At the beginning of the 1990s all producing countries in Latin America permitted limited participation of the private sector in the oil and gas industry.
Robust pricing for oil and gas continue to drive North American fleet growth in the drilling market, and the number of land and marine drilling rigs continues to increase worldwide...
In the aftermath of the widespread hurricane destruction in the Gulf of Mexico in 2005, the cost of operations dramatically increased with increased demand for support services...
Modeling offshore energy risk presents a special set of design challenges. Actuarial techniques cannot be applied due to the relative infrequency of events and scarcity of historical...
Two new tools for E&P operationsA new quad full high-definition monitor for ultrarefined geoscience visualization and analysis and a new data-compression appliance are suited ...
ChileMethanex Corp., Vancouver, BC, agreed to provide $40 million to accelerate GeoPark Holdings Ltd.’s exploration and development program on the Fell Block in the Austral basin...
Laboratory experiments and observation of pit growth rates in six operating fields have led to development of a model to predict internal pitting corrosion of oil and gas pipelines...
When the front-month crude futures contract fell $3.45 to $91.17/bbl Nov. 13the lowest level in nearly 2 weeks on the New York Mercantile Exchangeafter the International...
More than half of the oil and gas industry’s basic assets in the UK North Sea that have been inspected over the past 3 years are in poor condition, and companies will face closure...
Brazilian Defense Minster Nelson Jobim claims that an oil discovery off Brazil underlines the need for his country to develop a nuclear submarine for protection.
Pioneer Natural Resources Co., Dallas, announced three executive appointments related to continued expansion of its operations in the US, South Africa, and Tunisia.
A US House committee chairman raised new questions about whether the Environmental Protection Agency is effectively monitoring a 2003 memorandum of agreement intended to eliminate...
Chevron Corp. subsidiary Cabinda Gulf Oil Co. Ltd. took delivery Nov. 26 of the giant Tombua Landana platform template, which was loaded from Heerema Fabrication Group BV’s Heerema...
Petroleos Mexicanos may close its Usumacinta oil rig and the Kab 121 oil well in the Bay of Campeche due to a continuing oil and gas leak, according to a senior company executive...
Natural gas can play an important role in the 27 European Union member states over the next decades as “a bridging fuel” to a sustainable energy future, said the gas trade group...
General Interest - Quick TakesIraqi oil minister defends stance on oil contractsIraqi Oil Minister Husayn Al Shahristani has defended his country’s efforts to prevent international...