The price for light, sweet crude oil for October delivery regained momentum after stalling briefly on the New York market Aug. 31 to settle above $49/bbl, hitting the highest closing price in nearly 6 weeks and marking the third consecutive day of an oil-price rally.
Rand Corp. released two energy workforce development studies commissioned by the US Department of Energy’s National Energy Technology Laboratory in Morgantown, W.Va., on Aug. 31.
Chris Kendall has been named chief operating officer of Plano, Tex.-based independent Denbury Resources Inc., assuming responsibilities lately handled by Pres. and Chief Executive Officer Phil Rykhoek.
current 6.5 million-tpy, the service company said. In addition to design of new units as ..... which received federal and provincial government investment approvals in December 2014, is scheduled ..... its share in the plant, the Russian company said. Contact Robert Brelsford at rbrelsford
oil at the site has been suspended temporarily as Syncrude works to develop a recovery and repair strategy, COS said. The company continues to investigate the cause of the incident. Details regarding a timeframe for recovery and repair work were not disclosed
teleconference with reporters. “There are people who are protesting against the drilling; there are people that are upset and believe that the president ..... said. “There are an equal number of people who believe that it has not been opened up enough
offshore oil and gas work has called on the government and industry to apply “clever thinking to ..... Continental Shelf oil and gas resource. The government has implemented many of the recommendations ..... 28 remarks to the BBC, Wood said the government and industry should continue seeking
deepwater Zohr prospect offshore Egypt. The company will immediately appraise its discovery ..... with 400 m of net pay, Eni said. The company has future plans to target a deeper Cretaceous ..... s largest natural gas finds, the company said. As Eni begins to fast track development for the
steeply. But the momentum appeared to have stopped in early Aug. 31 trading after The Financial Times reported the Chinese government will no longer make large-scale stock purchases to support the nation’s stock market. “It is now widely accepted that
billion in the development, which Maersk notes “has benefited from the HPHT Cluster Area Allowance introduced by the UK government as part of the 2015 budget.” The allowance supports the development of HPHT projects—which tend to have considerably