More Oil & Gas News

Methane controls just part of complete climate strategy, speakers say

Reducing oil and gas operations’ methane emissions is an essential, but far from the only, part of a comprehensive climate strategy, speakers at a Center for Strategic and International Studies event agreed. Efforts should be combined with an aggressive program to curb excessive carbon dioxide releases, they said.

ConocoPhillips slashes 2015 capital budget

ConocoPhillips has elected to reduce its 2015 capital budget to $13.5 billion, down 20% compared with this year’s budget. The news comes on the heels of crude oil prices hitting 5-year lows.

Whiting completes acquisition of Kodiak

Whiting Petroleum Corp. has completed its acquisition of Kodiak Oil & Gas Corp. following the issuance of a final order by the Supreme Court of British Columbia approving the deal on Dec. 5.

MARKET WATCH: NYMEX, Brent crude oil prices plummeting on stronger US dollar

Oil prices plummeted on the New York and London markets Dec. 5 and continued downward in early Dec. 8 trading. Analysts noted both US light, sweet crude oil prices and Brent crude oil prices appeared headed toward 5-year lows as the US dollar strengthened.

EPA poses tighter ground-level ozone pollution controls

The US Environmental Protection Agency proposed reducing ground-level emissions limits to 65-70 ppb from its current level of 75 ppb. It also will take comments on possibly cutting limits to 60 ppb.

Insight on earnings

The oil and gas industry is one of the most capital-intensive businesses in the world. Oil and gas companies' high earnings are necessary to enable the massive investments needed to strengthen America's rising oil and gas production.

Cost-benefit believability

In anticipation of what might become the costliest federal regulation in US history, Congress should join the Supreme Court in reviewing the Environmental Protection Agency's skewed approach to the economic consequences of its actions.

Rail tank car rule could cost economy billions, report says

The US Pipeline and Hazardous Materials Safety Administration's (PHMSA) proposed rail tank car rule could cost the US economy as much as $60 billion, a report commissioned by the Railway Supply Institute (RSI) found.

EPA air proposals should recognize progress, API official says

The US Environmental Protection Agency should recognize progress that is continuing before it considers imposing costly new air quality requirements, an American Petroleum Institute official suggested.

API: Producers reducing methane emissions already

US oil and gas producers are reducing wellhead methane emissions already and don’t need ill-conceived, overly prescriptive federal regulations, American Petroleum Institute officials said.

Lundin Norway appoints managing director

Swedish independent Lundin Petroleum AB reported that Kristin Faerovik has been named managing director of Lundin Norway AS in April 2015. Faerovik will succeed Torstein Sanness, who will retire from that position and assume the role of chairman of Lundin Norway.

House passes defense bill with BLM drilling permit program provision

The US House of Representatives approved a fiscal 2015 defense appropriations bill that includes a provision to extend and make permanent an onshore drilling permit processing pilot program in several US Bureau of Land Management field offices.

MARKET WATCH: News of ample supply again force down crude prices

Crude prices were down again Dec. 4 on news of abundant supply.

Renewed dilbit investigation faces similar hurdles of past debate

A National Research Council committee opened a second investigation of potential environmental consequences from diluted bitumen (dilbit) spills from pipelines. It quickly became apparent that this committee would encounter similar problems balancing the need to keep the inquiry manageable while addressing a sufficiently wide range of questions.

UK outlines more oil and gas incentives

The UK government will enact incentives for oil and gas development beyond what Chancellor George Osborne announced in a fiscal speech to Parliament on Dec. 3.

Market Connections

Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corporate mission is to help feed the world affordable, wholesome food by supplying superior goods and services to the leading commercial food producers worldwide. The company owns the world's largest methionine plant located at Chocolate Bayou, Texas and is in the early stages of building another plant at a site on the gulf coast of Texas or Louisiana.

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...
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...
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...
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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