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Low crude prices pressure Latin American producers, CSIS forum told

Feb 26, 2015

Depressed crude oil prices are putting new pressure on Latin American producing countries to improve terms if they expect to attract outside investment for developing resources, speakers said during a Feb. 25 discussion at the Center for Strategic & International Studies.

Petroleum detected in fish tested after Yellowstone River pipeline spill

Feb 26, 2015

Detectable levels of petroleum were found in tests of fish pulled from the Yellowstone River downstream from a broken petroleum pipeline near Glendive. Mont., and the Montana Fish, Wildlife and Parks advised fishermen to use caution when deciding whether to eat fish from the oil spill area.

Suriname bid round draws lackluster response

Feb 26, 2015

The dramatic fall in oil prices is being blamed for the lack of interest shown by international oil companies (IOCs) in the deepwater offshore Suriname in the Suriname-Guyana basin.

House panel launches probe of DOS’s Keystone XL application process

Feb 26, 2015

The US House Oversight and Government Reform Committee began an investigation of the US Department of State’s environmental impact statement for the proposed Keystone XL crude oil pipeline. It requested comments DOS asked other federal departments to provide regarding DOS’s final supplemental EIS for the project in a Feb. 24 letter to Sec. of State John F. Kerry.

Antero Resources cuts 2015 Marcellus spending vs. 2014

Feb 26, 2015

Antero Resources Corp., Denver, said it plans to spend $1.6 billion during 2015 for drilling and completion activities in the Marcellus and Utica shale plays, marking a 36% reduction as compared with 2014 drilling and completion expenditures.

Uganda announces tender for Albertine Graben acreage

Feb 26, 2015

The virtually untouched Albertine Graben of Uganda may contain more than 6.5 billion bbl of oil resources according Ugandan officials.

BLM Utah office adopts USFS leasing analysis for Fishlake Forest

Feb 26, 2015

The US Bureau of Land Management’s Utah state office will adopt the US Forest Service’s final environmental impact statement and record of decision for oil and gas leasing on land administered by Fishlake National Forest.

MARKET WATCH: Crude oil prices gain on Saudi oil minister comments

Feb 26, 2015

US light, sweet crude oil prices gained more than $1/bbl on the New York market Feb. 25 while Brent crude oil prices jumped by nearly $3/bbl on the London market on comments from Saudi Arabia Oil Minister Ali al-Naimi that world oil demand was increasing.

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Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering Program at the rank of associate or full professor, with an anticipated starting date of July 1, 2015. Texas A&M at Qatar is a partnership with Qatar Foundation, and it is based in a state-of-the-art, 595,000 square foot building that was completed in 2007.

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Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering ...
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