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Latest Oil & Gas News

MARKET WATCH: NYMEX oil drops below $46/bbl, Brent below $50/bbl

Aug 4, 2015

The light, sweet crude oil price for September delivery dropped $1.95 Aug. 3 to settle at well below $46/bbl while the Brent crude oil price for September delivery fell more than $2 to settle at below $50/bbl. Analysts partially blamed plummeting crude oil on slowing China manufacturing.

US LNG export prospects are uncertain, Brookings analyst says

Aug 4, 2015

US LNG export projects face an uncertain future despite continued discoveries and production growth, a Brookings Institution analyst said. “More liquefaction capacity may be coming than markets can absorb,” warned Tim Boersma, acting director of Brookings’s Energy Security and Climate Initiative.

Rangeland forms new midstream partnership

Aug 4, 2015

Rangeland Energy, Sugar Land, Tex., has received a $300 million equity commitment from EnCap Flatrock Midstream and formed Rangeland Energy III LLC “to pursue new midstream opportunities in resource plays across North America.”

Clean Power Plan ignores gas’s potential role, industry groups say

Aug 3, 2015

The Obama administration’s final rule to curb US power plants’ greenhouse gas emissions did not acknowledge natural gas’s potential contributions, officials from two national oil and gas associations initially said in separate statements following the regulation’s Aug. 3 release.

KRG to tap oil sales to pay companies

Aug 3, 2015

The Kurdistan Regional Government (KRG) said it will allocate to international oil companies working in the Kurdish region of Iraq some of the revenue it receives from direct crude oil sales at Ceyhan, Turkey.

Minister: GAIL ‘running behind schedule’ on three pipeline projects

Aug 3, 2015

India’s minister of petroleum and natural gas says GAIL (India) Ltd. is “running behind schedule” on three pipeline projects.

Devon elects Hager as president, chief executive officer

Aug 3, 2015

Devon Energy Corp. has elected Dave Hager, most recently the company’s chief operating officer, as its president and chief executive officer. Hager succeeds John Richels, who announced plans to retire in December 2014. Hager assumed the roles of president and chief executive officer on Aug. 1, the day after Richels’ retirement became effective.

Energy panel votes to send broad policy bill to Senate floor

Aug 3, 2015

The US Senate Energy and Natural Resources Committee sent the broad energy policy bill developed by Chair Lisa Murkowski (R-Alas.) and Ranking Minority Member Maria E. Cantwell (D-Wash.) to the full Senate for final debate by 18 to 4 votes on July 30. Eight committee Democrats joined 10 Republicans in supporting it, Murkowski said.


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OGJ's Midyear Forecast 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes ...

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Aramark We are seeking experienced applicants to fill openings we have in Offshore Catering for: Utility Hands and Prep Cooks  Having a TWIC card is a requirement for applying.  Applications can be done at: aramark.crewchange.com Questions?  Call 337-330-4100 Aramark is an Equal Opportunity Employer

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We are seeking experienced applicants to fill openings we have in Offshore Catering for: Utility Hands and Prep Cooks Having a TWIC card is a requ...
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Offshore Catering Jobs Available

Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How...
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FACULTY POSITION

The Gene and Linda Voiland School of Chemical Engineering and Bioengineering at Washington State University invites applications for the B. Wise Di...
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Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

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