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Association presidents want more access in next 5-year OCS plan

The presidents of three major US oil and gas trade associations urged the US Bureau of Ocean Energy Management to keep more of the US Outer Continental Shelf available for oil and gas leasing as the agency prepared to begin public meetings about the draft proposed 2017-22 US OCS Oil and Gas Leasing Program.

MARKET WATCH: NYMEX oil prices settle above $51/bbl

Crude oil prices rose on the New York market Feb. 6 to settle above $51/bbl after the Baker Hughes Inc. weekly rig count showed a decline of 87 rigs for the week ended Feb. 6, marking 10 weeks of consecutive falling rig count totals.

Oxy cuts capital budget by a third

In the midst of falling oil prices, Occidental Petroleum Corp., Houston, expects to reduce its total capital spending for 2015 to $5.8 billion from $8.7 billion in 2014.

OGJ's top tweets of 2014

One of the most important concepts for any decent writer to master is this: Know your audience. Luckily for those reporting on news and technology for Oil & Gas Journal, this concept is a relative no-brainer.

Chevron, BP, ConocoPhillips join to explore, appraise gulf leases

Chevron Corp. subsidiary Chevron USA Inc., BP PLC unit BP Exploration & Production Inc., and ConocoPhillips Co. have pledged to work together to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will operate the project.

After Keystone nod, Congress should okay ANWR leasing

Now that it has passed legislation supporting the Keystone XL pipeline, Congress should approve oil and gas leasing of the Arctic National Wildlife Refuge coastal plain in Alaska.

Anadarko reports 2014 loss, remains upbeat about Wattenberg

Anadarko Petroleum Corp. announced a 2014 net loss of $1.75 billion, or $3.47/share diluted, including a net loss of $4.05 billion associated with the settlement of litigation involving its subsidiary, Tronox Inc., yet company executives remained upbeat about production growth.

Watching Government: EPA's ozone proposal

Witnesses from the US oil and gas industry and other businesses strongly spoke out on Jan. 29 against the US Environmental Protection Agency's proposal to reduce the ozone National Ambient Air Quality Standard from 75 ppb.

Union strike under way at US refineries, petchem plants

The United Steelworkers Union (USW) has instituted a strike at nine US refining and petrochemical production plants following a breakdown in negotiations with oil companies over collective bargaining agreements due to expire on Jan. 31.

White House proposes making ANWR coastal plain wilderness

The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its coastal plain, as wilderness.

Obama's proposed fiscal 2016 budget recycles oil tax increases

US President Barack Obama has proposed his federal budget for fiscal 2016 that he said was designed to help a beleaguered middle class take advantage of a strong economic recovery.

Statoil reduces capital budget by $2 billion following 4Q losses

Statoil ASA has reduced its organic capital expenditure to $18 billion in 2015 from $20 billion in 2014. The move comes on the heels of a fourth quarter in which the Norwegian multinational firm reported net losses of $1.18 billion, compared with a $1.98-billion gain in fourth-quarter 2013.

Chinese regulators approve Sinopec’s plan for grassroots refinery

China’s National Development and Reform Commission (NDRC) has approved Sinopec Beijing Yanshan Petrochemical Co. Ltd., a subsidiary of China National Petroleum Corp. (Sinopec), to proceed with its plans to build a grassroots refinery in Caofeidian Industrial Zone, Tangshan, Hebei Province, China.

BOEM schedules public meetings about draft proposed 5-year OCS plan

The US Bureau of Ocean Energy Management will hold the first of 20 public meetings in Washington on Feb. 9 to receive public comments on potential environmental impacts of the draft proposed 2017-22 5-year US Outer Continental Shelf Oil and Gas Leasing Program. The US Department of the Interior and BOEM released the draft on Jan. 27.

Union strike ongoing at US refineries as negotiations continue

A strike by union workers at nine US refining and petrochemical production plants remains under way as the United Steelworkers Union (USW) continue to negotiate collective bargaining agreements over pay, benefits, and health and safety standards with oil companies.

Market Connections

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 ...
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...
Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How to Apply: www.essgulf.com

Offshore Catering Jobs Available

Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How...
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...
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