More Oil & Gas News

Watching Government: Greece and energy in Europe

Amid growing energy supply geopolitics, Greece is a stable anchor within a rapidly destabilizing region, Yannis Maniatis, its Environment, Energy, and Climate Change Minister, said on Nov. 3.

EPA won’t finalize RFS’s 2014 biofuel quotas before yearend

The US Environmental Protection Agency announced it will not finalize 2014 biofuel quotas under the federal Renewable Fuel Standard (RFS) before yearend. The American Petroleum Institute and American Fuel & Petrochemical Manufacturers each said EPA’s Nov. 21 announcement demonstrates again that it’s time for Congress to repeal or dramatically reform the RFS.

MARKET WATCH: NYMEX crude up on recovering Chinese oil demand

Oil prices bounced back up $1/bbl on the New York market Nov. 20 on indications that Chinese oil demand might be recovering.

Worker killed in platform explosion offshore Louisiana

An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of Mexico, 12 miles offshore New Orleans, killed one contracted employee and seriously injuring another, according to reports from the company and US Bureau of Safety and Environmental Enforcement (BSEE).

Total joins global climate initiatives

Total SA, in what it describes as a consolidation of its efforts to address climate change, will support initiatives of the United Nations Global Compact, the World Bank, and the Climate and Clean Air Coalition (CCAC).

IHS: ‘Tight-oil test’ under way in US amid lower oil prices

The vast majority of potential US tight-oil production growth remains economical in the current crude oil price environment, according to a recent report by IHS. About 80% of potential gross US tight-oil capacity additions in 2015 would remain resilient at West Texas Intermediate prices dropped to $70/bbl, the report said.

Apache to sell Louisiana, Anadarko assets for $1.4 billion

Houston independent Apache Corp. has agreed to sell noncore southern Louisiana and certain Anadarko basin assets in two separate deals for a combined $1.4 billion. Both transactions, effective Oct. 1, are expected to close during the fourth quarter.

AFPM: Oregon’s proposed low-carbon fuel standard unconstitutional

Oregon’s proposed low-carbon fuel standards (LCFS) program is unconstitutional, the American Fuel & Petrochemical Manufacturers said in comments submitted in response to the state’s Department of Environmental Quality’s (DEQ) Clean Fuels Program Phase 2 rulemaking and proposed rule changes.

MARKET WATCH: Crude oil futures prices rangebound

US light, sweet crude oil prices remained below $75/bbl Nov. 19 on the New York market, while analysts and traders focused on the upcoming meeting of the Organization of Petroleum Exporting Countries and the Iran nuclear talks.

Bids spike in Northern Alaska lease sales

Alaska’s Division of Oil & Gas received 356 bids on 298 tracts in its 2014 Northern Alaska area-wide lease sales, trumping the 92 bids received for 91 tracts in the same areas last year.

NOIA, API studies list benefits of more federal OCS leasing

Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs and raise more than $200 billion in revenue for the government, according to recent studies released jointly by the National Ocean Industries Association and the American Petroleum Institute.

Freeport LNG nears construction phase

Freeport LNG Expansion LP expects later this month to close on financing and begin construction on the first two trains of its natural gas liquefaction and LNG export facility on Quintana Island near Freeport, Tex.

Petrobras initiates start-up of units at Abreu e Lima refinery

Petroleo Brasileiro SA (Petrobras) has received permission to commission units at its Abreu e Lima refinery (Rnest) at the port of Suape, near Recife, the capital of Pernambuco state.

MARKET WATCH: Crude oil prices drop again awaiting OPEC meeting

US light, sweet crude oil prices dropped below $75/bbl Nov. 18 on the New York market, prompting analysts to suggest prices will see little upward movement until after members of the Organization of Petroleum Exporting Countries meet Nov. 27 in Vienna.

Senate debates, then barely rejects, Keystone XL approval bill

The US Senate finally debated a bill authorizing construction of the proposed Keystone XL crude oil pipeline on Nov. 18 before rejecting the measure by a single vote. Republicans vowed to bring the measure back once they assume majority control in January.

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.    
Pipeline Leak Detection Dogs for Sale Dogs that detect leaks in buried Natural Gas and Oil Pipelines. Fast, Accurate & Dependable. Great asset for Integrity Testing Companies, Major Oil & Gas Corp. & Individuals. For more info visit www.k9pta.com or call 352 552-4855.

Pipeline Leak Detection Dogs for Sale

Pipeline Leak Detection Dogs for Sale Dogs that detect leaks in buried Natural Gas and Oil Pipelines. Fast, Accurate & Dependable. Great asset ...
Stay Connected