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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.
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.
INSIGHT: Equatorial Guinea Seeks To Shake Off 'Oil Curse' Image
Monday, March 10, 2014 Equatorial Guinea President Teodoro Obiang Nguema is keen to shed the oil-rich country's negative image.
California's Brown Hears Fracking Gripes
Monday, March 10, 2014 In a year when California Democrats are worried about motivating their voters, Gov. Jerry Brown heard another unwelcome message Saturday: Some Democratic activists are bristling over his administration's policies on hydraulic fracturing, or fracking.
Ukraine's EU Neighbors See US Gas as Russian Hedge
Monday, March 10, 2014 Four Central European nations are urging the United States to boost natural gas exports to Europe as a hedge against the risk that Russia could cut its supply of gas to Ukraine.
North Korea-Flagged Ship Finishes Loading Oil at Libya Rebel Port
Monday, March 10, 2014 A North Korean-flagged tanker loads up with crude oil at the Libyan rebel-held port of Es Sider, with the Libyan government threatening to bomb the ship.
Paper: EC to Delay Russian South Stream Gas Pipeline Talks
Monday, March 10, 2014 The EU Energy Commissioner will delay talks with Russia on the South Stream gas pipeline project due to the crisis in Crimea.
US Commerce Secretary in Gulf Ahead of Obama Visit
Monday, March 10, 2014 The U.S. Secretary of Commerce is in the Middle East, telling officials from the United Arab Emirates, Saudi Arabia and Qatar that closer economic cooperation with Washington is a way to build deeper security ties with the United States.
Oil Sinks On Weak China Data and As Heating Season Ends
Monday, March 10, 2014 US oil fell by more than $1 per barrel, pressured by an unexpected drop in China's exports that stoked fears of a slowdown in the world's second-largest economy.
Chad Oil Drilling Workers Start Three-Day Strike over Pay
Sunday, March 09, 2014 1,600 workers in Chad's oil exploration sector begin a three-day strike.
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.
Campaigners Highlight 'Shortcomings' of Irish Oil, Gas Tax Regime
Friday, March 07, 2014 As Ireland's energy minister appoints Wood Mackenzie to advise on the country's tax regime for oil and gas, campaign group Own Our Oil calls for an overhaul of how the industry is taxed and regulated.
Foreigners to be Mostly Kept Out of China's Privatizations
Friday, March 07, 2014 As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions.
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.
CERAWEEK: Latin America Takes Oil Spotlight Despite Troubles
Friday, March 07, 2014 Nationalizations, currency controls, contract changes, subsidies and political instability over the last 15 years have not prevented energy investors from showing renewed interest in Latin America.
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.
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.
Oil Rises On Solid Gain In US Hiring
Friday, March 07, 2014 The price of oil creeps up to near $102 a barrel after a solid increase in US employment and a decline in the dollar.
State News Agency: Yemen Names New Oil And Interior Ministers
Friday, March 07, 2014 Yemen appoints new oil and interior ministers, state news agency Saba reports, after a series of lethal attacks on security targets and oil facilities.
Shell Wants Scotland To Stay In UK As Oil Firms Opt For Stability
Thursday, March 06, 2014 Shell becomes the second oil major, after BP, to urge Scotland to stay within the UK ahead of the referendum planned for this September.
Egypt Tries Harder To Stop Energy Firm Exodus
Thursday, March 06, 2014 Egypt is enhancing exploration terms and striving to repay nearly $5B it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa.
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.
VNG Norge Hits Oil, Gas with Pil Well
Thursday, March 06, 2014 VNG Norge finds 443 feet of oil and 299 feet of gas with its Pil well in the Norwegian Sea.
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.
Britain Far from Primed for Shale Gas Exploration, Experts Say
Wednesday, March 05, 2014 Britain's lack of onshore drilling infrastructure and local opposition will impede the development of shale gas exploration, according to speakers at the Shale UK conference.
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.
China's CNPC to Open Six Business Areas to Private Investors
Wednesday, March 05, 2014 China National Petroleum Corporation plans to open six business areas to private investors, its chairman says, two weeks after peer Sinopec Corp opened up its retail oil business to non-state partners.
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.
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.
Thai PTTEP Cuts 5-Year Investment Budget, Sales Forecast
Wednesday, March 05, 2014 PTTEP cuts its five-year investment budget by 8 percent and 2014 petroleum sales target by 3 percent due to lower output from an Australian field and a delay in the startup of a gas field in Myanmar.
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.
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.
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.
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.
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".
CERAWEEK-Chevron CEO Says Ruling In Ecuador Case A 'Resounding Victory'
Tuesday, March 04, 2014 Chevron CEO John Watson says his company won a "resounding victory" after a US district judge quashed a judgment against the company that was handed down by an Ecuadorean court.
BP Questions US Court's Decision on Oil Spill Payments
Tuesday, March 04, 2014 BP disputes decision made in a US appeal court to reject the company's move to halt payments under 2012's Economic and Property Damages Settlement relating to the Macondo oil spill.
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.
Russia's Energy Minister Cancels Amid Tensions in Ukraine
Monday, March 03, 2014 Alexander Novak pulls out of energy conference amid tensions in 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.
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.
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.
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.
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.
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.
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