Volume 113, Issue 2b

EPA offers new, twisted excuse to stall Keystone XL

Feb. 16, 2015

Anyone puzzled by the delay in approval of the Keystone XL pipeline border crossing-running 6 years now, and counting-should read the Obama administration's latest rationale.

General Interest

Alberta's premier seeks more North American energy integration

Feb. 16, 2015

Better policy integration and cooperation will be needed for Canada, Mexico, and the US to fully realize the North American energy renaissance's potential, Alberta Premier Jim...

Companies

USW union workers add two BP refineries to strike list

Feb. 16, 2015

Union workers at two BP PLC-owned refineries in Indiana and Ohio have joined the United Steelworkers union's unfair labor practice strike against the oil industry that began on...

General Interest

CNOOC cuts capital budget, starts production from Jinzhou 9-3

Feb. 16, 2015

CNOOC Ltd. is slashing its capital budget for 2015 by 26-35% to $11.25-12.86 billion compared with last year's budget. Capital expenditures for exploration, development, and production...

LNG

Watching Government: New York moves ahead on LNG

Feb. 16, 2015

New York, a state more often associated with fiercely resisting unconventional natural gas exploration and production, established a program to regulate LNG facilities on Jan....

More content from Volume 113, Issue 2b

General Interest

Statoil reduces capital budget by $2 billion following 4Q losses

Feb. 16, 2015

Statoil ASA has reduced its organic capital expenditure to $18 billion in 2015 from $20 billion in 2014. The move comes on the heels of a fourth quarter in which the Norwegian...

General Interest

BG's 2015 budget 'significantly lower' than 2014

Feb. 16, 2015

BG Group plans capital expenditures on a cash basis of $6-7 billion in 2015, a range it says is "significantly lower than 2014" due to "a lower oil price environment."

General Interest

BP trims capital budget by $4-6 billion

Feb. 16, 2015

BP PLC plans an organic capital expenditure of $20 billion in 2015, down from the previous guidance of $24-26 billion. Total organic capital expenditure in 2014 was $22.9 billion...

General Interest

Pessimism mounts over UK offshore industry

Feb. 16, 2015

Pessimism about the UK offshore oil and gas industry is gaining momentum.

General Interest

Deloitte studies oil supply growth for 2015-16

Feb. 16, 2015

A Deloitte MarketPoint analysis suggested large-field projects, each producing more than 25,000 b/d, could bring on 1.835 million b/d in oil supply this year, of which 635,000...

General Interest

Oil-price collapse may aggravate producing nations' other problems

Feb. 16, 2015

The recent global crude-oil price plunge could be aggravating underlying problems in Mexico, Colombia, and other Western Hemisphere producing nations, speakers suggested during...

Government

Real climate change

Feb. 16, 2015

"Climate change is real and not a hoax."

Refining

Oil, gas, and Wack-O-Wax

Feb. 16, 2015

Oil & Gas Journal reported on the Jan. 18 explosion at Petroleo Brasileiro SA's 323,000-b/d Landulpho Alves refinery in Sao Francisco do Conde, Bahia, Brazil (OGJ Online, Jan....

General Interest

OGJ Newsletter

Feb. 16, 2015

International news for oil and gas professionals