Response to a surprise tax hike on UK oil production has been swift and predictably ominous. In its 2011 budget announced in March, the government announced changes that will ...
The decision to skip a year's worth of US reserves estimates recalls long-ago arguments about the superiority of government data over supposedly tainted numbers from the oil and...
Energy prices plunged May 5 with front-month crude falling 9% to less than $100/bbl in New York as the dollar escalated 1.9% over the euro after the European Central Bank indicated...
New mobile applications provide access to drilling dataNew mobile versions of two proprietary applications—InSite Anywhere mobile service and the eChartBook mobile service—are...
The moderator of a panel discussion spoke of federal officials "reaching out" to the industry at the Offshore Technology Conference in Houston during the first week of May.
ThailandCoastal Energy Co., Houston, has cased its Bua Ban North B-02 exploratory well in Thailand after it cut 62 ft of net pay in the Miocene objective with 26% average porosity...
A new study published by Scotland's University of Aberdeen highlights the substantial long-term reductions in field investment and oil and gas production that would result from...
International oil companies operating in the UK voiced their displeasure with recently announced tax hikes, writing in a collective letter to London's The Times that investor ...
The oil and gas industry may be interested to learn that top Japanese shipping lines plan major investments in vessels to carry key natural resources such as oil and LNG.
Without sufficient investments in oil field development and the use of new, advanced technologies, Mexico faces becoming a net oil importer in 10 years, according to research ...
"Political people don't pay attention to individual permits. They don't interfere with permitting for political purposes," Ned Farquhar, deputy assistant secretary for land and...
US Senate Democrats announced a bill on May 10 that would increase federal taxes for the nation's five biggest oil companies by eliminating several key deductions.