International news for oil and gas professionals
Networking groups range in opportunities and goals. Some groups focus on professionals from a single industry while others are limited to age, area, and gender.
When taxes increase on the rewards of work, the taxed work less. When taxes decrease on the rewards of work, the taxed work more.
Timur Kulibayev, former first vice-president of state oil company KazMunaiGaz (KMG) has been chairman of international trade association KazEnergy since it was founded in 2005.
The National Oceanic and Atmospheric Administration and other federal agencies worked hard in the 18 months leading up to the 2012 Arctic offshore drilling season and came away with important lessons when it ended and a better idea of its future needs, a NOAA official told a US Senate Commerce, Science, and Transportation Subcommittee on Oct. 11.
The American Petroleum Institute and other business groups filed a lawsuit on Oct. 10 against the US Securities and Exchange Commission its implementation of Section 1504 of the Dodd-Frank Act.
The 2012 elections may be just weeks away, but American Petroleum Institute congressional lobbyists have been looking beyond that for several months.
Samples collected from an oil sheen in the Gulf of Mexico matched samples of oil that originated from the deepwater Macondo well blowout and resulting spill in 2010 off Louisiana, the US Coast Guard confirmed.
A group led by Petrodorado Energy Ltd., Calgary, will test a thick new sand-prone package at the Dorados-1X indicated discovery on the Talora block in Colombia's Upper Magdalena Valley.
A research team led by the University of Texas at Austin and including engineering and environmental testing firms URS and Aerodyne Research is conducting a field study to measure methane emissions from natural gas production.
A study commissioned by Plains Exploration & Production Co. concluded that hydraulic fracturing of two test wells in Inglewood oil field in Los Angeles County, Calif., indicated no detectable evidence that it might induce earthquakes or have negative impact on groundwater quality, a consultant reported.
Offshore drilling for oil and gas is rebounding in the UK and falling in Norway, according to a recent report by Deloitte.
Shona Energy Co. Inc., Calgary, said its Geoproduction Oil & Gas Co. of Colombia will supply gas from the company's Esperanza block in Colombia's Lower Magdalena basin to the planned Altenesol Nataly I LNG project in Cordoba Province.
Although China gets most attention as an alternative buyer of heavy oil from Alberta, Canada's top energy official has taken a trip that deserves notice.