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General Interest

  1. MARKET WATCH: NYMEX, Brent crude oil prices reach 2015 highs on Yemen strife

    Online Articles

    Fri, 24 Apr 2015

    concerns about a possible disruption in Middle Eastern oil shipments. The airstrikes came the same week that the Saudi Arabia government said it was turning to diplomatic negotiations rather than military operations in Yemen. Saudi officials had noted they could

  2. MOL agrees to buy Ithaca Petroleum Norge

    Online Articles

    Fri, 24 Apr 2015

    MOL Group has committed to drill three exploration wells offshore Norway during 2015-16 under an agreement to buy Ithaca Petroleum Norge from Ithaca Petroleum Ltd., part of Ithaca Energy, for $600 million.

  3. Congressional Republicans see undue restrictions in 2017-22 OCS draft

    Online Articles

    Thu, 23 Apr 2015

    Congressional Republicans—led by Senate Energy and Natural Resources Committee Chair Lisa Murkowski (Alas.) and House Natural Resources Committee Chair Rob Bishop (Utah)—urged US Interior Sec. Sally Jewell to offer more tracts in currently open US Outer Continental Shelf areas and begin leasing in

  4. CERAWeek: Evolutions of Pemex, YPF running parallel

    Online Articles

    Thu, 23 Apr 2015

    transforming itself from a government organization to an ..... Lozoya Austin, the company ’s chief executive ..... Mexico’s total government revenues, EIA says ..... s launch as a company focused on profits came ..... international oil company , is attempting ..... that lots of recent government policy changes have been made

  5. Diligence essential to avoid future offshore mistakes, panel told

    Online Articles

    Thu, 23 Apr 2015

    and explosion that killed 11 people who were working aboard Transocean Ltd.’s semisubmersible ..... commitment and duty to the American people , we will remain vigilant in instituting ..... Florida—conceded that both government regulators and the offshore oil and gas industry ..... a noticeable change in how people make decisions the last few years. Taking safety to the

  6. Shintech advances plan for ethylene plant in Louisiana

    Online Articles

    Thu, 23 Apr 2015

    plant, which is to be built on land the company already owns in Plaquemine, La., will ..... 1.4 billion to be financed by the company ’s own funds, said Chihiro Kanagawa ..... provided by Lummus Technology US Inc., the company said. Construction of the ethylene plant

  7. Gazprom: EC’s antitrust allegations ‘unsubstantiated’

    Online Articles

    Thu, 23 Apr 2015

    it “strictly adheres to all the rules of international law and legislation in the countries” where it operates. The company has 12 weeks to reply to the commission’s statement of objections and can also request an oral hearing to present its arguments

  8. Upper East Coast US Senate, House members oppose Atlantic leasing

    Online Articles

    Thu, 23 Apr 2015

    Observing both Earth Day and the fifth anniversary of the Macondo deepwater well accident and crude oil spill, US Senate and House members—largely Democrats from Northeastern and Mid-Atlantic states—introduced bills to stop federal offshore oil and gas leasing off the Atlantic coast.

  9. Petrobras reports $2.1 billion write-down after anticorruption probe

    Online Articles

    Thu, 23 Apr 2015

    Bendine was subsequently elected to lead the company ( OGJ Online, Feb. 9, 2015 ). Overall ..... impairment charge of $14.8 billion. The company in March reported plans to divest $13.7 ..... scope of [Operation Car Wash],” the company said in an Apr. 22 statement. “A

  10. MARKET WATCH: NYMEX crude oil price drops on inventory build

    Online Articles

    Thu, 23 Apr 2015

    Crude oil prices for June delivery dropped modestly on the New York market on Apr. 22 to remain above $56/bbl for June delivery following another reported increase in US oil and product inventories. Meanwhile, statistics indicated slower manufacturing activity in China, a major oil consumer, last

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