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News Categories: Industry Headlines News

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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.

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.

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.

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.

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.

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.

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.

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 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.

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 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.

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.

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.

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.

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.

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.

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.

South Sudan Rebels Say Seize Oil Hub Bentiu, Tell Foreign Firms To Go
Tuesday, April 15, 2014 South Sudanese rebels say they have seized the capital of oil-producing Unity state, Bentiu, and warn oil firms to pack up and leave within a week.

Oil Falls Ahead of Ukraine Meeting, US Supply Data
Tuesday, April 15, 2014 The price of oil falls ahead of talks aimed at defusing tensions over Ukraine and the latest report on U.S. oil supplies.

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.

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.

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.

US EPA Studies Whether To Regulate Methane From Oil And Gas
Tuesday, April 15, 2014 The US EPA took a step toward a wider strategy to address climate change, releasing 5 technical papers that will help it decide whether or not to regulate methane emissions from the oil and gas sector.

NES Survey: What Women Say About Working in the Oil, Gas Industry
Monday, April 14, 2014 A new recruiting industry survey reveals what women in the energy industry like and do not like about their careers.

Eni's New Head Caught Between Russia And The New frontiers
Monday, April 14, 2014 Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni.

Glencore To Buy Chad Oil Firm Caracal For $1.3B
Monday, April 14, 2014 Glencore Xstrata agrees to buy Caracal Energy for about $1.3 billion, a deal that will allow the commodity giant to expand upstream in the oil sector.

Israeli Gas Holds Promise of Better Ties with Neighbors
Monday, April 14, 2014 Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Nabors To Split CEO, Chairman Roles; Limits Severance Pay
Monday, April 14, 2014 Nabors says it would separate the roles of chairman and CEO after the tenure of Anthony Petrello ends and limit severance payments for executives.

Oil Price Up Past $104 Amid Ukraine Tensions
Monday, April 14, 2014 The price of oil rises on the prospect of higher demand in the US and escalating tensions in Ukraine.

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.

Energy Department Seeks Methane Hydrate Proposals
Sunday, April 13, 2014 The US Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.

Shell Drops Novel Norwegian Subsea Gas Project, Cites Costs
Friday, April 11, 2014 Shell drops an innovative project to provide compression for a major Norwegian gas field without the need for a platform, citing soaring costs and uncertainty about technology.

High-Cost Australia May Miss $180B LNG Expansion Wave
Friday, April 11, 2014 Stung by soaring costs, the gas industry paints a gloomy outlook for new LNG projects in Australia, putting at risk $180 billion of developments from 2018 onwards.

Ohio Links Fracking With Earthquakes, Announces Tougher Rules
Friday, April 11, 2014 Ohio regulators announce new rules for oil and gas drilling after evidence emerged linking the hydraulic fracturing extraction method to recent earthquakes.

Arctic Gas Project Backs Political Strategy as Russia Turns East
Friday, April 11, 2014 On the Arctic tundra far to the north of Moscow, Russia is charting a course for a liquefied natural gas project away from the West and towards Asia.

BP Competition Winners Look Forward to Alaska Trip
Friday, April 11, 2014 Rigzone talks to Christopher Clay, a member of Oxford University's winning team in the UK version of this year's Ultimate Field Trip competition run by BP.

Glaspie: Applying New Tools in Different Cultures
Friday, April 11, 2014 Multi-generational and multi-cultural workplaces often require new methods of assessing leaders, a panelist says.

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.

US Crude Nears 6-Week High As Consumer Confidence Supports
Friday, April 11, 2014 US crude oil rises to near a 6-week high, steered by stronger gasoline demand and a positive consumer confidence report, but gains are capped by profit taking and a declining demand outlook.

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.

EIA: US Oil Reserves Jump On Shale, But Gas Tumbles In 2012
Thursday, April 10, 2014 Proven US oil and condensate reserves jumped 15.4%, or 4.5 billion barrels, in 2012 owing to shale oil production, the EIA says.

Democratic Senators Press Obama For Keystone Decision By May 31
Thursday, April 10, 2014 Eleven US Democratic senators urge President Obama to make a final decision on whether to approve TransCanada's Keystone XL pipeline from Canada to the Gulf Coast no later than May 31.

BP Says Can Act As Bridge Between Russia And West
Thursday, April 10, 2014 BP can help enhance relations between Russia and the West and is talking to politicians across the world, executives say.

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