Europe and Africa are the regions under greatest scrutiny by major oil and gas companies trying to tighten capital discipline in response to pressure to improve shareholder returns, concludes a new report by Wood Mackenzie.
In line with the lowest price volatility in years and stable crude oil prices, cash flow from operations for major energy companies has flattened. Data compiled from quarterly reports suggest that, for the year ending Mar. 31, cash from operations for 127 major oil and gas companies totaled $568 ...
in the southern area, which the company says contains multiple stacked oil ..... average working interest. The company currently holds 322,000 net acres ..... average working interest. The company in May agreed to divest a portion
extinguished less than an hour later. The company conducted a shutdown of the facility ..... Refining & Marketing of Coffeyville. The company said that four employees were injured and ..... to the surrounding community,” the company said, adding that company officials continue
season and increased gas demand. Recent government weekly inventory reports show US gasoline ..... production in Russia, upon which the government depends for revenues.” US officials ..... Airlines Flight 17, which killed 298 people . Cause of the crash remains under international
the entire US, regardless of producer profile. Independents have mostly shied away from using public resources, citing government regulations as significant obstruction. An average of 9.9% of total US production for respondents occurred on federal
with potential for future expansion. The company expects to make a final investment decision ..... Marcellus shale in the US Northeast. The company said it intends to replicate its Magnolia ..... OSMR) liquefaction technology. The company expects to close the $11-million transaction
year ( OGJ Online, July 1, 2013 ). The company expects to begin production from its 800 ..... plant during the second quarter, the company said. A mechanical issue with a compressor ..... according to LyondellBassel. While the company said its third-quarter earnings would
The US Environmental Protection Agency, which does not regulate methane emissions from natural gas local distribution companies (LDC), should start working with the US Pipeline & Hazardous Materials Safety Administration to address the problem, EPA’s inspector general’s office said in a July 25 ...
The New York Mercantile Exchange September crude oil contract ticked up 2Â¢ on July 25, closing out the week at $102.09/bbl. The October contract increased 15Â¢ to $100.87/bbl.