Regional News: United States
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Crude-Oil Futures Settle 3 Cents Lower at $94.25/Barrel
Thursday, May 23, 2013 Crude-oil futures prices slash early losses and rebound with equities prices to settle just three cents lower at $94.25 a barrel.
Nighthawk Makes Oil Find in Colorado
Thursday, May 23, 2013 Nighthawk announces an update on drilling at its 100-percent controlled and operated Smoky Hill project in the Denver-Julesburg Basin, Colorado.
Occidental CEO Discussed Potential Sale of Overseas Assets, Spinoff
Thursday, May 23, 2013 Occidental may consider selling its overseas assets or splitting into three separate companies in order to fund a stock buyback and improve its share price, Chief Executive Steve Chazen tells investors.
Virginia Senators Seek to Expand Offshore Energy Leasing
Thursday, May 23, 2013 Virginia Senators Mark Warner and Tim Kaine introduce legislation that would open up acreage offshore Virginia for energy leasing.
Oil Drops as Gasoline Stocks Rise, Fed Weighs Winding Down of Stimulus
Wednesday, May 22, 2013 Crude futures drop 2% on a government report showing rising fuel supplies and signs that the Federal Reserve may be closer to winding down stimulus efforts.
Delta SubSea, FMC Schilling Robotics Pen Framework Agreement
Wednesday, May 22, 2013 Delta SubSea enters a multi-year framework agreement with FMC Schilling Robotics.
Laredo, EnerVest Agree to Anadarko Basin Transaction
Wednesday, May 22, 2013 Laredo sells assets to raise capital for drilling activities in the Permian basin.
US Judge Dismisses Obstruction Charge Against Former BP Executive
Tuesday, May 21, 2013 A federal judge has dismissed a criminal charge against a former BP executive that alleged he tried to obstruct a Congressional investigation into the Deepwater Horizon incident by lying about the amount of oil flowing from the well.
Chesapeake to Aid Tornado Relief Efforts in Oklahoma
Tuesday, May 21, 2013 Chesapeake announces it will make a cash donation of $1M to the American Red Cross to be used in the rescue and recovery efforts to aid the victims of the devastating tornadoes that hit Moore, Oklahoma.
ConocoPhillips Contributes to Oklahoma Relief Efforts
Tuesday, May 21, 2013 ConocoPhillips announces a contribution to the American Red Cross to support relief efforts following the recent tornadoes in Oklahoma.
New US Energy Secretary Promises Review of Natural Gas Export Studies
Tuesday, May 21, 2013 Ernest Moniz promises a review of the government's existing studies of nat gas exports, raising the possibility that the US might re-do the analysis that has underpinned previous permit approvals.
Five US States Help Boost US Oil Production
Tuesday, May 21, 2013 Five US states besides Texas and North Dakota make a significant contribution to the growth in US oil production.
Colorado, Indonesia Schools Win Schlumberger Scholarships
Tuesday, May 21, 2013 Schlumberger announces its contribution of five scholarships to the American Association of Petroleum Geologists' (AAPG) Outstanding Student Chapter Awards.
Texas Sues Companies Connected to Macondo Oil Spill
Tuesday, May 21, 2013 The state has accused companies involved with the oil spill of violating environmental laws and is seeking damages for lost revenue.
Nymex Crude Falls After Four-Session Rally
Tuesday, May 21, 2013 US crude futures fall, snapping a four-session rally as investors pause ahead of weekly oil-inventory data and testimony from Ben Bernanke.
Chesapeake Picks Anadarko Executive Lawler as CEO
Monday, May 20, 2013 Chesapeake plucks a 46-year-old executive from a rival oil-and-gas company to succeed Aubrey McClendon as chief executive of the nation's second-largest natural-gas producer.
Bureau Veritas Selected as SEMS Audit Service Provider for COS
Monday, May 20, 2013 Bureau Veritas Certification announced its provisional accreditation as an official SEMS Audit Service Provider for the Center for Offshore Safety (COS).
Could Philadelphia Become 'Cushing East'?
Monday, May 20, 2013 A crude-by-rail terminal under development near Philadelphia could become an East Coast oil trading hub.
New York Landowners Sue Norse Energy USA Over Leases
Monday, May 20, 2013 Eighty-nine New York landowners who once agreed to let Norse Energy drill for natural gas on their property have filed a lawsuit against the struggling company.
Crude-Oil Futures Climb to Seven-Week High
Monday, May 20, 2013 Oil futures climb to a seven-week high amid optimism over the US economic recovery and the prospect of rising crude demand this summer.
Warren Resources Increases 2013 Capex
Monday, May 20, 2013 Warren Resources, Inc. announces it is increasing its 2013 capital expenditure budget to $73 million.
Oil Futures Follow Broader Markets to One-Week High
Friday, May 17, 2013 Oil futures rise to a one-week high, as broader markets rally on positive US economic data.
Energy Department Approves Freeport Natural-Gas Export Permit
Friday, May 17, 2013 The Obama administration clears the way for broader natural gas exports by approving a $10B facility in Texas, a milestone in the US transition into a major supplier of energy for world markets.
For US LNG and LPG Exporters, Canal Expansion Adds Market Flexibility
Friday, May 17, 2013 Two companies instrumental in selling LNG and LPG produced in the U.S. view the Panama Canal expansion as a means of reaching more customers.
Apache Shareholders Don't Approve Executive Compensation
Thursday, May 16, 2013 Apache shareholders didn't approve the energy company's executive compensation plan for 2012 at its annual meeting, making their displeasure with the company's performance known.
