More Oil & Gas News

Western Canada due output, spending cuts

The Canadian Association of Petroleum Producers has cut its expectations for oil-production growth and said it expects sharply lower capital spending by the oil industry in western Canada this year.

MARKET WATCH: NYMEX rises more than $1/bbl before inventory report

Oil prices rose by more than $1/bbl on the New York market Jan. 21 while traders awaited a weekly government report on US oil and product inventories as well as the European Central Bank meeting where ECB announced an economic stimulus for Europe as had been expected.

Kinder Morgan to acquire Hiland Partners for $3 billion

Kinder Morgan Inc. (KMI) has agreed to acquire Hiland Partners from founder Harold Hamm and certain Hamm family trusts for $3 billion, including the assumption of debt. The deal is expected to close in the first quarter.

Treasury’s Lew lists oil, gas producers as prime tax-reform target

US Sec. of the Treasury Jack Lew signaled the Obama administration’s fresh intention to seek repeal of federal tax provisions US oil and gas producers consider essential to their businesses as part of its comprehensive business tax-reform plan.

BHP to reduce US onshore rigs by 40% by July

Australia’s BHP Billiton will reduce its US onshore rig presence from 26 to 16 by July in response to lower oil prices.

MARKET WATCH: NYMEX, Brent oil prices drop again

Crude oil prices fell on the New York and London markets Jan. 20 on concerns about abundant oil supplies given slowing demand and weak world economic growth.

SOTU: Obama barely mentions energy, emphasizes climate change

US President Barack Obama briefly mentioned energy in his 2015 State of the Union address as he outlined economic improvements since the 2008-09 recession. He devoted more time to calling for meaningful steps to address global climate change as he listed challenges the country faces.

Gorgon LNG project signs LNG supply deal with SK Group

The Chevron Australia-led Gorgon LNG project offshore Western Australia has signed a binding sales and purchase agreement to supply 4.15 million tonnes/year of LNG to SK Group’s SK LNG Trading Pte. Ltd. of South Korea for 5 years starting in 2017.

EPA approves revisions to California’s refinery emission regulations

The US Environmental Protection Agency has issued a final rule approving revisions to portions of California’s state implementation plan (SIP) that govern emissions of certain air pollutants from the state’s refineries.

Norway offers 54 licenses in APA 2014, announces licensing round

Statoil ASA, Lundin Petroleum AB, and E.On E&P Norge AS headlined Norway’s Awards in Predefined Areas 2014 (APA 2014) licensing round for the North, Norwegian, and Barents seas.

LyondellBasell expands roles of three senior executives

LyondellBasell has expanded the roles of senior executives Timothy D. Roberts, Patrick D. Quarles, and Kevin W. Brown.

Reliance expects to sign Myanmar PSC this quarter

Reliance Industries Ltd., Mumbai, said it expects to sign a production-sharing contract (PSC) this quarter with Myanma Oil & Gas Enterprise (MOGE) for shallow-water Blocks M17 and M18 offshore Myanmar.

Wintershall: Shale gas controversy blocking conventional production

Wintershall Holding GMBH says natural gas production in Germany fell by about 6% in the past year, and controversy over shale gas and hydraulic fracturing is blocking conventional gas production.

Syncrude files applications for Mildred Lake extensions

Syncrude Canada Ltd. has filed applications with Alberta Energy Regulator for two extensions to the Mildred Lake oil sands production area.

Senators introduce amendment to end corn ethanol mandate

US Sens. Dianne Feinstein (D-Calif.), Patrick J. Toomey (R-Pa.), and Jeff Flake (R-Ariz.) introduced legislation to remove the corn ethanol mandate as a way to address problems with the federal Renewable Fuels Standard. They offered their measure as an amendment on Jan. 16 to the Keystone XL crude oil pipeline approval bill now before the Senate.

Market Connections

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 ...
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...
Stay Connected