More Oil & Gas News

BP to settle federal, state Deepwater Horizon claims for $18.7 billion

BP Exploration & Production Inc. has agreed in principle to settle all federal and state claims arising from the 2010 Deepwater Horizon incident and subsequent oil spill with payments over 18 years totaling $18.7 billion.

A solar landmark

Solar-powered flight between Japan and Hawaii merits notice and praise. Most critical is demonstration of battery technology enabling the Solar Impulse 2 aircraft to store enough useful energy to fly at night yet remain light enough to fly at all.

A true legacy

The art of saying farewell-much like the mastery of OGJ style-can be a tricky undertaking.

OGJ Newsletter

International news for oil and gas professionals

Inhofe, Lankford say new BIA rules threaten Osage oil operations

New US Bureau of Indian Affairs regulations that increase production expenses on tribal lands could put the Osage Nation out of business, Oklahoma’s two US senators told US Sec. of the Interior Sally Jewell.

House panel’s crude export ban hearing weighs urgency against caution

A US House Energy and Commerce subcommittee hearing on legislation to repeal the ban on exporting US-produced crude oil quickly broke along party lines. Energy and Power Subcommittee Republicans argued the recent crude price decline could jeopardize future production growth if the ban stays in place. Democrats responded that removing it could have far-reaching consequences which should be considered first.

Chevron Phillips Chemical makes executive appointments

Chevron Phillips Chemical Co. LLC has made several executive appointments, all effective Aug. 1.

Twelve workers killed in Nigeria pipeline explosion

Eni SPA reported that an explosion occurred July 9 at the repair site for the Tebidaba-Clough Creek oil pipeline in Nigeria’s onshore Niger Delta.

Gov. Tomblin forms West Virginia oil, gas safety commission

West Virginia Gov. Earl Ray Tomblin (D) established the oil and gas safety commission he announced in his 2015 State of the State address. The group will include two producers, one independent producer, two pipeline officials, two labor representatives, and one trucking industry official in addition to four state agency directors and four state legislators, he said on July 9.

MARKET WATCH: NYMEX, Brent crude oil prices rebound more than $1/bbl

Prices for US light, sweet crude oil and Brent crude each rebounded by more than $1/bbl on their respective markets July 9, and analysts attributed the rebound to dropping expectations of higher Iranian crude oil exports, at least for now.

Transco seeks FERC approval for New York Bay Expansion project

Transcontinental Gas Pipe Line Co. LLC (Transco), a wholly owned subsidiary of Williams Partners LP, has filed an application with the US Federal Energy Regulatory Commission for its New York Bay Expansion project, which will deliver additional natural gas to New York City in time for the 2017-18 heating season.

House Oversight panel subpoenas Kerry for Keystone XL documents

The US House Oversight and Government Reform Committee issued a subpoena to US Sec. of State John F. Kerry for reports, recommendations, letters, and comments that the State Department received from federal agencies regarding the Keystone XL pipeline’s cross-border permit application.

MARKET WATCH: NYMEX crude oil prices drop for fifth consecutive trading session

US light, sweet crude oil prices settled slightly lower on the New York market July 8 for the fifth consecutive trading session, and analysts attributed the drop to an unexpected rise in US crude oil supplies along with uncertainty about Iran’s continuing talks concerning its nuclear program.

Ending crude export ban would help rural US areas, House panel told

Rural US communities generally have benefited from the nation’s crude oil production renaissance, and potentially could be helped more if restrictions on exports of crude were eliminated, witnesses told a US House Agriculture Committee hearing on July 8.

MOL completes Ithaca Norge acquisition

MOL Group, Budapest, has completed its acquisition of Ithaca Petroleum Norge from Ithaca Energy Inc. for $60 million plus possible bonuses of up to $30 million if exploration is successful.

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Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers Full benefit package Must be able to work any shift, day, night and weekends,...
Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
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Now Hiring: Offshore Utility Hands and Prep Cooks

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Offshore Catering Jobs Available

Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How...
WASHINGTON STATE UNIVERSITY

FACULTY POSITION

The Gene and Linda Voiland School of Chemical Engineering and Bioengineering at Washington State University invites applications for the B. Wise Di...
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