Economics & Oil Market News

Bakken crude derailments spur rail safety concern

Mar 31, 2015 Recent derailments of trains carrying Bakken crude oil prompted elected officials across various states to request that federal regulators expedite efforts addressing the safety of moving crude oil...

Imbalances weakening oil prices remain in place at start of 2015

Jan 5, 2015

Crude oil prices plunged nearly 50% from June, 2014, to mid-December, driven by fundamental imbalances and market pessimism that remain ominously in place as 2015 begins.

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.

BLM proposes higher onshore oil, gas royalty rates

Apr 17, 2015 The US Bureau of Land Management is proposing changes to federal onshore oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps, and financial assurances, US Interi...

API: US demand for petroleum rose in March, first quarter

Apr 17, 2015 Total US petroleum deliveries, a measure of demand, averaged 19.2 million b/d in March, up 3.4% from a year ago and the highest level for the month since 2011, according to the American Petroleum I...

More rig day rate, fleet use declines seen

Apr 17, 2015 Drilling contractors, onshore and offshore, face further declines in day rates and fleet utilization this year as operators slash activity in response to a crude-price slump that shows no sign of e...

MARKET WATCH: NYMEX, Brent continue upward momentum

Apr 17, 2015 Crude oil prices for May delivery climbed for a sixth consecutive day on both New York and London markets Apr. 16, which analysts attributed to signs of a possible slowing in US oil production.

Second Mid-Atlantic sale needed in next OCS plan, House panel told

Apr 16, 2015 The US Department of the Interior should schedule a second Mid-Atlantic Outer Continental Shelf oil and gas lease sale—and hold it earlier than in 2021—as it prepares its final 2017-22 OCS manageme...

ANGA urges US to scrap dual approvals for LNG export projects

Apr 16, 2015 The US could lose an important global opportunity if it doesn’t move more quickly on its LNG export decisions, America’s Natural Gas Alliance said in a new study. “This is not about trying to get 2...

MARKET WATCH: NYMEX oil price soars to 2015 high

Apr 16, 2015 Crude oil prices for May delivery soared by more than $3/bbl on the New York market Apr. 15 to close above $56/bbl, a high for 2015, while the Brent contract for May delivery closed on the London m...

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Mar 16, 2011
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OGJ Annual Forecast & Review Webcast 2011

Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast an...
Feb 24, 2011
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Market Connections

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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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Kuwait Institute for Scientific Research Now hiring

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NOW HIRING THE FOLLOWING POSITIONS: 1. Research  Scientist(Heavy Oil Program) Qualification: Ph.D. in petroleum geophysics, petroleum engin...
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 ...
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