and chief executive officer of Baker Hughes, stands to collect millions if Halliburton Co succeeds in its $35 billion takeover and he loses his job, according to regulatory filings.
Halliburton Faces Tough Sell in Taking Baker Hughes Deal to Regulators
Monday, November 17, 2014 Halliburton will have a tough time convincing U.S. regulators to approve its $35 billion deal to buy smaller rival Baker Hughes but could prevail with the right divestitures, antitrust experts say.
Halliburton to Buy Baker Hughes for About $35B
Monday, November 17, 2014 Halliburton will buy Baker Hughes for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger as customers begin to cut spending due to falling oil prices.
Keystone U.S. Senate Vote Hangs in Balance after Obama Remarks
Monday, November 17, 2014 Keystone XL pipeline in the U.S. Senate scramble to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. Gulf, a task made harder after President Obama made his toughest com
Study: Groundwater Quality Not Impacted by Bakken
Monday, November 17, 2014 Energy development in the Williston Basin oil production area of Montana and North Dakota, which includes the Bakken and Three Forks Formations, has not affected shallow groundwater quality, according to a recently published study.
Tubular Bells Starts Ringing as Production Flows
Monday, November 17, 2014 Chevron and Hess kick off production from the Tubular Bells deepwater project in the U.S. Gulf of Mexico.
Oil Down after One-Day Rise, as Japan Enters Recession
Monday, November 17, 2014 Oil prices fall after a one-day rally as fourth-largest crude importer Japan fell into recession and an OPEC meeting neared without an agreement to cut production.
In Keystone XL Debate, Obama's Warning on Oil Exports Rings Only Half True
Monday, November 17, 2014 President Barack Obama's sharpest criticism yet of Keystone XL this weekend included a controversial contention that the huge pipeline would be used to pump Canadian oil sands crude to global markets, not to U.S. refiners.
Cyber-Sputnik Needed to Spur Cyber Skills Development
Monday, November 17, 2014 The United States’ dependence on its digital infrastructure makes preparation against cyberattacks more critical than ever, a cyber-intelligence expert tells Rigzone.
Halliburton Worker Killed in Colorado Fracking Accident
Friday, November 14, 2014 An accident at a fracking site in Colorado killed a Halliburton worker and seriously injured two as they tried to thaw a high-pressure water line that had frozen in record-breaking cold conditions.
Oil Surges a Day after Brent Crash; Supply Fears Linger
Friday, November 14, 2014 Brent crude jump almost $2 a barrel for its biggest gain in three weeks amid support a day after crashing to four-year lows, but analysts doubt the rebound will continue.
Energy Job Growth, Keystone XL Pipeline Support Strong in Polls
Friday, November 14, 2014 North Dakota voters see a strong connection between increased oil and gas production and job growth, and most respondents favor the Keystone XL pipeline project.
KPMG: Thought Leaders Discuss Challenge of Energy Industry's Talent Gap
Friday, November 14, 2014 Recent survey results shed light on the talent shortage in the energy industry, what caused it, and what can be done to alleviate it.
DeSanctis: Embracing Diversity to Overcome Energy Challenges
Friday, November 14, 2014 The oil and gas industry faces challenges from fracking in shale formations, but there are also opportunities, as well.
US House Votes To Approve Keystone XL Pipeline; Senate Prospects Unclear
Friday, November 14, 2014 The Republican-led US House of Representatives passes a bill that would approve construction of the Keystone XL pipeline, but prospects for the Senate approving the measure remain uncertain.
Letter From North Dakota: The Oil Party Rocks On
Thursday, November 13, 2014 Falling oil prices have spooked Wall Street and even parts of Texas. But in North Dakota's booming oil patch, the crude-fueled party carries on.
Baker Hughes Says In Preliminary Merger Talks With Rival Halliburton
Thursday, November 13, 2014 Baker Hughes says it is in preliminary merger talks with its larger rival Halliburton, though any potential deal would likely face antitrust concerns.
Oil Slumps to 4-yr Low as Brent Crashes Below $80 a Barrel
Thursday, November 13, 2014 Oil prices slumped more than 3 percent to four-year lows on Thursday, with benchmark Brent crashing below $80 a barrel.
For House, 9th Pipeline Bill May Be The Charm
Thursday, November 13, 2014 The Republican-controlled House is on track to easily pass a bill Friday to approve the Keystone XL oil pipeline, and this time, the Senate may follow.
US House To Vote Friday On Keystone Pipeline Legislation
Thursday, November 13, 2014 The US House of Representatives plans to vote on a bill forcing approval of Keystone XL oil pipeline project on Friday, according to a congressional aide.
Brent Slips Below $80 As Saudis Refuse To Get Into Oil 'Price War'
Wednesday, November 12, 2014 Benchmark Brent crude slides below $80 a barrel, extending a freefall in oil prices that began earlier this year.
Bills To Approve Keystone pipeline Could Be Headed To US Senate, House
Wednesday, November 12, 2014 Bills to take approval of the contentious Keystone XL pipeline from Canada out of the hands of the Obama administration could be headed for votes in the US Senate and House of Representatives.
8 Questions: Martin Houston
Wednesday, November 12, 2014 Retired BG Group executive, now an LNG entrepreneur, is bullish on smaller-scale integrated projects.
Kemp: Will The Saudis Drive US Shale Out Of Business
Wednesday, November 12, 2014 There has always been a close link between US oil output, international prices and OPEC, so it should come as no surprise that N. America's shale drillers find themselves locked in a battle with Saudi Arabia.
EIA Sees US Oil Output Growth Slowing Slightly; Cuts Price View
Wednesday, November 12, 2014 US domestic oil output will keep growing next year as slumping crude prices have not discouraged producers in fast-growing shale regions, EIA says.
IEA: Low Oil Prices To Bite Into 2015 US Shale Growth
Tuesday, November 11, 2014 Falling oil prices may cut investment in US shale oil by 10% next year, the IEA says, slowing growth in a sector that has turned the United States to a major global producer.
Brent At 4-Year Low In Continued Hunt For Bottom, US Crude Up
Tuesday, November 11, 2014 Brent crude closes down after setting a four-year low and coming close to testing the psychologically important $80 a barrel support.
Surge in Petroleum Engineering Increases Energy Focus at Univ. of Wyoming
Tuesday, November 11, 2014 The University of Wyoming adds a drilling rig and makes changes to its energy program to better prepare a growing number of future energy graduates for their careers.
U.S. Judge Rejects BP Bid to Oust Gulf Spill Claims Chief
Monday, November 10, 2014 BP fails to persuade a federal judge to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill.
Will GHG Emission Reduction Create Stranded Fossil Fuel Assets?
Monday, November 10, 2014 A globally consistent carbon policy is needed to allow for the reduction greenhouse gas emissions and consumption intensity, ICF International analysts report.
Continental CEO Harold Hamm Ordered to Pay $995 Million in Divorce
Monday, November 10, 2014 An Oklahoma County judge orders Continental Resources Chief Executive Officer Harold Hamm to pay nearly $1 billion in a divorce judgment, according to a court filing made public.
Halcon Resources Slashes Drilling Rigs on Oil Price
Monday, November 10, 2014 Oil and gas producer Halcon Resources says it is cutting nearly half the rigs it originally planned to operate next year due to the more than 25 percent slide in crude oil prices.
Hess Sees Strong Output Growth Even with Low Oil Price
Monday, November 10, 2014 Oil and gas producer Hess Corp boosts its five-year production forecast, shrugging off the recent sharp drop in oil prices and touting development of shale formations and deepwater wells.
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