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Last week something serendipitous happened. I  went to what was ostensibly a briefing and news broke out.The news was that the big French bank BNP Paribas, after some high-level recruitment from a decamping JP Morgan Chase, intends to try and rebuild North American physical electricity trading to go along with its existing natural gas trading operations done primarily through its offices in New York.BNP’s decision bucks the trend set by a number of other big banks—most notably JP Morgan Chase, Deutsche Bank and Barclays Plc– who have pulled out of several areas of physical energy commod
Russian media reports said in June that Russia’s largest oil company, state-controlled Rosneft, considered buying Bashneft, part of Vladimir Yevtushenkov's empire.
Genie Energy's subsidiary signs agreement for additional oil shale exploration in Mongolia.
InterOil spuds Antelope-4 appraisal well in the Elk-Antelope field in petroleum retention license 15 in Papua New Guinea.
Keppel FELS clinches a $227 million contract from Gulf Drilling International to build a high-specification KFELS B Class jackup for delivery in early 2016.
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Gordon TombSenior Fellow, Commonwealth Foundation for Public Policy AlternativesA severance tax on natural gas development threatens to stall the Pennsylvania Marcellus Shale miracle and stunt local economic growth. Armstrong County farmer Randy Walker worries about the effect of a natural gas severance tax on his royalties and the job market.“A tax at the wellhead taxes my share and the company’s share,” says Mr. Walker. He adds, however, that he is most concerned about local jobs that could be lost if drilling is discouraged by a severance tax.Mr. Walker’s concerns are well founded. The nat
Sen. Ed Markey says the Interior Department moved too slowly on promised reforms since the Democrat raised concerns about “bargain-basement” lease sales.
IKM Subsea wins $16 million contract from eni Indonesia to provide remotely operated vehicle services onboard the Scarabeo 7 semisub for drilling operations in Indonesia.
9/8/2014 To 9/12/2014
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Oil for October delivery rose $1.96 to $94.88 a barrel.
Brazil's biggest oil field Libra will cost $80 billion to develop, an executive at consortium member Total says.
Louisiana Gov. Bobby Jindal says President Obama's administration has become "science deniers," failing to do enough to harness the nation's energy potential.
Editor’s note: This article first appeared in the July, 2014 issue of The Bakken Magazine, www.thebakken.com. The Sun Times would like to express their appreciation to The Bakken Magazine and Ms. Sand
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Tom ShepstoneShepstone Management Company, Inc.   The US Department of Energy has just released the results of a study indicating no evidence of fracking fluid migration to groundwater aquifers.A US Department of Energy study by its National Technology Energy Laboratory was released yesterday and it’s the good news everyone familiar with the industry and its history expected, but it predictably disappointed a lot of fractivists who are already moaning, groaning and making excuses. The report entitled “An Evaluation of Fracture Growth and Gas/Fluid Migration as Horizontal Marcellus
More details came to light Tuesday on Shell's plans for exploratory oil drilling in the Chukchi Sea north of Alaska, as federal regulators released a copy of the company's broad Arctic drilling blueprint.
Apache says it plans to sell some of its oil and gas properties in Western Canada as it continues to winnow its portfolio of international assets.
Brazilian regulators say they are confident that new regulations will trump provisions of the country's 2010 oil law that threaten to strip oil companies of rights to operate major oil fields.
US crude futures rose by almost $2 and Brent by more than $1 on the prospect of a production cut by OPEC.
HOUSTON – Sept. 16, 2014 – For the fifth consecutive year, the Dow Jones Sustainability Indices (DJSI) identify Halliburton (NYSE: HAL) as a leader in corporate sustainability as the company exceeded industry averages in the Economic, Environmental and Social Performance categories.
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Houston-based Kinder Morgan wants a natural gas pipeline through northern Massachusetts .
OMV's head of exploration and production, Jaap Huijskes, will leave the company in the first half of 2016.
Domestic unconventional oil and gas production will help raise US energy exports by about 5% per year through 2030, according to HSBC's Global Connections Trade Forecast.
