SOTU: Obama pledges to open more offshore acreage, promote gas

US President Barack Obama will direct his administration to open more than 75% of the nation’s potential offshore oil and gas resources for development, he said in his 2012 State of the Union address.

Obama administration rejects Keystone XL permit application

US President Barack Obama’s administration rejected the cross-border permit for the proposed Keystone XL crude oil pipeline, saying that a deadline imposed by Congress does not give it time to properly determine if the proposed proj... Read More >

President's Jobs Council calls for 'all-in' energy strategy

The US should adopt an “all-in” energy strategy to meet its energy needs, according to President Barack Obama’s Jobs Council in a Jan. 17 report entitled, “Road Map to Renewal.”

Pembina Pipeline to buy Provident Energy

Pembina Pipeline Corp. agreed to buy Provident Energy Ltd. for $3.2 billion (Can.) to acquire natural gas liquids assets and create one of Canada’s largest publicly traded pipeline companies in terms of market capitalization. Both c... Read More >

Fixed platform eyed for field offshore Norway

Statoil proposes to develop Dagny oil and gas field in the Sleipner area of the Norwegian North Sea with a fixed platform and nearby Eirin gas field from the seabed. Dagny was discovered in 1974, Eirin in 1978.

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Strong drilling year seen in 2012 in US, Canada

01/09/2012 Drilling activity should remain strong in the US and Canada in 2012 after sub...

US energy demand to stay weak in 2012 amid strong oil, ga...

01/09/2012 US energy demand and economic activity in 2012 will gain some momentum from l...

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2011: 'Odd year' for oil

In case you didn’t noticed, 2011 was “an odd year”—one of “volcanic change” that yet le...

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Campaigns to call Obama conse...

From the perspective of the oil and gas business, campaigns by liberal commentators to ...

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Fabricating the Single-Lift Topsides

The Perdido team faced a tough decision. A conventional topsides design required a series of...

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