Regional News: United States
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Texas Petro Index: Seventh Record High as Production Closes in On All-Time
Friday, July 25, 2014 Karr Ingham’s Texas Petro Index shows energy in Texas is continuing to strengthen.
Hawaii-based Firm Scaling Up Nanotech for Oil, Gas Apps
Friday, July 25, 2014 Nanotech surface treatment could boost pipeline flow assurance, says exec.
Brent Climbs Above $108/bbl on U.S.-Russian Tensions, Supply Fears
Friday, July 25, 2014 Brent oil prices reverses early losses to climb more than $1 a barrel, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market.
Visualization Techniques Enhance Oil, Gas Training, Operations
Friday, July 25, 2014 Oil and gas companies are using 3D animation and imagery to bolster training efforts and to better demonstrate technical concepts and techniques.
U.S. State Department Names Hochstein Acting Energy Envoy
Friday, July 25, 2014 The U.S. State Department names Amos Hochstein as Washington's top energy diplomat, taking over as acting head of the Bureau of Energy Resources.
Study: Oil, Gas Industry Seeking to Protect Greater Sage-Grouse
Thursday, July 24, 2014 Oil and gas companies are implementing an average of over six conservation measures per project to protect the Greater Sage-Grouse bird on public lands, a study finds.
Breitburn Energy To Buy QR Energy For $1.46B
Thursday, July 24, 2014 Breitburn Energy agrees to buy QR Energy in a deal to create one of the largest US oil producers structured as a master limited partnership.
Noble Energy's Profit Beats As Output From US Fields Rises
Thursday, July 24, 2014 Noble Energy reports better-than-expected profit for 2Q thanks to a rise in production from wells in the Marcellus shale and the Denver-Julesburg basin.
Oil Falls On Worries About US Gasoline Demand
Thursday, July 24, 2014 The price of oil falls near $102 a barrel, erasing gains from the day before.
Crude Oil Rises On Drop In US Crude Inventories, Geopolitical Risk
Wednesday, July 23, 2014 Crude oil futures rise as oil stockpiles in the US fall more than expected and geopolitical tensions in Eastern Europe and the Middle East persist.
U.S. Proposes New Rules for Moving Crude Oil by Rail
Wednesday, July 23, 2014 The U.S. Department of Transportation announces a comprehensive set of proposed rules for the safe rail transport of crude oil and other flammable materials.
US Proposes New Rules For Moving Crude Oil By Rail
Wednesday, July 23, 2014 The US Department of Transportation proposes an overhaul of safety standards for transporting crude oil and ethanol by rail.
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.
Oil Slips As Supplies Flow Despite Conflicts
Tuesday, July 22, 2014 Brent and US crude settle lower after a choppy trading session as oil supplies remain unaffected by continuing violence in Iraq, Ukraine and Gaza.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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