A refurbished mat-supported jack up mobile oil production unit (MOPU) recently began operating in 63 m of water on the Cendor oil field in Block PM304 off Malaysia.
With the petroleum industry under political pressure to market cleaner fuels and refineries operating near capacity rates in the face of rising demand, markets for conventional...
The Canadian government’s decision to remove tax advantages from companies doing business as income trusts will mean the end of the oil and gas trust structure in its current ...
Denbury Resources Inc. has signed an agreement with a Venoco Inc. subsidiary for an option to purchase Venoco’s interest in Hastings field, a potential tertiary flood property...
The December contract for benchmark US crudes expired Nov. 17 at $55.81/bbl, the lowest closing price in 17 months on the New York Mercantile Exchange, amid calls from some members...
It began when Steven G. Grape and John Wood, his supervisor in the US Energy Information Administration’s reserves and production division in the Office of Oil and Gas in Dallas...
David Wood, in charge of international exploration and production for Murphy Oil Corp., El Dorado, Ark., will become executive vice-president with responsibility for worldwide...
Just 3% of federal onshore oil and 13% of onshore federal gas are currently available under standard lease terms, the US Bureau of Land Management said on Nov. 28.
The Nov. 26 presidential election in Ecuador of leftist economist Rafael Correa in a landslide victory against right-wing tycoon Alvaro Noboa is sounding alarms in the international...
General Interest - Quick TakesFirms win MMS royalty in-kind oil contractsMore than 12.7 million bbl of crude oil and condensate from federal leases in the Gulf of Mexico was sold...
Selecting appropriate field development plans, risk management, and modifying project implementation methods is essential to maintaining the viability of deepwater oil and gas...
