News Topics: Analysis & Trends
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Technology to Create New Water Source for Marcellus Operators
Tuesday, March 11, 2014 A company will install its first treatment system that will allow acid mine drainage water to be used in hydraulic fracturing operations in the Marcellus shale.
Is the Propane 'Shortage' Really a Shortage?
Tuesday, March 11, 2014 If propane production is up in the United States, why did some regions have to contend with tighter supplies this winter?
What's Next on the Geopolitical Horizon
Monday, March 10, 2014 Experts offer their insights into future geopolitical trends as the CERAWeek Conference wraps in Houston.
Polish PM: Germany's Dependence On Russian Gas Poses Risks For Europe
Monday, March 10, 2014 Poland's prime minister will ask Chancellor Angela Merkel to work to reduce German and European dependence on Russian gas to avert "potential aggressive steps by Russia in the future".
Subsea: State of the Industry
Monday, March 10, 2014 Recent quarterly results from oilfield services and equipment suggest the subsea sector is in rude health despite a wider slowdown in capital spending by upstream firms.
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.
Middle East Businesses to Increase Employee Headcount in 1Q 2014
Friday, March 07, 2014 Businesses in Dubai project an increase in new hires in the first quarter 2014 with the oil and gas industry employment outlook remaining strong throughout the year.
Rice, Harvard University: The Geopolitics of Natural Gas
Friday, March 07, 2014 A new study by Rice and Harvard looks at the future of the global natural gas market, including various scenarios for a changing political and economic climate.
Kazakhstan Sues Foreign Oil Majors Over Flailing Kashagan
Friday, March 07, 2014 Kazakhstan is suing foreign oil majors developing Kashagan, a tactic similar to those that secured the government large stakes in two other multinational energy projects on its territory.
E&P Exec Skeptical About Effectiveness of DOT Tank Car Order
Friday, March 07, 2014 Recent action on crude-by-rail by the US Department of Transportation is "ludicrous," opines Breitling Energy CEO Chris Faulkner.
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?
'Oil Facts' App Wins Norwegian Award
Thursday, March 06, 2014 An app called 'Oil Facts' developed by the Norwegian Ministry of Petroleum and Energy has been named 'Best Useful App' at Norway's annual Farmand Awards.
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.
Expanded Caspian Pipeline Hits Record High Oil Exports In Feb
Wednesday, March 05, 2014 Russian and Kazakh oil exports via the Caspian Pipeline Consortium hit a record high.
Mackenzie: Keep Markets Free, Address Climate Challenges
Tuesday, March 04, 2014 BHP Billiton is optimistic in his CERAWeek keynote speech despite energy challenges.
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".
Kemp: Global Oil And Gas Drilling Hits 30-Year High
Tuesday, March 04, 2014 Drilling for oil and gas deposits outside North America has hit the highest level in three decades, led by big exploration and production programs in the Middle East and Africa.
Seadrill Expects High Rig Rates In African Contracts
Tuesday, March 04, 2014 Seadrill is likely to get higher-than-expected rig charter rates in forthcoming African contracts, even while rates fall across the industry, its CFO says.
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.
Myanmar Still Deliberating on Offshore Block Tender Award
Monday, March 03, 2014 Myanmar mulls a much awaited tender award for 30 offshore petroleum blocks, with a decision now expected by the end of March.
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.
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.
Russia's Gazprom Neft Says Reserves Growth Outstrips Production
Thursday, February 27, 2014 Gazprom Neft says its proven hydrocarbon reserves rose 12 percent last year to reach 9.8 billion barrels.
Transocean Estimates 18-24 Months Before Rig Demand Recovers
Thursday, February 27, 2014 Transocean says it could take up to 18 to 24 months for demand to recover as customers delay drilling programs.
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.
Making the 'Subsea Factory' a Reality
Wednesday, February 26, 2014 Rigzone talks to GE Oil & Gas about its plans to develop subsea equipment that will ultimately be used in the "Subsea Factory" envisaged by Statoil.
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.
North Sea 'Paradox' Highlighted by New Survey
Tuesday, February 25, 2014 Capital spending and production remain high on the UK Continental Shelf but exploration activity is at a historic low.
