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Producers can use CVS case as guidance when engaging in workforce reductions

Unconventional production companies contemplating workforce reductions could gain guidance on how to avoid legal hazards from a case involving a pharmacy.

MEO, Eni to exchange sections of Timor Sea permit

MEO Australia Ltd., Melbourne, and Eni SPA—MEO’s joint-venture partner in the NT/P68 permit in the Timor Sea—have decided to split the permit between them.

MRPL increases ownership in aromatics complex

Mangalore Refinery & Petrochemicals Ltd. (MRPL), a subsidiary of Oil & Natural Gas Corp. Ltd. (ONGC), has increased its ownership interest in ONGC Mangalore Petrochemicals Ltd. (OMPL), an aromatics complex adjacent to and fully integrated with MRPL’s 15 million-tonne/year refinery at Mangalore, India.

Bakken likely to be hardest hit by oil-price slump

Opinions varied among analysts and consultants contacted by UOGR regarding which unconventional US plays will maintain robust drilling and investment this year despite dropping oil and natural gas prices. But, the Bakken formation was commonly said to be the region most apt to feel the sting.

CNOOC signs two South China Sea PSCs with SK Innovation

China National Offshore Oil Corp. Ltd. signed two production-sharing contracts with SK Innovation Co. Ltd., Seoul, for two blocks in the Pearl River Mouth basin of the South China Sea.

USW union workers add two BP refineries to strike list

Union workers at two BP PLC-owned refineries in Indiana and Ohio have joined the United Steelworkers union’s (USW) unfair labor practice (ULP) strike against the oil industry that began on Feb. 1 after a breakdown in discussions with companies regarding collective bargaining agreements over pay, benefits, and health and safety standards.

Bendine elected as Petrobras’ chief executive officer

The board of Petroleo Brasileiro SA (Petrobras) has approved the election of Alde Mir Bendine as the company’s chief executive officer.

Central starts gas sales from Palm Valley field

Central Petroleum Ltd., Brisbane, is to start sale of early natural gas from Palm Valley field to Northern Territory Power & Water Corp. under an agreement previously struck with Magellan Petroleum Australia.

Oxy cuts capital budget by a third

In the midst of falling oil prices, Occidental Petroleum Corp., Houston, expects to reduce its total capital spending for 2015 to $5.8 billion from $8.7 billion in 2014.

Obama's proposed fiscal 2016 budget recycles oil tax increases

US President Barack Obama has proposed his federal budget for fiscal 2016 that he said was designed to help a beleaguered middle class take advantage of a strong economic recovery.

Union strike under way at US refineries, petchem plants

The United Steelworkers Union (USW) has instituted a strike at nine US refining and petrochemical production plants following a breakdown in negotiations with oil companies over collective bargaining agreements due to expire on Jan. 31.

Chevron, BP, ConocoPhillips join to explore, appraise gulf leases

Chevron Corp. subsidiary Chevron USA Inc., BP PLC unit BP Exploration & Production Inc., and ConocoPhillips Co. have pledged to work together to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will operate the project.

OGJ's top tweets of 2014

One of the most important concepts for any decent writer to master is this: Know your audience. Luckily for those reporting on news and technology for Oil & Gas Journal, this concept is a relative no-brainer.

Statoil reduces capital budget by $2 billion following 4Q losses

Statoil ASA has reduced its organic capital expenditure to $18 billion in 2015 from $20 billion in 2014. The move comes on the heels of a fourth quarter in which the Norwegian multinational firm reported net losses of $1.18 billion, compared with a $1.98-billion gain in fourth-quarter 2013.

Union strike ongoing at US refineries as negotiations continue

A strike by union workers at nine US refining and petrochemical production plants remains under way as the United Steelworkers Union (USW) continue to negotiate collective bargaining agreements over pay, benefits, and health and safety standards with oil companies.

Market Connections

Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
https://external-careers-sodexoremote.icims.com/jobs/intro?hashed=-435831058&mobile=false&width=940&height=500&bga=true&needsRedirect=false&jan1offset=-360&jun1offset=-300

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers Full benefit package Must be able to work any shift, day, night and weekends,...
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.

Chair of the Petroleum Engineering Program

Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering ...
PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA. 14 ON 7 OFF. SEND RESUME TO BEATHJIM@YAHOO.COM
Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corporate mission is to help feed the world affordable, wholesome food by supplying superior goods and services to the leading commercial food producers worldwide. The company owns the world's largest methionine plant located at Chocolate Bayou, Texas and is in the early stages of building another plant at a site on the gulf coast of Texas or Louisiana.

Sr. Process Engineers

Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corpora...

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