The US Bureau of Ocean Energy Management said it would allow 15 additional days for public comments on its request for information and comments on preparation of its 2012-17 US Outer Continental Shelf oil and gas leasing program.
The US oil and gas industry experienced a substantial rise in mergers and acquisitions during the second quarter, according to a quarterly report by PwC US Energy Practice.
OAO Rosneft and Petroleos de Venezuela SA (PDVSA) have signed a cooperation agreement for offshore projects in the Rio-Caribe and Mejillones blocks, the second stage of the Mariscal Sucre gas project
ConocoPhillips says it expects to recognize an aftertax gain from the sale of $1.1 billion. Proceeds would be available for general corporate purposes, including investments in the company ’s higher-margin, organic growth programs.
Crude oil and product futures prices were mixed on the New York and London markets on July 29 as US and Europe jointly announced broader sanctions against Russian businesses in retaliation for Russia’s involvement in the ongoing unrest in Ukraine.
will pursue the formation and initial public offering of a midstream master limited partnership (MLP) that would support the company ’s production growth in the Bakken shale . The MLP will consist of Hess’s natural gas processing plant in Tioga, ND, where
effective for both species and people ,” Natural Resources Committee ..... have been filed against the government during this administration alone ..... Require the federal government to disclose to affected states ..... and require the federal government ’s “best available scientific
The American Petroleum Institute has published new guidelines for the design, manufacture, and use of subsea capping stacks. The equipment is part of the oil and gas industry’s emergency preparedness in the event of a subsea spill at a wellhead, API said.
Templar, an exploration and production company formed by First Reserve Corp. in 2012 ..... with the underlying objectives of his company ’s 3-year plan. “Today’s sale further ..... weather conditions over the next month, the company reported. Production is expected to begin
Activity in the Wolfcamp shale is expanding and, by as early as 2017, could overtake the Bakken in tight oil spending, according to analysis on the West Texas-New Mexico play from Wood Mackenzie.