Regional News: United States
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FlexGen Brings Portable Power to Remote Drilling Sites
Friday, March 07, 2014 FlexGen's military-proven power source finds crossover appeal in the energy industry.
Feds Detail Tests For Crude Moved By Rail
Thursday, March 06, 2014 Federal regulators offer more details on testing requirements for oil transported by rail and warn companies against skirting the rules after a spate of explosions caused by crude train derailments.
Musings: Fewer December Bakken Wells Point Out Shale Challenge
Thursday, March 06, 2014 North Dakota's December production fell by 50,000 bpd, or 5.3%. Was it all weather-related or a sign of our future when drilling activity slows?
Brent, US Oil Rise As Ukraine Risks Return
Thursday, March 06, 2014 US oil rises after falling to near 3-week lows as traders reconsider the geopolitical risk posed by worsening diplomatic relations over Russia's intervention in Crimea.
Exxon Expects Flat Output In 2014, Spending To Drop 6%
Wednesday, March 05, 2014 ExxonMobil expects oil and natural gas production to be flat this year as overall spending falls 6% to about $39.8 billion.
The Changing Landscape of North American Gas is Regulatory Policies
Wednesday, March 05, 2014 As the future of the shale gas revolution evolves, regulatory policies will continue to shape the industry's practices.
Kemp: BP Acknowledges US Shale Is Different
Wednesday, March 05, 2014 BP's decision to form a separate business to manage its onshore oil and gas assets acknowledges shale production is more like a manufacturing process than traditional petroleum exploration.
Oil Slides On Weak Demand Outlook, Ukraine Fears Subside
Wednesday, March 05, 2014 Oil prices slide nearly $2 per barrel as US government data reflects weaker oil demand as Europe and the United States head into spring and refiners move into maintenance season.
Moniz Open on Talks for Amending LNG Export Process
Wednesday, March 05, 2014 US Secretary of Energy Ernst Moniz says he will "welcome consultation" with US Congress on altering the LNG export approval process to address geopolitical needs such as the Ukrainian crisis.
Mackenzie: Keep Markets Free, Address Climate Challenges
Tuesday, March 04, 2014 BHP Billiton is optimistic in his CERAWeek keynote speech despite energy challenges.
BP To Establish US Shale Assets As Separate Unit
Tuesday, March 04, 2014 BP plans to separate its onshore US oil and gas assets into a new wholly-owned business to improve the competitiveness of its shale gas portfolio there.
Oil Falls Nearly 2% As Russia-Ukraine Fears Ease
Tuesday, March 04, 2014 Crude oil falls nearly 2% on comments from President Putin that eased concerns Russia would escalate its military intervention in Ukraine's Crimea peninsula.
Watson: US Should Move Forward with LNG, Crude Exports
Tuesday, March 04, 2014 Chevron CEO John Watson says US should move forward with exporting oil and LNG, noting that debate on free trade benefits won "long ago".
Anadarko Petroleum Raises 2014 Capex Budget By 8%
Tuesday, March 04, 2014 Anadarko raises its 2014 capital budget by nearly 8% and says it would spend about 60% of the total on drilling more oil wells onshore in North America.
Total's CEO Discusses Rising Costs, Meeting Global Demand
Tuesday, March 04, 2014 Total's CEO Christophe de Margerie notes large expenditures, delays and energy demands are the focus of the oil and gas industry.
Buffett Says US Economy Continues To Grow Steadily
Monday, March 03, 2014 Investor Warren Buffett says the US economy continues the steady improvement that began in fall of 2009 and remains optimistic despite Russia's advance into Ukraine.
Murkowski Could Take Legislative Action on Crude Export Ban
Monday, March 03, 2014 Alaskan Senator Lisa Murkowski could seek legislative action to lift the de facto ban on crude oil exports from the United States.
Oil Prices Spike On Russia Sanctions Fears
Monday, March 03, 2014 The price of oil jumps more than $2 a barrel as Russia's military advance into Ukraine raises fears of economic sanctions against one of the world's major energy producers.
Workforce Housing in Oil, Gas as a Recruitment, Retention Strategy
Friday, February 28, 2014 Employers strive to attract and retain top field workers in North America's growing oil patches through quality workforce housing.
Bakken Oil Rail Slows, Regulators Deny Terminal Closures
Friday, February 28, 2014 Oil shipments by rail from the booming Bakken have slowed over the past two days, data showed, but a US regulator knocked down rumors that some terminals have been shut down due to new rules.
Texas Tech Celebrates New Petroleum Engineering Building
Friday, February 28, 2014 Texas Tech University celebrates the opening of its new petroleum engineering facility.
Oil Ends Month With 5% Gain
Friday, February 28, 2014 The price of oil rises slightly and finished the month with a gain of 5%.
Oil And Natural Gas Down Slightly
Thursday, February 27, 2014 Energy markets were relatively tame, with both oil and natural gas showing small declines.
BOEM Completes Environmental Review for Activities Offshore Atlantic
Thursday, February 27, 2014 BOEM publishes a final environmental review of geological and geophysical survey activities off the Mid- and South Atlantic Coast.
AOPL, API Join Forces to Improve Safety of Liquid Pipelines
Thursday, February 27, 2014 Organizations representing liquid pipeline operators launch joint effort to enhance safety performance.