Crude-Oil Futures Settle up 86 Cents at $95.16/Barrel
Thursday, May 16, 2013 Crude-oil futures prices settle higher, climbing on hopes for rising demand as the peak summer gasoline demand season approaches.
Hess, Elliott Management Reach Agreement to End Proxy Contest
Thursday, May 16, 2013 Hess settles a months-long proxy fight hours before a shareholder vote, agreeing to name three directors backed by dissident hedge fund Elliott Management Corp.
Revised Hydraulic Fracturing Rule Available for Comment Period
Thursday, May 16, 2013 The Department of Interior seeks comments on the updated rule that would govern hydraulic fracturing on US federal and Indian lands.
Moniz Unanimously Confirmed as Energy Secretary
Thursday, May 16, 2013 The US Senate confirmed Ernest Moniz, a nuclear physicist who has lauded the US natural gas boom, as the next US Energy Secretary.
Transocean Inks New Contracts, Extensions; Sees More Downtime
Thursday, May 16, 2013 Transocean reports downtime for its drilling fleet but inks several new contracts for its rigs.
Crude-Oil Futures Edge Higher After Inventory Report
Wednesday, May 15, 2013 Crude-oil futures end a turbulent session little changed, after a report shows an unexpected drop in US oil stockpiles but also points to sliding gasoline demand.
AmericaCNG to Roll Out Solution to Associated Gas Production
Wednesday, May 15, 2013 AmericaCNG will begin rolling out in September mobile plants that will allow producers to monetize their natural gas liquids and convert methane production to LNG or CNG.
Washington Must Find a Way to Say 'Yes' to Offshore Exploration
Wednesday, May 15, 2013 Policy makers in Washington should know that finding ways to expanded production on the OCS does not mean they are shirking their responsibilities to provide oversight.
Job Market Particularly Strong for Deepwater Pros
Tuesday, May 14, 2013 A recruiter tells Rigzone that an uptick in deepwater activity has contributed to a marked increase in demand for riser, drilling and completion engineers worldwide.
ConocoPhillips CEO Says Production Will Start Rising by Year's End
Tuesday, May 14, 2013 ConocoPhillips CEO Ryan Lance tells shareholders that the company's long-awaited production growth rebound will begin by the end of this year.
Crude Oil Futures Settle 1% Lower at $94.21/Barrel
Tuesday, May 14, 2013 US crude oil futures fall for a fourth straight Tuesday, shedding 1% to settle at a two-week low of $94.21 a barrel on worries over high inventory and sluggish demand.
Dejour Energy Reaches TD at Kokopelli Well
Monday, May 13, 2013 Dejour Energy reaches total depth of 8130 feet in the Federal 6-7-15-21, the fourth and final well in the current Kokopelli drill program.
OTC Exhibitors: Technologies Trending Toward Deeper Water But Also Land
Monday, May 13, 2013 Existing offshore innovations are increasingly being re-purposed for greater depths, mature wells and even land rigs, OTC exhibitors tell Rigzone.
Hess Offers to Add Elliott Picks After Hedge Fund Scraps Bonus Plan
Monday, May 13, 2013 Hess says it is prepared to add two of Elliott Management Corp.'s nominees to the energy company's board after the dissident hedge fund scrapped an unorthodox bonus plan.
Oil Futures Weighed by Demand Worries, OPEC Output
Monday, May 13, 2013 Oil futures settle lower for the third straight session, weighed by concerns over weakening demand in China and robust global production.
Global Shale Oil Impact to Vary By Country
Monday, May 13, 2013 Shale oil production could reduce global oil prices and boost the global economy, but its impact will vary by country, according to a PwC study.
Nymex Crude Falls as Dollar, Weak Fuel Demand Weigh
Friday, May 10, 2013 Crude-oil futures fall on a stronger US dollar and new indications of sluggish global fuel demand.
Investigation Underway Into Utah Drilling Site
Friday, May 10, 2013 An investigation is underway into an explosion of an oil tank at a Newfield Exploration Co. site in Uintah County, Utah.
Expro Celebrates 40-Year Anniversary at OTC
Friday, May 10, 2013 Expro is celebrating its 40th anniversary at this year's Offshore Technology Conference (OTC) in Houston by showcasing its investment in new technology and innovation.
Hess CEO to Step Down As Board Chairman
Friday, May 10, 2013 Hess says CEO John Hess will step down as board chairman, a move to address criticism of its board days before shareholders choose 5 new directors from rival slates.
Houston American Energy Updates Test Results from La. Well
Friday, May 10, 2013 Pennington successfully carries out a recompletion of the Crown Paper #1 well.
GE Oil & Gas Looks to Tap Up and Coming Engineers
Friday, May 10, 2013 The next wave of oil and gas engineers shared some of the spotlight at this year's OTC, when GE highlighted its latest student survey results during the GE Oil & Gas Young Engineer Panel.
Women's Energy Network Forms New South Texas Chapter
Friday, May 10, 2013 Women's Energy Network (WEN) is forming a new chapter focused on South Texas.
BSEE, Coast Guard Enter Agreement to Improve Offshore Oversight
Thursday, May 09, 2013 BSEE Director James Watson and US Coast Guard Rear Admiral Joseph Servidio announce a new Memorandum of Agreement (MOA)to strengthen the working relationship between the two agencies.
OTC 2013 Sees Second-Highest Attendance in Show History
Thursday, May 09, 2013 Attendance at the 2013 OTC reached a 30-year high of 104,800, the second highest in show history and up 17 percent from last year.
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