RSS Oil & Gas News

  • Voters ready to respond to Keystone XL delays, API-sponsored poll finds April 24, 2014
    Candidates’ stances on whether to complete the proposed Keystone XL crude oil pipeline and other energy issues potentially could affect midterm congressional elections this November, a survey commissioned by the American Petroleum Institute suggested. […]
  • MARKET WATCH: NYMEX crude oil prices drop on high inventory numbers April 24, 2014
    Crude oil futures prices dropped modestly on the New York market on Apr. 23 following the release of a government report showing the highest oil inventory since the US Energy Information Administration began issuing weekly reports in August 1982. […]
  • Full set of tools needed for US Arctic spill response, NRC finds April 23, 2014
    A full slate of response tools will be needed to address crude oil spills in the US Arctic, but not all of those tools are readily available, the National Research Council said in a new report. […]
  • Nexen names chief executive officer April 23, 2014
    Nexen Energy ULC, a wholly owned subsidiary of CNOOC Ltd., has selected Fang Zhi as chief executive officer. He succeeds Kevin Reinhart, a 20-year company veteran who oversaw the acquisition of Nexen by CNOOC. […]
  • Hess to sell Thailand assets for $1 billion April 23, 2014
    Hess Corp. has sold its interests in Tailand’s Sinphuhorm and Pailin fields to PTT Exploration & Production PCL (PTTEP) for $1 billion, effective July 1, 2013. […]
  • MARKET WATCH: US oil futures fall more than $2/bbl awaiting inventory report April 23, 2014
    Crude oil futures fell more than $2/bbl on the New York market during Apr. 22 trading while analysts awaited the Apr. 23 release of a weekly US government inventory report, which showed another rise in oil supply as they had anticipated. […]
  • Moore named Gulfport Energy chief executive April 23, 2014
    Michael G. Moore has been named chief executive officer and a director of Gulfport Energy Corp., Oklahoma City. He had been interim chief executive and chief financial officer. He joined Gulfport Energy in 2000 and became president in August 2013. […]

RSS Exploration & Development News

  • Norway: TGS starts 2D, 3D seismic work in Barents Sea April 24, 2014
    TGS-NOPEC Geophysical Co. has started 2D and 3D multiclient projects in the Norwegian Barents Sea in preparation for the 23rd Norwegian licensing round. […]
  • Simba Energy to conduct 2D seismic survey in Kenya April 22, 2014
    Simba Energy Inc., Vancouver, BC, has signed an agreement with Bell Geospace to conduct a comprehensive airborne full-tensor gradiometry (FTG) survey on Block 2A in Kenya. The 30-day survey is expected to start in early May. […]
  • Statoil's oil sands production saw slight decline in 2013 April 21, 2014
    Statoil ASA reported a slight decrease in its oil sands production in 2013 because of a planned multiweek plant shutdown for facility maintenance and the integration of new scientific research and experimental development measures, according to the company's 2013 Oil Sands Report. […]
  • Proved reserves of US crude oil reach 36-year high in 2012 April 21, 2014
    US proved reserves of crude oil at yearend 2012 were estimated at 33.4 billion bbl, up 15.4% from 2011 and the highest since 1976, according to a report released Apr. 10 by the US Energy Information Administration. […]
  • Repsol drills dry hole offshore Trinidad and Tobago April 17, 2014
    Spain’s Repsol has drilled a dry hole with its Pinter One offshore Trinidad and Tobago’s east coast. The dry hole represents a major failure for the company, which has been trying to boost its falling crude production from its Teak Samman and Pouis acreage. […]
  • Total discovers oil deep offshore Ivory Coast April 17, 2014
    Total Exploration & Production says its Saphir-1XB exploratory well discovered oil in deepwater off Ivory Coast. […]

 

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