More Oil & Gas News

Countries, oil and gas firms launch methane taskforce at UN meeting

Governments of major producing countries and six multinational oil and gas companies formed a methane emissions reduction taskforce during the United Nation's global climate change summit in New York.

BlueGreen Alliance calls for strong US methane reduction strategy

The BlueGreen Alliance, a coalition of 10 national labor unions and 5 environmental organizations, urged the Obama administration to adopt a strong methane reduction strategy with the US oil and gas industry as a major component.

National Fuel Gas chief executive becomes INGAA's 2014-15 chairman

National Fuel Gas Co. Chief Executive Officer Ronald J. Tanski was elected as chairman of the Interstate Natural Gas Association of America for a 1-year term during the trade association's annual board meeting on Oct. 10.

Wild Well completes second capping stack

Wild Well Control Inc., a subsidiary of Superior Energy Services, has completed a subsea capping stack stationed in Singapore to serve the area during a deepwater well control incident. The company's first unit resides in Aberdeen.

Study: Energy jobs extrasensitive to oil-price changes

As oil prices fall, speculation naturally arises about winners and losers in the event a decline of the moment becomes something more severe.

API: US petroleum demand falls in September, third quarter

Total US petroleum deliveries, a measure of demand, averaged 18.6 million b/d last month, down 3.5% from September 2013, as stated in the latest monthly statistics from the American Petroleum Institute. For the third quarter, petroleum deliveries fell 0.9% from the same period last year.

MARKET WATCH: Crude futures prices gain some traction in New York

The New York Mercantile Exchange November crude oil contract gained 92¢ on Oct. 16, closing at $82.70/bbl. The December contract price rose $1.01 to $81.95/bbl.

Veresen appoints president, CEO for Jordan Cove LNG

Veresen Inc., Calgary, has named Elizabeth Spomer as president and chief executive officer of Jordan Cove LNG LLC and executive vice-president of Veresen.

Investment opportunities emerge in Mexico's energy industry as legal reform advances

With one third of the Mexican government's budget funded by Petróleos Mexicanos (Pemex), a decline in the state-owned oil company's production hits the government hard.

People

David Lawler has accepted the role of chief executive officer of BP PLC.'s Lower 48 Onshore business and resigned his role as executive vicepresident and chief operating officer of SandRidge Energy Inc.

PwC: US shale deal activity jumps in second quarter

Merger and acquisition activity in the US oil and gas industry jumped in the second quarter of 2014, and nearly half of total deal value was related to shale plays, according to the Energy Practice of PwC.

Bill Barrett sells gas-rich assets, focuses on Wattenberg

Bill Barrett Corp. has agreed to divest the majority of its acreage in the Powder River basin and its remaining position in the Gibson Gulch area in the Piceance basin to undisclosed parties in agreements valued at $757 million.

ATP-IP settlement marks first joint resolution of CWA, OCSLA claims

ATP Infrastructure Partners LP (ATP-IP) agreed to pay a $1 million fine and perform corrective measures to resolve federal claims that it violated the Clean Water Act (CWA) and Outer Continental Shelf Lands Act (OCSLA), the US Department of Justice, Environmental Protection Agency, and Bureau of Safety and Environmental Enforcement (BSEE) jointly announced.

Goodrich TMS well tests at 1,250 boe/d

Goodrich Petroleum Co. reported encouraging results from another well targeting the emerging Tuscaloosa Marine shale (TMS) in Louisiana and Mississippi.

Newfield exits Granite Wash, expands in Anadarko basin

Newfield Exploration Co. has agreed to sell its Granite Wash assets to Templar Energy LLC for $588 million.

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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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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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