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General Interest

  1. La Jolla Conference: Industry panel bullish on oil prices, but sees more suffering to come

    Online Articles

    Fri, 22 May 2015

    University’s Kennedy School of Government , noted that Latin America is ..... Bank, an indicator of the company ’s financial distress in ..... scandal, which has caused the company to increase its planned divestments ..... as different entities— government and business—adapt to the large

  2. BLM seeks comments on Rosewood’s proposed Atchee area project in Utah

    Online Articles

    Fri, 22 May 2015

    The US Bureau of Land Management is seeking public comments on Rosewood Resources Inc.’s proposal to develop an oil and natural gas field in the Atchee area 40 miles south of Vernal, Utah.

  3. API: US petroleum demand slightly up in April

    Online Articles

    Fri, 22 May 2015

    According to data from the American Petroleum Institute, total US petroleum deliveries, a measure of demand, gained 0.7% in April from the same period last year to average 18.9 million b/d. These were the highest April deliveries since 2010.

  4. Alfa, Harbour Energy to acquire Pacific Rubiales for $1.7 billion

    Online Articles

    Thu, 21 May 2015

    components, petrochemicals, information technology, and telecommunications services. Harbour Energy is an energy investment company held jointly by US private equity firm EIG Global Energy Partners and Asian commodity trader Noble Group Ltd.

  5. Petroperu advances Talara refinery modernization

    Online Articles

    Thu, 21 May 2015

    between-bearing pumps (BB1, BB2, and BB3), the service company said on May 20. Pump orders for the contract, which were booked during ..... as installing piles to support the new infrastructure, the company said. While Petroperu continues to seek local workers to fulfill

  6. Statoil’s Gudrun condensate leak could have been major incident

    Online Articles

    Thu, 21 May 2015

    break on the line. In announcing the results on May 20, the company classified the incident to be “of the highest degree of seriousness ..... and hydrocarbons were confirmed in the process module. The company said the crack was the result of fatigue and overload. An

  7. EIA: US natural gas net imports lowest since 1987

    Online Articles

    Thu, 21 May 2015

    US net imports of natural gas totaled 1,171 bcf in 2014, down 9% from the level in 2013 and continuing an 8-year decline, according to the US Energy Information Administration. This was the lowest level since 1987.

  8. MARKET WATCH: NYMEX, Brent crude prices rebound

    Online Articles

    Thu, 21 May 2015

    with US light, sweet crude oil prices for July climbing nearly $1/bbl to close at just under $59/bbl on the heels of a government report that US oil inventories dropped for a third consecutive week. The gain in oil prices snapped a five-session losing

  9. Husky begins steam operations at Rush Lake heavy oil project

    Online Articles

    Thu, 21 May 2015

    operations about 8 weeks ahead of schedule, is expected to ramp up to full production “in a short time period,” the company said. The 10,000-b/d Edam East project is scheduled to come on stream in third-quarter 2016, followed by the 4

  10. ExxonMobil’s Liza-1 well encounters oil offshore Guyana

    Online Articles

    Wed, 20 May 2015

    encountered more than 295 ft of oil-bearing sandstone reservoirs, Esso E&P said. It is the first well drilled by the company on the 6.6-million acre Stabroek block, said Stephen M. Greenlee, president of ExxonMobil Exploration Co. Over the

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