More Oil & Gas News

New ozone limits unnecessary, 370 state business groups declare

The US Environmental Protection Agency's proposal to reduce ozone limits is both costly and unnecessary, 370 state business groups from across the country-including petroleum councils affiliated with the American Petroleum Institute-told White House Chief of Staff Dennis McDonough.

Watching Government: Preparing for an avalanche

Late summer may not seem like an appropriate time to prepare for avalanches in Washington at first. The nation's capital feels deserted as Congress takes its August recess, and many others are away for a week's vacation.

EPA proposes methane emissions requirements for oil, gas industry

The US Environmental Protection Agency has proposed requirements aimed at reducing emissions of methane and volatile organic compounds (VOC) from all US oil and gas industry segments.

Politics of abundance

Attention returns to the antique US ban on exports of crude oil with reports that limited shipments to Mexico have been approved. The oil and gas industry should use the moment to expand the discussion to energy in general.

OGJ Newsletter

International news for oil and gas professionals

The Internet of Things

With the current low oil-price environment fast becoming the oil and gas industry's "new reality," even the most efficient of companies will have to do more than just make financial adjustments.

Fire hits Shell’s integrated processing operations in Singapore

Royal Dutch Shell PLC has extinguished a fire that occurred at one of the units at the company’s Pulau Bukom manufacturing site on Bukom Island, Singapore, which includes a 500,000-b/d refinery, 1 million-tonne/year (tpy) ethylene cracker complex (ECC), and 155,000-tpy butadiene extraction plant.

API: US petroleum demand up in July

Total petroleum deliveries, a measure of demand, rose 2.2% from July 2014 to average nearly 19.6 million b/d last month, according to the American Petroleum Institute’s most recent Monthly Statistical Report.

Statoil: Ministry approves PDO for first phase of Johan Sverdrup

Statoil ASA reported the plan for development and operation (PDO) for Johan Sverdrup field in the North Sea has been approved by Norway’s Ministry of Petroleum and Energy.

MARKET WATCH: NYMEX oil prices edge up, but decline trend continues

Crude oil prices on the New York market edged above $41/bbl Aug. 20, but started sliding again in early Aug. 21 trading and looked to be on track for the eighth straight weekly loss, which would mark its longest decline in 29 years. Meanwhile, Brent crude fell for a second day on the London market Aug. 20.

Make Shell disclose offshore drilling risks, Senate members demand

Eleven US Senate Democrats and Independent Bernard Sanders (Vt.) asked the US Securities and Exchange Commission to make Royal Dutch Shell PLC disclose to the public and investors inherent risks offshore oil drilling poses if there is a spill or other environmental accident.

DNO increases Tawke output, seeks steady payment from KRG

DNO ASA reported average second-quarter production of 153,346 bo/d from Tawke field in the Kurdistan region of Iraq after doubling the field’s capacity to 200,000 bo/d during the first half.

West Qurna-2 oil field production reaches 450,000 b/d

PJSC Lukoil said Iraq’s prime minister had visited West Qurna-2 oil field, which is now producing 450,000 b/d.

Del Pino named as Venezuela’s minister of petroleum and mining

Eulogio Del Pino has been named Venezuela’s minister of petroleum and mining. He remains president of Petroleos de Venezuela SA (PDVSA).

West Slope Colorado oil and gas group calls for pipeline route change

The West Slope Colorado Oil & Gas Association urged the US Bureau of Land Management to move an existing natural gas pipeline, which its owner-operator wants to reroute and upgrade, out of a residential subdivision and onto public land.

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