It's no secret the jump in US oil production in recent years has dropped imports of foreign crude to the lowest levels since 1997—down 1.3 million b/d in the 4 weeks ended Apr...
Congressional approval of the 2012 US-Mexico Trans-Boundary Hydrocarbons Treaty would produce significant benefits for both countries, witnesses told a US House Natural Resources...
The Bakken and Three Forks formations in North Dakota, South Dakota, and Montana hold an estimated mean of 7.38 billion bbl of undiscovered, technically recoverable crude oil,...
Lufkin Industries Inc.,Lufkin, Tex., and the General Electric Co. agreed jointly to the $3.3 billion cash acquisition of Lufkin Industries to $88.50/share—a 38% premium to its...
Mergers and acquisitions involving unconventional assets contributed to increased number of deals and total deal value during the first quarter 2013 compared with the same period...
Independent reports by the US Energy Information Administration (EIA) and Wood Mackenzie Ltd. (OGJ Online, Oct. 15, 2012) predict a strong upswing in oil exploration and production...
Tajikistan is energy starved—a situation that results in up to 70% of the population suffering from severe power outages each winter, imposes an estimated annual economic hit ...
Nowhere in the administration of US President Barack Obama has action conflicted with narrative more than it has with offshore oil and gas leasing. And the narrative keeps changing...
Contested areas of the South China Sea have not been assessed to hold large conventional oil and natural gas resources, the US Energy Information Administration said.
Subsea oil and gas technology is continuously advancing to meet the requirements of increasingly demanding production environments: deeper water, greater distances from shore,...
