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Noble Energy 1Q Profit Easily Beats Expectations
Thursday, April 24, 2014 Noble Energy posts a better-than-expected quarterly profit, helped by a jump in production across its US shale plays.
Ky. Senate Candidate Wants Keystone Pipeline OK'd
Thursday, April 24, 2014 Democratic US Senate candidate Alison Lundergan Grimes calls on Obama to approve the Keystone XL oil pipeline.
Argentina's Congress Approves $5B Repsol Indemnity
Thursday, April 24, 2014 Argentina's government is hoping to have an easier time attracting international investors to exploit its fields now that its Congress has agreed to pay Grupo Repsol $5B.
Oil Near $102 On Ukraine Crisis; US Gas Prices Up
Thursday, April 24, 2014 The price of oil rises to near $102 a barrel on worries about tensions in Ukraine.
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.
Pemex Chief Touts Mexico's Energy Reform In Washington Visit
Thursday, April 24, 2014 While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex says.
Comprehensive Program Needed to Address US Arctic Oil Spill Risk
Wednesday, April 23, 2014 The National Research Council offers recommendations to address the oil spill risk posed by commercial activity in US Arctic waters.
For Canada's Oil-Rail Terminal Firms, Muted Glee Over Keystone
Wednesday, April 23, 2014 The handful of firms racing to build oil train terminals in Western Canada should be rejoicing over the latest delay to TransCanada's Keystone XL oil pipeline, but many have troubles of their own.
Oil Falls As US Oil Supplies Rise By 3.5M Barrels
Wednesday, April 23, 2014 The price of oil slips as a government report shows US oil supplies rose more than expected last week.
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.
China Pollution Watchdog Lifts Ban on New Sinopec, CNPC Projects
Wednesday, April 23, 2014 China's environmental authority lifts ban on new approvals for refining projects for the country's top two oil firms.
Minister: Egypt to Pay Some $1B Owed Oil Firms Within Two Months
Wednesday, April 23, 2014 Egypt will pay about $1 billion of the money it owes to foreign oil companies within the next two months, the state's MENA news agency says, quoting Oil Minister Sherif Ismail.
Pirates Raid Oil Tanker off Malaysia, Take Away 3 Crew
Wednesday, April 23, 2014 Pirates raid an oil tanker off the coast of Malaysia and take three crew members with them.
Russia's Putin Wants Beefed-Up Presence In Arctic
Tuesday, April 22, 2014 President Putin says that Russia should step up its presence in the Arctic and challenge other nations in exploring the world's largest untapped natural reserves.
Exxon Finds Tapping Device On UK Oil Pipeline
Tuesday, April 22, 2014 ExxonMobil says it found a tapping device on a UK oil products pipeline following reports that a stash of diesel had been discovered that police said had been siphoned off by thieves.
Oil Companies Fight ND Plan To Slow Production
Tuesday, April 22, 2014 Dr. Lyle Best traveled nearly 200 miles from the heart of North Dakota's oil patch to tell state regulators one thing: "Slow down."
Kemp: Obama Stalls Drilling On Federal Lands
Tuesday, April 22, 2014 The White House likes to claim a share of the credit for the drilling revolution that has transformed North America's energy production and security, Kemp says.
Total Says No Oil Output Expected from Kashagan This Year
Tuesday, April 22, 2014 Total says no oil production was to be expected from the troubled Kashagan project in Kazakhstan this year and it was not likely to yield much next year either.
Oil Falls On Expectations US Stocks Rose Close To Record
Tuesday, April 22, 2014 US crude futures fall ahead of data expected to show that inventories in the world's top oil-consuming nation have risen close to record highs.
Fracking Foes Cringe As Unions Back Drilling Boom
Monday, April 21, 2014 After early complaints, some local construction trade workers and union members say they're now benefiting in a big way from the Marcellus and Utica Shale boom.
Oil Futures Range-Bound In Low Volumes, Eyes On Ukraine
Monday, April 21, 2014 Brent crude oil strengthens slightly while US crude is briefly supported by positive economic data.
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.
Sudanese Militants Kill Two, Kidnap Three at Oil Field
Monday, April 21, 2014 Armed militants killed two security staff and kidnapped a Chinese, an Algerian and a Sudanese worker in an attack on an oil field in Sudan's West Kordofan state, army spokesman Al-Sawarmi Khalid Sa'ad says.
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.
