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General Interest

  1. Harvest drops Venezuelan arbitration move

    Online Articles

    Thu, 29 Jan 2015

    Affiliates of Harvest Natural Resources Inc. have withdrawn a request for international arbitration alleging the government of Venezuela hampered efforts to sell interests in the country ( OGJ Online, Jan. 16, 2015 ). The affiliates, HNR Finance

  2. Shell, Iraq ink deal for petrochemicals complex

    Online Articles

    Thu, 29 Jan 2015

    presentation to investors on Jan. 29, Ben Van Beurden, the company ’s chief executive officer, did indicate Shell continues to evaluate ..... million tpy of capacity,” Van Beurden said. Whether the company actually will take FID on any of the three unidentified projects

  3. API forms Colorado Petroleum Council, picks executive director

    Online Articles

    Thu, 29 Jan 2015

    The American Petroleum Institute has opened a Denver office that will focus on oil and gas priorities in Colorado. Tracee Bentley, who previously was Gov. John W. Hickenlooper’s (D) legislative director and a senior advisor on energy and agricultural issues, was named the new Colorado Petroleum

  4. ASMP report lists routes to shale-stimulated manufacturing rebound

    Online Articles

    Thu, 29 Jan 2015

    manufacturing businesses will need.” Jobs and people The shale revolution has created 2.5 million ..... These ideas are important for business, government , and the public to carry forward,” Harbert ..... There also will be a need for qualified people .” Walter W. Wise, general president

  5. ConocoPhillips revises down $2 billion from budget

    Online Articles

    Thu, 29 Jan 2015

    deferral of major project spending. The company in December said it plans to significantly reduce ..... opportunities.” With the revised budget, the company now expects 2-3% production growth ..... million boe/d, also excluding Libya. The company , along with Chevron Corp. and BP PLC

  6. OMV trims annual investments for 2015-17

    Online Articles

    Thu, 29 Jan 2015

    Before the drop in oil prices , the company had planned to spend €3.9 billion each ..... Roiss, OMV chief executive officer. The company cited a 58% decline in the Brent oil price ..... driver behind the rise in production, the company said. OMV also applied €700 million

  7. MARKET WATCH: NYMEX oil prices hit lowest point in nearly 6 years

    Online Articles

    Thu, 29 Jan 2015

    US light, sweet crude oil prices fell following a government report indicating robust oil and product supplies. The front-month crude price on the New York market closed at $44.45

  8. US House approves bill aimed at increasing LNG exports

    Online Articles

    Wed, 28 Jan 2015

    The US House of Representatives passed a bill aimed at increasing US LNG exports by requiring the Department of Energy to determine whether a project is in the national interest once its federal environmental reviews were complete.

  9. Cenovus trims additional $700 million from capital budget

    Online Articles

    Wed, 28 Jan 2015

    targeting a revised budget of $1.8-2 billion, the company says. The company in December reported a capital budget of $2.5 ..... reductions include the suspension of the bulk of the company 's 2015 conventional drilling program in southern

  10. Citing lower oil prices, Sasol delays Louisiana GTL plant investment

    Online Articles

    Wed, 28 Jan 2015

    GTL) plant in Louisiana as part of the company ’s plan to conserve cash in response to ..... strategic investment opportunities, the company says. “Albeit at a much slower pace, we will ..... investment destinations for Sasol." The company in late 2013 chose Technip as the primary

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