Shale Brings High Hopes In Mississippi, Louisiana
Thursday, February 27, 2014 Residents living above an oil-rich shale formation that stretches across southwest Mississippi and Louisiana have been waiting on a boom for years.
Time Ticking on US LNG Export Window of Opportunity
Thursday, February 27, 2014 The clock is ticking on the time window for the United States to reap the benefits of LNG exports, according to Wood Mackenzie.
Fossil Fuels to Keep Dominating Energy Consumption Mix
Wednesday, February 26, 2014 Despite more than 25 years of efforts to reduce fossil fuel consumption and boost renewable energy use, fossil fuels will keep dominating the global energy consumption mix, said IEA's Fatih Birol.
Chesapeake Swings To Quarterly Loss On Charges
Wednesday, February 26, 2014 Chesapeake swings to a quarterly net loss, hurt by charges related to its efforts to reduce debt and simplify its balance sheet.
Apache Sets 2014 Spending At $8.5B, N. America A Focus
Wednesday, February 26, 2014 Apache expects to spend $8.5B on exploration and production this year, with most of this investment earmarked for drilling wells onshore North America.
API, IPAA See Flaws in Tax Reform Draft
Wednesday, February 26, 2014 The discussion draft for proposed US tax reform could hinder job creation and the US energy and manufacturing sectors, say oil and gas industry group officials.
Oil Gains As US Supplies Rise Less Than Expected
Wednesday, February 26, 2014 The price of oil rises as US oil supplies increased less than expected.
Transocean Profit Slides On Lower Rig Demand
Wednesday, February 26, 2014 Transocean says that 4Q profit fell 49% from a year ago, hurt by lower rig utilization.
Whiting Petroleum Posts 4Q Loss As Costs Spike, Sees Output Rising
Wednesday, February 26, 2014 Whiting posts a quarterly loss as the company's exploration, production and interest costs spiked, but met Wall Street expectations.
Energy Institute: First US Energy-Focused High School
Tuesday, February 25, 2014 Houston's new Energy Institute High School puts students on an energy career fast-track.
Oil And Natural Gas Fall On Weather Forecasts
Tuesday, February 25, 2014 Oil and natural gas falls as weather forecasts back off previous predictions of unusually cold temperatures in March and April.
Despite Shale, Middle East Remains Key to Oil Demand
Tuesday, February 25, 2014 The US shale revolution has helped reshape the global energy market, but Middle Eastern oil will remain vital for meeting future Asian energy demand, said IEA's Fatih Birol.
Immelt: GE Will Increase Energy Spending To Aid Drilling Boom
Monday, February 24, 2014 GE plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $10B through 2020 for its "ecoimagination" budget.
Small Nebraska Agency Might Further Complicate Keystone Fight
Monday, February 24, 2014 A small Nebraska state commission is set to play a pivotal role in deciding the fate of the Keystone XL pipeline.
Ex-Chesapeake CEO McClendon Starts Oklahoma Drilling Venture
Monday, February 24, 2014 A firm backed by former Chesapeake Aubrey McClendon says it has raised nearly $700 million in financing to acquire acreage and production in central Oklahoma.
Chesapeake Considers Sale, Spinoff of Oilfield Services
Monday, February 24, 2014 Chesapeake Energy considers a spin off or sale of its oilfield services decision as the company continues to shed non-core assets to enhance liquidity.
Oklahoma Governor: Obama Says Sees Keystone Decision In Next Couple Months
Monday, February 24, 2014 Obama told governors that he expects to make a decision on whether to allow the Keystone XL pipeline from Canada in the next couple of months, Oklahoma Governor Mary Fallin tells reporters.
Oil Rises, But Natural Gas Sinks In Volatile Trade
Monday, February 24, 2014 The price of oil rises as another cold spell for the US Midwest and Northeast is expected to boost demand for heating oil.
Musings: Understanding Oil Industry Restructuring Currently Underway
Friday, February 21, 2014 A fallout from the American shale revolution is its impact on the restructuring of the oil industry's business model, G. Allen Brooks examines the changes underway, while focusing on Shell.
BNSF Plans to Upgrade Tanker Fleet after Accidents
Friday, February 21, 2014 BNSF Railway Co. intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a higher benchmark for safety within an industry that's seen multiple major accidents.
Nebraska Ruling Could Grant Obama Breathing Space On Keystone
Friday, February 21, 2014 A Nebraska judge's ruling on the Keystone XL pipeline could let President Barack Obama delay his final decision on the project.
Moving Forward in the Decommissioning Industry
Friday, February 21, 2014 As the decommissioning industry picks up steam, many questions will be addressed at the upcoming Decommissioning & Abandonment Summit.
Lone Star College Prepares Energy Students to Meet Industry Needs
Friday, February 21, 2014 Houston's Lone Star College is offering a wide variety of training and education for students interested in an energy career.
Goodrich: 2014 Plans Include Drilling 32 New Wells in the Tuscaloosa Marine
Friday, February 21, 2014 Goodrich Petroleum announces plans to drill 32 new wells in the Tuscaloosa Marine Shale.
Exxon Says Its Oil And Gas Reserves Rose Slightly In 2013
Friday, February 21, 2014 Exxon Mobil Corp's crude oil and natural gas reserves rose slightly in 2013, lifted by projects in U.S. shale fields and Abu Dhabi.
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