HOUSTON – Sept. 16, 2014 - Halliburton (NYSE: HAL) announced today that it will present at the UBS Houston Energy Bus-less Tour on Thursday, September 18, 2014, at 4:30 p.m. Central time (5:30 p.m. Eastern time).
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U.S. Oil Boom Edging Out Saudi ArabiaOil & Gas Investing Report: U.S. Oil Boom Edging Out Saudi Arabia Welcome to the Oil and Gas Investing Report, brought to you by Crude Energy. Click the Play button above to hear this episode,...From:Crude EnergyViews:3 0ratingsTime:02:09More inPeople & Blogs
I first want to apologize to all non-U.S. readers. This article is about US well numbers and the way we uniquely identify wells here in the US. The common way.. read moreThe post The API Number is dead – long live the US Well Number appeared first on drillinginfo - Oil & Gas Intelligence | better, faster decisions.
The legal question of the day, submitted by the 5th Circuit Court of Appeals to the justices in Texas, could change the way companies finance risky business operations well beyond the oil industry.
The Montana Board of Oil and Gas Conservation has appointed long-time state petroleum geologist Jim Halvorson to replace Tom Richmond as the board’s administrator according to a report by Mike Ellerd
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Tweet Technip has been awarded a significant contract for new refinery units in the Kingdom of Bahrain The FEED contract covers four main work packages that include units aimed at processing the “bottom of the barrel” components to high value products Technip was awarded by The Bahrain Petroleum Company (BAPCO) a significant contract on a reimbursable basis to develop the Front-End Engineering Design (FEED) of the refinery located in the Kingdom of Bahrain.“We are proud to be associated to BAPCO for this major development of the refine
Bring an old world style to any room in your home with this exquisite Amber Crackle Tea Light Holder. Made of the highest quality materials, this candle holder is sure to provide you decorative ambiance for years to come. This amber candle holder has clear crackle glass, holds 1 tea light, and will add a beautiful illuminating accent to any room. Measures 4" diameter x 4.5" height Fashionable and Functional Holds 1 Standard Tea Light Candle Great for indoor or Outdoor Use URL : http://www.orangeonions.com/amber-crackle-tea-light-candle-holder-by-nanco.html MRSP: $25.99 62%
Spectra Energy Corp. announced a $3 billion expansion to its New England pipeline network, which it said will help meet growing demand for natural gas in the region.
Denmark's A.P. Moller-Maersk says its offshore oil and gas drilling unit has sold its Venezuelan barge activities.
BP says it will cut around 275 staff and contractor jobs in its Alaska operations in early 2015 following the sale of its interests in four oil fields in the North Slope area.
Oil & Gas UK announces finalists in seven categories for its annual awards ceremony.
Empty Oil Tanker Leaving Port of Corpus Christi – Click to EnlargeThe Environmental Protection Agency (EPA) has given a subsidiary of Conneticut-based Castleton Commodities International the green light for the construction of a new petroleum process facilities near Corpus Christi, TX. The EPA issued the final greenhouse gas and prevention of significant deterioration construction permit to the subsidiary, CCI Corpus Christi, LLC, on Sept. 15th.The company plans to build two fractionation units, capable of producing a combined 100,000 b/d and a bulk petroleum terminal. The terminal will
FMC Technologies - Maximizing RecoveryWe offer solutions to help customers Monitor Maintain and #Maximize the Life of the Field.From:FMC TechnologiesViews:0 0ratingsTime:01:52More inScience & Technology
MDU Resources Group, Inc. (NYSE:MDU) announced today that its indirect wholly owned subsidiary, Fidelity Exploration & Production Company, signed a Purchase and Sale Agreement for the sale of cert
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The discovery by China National Offshore Oil Corp. was made about a month after its rig withdrew in July from Vietnam's exclusive economic zone to far less-contested waters closer to China.
Bill Barrett Corporation plans to exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado.

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