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.
Floating Production Sector Mildly Optimistic about Growth
Monday, February 24, 2014 The petroleum industry appears cautiously optimistic about prospects for floating production systems amid competition from unconventional oil and gas for a slice of investment capital.
Exploration Big On Chevron's Australian Agenda
Friday, February 21, 2014 Chevron plans to add to its growing list of exploration successes in Australia by making several new discoveries and expanding its portfolio of assets.
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.
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.
CEOs Bullish on Firms' Outlook, but Challenges Loom for Overall Industry
Thursday, February 20, 2014 Energy CEOs are bullish on individual company growth but see challenges for the industry's overall revenue growth on a number of fronts, a PwC survey finds.
All Eyes on Iran's Oil, Gas
Wednesday, February 19, 2014 Iran's oil and gas projects may see international investment as the US and EU lift sanctions crippling the country's economy.
CNOOC Outlines Business Strategy, Development Plans for 2014
Tuesday, February 18, 2014 CNOOC recently unveiled its business strategy and development plan for 2014, with the firm holding on to a long term production growth target for the period 2011 to 2015.
Oil, Gas Compensation Declines for Second Year in a Row in North America
Tuesday, February 18, 2014 Overall average compensation for North American oil and gas pros fell about 3% to $92,160 in 2013 from $94,722 in 2012.
Energy Panelists Discuss How to Sustain Energy Industry for Growth
Tuesday, February 18, 2014 Public and private sectors meet in Houston to discuss regulatory climate and other challenges facing the energy industry.
Oil Firms Seen Cutting Exploration Spending
Monday, February 17, 2014 Global oil firms are about to cut exploration spending, pulling back from frontier areas and jeopardizing their future reserves, industry insiders say.
Oil Spill Technology Research Continues for Arctic Exploration
Monday, February 17, 2014 Arctic oil spill response technology remains a focus of significant research as the oil and gas industry seeks to minimize its footprint on the Arctic environment.
NW Europe Drilling Activity Holding Up Well
Friday, February 14, 2014 Deloitte's recent review of northwestern Europe's upstream industry reveals the UK had a dip in exploration activity in 2013 while the broader picture shows drilling across the region is holding up well.
Technology Seen as Enabler for Arctic Exploration, Production
Friday, February 14, 2014 Technology can serve as an enabler for long-term oil and gas development in the Arctic, but is just one of several aspects of Arctic E&P that companies must address.
Robust Demand Tightening Oil Market, IEA Says
Thursday, February 13, 2014 Stronger-than-expected demand drains oil inventories to their lowest level since 2008.
Shale Presents Competition for Arctic Oil, Gas Development
Thursday, February 13, 2014 The Arctic region holds significant untapped oil and gas resources, but development faces major competition from shale and other sources, an analyst tells attendees at the Arctic Technology Conference.
OPEC Joins US In Predicting Stronger 2014 Oil Demand
Wednesday, February 12, 2014 World oil demand will rise slightly more than expected in 2014, OPEC says, becoming the second major forecaster this week to predict higher fuel use as economic growth picks up in Europe and the US.
Pertamina Likely to Maintain Drive to Add Upstream Assets
Tuesday, February 11, 2014 Indonesia's Pertamina appears likely to maintain its drive to acquire upstream oil and gas assets at home and abroad amid lingering concerns about energy security.
Musings: A Dutch Gas Bubble Could Create Global Indigestion
Tuesday, February 11, 2014 The Dutch government's recent decision to cut output from the Groningen field will resonate around the world as as Russia gains an opportunity to sell more gas to Europe, according to G. Allen Brooks.
EIA Lowers US Oil Output Forecast But Highlights Shale Upside
Tuesday, February 11, 2014 The EIA lowers its US crude oil production forecast for this year and next due to recent severe weather but said improving technology could boost shale oil output over the next two years.
Ten Free Smart Device Apps for Oilfield Workers
Monday, February 10, 2014 There are dozens of mobile phone and smart device apps available for oilfield workers. Here, Rigzone takes a look at 10 that cost you nothing to download.
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