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.

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 ...

Cenovus trims budget, slows oil sands work

Dec 16, 2014

Cenovus Energy Inc., Calgary, is trimming its capital spending in response to declining crude oil prices and will slow development of some of its thermal oil sands projects in Alberta.

MARKET WATCH: Oil prices continue falling awaiting economic statistics

Dec 16, 2014 Oil prices on the New York market dropped in Dec. 15 trading following reports of supply disruptions in Libya and awaiting reports of economic statistics on Dec. 16 from China. The US Federal Reser...

MARKET WATCH: OPEC basket price closes below $59/bbl

Dec 15, 2014 The average crude oil basket price for the 12 members of the Organization of Petroleum Exporting Counties closed below $59/bbl on Dec. 12 while crude oil prices on the New York and London markets a...

TAEP: TPI still peaking, but ‘contraction unavoidable’ as oil prices fall

Dec 12, 2014 The Texas Petro Index (TPI), a composite index based on a comprehensive group of upstream economic indicators released by the Texas Alliance of Energy Producers (TAEP), set well-permitting and empl...

MARKET WATCH: NYMEX crude oil price extends slump

Dec 12, 2014 Crude oil prices extended their slump on the New York market with a Dec. 11 settlement of less than $60/bbl for January, and prices continued downward in early Dec. 12 trading after the Internation...

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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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...
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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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