Oil News &
Gas News

Latest Oil & Gas News

MARKET WATCH: Gas price rises on production cuts

Feb 10, 2012

The front-month natural gas contract climbed 4% Feb. 9 in the New York market after Chesapeake Energy Corp. told investors its production cuts are actually more than the minimum 500 Mcfd it indicated last month.

EU seeks Indian help pressuring Iran; IEA sees ample supply

Feb 10, 2012

The European Union has formally appealed to India, an important buyer of Iranian crude oil, for help in resisting the Islamic Republic’s nuclear program as early adjustments reported by the International Energy Agency indicate the market will remain amply supplied despite toughened sanctions.

IEA cuts 2012 oil demand outlook

Feb 10, 2012

Global oil demand in 2012 is expected to grow by 800,000 b/d from 2011, down from last month’s outlook for 1.1 million b/d of demand growth, according to the latest monthly oil market report from the International Energy Agency.

Total appoints committee for supply-marketing

Feb 10, 2012

Following Total Group’s recent organization, the management committee of the newly created Supply-Marketing division, led by Philippe Boisseau, consists of:

Total Petrochemicals names vice-president Americas

Feb 10, 2012

Total appointed Graeme Burnett as senior vice-president, refining-petrochemicals Americas for Total’s newly created global refining-chemicals division.

NGSA: Swap dealer definition could harm some producers

Feb 10, 2012

A definition of swap dealer that the US Commodity Futures Trading Commission is expected to announce on Feb. 23 could hinder oil and gas producers and others using over-the-counter risk management tools, the Natural Gas Supply Association and National Corn Grows Association jointly said.

Unconventional plays likely to drive 2012 oil, gas M&A

Feb 10, 2012

Oil and natural gas shale plays are likely to drive 2012 merger and acquisition activity with the midstream and field service sectors likely to experience a growing share of oil and gas M&A, said two  separate reports from consultants analyzing last year’s activity.

State regulators eye continuing pipeline safety challenges

Feb 9, 2012

Enactment of new federal pipeline safety legislation was a good start, but state pipeline regulators will need to address ongoing challenges to keep systems efficient and economic as well, officials attending the National Association of Regulatory Utility Commissioners were told during its 2012 winter meeting.

Oil & Gas Whitepapers

Oil & Gas Webcasts

On Demand

Annual Midyear Forecast

A review of OGJ’s Midyear Forecast from the July 4, 2011, issue with a discussion of economic, market, and political developments that have occurred since then and that provide context for the rest...
Sponsored by

Integrated Operations & Maintenance: A Step Change to Improve Productivity & Mitigate Operational Risk

West Engineering Services and IBM will discuss how the oil & gas companies are driving toward both greater productivity and reduced risk through new integrated operation approaches.  These...
Sponsored by
IBM

OGJ Annual Forecast & Review Webcast 2011

Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast and Review special report.

Sponsored by

Advertisement

ogj horizontal rule