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  • Volume 113, Issue 2a
  • Volume 113, Issue 2a

    General Interest

    Oxy cuts capital budget by a third

    Feb. 9, 2015
    In the midst of falling oil prices, Occidental Petroleum Corp., Houston, expects to reduce its total capital spending for 2015 to $5.8 billion from $8.7 billion in 2014.
    Government

    Watching Government: EPA's ozone proposal

    Feb. 9, 2015
    Witnesses from the US oil and gas industry and other businesses strongly spoke out on Jan. 29 against the US Environmental Protection Agency's proposal to reduce the ozone National...
    General Interest

    Hess cuts capital budget by 16% to $4.7 billion

    Feb. 9, 2015
    Hess Corp. has set a capital budget of $4.7 billion for 2015, down 16% from $5.6 billion spent last year. The company at the beginning of 2014 reported a $5.8 billion budget for...
    Refining

    Union strike under way at US refineries, petchem plants

    Feb. 9, 2015
    The United Steelworkers Union (USW) has instituted a strike at nine US refining and petrochemical production plants following a breakdown in negotiations with oil companies over...
    Companies

    Chevron, BP, ConocoPhillips join to explore, appraise gulf leases

    Feb. 9, 2015
    Chevron Corp. subsidiary Chevron USA Inc., BP PLC unit BP Exploration & Production Inc., and ConocoPhillips Co. have pledged to work together to explore and appraise 24 jointly...

    More content from Volume 113, Issue 2a

    General Interest

    Anadarko reports 2014 loss, remains upbeat about Wattenberg

    Feb. 9, 2015
    Anadarko Petroleum Corp. announced a 2014 net loss of $1.75 billion, or $3.47/share diluted, including a net loss of $4.05 billion associated with the settlement of litigation...
    Government

    White House proposes making ANWR coastal plain wilderness

    Feb. 9, 2015
    The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its coastal plain, as wilderness.
    Government

    Obama's proposed fiscal 2016 budget recycles oil tax increases

    Feb. 9, 2015
    US President Barack Obama has proposed his federal budget for fiscal 2016 that he said was designed to help a beleaguered middle class take advantage of a strong economic recovery...
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    General Interest

    OGJ Newsletter

    Feb. 9, 2015
    International news for oil and gas professionals
    Government

    After Keystone nod, Congress should okay ANWR leasing

    Feb. 9, 2015
    Now that it has passed legislation supporting the Keystone XL pipeline, Congress should approve oil and gas leasing of the Arctic National Wildlife Refuge coastal plain in Alaska...
    General Interest

    OGJ's top tweets of 2014

    Feb. 9, 2015
    One of the most important concepts for any decent writer to master is this: Know your audience. Luckily for those reporting on news and technology for Oil & Gas Journal, this ...
    General Interest

    PwC: Low oil prices might drive surge in restructuring in 2015

    Feb. 6, 2015
    Mergers and acquisitions (M&A) in the oil and gas industry hit 10-year highs in terms of deal value and volume in 2014, according to a report from PwC US.
    Government

    US Senate passes bill approving Keystone XL pipeline project

    Feb. 6, 2015
    The US Senate has passed a bill approving construction of the proposed Keystone XL crude oil pipeline by a 62-36 vote after 3 weeks of debate. Nine Democrats joined 53 Republicans...
    Government

    DOI's 2017-22 draft proposed OCS program includes Mid-Atlantic sale

    Feb. 6, 2015
    The US Department of the Interior released a draft proposed 2017-22 Outer Continental Shelf management program that included 14 potential oil and gas lease sales in 8 planning...
    General Interest

    The budget vision

    Feb. 6, 2015
    Just because the budget proposed for fiscal 2016 by President Barack Obama mimics six predecessors in its treatment of oil and gas and again has no hope for congressional approval...