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API broadens its technical programs to address public scrutiny

Growing public scrutiny of oil and gas operations has forced the American Petroleum Institute to broaden its technical program coverage to suppliers of goods and services, API executives said.

State AGs urge EPA to resist call for oil, gas methane curbs

Oklahoma Atty. Gen. E. Scott Pruitt (R) and 12 more attorneys general from producing states urged the US Environmental Protection Agency to resist a threat by seven northeastern states to sue if EPA does not impose methane emissions limits under the federal Clean Air Act.

OTC: Deepstar focuses on subsea equipment

Advances in deepwater technology require financial commitment by oil companies and a willingness to form partnerships with vendors and regulators, panelists discussing the DeepStar research and development collaboration told an opening session of the Offshore Technology Conference in Houston.

MARKET WATCH: Oil prices climb; gas regains moderately

Oil prices continued climbing May 3 with crude up 1.7% in the New York futures market, pulled along by the strong performance in the equity market following a favorable jobs report.

House panel begins US-Mexico Trans-boundary treaty discussions

Congressional approval of the 2012 US-Mexico Trans-Boundary Hydrocarbons Treaty would produce significant benefits for both countries, witnesses told a US House Natural Resources subcommittee.

Watching Government: Federal fracing research update

Four agencies are moving ahead and continuing to coordinate federal hydraulic fracturing research despite missing a pair of deadlines, officials told a pair of US House Science, Space, and Technology Committee subcommittees on Apr. 25.

TransCanada delays Keystone XL in-service date to second-half 2015

TransCanada Corp. is pushing back the in-service date for its Keystone XL pipeline from late-2014 or early-2015 to second-half 2015.

Water increasingly crucial in energy policies, experts say

Energy policymakers worldwide should look beyond supply security and environmental questions and consider water resource availability if they expect to succeed, experts said May 3 during a forum at the Woodrow Wilson International Center for Scholars.

MARKET WATCH: Oil prices bounce back on stronger economy indicators

Front-month benchmark crude prices jumped 3% in both the US and UK futures market May 2, wiping out losses from the previous session, after the European Central Bank cut its benchmark interest rate to a record low of 0.5% from 0.75%.

Dingley named to Horn Petroleum, Africa Oil posts

Mark Dingley has joined Horn Petroleum Corp. as chief operating officer effective May 1, and also has been appointed president of Africa Oil Ethiopia BV, a subsidiary of Africa Oil Corp. Both firms are based in Vancouver, BC.

MARKET WATCH: Bearish inventory, economy drop oil prices

Oil prices dropped sharply May 1 with the front-month crude contract down 2.6% in the New York futures market after federal officials reported oil inventories at the highest level since 1982.

WEA survey: Voters back US oil, gas development

US voters strongly support domestic oil and gas development and recognize its significant benefits to the general economy, a survey released by the Western Energy Alliance in Denver indicates.

New York appeals court says towns can ban hydraulic fracturing

The New York State Supreme Court Appellate Division ruled May 2 that townships in New York state can ban hydraulic fracturing and shale gas drilling within municipal borders.

Cedigaz: Global gas trade in 2012 shows mixed trends

Global marketed natural gas production and “apparent” consumption in 2012 grew slowly, according to a new report from Cedigaz, the international natural gas association based near Paris.

Shell appoints executive vice-president for Arctic

Royal Dutch Shell PLC said Ann Pickard, currently vice-president, Australia and New Zealand, upstream international, will be moved to the position of executive vice-president, Arctic, upstream Americas, effective June 1.

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