Economics & Oil Market News

Investors watch, wait as Mexico finalizes details of energy reform

Aug 13, 2014

For Mexico, constitutional reform was just the first step in the long process of opening up its energy industry to outside investment.

MARKET WATCH: Crude oil futures climb again in waffling markets

Oct 24, 2014

The New York Mercantile Exchange December crude oil contract increased $1.57/bbl on Oct. 23, closing at $82.09/bbl. The January 2015 contract increased $1.62 to $81.75/bbl.

EIA: US crude oil exports, re-exports climb

Oct 23, 2014 According to the latest data from the US Census Bureau, US exports of crude oil reached 401,000 b/d in July—the highest level in 57 years and the second-highest monthly export volume for the US Ene...

MARKET WATCH: NYMEX oil prices for December drop nearly $2/bbl

Oct 23, 2014

Crude oil prices dropped nearly $2/bbl for December delivery on the New York market Oct. 22 after a weekly US government report showed a larger-than-expected increase in crude oil inventories.

Senator asks DOE secretary to reevaluate SPR

Oct 23, 2014 US Sen. Ronald L. Wyden (D-Ore.), who chaired the Energy and Natural Resources Committee before taking the Finance Committee’s helm in early February, urged the US Department of Energy to begin ree...

MARKET WATCH: Oil prices climb on anticipated US inventory report, China’s expanding economy

Oct 22, 2014 Crude oil prices rebounded slightly on the New York market Oct. 21 as traders and analysts anticipated a build in US crude oil inventories for the week ended Oct. 17. Separately, a better-than-expe...

China reviewing oil relationships with Sudan, South Sudan, researcher says

Oct 21, 2014 The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan following years of growth that changed both sides, a researcher said at Johns ...

Critical habitat proposals may do serious harm, business groups say

Oct 21, 2014 Two federal agencies’ proposals to change the Endangered Species Act’s critical habitat designation procedures potentially could cause serious damage to the general economy, warned nearly a dozen U...

Indian cabinet committee approves natural gas pricing policy

Oct 21, 2014

In a long-awaited move, India’s Cabinet Committee of Economic Affairs (CCEA) has approved a natural gas pricing policy that modifies the Rangarajan formula.

MARKET WATCH: NYMEX crude oil price falls slightly

Oct 21, 2014 Crude oil prices fell only slightly on the New York market Oct. 20 after the US light, sweet crude benchmark tumbled much of last week and has been down for 3 consecutive weeks while Brent crude oi...

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Market Connections

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, limited supervision, well-organized, team player.  Exp performing O&G well file research, compiling data, preparing AFEs, economics, writing procedures and recommendations.  Exp in supervising workovers, well intervention projects, and knowledge of ops in both onshore and inland waters.  Petroleum Engineering degree or equivalent.  Exp in planning and executing sidetracks and new drills preferred.   Communication skills a must.   Current BOP cert preferred.  Comp benefits.

Gulf Coast Petroleum Engineer

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Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS

Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMM...
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Offshore Middle East Conference & Exhibition

January 26, 2015
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