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News Topics: Analysis & Trends

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Report: Shale Gas Explorers Could Pump $55B into Britain
Thursday, April 24, 2014 The development of shale gas in Britain is expected to create more than 64,000 jobs and give local businesses a $55.37B capital injection.

All At Sea: Global Shipping Fleet Exposed to Hacking Threat
Thursday, April 24, 2014 The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet.

Report: UK Oil, Gas Supply Chain Worth $59B
Wednesday, April 23, 2014 A report from Oil & Gas UK and Ernst & Young finds that the UK oil and gas supply chain is worth $59 billion annually.

Austrian Energy Firm OMV Posts Rise in 1Q Production
Wednesday, April 23, 2014 Austria's OMV sees first-quarter production increase by 12 percent.

Douglas Westwood Says the Oil Industry Needs a Common Voice
Monday, April 21, 2014 Douglas-Westwood says the oil industry needs to have a common voice to counter negative perceptions of the sector.



East Africa: Global Oil & Gas Export Hub by 2020?
Monday, April 21, 2014 Kenya, Mozambique and Tanzania harbor ambitions to make East Africa the world's next oil and gas export hub by 2020.

Rice Adds Energy and Environment Initiative, Tackles Above-Ground Risks
Friday, April 18, 2014 Rice University links all energy-related activities and expands its energy program to meet industry needs.

The Link Between Energy Security and Foreign Policy Options
Thursday, April 17, 2014 Global energy security offers both challenges and foreign policy opportunities, industry leaders say.

Hydraulic Fracturing: Staying Afloat in Times of Tightening Water Supply
Wednesday, April 16, 2014 Fracking trails other uses for water as the energy industry works to further reduce water use.

Engaged Oil, Gas Employees is the Key to Retaining Talent
Tuesday, April 15, 2014 Employees in the industry need to be motivated, challenged and awarded to be highly engaged in an industry that is witnessing recruiting and retaining challenges, a panelist discusses.

Galp Beats Expectations with Big Oil Output Increase
Tuesday, April 15, 2014 Portugal's Galp sees oil and gas output jump by more than 19 percent during the first quarter of 2014.

China Inc Joins the Big League in Oil and Gas Services
Tuesday, April 15, 2014 Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals.

Musings: The Oil Industry's Era of Austerity - Part Two
Tuesday, April 15, 2014 Shell and BP's recent decisions to separate their shale-focused E&P businesses further represents efforts by integrated oil majors to deal with the new Era of Austerity.

Crimea: the Oil and Gas Story
Monday, April 14, 2014 The recent annexation of the Crimea region could land Russia with substantial Black Sea gas and oil resources off the peninsula's southwest and east coasts.

Small Companies Cautiously Optimistic On Natural Gas Drilling
Friday, April 11, 2014 The winter rally in natural gas prices is creating cautious optimism among smaller energy producers that see opportunity and future deals in a once-moribund market.

Kemp: US Oil Reserves Highest Since 1970s
Friday, April 11, 2014 US exploration and production firms are finding accumulations of crude and condensates twice as fast as they are producing them.

Energy Hub on Northern Territory Agenda
Thursday, April 10, 2014 Major LNG developments in Australia have opened up growth opportunities in the Northern Territory.

Australia's Unconventional Future Takes Shape
Thursday, April 10, 2014 Frontier shale gas resources continue to be considered as potentially being a long-term answer to addressing Australia's next wave of investment and supply.

Kemp: Shale Revolution Reverses Global Energy Flow
Wednesday, April 09, 2014 The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency.

Will Texas Ship Crude to California?
Tuesday, April 08, 2014 Texas is eyeing the possibility of shipping its excess crude oil to California, a state that historically imports from the Middle East and Ecuador.

Q&A Spotlight: Kim Heng's CEO Thomas Tan
Monday, April 07, 2014 Singapore's Kim Heng Offshore & Marine CEO Thomas Tan tells Rigzone his plans for the company and shares views on the industry.

UK Oil, Gas Sector Could Create 39,000 Jobs in 2014
Friday, April 04, 2014 A Bank of Scotland survey report says that the UK oil and gas sector could create 39,000 new jobs in 2014.

Long-Term Outlook for Recruitment at BP 'Remains Positive'
Friday, April 04, 2014 Recruitment outlook for BP "remains positive" in spite of a limit on spending by the oil major in 2014.

Oil & Gas M&A Reaches $33.4 Billion in 1Q 2014
Friday, April 04, 2014 The recent absence of major Chinese involvement and eroding profitability in the oil and gas industry has led to M&A reaching just $33.4B in 1Q 2014, Evaluate Energy reports.

Report: 2014 Bakken Oil Output 1.1MM Barrels A Day
Thursday, April 03, 2014 Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, Wood Mackenzie anticipates.

Maersk Drilling Outlines Future Plans
Thursday, April 03, 2014 Maersk Drilling lays out plans to provide the upstream oil and gas industry with appropriate rigs for a more challenging drilling environment.

Deloitte: CFOs Worries Return on 2014 Economic Outlook
Thursday, April 03, 2014 CFOs in a recent Deloitte survey express concern over the global economic outlook due to weak growth rates and external shocks.

