More Oil & Gas News

Eni, Sonangol to study nonassociated gas

Eni SPA and state-owned Sonangol have entered a strategic agreement to assess potential of nonassociated gas in the Lower Congo basin offshore Angola.

Deloitte: More executives believe US can be self-sufficient in oil

More oil and gas executives are growing increasingly confident that the US will be self-sufficient in oil in 5-10 years, said a Deloitte survey titled, “2014 Oil & Gas Survey: The Next Chapter of the Energy Renaissance.”

MARKET WATCH: Oil prices slide on New York, London markets

US light, sweet crude oil prices settled below $76/bbl Nov. 17 on the New York market and Brent oil prices settled below $80/bbl on the London market upon expectations that the Organization of Petroleum Exporting Countries will not act to reduce ample oil supplies worldwide.

EPA finalizes methane emissions control rule, proposes another

The US Environmental Protection Agency issued a final regulation aimed at improving the clarity and consistency of oil and gas data submitted to its greenhouse-gas reporting program (GHGRP). It also proposed a rule that would add emissions reporting for sources that the program does not cover currently to its Subpart W.

ANGA president calls for sharper focus on gas transportation issues

America’s Natural Gas Alliance Pres. Martin J. Durbin called for a stronger focus on transportation as he outlined issues that the US gas industry faces following the 2014 midterm elections and heading into 2015.

IEA revises global 2014 oil demand forecast slightly downward

The International Energy Agency reported it has revised downward its global oil demand forecast for 2014 since its last report by 200,000 b/d to 92.4 million b/d. IEA said this revision was made “on reduced expectations of economic growth and the weak recent trend.”

MARKET WATCH: Crude oil futures reach above $75/bbl at week’s end in New York

The New York Mercantile Exchange December crude oil contract increased $1.61 on Nov. 14, closing at $75.82/bbl. The January 2015 contract increased $1.66 to $75.82/bbl.

Fire hits Shell-Motiva Norco manufacturing complex

Damage assessment remains under way at the Shell Chemical LP-Motiva Enterprises LLC integrated refining and petrochemical complex at Norco, La., following a mid-November fire at the site.

Rosneft, PDVSA sign long-term oil, products supply contract

OAO Rosneft reported signing a long-term supply contract for oil and oil products with Petroleos de Venezuela SA (PDVSA).

Halliburton, Baker Hughes agree to merge

Two of the largest oil-field services companies have agreed to merge. Halliburton Co. and Baker Hughes Inc. signed a definitive agreement for the stock-and-cash acquisition by Halliburton of all outstanding Baker Hughes shares. Equity value of the deal is $34.6 billion, based on Halliburton’s closing price on Nov. 12.

 

EIA: OPEC's anticipated inaction brings uncertainty to oil price forecast

Brent crude oil prices fell to $84/bbl at the end of October from $95/bbl at the beginning of the month.

What's sustainable?

Sustainability is eternally important and perpetually enigmatic. It's like justice: widely seen as embodying transcendent value yet defined in disparate ways.

More climate leaders

Presidents Barack Obama of the US and Xi Jinping of China asserted international leadership in the politics of climate change by announcing on Nov. 12 new targets for cuts in their countries' emissions of greenhouse gases.

Obama determined to let Keystone XL review process 'play out'

US President Barack Obama reiterated his stance on Nov. 5 that the proposed Keystone XL crude oil pipeline's ongoing cross-border permit review process should be allowed to proceed amid suggestions that Republicans winning majority control of the Senate in elections a day earlier opens the way for congressional legislation on the matter to reach his desk.

Watching Government: Considering the 2014 elections

Not a whole lot changed for US oil and gas in the 2014 elections despite Republicans regaining majority control of the Senate and increasing their number of governorships.

Market Connections

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.

 

Colorado School of Mines

Multiple Faculty Openings

Colorado School of Mines Petroleum Engineering Department invites applications for multiple full-time faculty positions.    
lewis livestock

RAILROAD ON 3 SIDES FOR SALE OR LEASE

RAILROAD ON 3 SIDES FOR SALE OR LEASE. 23 ACRES and 5 Water Wells On Site: SAN ANGELO, TX. Contact Steve Lewis: 575-202-2111 // lewislivestock@hotm...

Sale of Oil and Gas Leases

Notice of Sale of Oil and Gas Leases

 

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