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.

IEA finds US energy policy improved in latest in-depth review

Dec 19, 2014 US energy policies have come into sharper focus in the last six years, the International Energy Agency said in its latest periodic review. It specifically cited the US Department of Energy’s establ...

Comstock to suspend 2015 oil drilling in Eagle Ford, TMS

Dec 19, 2014 Due to low crude oil prices, Comstock Resources Inc., Frisco, Tex., plans to suspend its 2015 oil-directed drilling activity on properties in the Eagle Ford shale in Texas and Tuscaloosa Marine sha...

AWE pulls out of Otway permit

Dec 19, 2014 AWE Ltd., Sydbey, has decided to pull out of Perth-based junior WHL Energy Ltd.’s offshore Otway Basin permit Vic-P67 after a series of time extensions for deciding about moving to the exploration ...

Marathon cuts 2015 budget amid ‘current price environment’

Dec 18, 2014 Marathon Oil Corp. expects to spend $4.3-4.5 billion in its capital, investment, and exploration budget for 2015. That total represents a 20% decline from its 2014 budget—excluding the company’s re...

Russia’s Turkey pipeline deal possibly may keep door to Europe ajar

Dec 18, 2014 Russia’s memorandum of understanding to build a natural gas pipeline to Turkey after canceling its South Stream project could help keep the door open for it to eventually sell more gas to Europe, t...

MEG Energy cuts capital spending for 2015 to $305 million (Can.) from $1.2 billion

Dec 18, 2014

MEG Energy Corp., Calgary, is reducing its 2015 capital spending plans to $305 million (Can.) from the original budget of $1.2 billion.

Severance tax would backfire, Pennsylvania association leaders warn

Dec 17, 2014 Enacting a severance tax aimed at Pennsylvania’s unconventional natural gas activity would substantially harm the commonwealth beyond the industry itself, three oil and gas trade association offici...

MARKET WATCH: Oil prices held steady on NYMEX awaiting crude inventory

Dec 17, 2014 Oil prices held fairly steady on the New York market in Dec. 16 trading while Brent crude oil prices fell by more than $1/bbl on the London market. The average price for the Organization of Petrole...

Encana to focus spending on four core shale assets in 2015

Dec 16, 2014 Encana Corp., Calgary, reported plans to spend $2.7-2.9 billion on its capital budget with roughly 80% of this total directed towards four of what the company is calling its “highest margin growth ...

Oil & Gas Webcasts

Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational perfor...
Nov 18, 2014
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IBM

Mitigating the Impact of Corrosion on Low Alloy Steel in Onshore Line Pipe and Casing Applications

This webinar will describe in detail many aspects of OCTG and line pipe applications. The webinar will also address current technological advances ...
Oct 1, 2014
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OGJ's Midyear Forecast 2014

This webcast, sponsored by Iron Mountain and Aggreko, is to be presented by OGJ Editor Bob Tippee, will summarize the Midyear Forecast projections ...
Jul 22, 2014
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Oil & Gas White Papers

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Market Connections

NOW HIRING: QHSSE. Miami, FL, Overland Park, MO or Plymouth, MN.

NOW HIRING: QHSSE

NOW HIRING: QHSSE. Miami, FL, Overland Park, MO or Plymouth, MN.

 

Director of Technical Services: The Gas Processors Association, an international trade association, has an opening for an engineer to assume the duties of Director of Technical Services.  GPA is based in Tulsa, Oklahoma and has been the primary advocate for the midstream energy industry since 1921.  The position requires leadership of the technical and research activities of GPA and the midstream energy industry.  Knowledge of gas treating and processing together with good communication, writing and interpersonal skills is essential.  In addition, candidates must have analytical and technical aptitude for chemistry, math and physics.  A Bachelor of Science in chemical or mechanical engineering is preferred.

NOW HIRING: Director of Technical Services

Director of Technical Services: The Gas Processors Association, an international trade association, has an opening for an engineer to assume the du...
EOR ENGINEERS CCUS-specialized Co. seeking 2 EOR  engineers w/ 10+ yrs field exp. to design  & lead CO2 EOR projects in China.  Immediate hire.  Contact Evelyn Ray: erayking888@gmail.com or 917-864-2649

EOR ENGINEERS

EOR ENGINEERS CCUS-specialized Co. seeking 2 EOR engineers w/ 10+ yrs field exp. to design & lead CO2 EOR projects in China. Immediate hire. Co...
Colorado School of Mines

Multiple Faculty Openings

Colorado School of Mines Petroleum Engineering Department invites applications for multiple full-time faculty positions.    
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Oil & Gas Conferences

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Offshore Middle East Conference & Exhibition

January 26, 2015
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