Hiring, Retaining Staff Poses Challenges to US Interior Dept.
Wednesday, April 02, 2014 The Department of the Interior continues to face challenges hiring and retaining staff with key skills needed to manage and oversee oil and gas operations on federal leases.

Musings: Does EIA Drilling Productivity Report Reflect Real World?
Tuesday, April 01, 2014 G. Allen Brooks takes a closer look at the EIA's latest Bakken publication.

Crunch Year Ahead For Norway's Arctic Oil Adventure
Tuesday, April 01, 2014 Rising costs, lack of infrastructure and a string of poor exploration results may mean Norway's Arctic oil exploration peaks this year, energy officials say.

Oil & Gas UK Launches Project to Boost UKCS Exploration
Tuesday, April 01, 2014 Trade body Oil & Gas launches the first phase of a project that aims to stimulate more exploration on the UK Continental Shelf.

Eagle Ford Gas Draws Steelmakers to Texas' Coastal Bend
Friday, March 28, 2014 Lured by shale gas, iron and steel manufacturers are setting up shop near Corpus Christi.

Energy Boom Spurs Growth West Of The Mississippi
Thursday, March 27, 2014 New 2013 data shows that the majority of the fastest-growing metropolitan areas in the US are located in or near the oil- and gas-rich fields of the Great Plains and Mountain West.

Singapore Offshore Firms Expand Yards to Grow Business
Thursday, March 27, 2014 Optimism over business prospects has encouraged a few offshore companies in Singapore to boost yard capacity in the land-scarce island state.

Big Oil Firms Crack The Whip Over Service Companies
Wednesday, March 26, 2014 On a mission to crush costs, global oil firms are rewriting the rule book on how they deal with service companies.

Transferable Skills Are A Must in Oil, Gas Industry's Labor Shortages
Tuesday, March 25, 2014 As the labor shortages continue in oil and gas, companies are looking at other industries to find the needed skill set.

Musings: The Challenges Facing Saudi Arabia Include More Than Oil
Friday, March 21, 2014 Although the IEA is calling for Saudi Arabia to keep pumping nearly 10 MMbopd, G. Allen Brooks believes the country is struggling with the deteriorating political situation surrounding the country.

Musings: It's Official - Oil Industry Enters The New Era Of Austerity
Thursday, March 20, 2014 The industry has entered a new era of austerity, G. Allen Brooks says, which means a greater focus on cost control and increasing profits at the expense of boosting reserves and production.

MudCube Offers Breakthrough in Drilling Fluids Technology
Tuesday, March 18, 2014 A breakthrough in traditional shaker technology results in a new system for treating drilling fluids returning from a well, according to officials with Norway-based Cubility.

Louisiana's Gas Supply-Demand Balance: At A Crossroads
Monday, March 17, 2014 Expanding upstream investments, reversing pipeline flows and adopting new transportation rate structures will help Louisiana to tap new supply sources and maintain its natural gas market equilibrium, according to an ICF white paper.

Oil Price Pressure to Ease Despite Global Tension-IEA
Friday, March 14, 2014 A surge in supply from Iraq and other oil producers should be more than sufficient to meet growing demand this year, reducing pressure on markets despite rising international tensions, the West's energy watchdog says.

Dynamic Positioning Technology Evolves as E&P Goes Deeper
Friday, March 14, 2014 ABS talks with Rigzone about the improvements that have transformed dynamic positioning systems on offshore vessels.

CEOs of Biggest Russian Firms Could Be Hit by Sanctions -Paper
Friday, March 14, 2014 The CEOs of Russia's two largest firms are on a list of those who may be hit next week with European and U.S. sanctions over the Crimea crisis, a German newspaper reports.

Ukraine Crisis Sharpens Focus on European Shale Gas
Friday, March 14, 2014 Ukraine's crisis underscores the importance of Europe's drive for greater energy security and could buoy development of shale gas as the continent looks to cut back on Russian supplies.

Nigeria Official Outlines Global Oil Outlook, Piracy Challenge
Thursday, March 13, 2014 Nigeria’s Alternate President to OPEC, Diezani Alison-Madueke, discusses the oil and gas challenges facing Nigeria.

Wintershall Sees Growth from Production in Core Regions
Thursday, March 13, 2014 German oil and gas firm Wintershall expects an increase in income from its operations in 2014, helped by growth in its core regions.

Competency Key for US Gulf Electrical Work
Thursday, March 13, 2014 A shortage of qualified electricians certified as competent exists for the US Gulf of Mexico, according to hazardous area inspection and certification experts.

Shell Looks for Tighter Grip on Upstream Americas Operation
Thursday, March 13, 2014 Royal Dutch Shell plans to achieve a tighter grip on the financial performance of its Upstream Americas business.

Eagle Ford Production to Keep Growing Through 2014
Wednesday, March 12, 2014 Production from the Eagle Ford unconventional oil play in South Texas is expected to keep growing through 2014 and to break the 1.5 million barrel per day mark in 2015.

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.

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