Minister: Turkey, Russia Agree on Boosting Blue Stream Gas Pipeline
Monday, April 21, 2014 Turkey and Russia have agreed to raise the capacity of the Blue Stream pipeline to 19 bcm annually from 16 bcm, Energy Minister Taner Yildiz says.
Biden Offers US Help On Energy, Aid Allocation For Ukraine
Monday, April 21, 2014 US VP Biden will announce a package of technical assistance focused on energy and economic aid distribution during a two day visit to Kiev.
National Energy Boom Blurs Political Battle Lines
Sunday, April 20, 2014 The US energy boom is blurring the traditional political battle lines across the country.
Texas Upstream Petroleum Economy Sustains Record Run
Friday, April 18, 2014 The upstream economy in Texas ventured further into uncharted territory in February, boosting the Texas Petro Index.
Subsea Friction Clamps May Provide More Precise Subsea Monitoring
Friday, April 18, 2014 Subsea friction clamps developed by Houston-based Astro Technology may enable more precise monitoring of subsea assets in water depths of up to 10,000 feet.
Shell Commited To Russia Expansion Despite Sanctions
Friday, April 18, 2014 President Vladimir Putin pledges to support Shell's Russia expansion plans at a meeting with the company's chief executive Ben van Beurden.
Minister: Oil, Gas Firms Committed To Russia Despite Sanctions
Friday, April 18, 2014 Russian and international majors are cooperating as usual despite sanctions imposed over Ukraine and Russia's South Stream pipeline project is going ahead, Energy Minister Alexander Novak says.
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.
Paper: Voestalpine CEO Calls For Europe To Frack In Low-Density Areas
Friday, April 18, 2014 Europe should consider allowing fracking for shale gas in sparsely populated areas, the chief executive of Voestalpine told a German newspaper.
US Extends Keystone XL Comment Period, Delaying Final Decision
Friday, April 18, 2014 The US State Department is extending the government comment period on the Keystone XL pipeline.
Baker Hughes Profit Rises as North American Margins Improve
Thursday, April 17, 2014 Baker Hughes posts better-than-expected results as revenue in its core North American business rose nearly 7%, sending its shares up about 4% in premarket trading.
Athabasca Sells Stake In Oil Sands Project To Partner PetroChina
Thursday, April 17, 2014 Athasbasca exercises an option to sell its 40% stake in the planned Dover oil sands project to its partner PetroChina for $1.20B after the project received final approvals.
Oil Output In South Sudan's Unity State Delayed By Fighting
Thursday, April 17, 2014 A new bout of fighting in South Sudan's oil-producing Unity state will delay the resumption of output in the region, a senior oil ministry official says.
Ex-BP Employee Settles SEC Insider-Trading Oil Spill Case
Thursday, April 17, 2014 A former 20-year veteran of BP who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges.
Kazakhstan Disappointed Over Kashagan Setback, But Signals Breather
Thursday, April 17, 2014 Kazakhstan's oil and gas minister says he was disappointed over the slow development of the giant Kashagan oilfield, but sees no legal reasons to put pressure on the consortium.
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.
Oil Tops $104 On Ukraine Fears
Thursday, April 17, 2014 The price of oil rises past $104 per barrel on worries over the upheaval in Ukraine.
Offshore Rig Takes on Water, Anadarko Halts Ops in GOM
Wednesday, April 16, 2014 Semisub ENSCO 8506 began taking on water in the Gulf of Mexico while conducting exploration activities for Anadarko.
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.
Thailand's PTT Cuts 2014 Investment Due to Political Unrest
Wednesday, April 16, 2014 PTT, Thailand's top energy firm, plans to cut its 2014 investment budget by as much as 30 percent to $1.86 billion as the country's ongoing political unrest delays the launch of new projects.
Remote, Oil-Rich Shetland Elbows Way into Scotland's Independence Vote
Wednesday, April 16, 2014 Shetlanders see the Scottish independence vote as an opportunity to gain a share of revenues from the oil pumped from the North Sea.
Brent Oil Rises Close To $110 On Ukraine Tension; US Oil Unmoved
Wednesday, April 16, 2014 Brent rises toward $110 a barrel on mounting tensions in Ukraine, while prices for US oil are nearly unchanged.
Minister: Passage of South Stream Pipeline via Turkey Possible
Wednesday, April 16, 2014 Turkey would consider allowing the South Stream pipeline to pass through its territory if Moscow made such a request, according to Energy Minister Taner Yildiz.
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.
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.
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