Widespread destruction during the 2005 hurricane season in the Gulf of Mexico has led to Louisiana creating additional Special Artificial Reef Site (SARS) locations for disposing...
Petrobras America Inc. and a segment of Anadarko Petroleum Corp., both of Houston, were among the top five companies with the highest number of accepted high bids of leases in...
Energy projects included in the strategic plan of Brazil’s state-owned Petroleo Brasileiro SA (Petrobras) are underpinning the country’s new “Program for Accelerated Growth” (...
The US government receives one of the world’s lowest government takes-revenue as a percentage of the value of production-from oil and gas produced from its lands, the US Government...
General Interest - Quick TakesNorway plans $17.6 billion budget for NCSNorway expects operators will spend $17.6 billion on the Norwegian Continental Shelf in 2007, according ...
Loews Corp. and XTO Energy Inc. agreed to buy certain oil and natural gas producing properties in two separate deals from Dominion Resources Inc. for a total of $6.5 billion.
The US Gulf of Mexico is one of three regions-including the North Sea and South China Sea-that together are expected to receive half of total offshore spending through 2011.
Oil and gas from the UK North Sea will remain important in meeting the country’s energy needs, the UK government confirmed in its long-awaited Energy White Paper on May 23, but...
Is the oil and gas industry shaking? Maybe not, but Iowa corn growers could be doing so after billionaire investor George Soros last week called on the US and Europe to drop tariffs...
The front-month natural gas contract was knocking at the $8/MMbtu level in intraday trading May 30-31 in New York, with investors expecting warmer temperatures across most of ...
MacGregor Group ABGothenburg, Sweden, has announced formation of a new division, MacGregor Offshore. The division is built on two recently acquired companies, Hydramarine in Kristiansan...
Current industry trends in software design and careful examination of work patterns at pipeline operators have led to the development of new data management and analysis tools...