Mexico's Rig Renaissance Gets Under Way
The Grupo R conglomerate, which currently operates three semisubmersibles, has ordered four jackups from Keppel FELS in Singapore. Perforadora Mexico has taken two jackups originally ordered by...
View ArticleAs Exploration Heats Up, Latin American Nations Refine Offshore Regulations
National oil companies dominate Latin America's oil and gas industry: Petrobras in Brazil, Pemex in Mexico, PDVSA in Venezuela, Ecopetrol in Colombia, Petroperu in Peru, Enap in Chile, and Enarsa in...
View ArticleMediterranean Sea Plays Offer New Opportunities
The Leviathan gas field is Noble Energy's largest find, and Noble retains a 39.66% working interest, sharing with Avner Oil and Gas (22.67%) , Delek Drilling (22.67%) , and Ratio Oil Exploration (15%)...
View ArticleBarents Sea Dominates Latest Norway License Round
Minister Pat Rabbitte, speaking earlier in a parliamentary debate about a new Joint Committee report on Ireland's offshore oil and gas exploration, said the country had to deal with realities....
View ArticleRig Construction Continues To Focus On Higher-Spec Units
Shipyards that build offshore drilling rigs continue to stay busy with new construction projects. Worldwide, 131 jackups, semisubmersibles, drillships and tender-assisted units are under construction,...
View ArticleSurging For The Least Obvious Reason
3) 6/23/11: Announcement of a global, coordinated release of 60 million barrels of oil from strategic petroleum reserves . The U.S. Strategic Petroleum Reserve will account for half of the 60 million...
View ArticlePa. Gov OKs Bill Strengthening Gas Driller Rights
Pennsylvania Gov. Tom Corbett is defending legislation that an oil and gas royalty owners group said undermines some landowners' negotiating rights when dealing with Marcellus Shale drilling companies.
View ArticleQuebec Tragedy Unlikely To Slow Oil Shipments Via Rail
With production surging in North Dakota and western Canada, and no major pipelines connecting the oil fields to coastal refineries, there are few alternatives to rail to help meet the demand for...
View ArticleFX Energy Reports Results Of Plawce-2 Well Test In Poland
FX Energy Inc. (NASDAQ: FXEN) has reported that testing of three fracked Rotliegend intervals in the Plawce-2 well has been completed. PGNiG SA, the national oil company in Poland, is the operator and...
View Article'Road To Energy Security Runs Through Alaska'
Popular estimates put undeveloped oil resources in the Arctic National Wildlife Refuge, National Petroleum Reserve -Alaska and those offshore in the Arctic at around 30 billion barrels, twice that of...
View Article300 Woodpushers Vie In Shell Active Chess
The annual SNYACC, a legacy project of Pilipinas Shell Petroleum Corporation, aims to advance their mission of contributing to nation building through youth development and character enrichment....
View ArticleVietnam Backs India's Oil 'Exploration' Work
NEW DELHI: As China finally agrees to dialogue for a Code of Conduct in the South China Sea, Vietnam continues to strongly back " exploration and exploitation" work by India in parts of the region that...
View ArticleCompany Builds An AL-MS Pipeline To Chevron Refinery
Work is underway to make sure Chevron has the crude oil it needs to run its new 1 point 4 million dollar Pascagoula expansion. Chevron officials say construction on the base oil project should wrap up...
View ArticleCheniere Elects Foutch To Board Of Directors
Foutch holds a Bachelor of Science degree in geology from the University of Texas, along with a Master of Science degree in petroleum engineering from the University of Houston. Cheniere Energy Inc....
View ArticleRail Transportation Of Hazardous Materials Is 'A Necessary Evil'
Several other placards can be seen, with other common ones being 1075 (liquefied petroleum gas ) and 1203 (gasoline) . Daily inspections of equipment by railroad officials also prevent accidents....
View ArticleQatar In Talks With Germany's RWE Over Unit Sale
Qatar has held initial talks with Germany's No.2 utility RWE AG about buying its DEA oil and gas exploration and production unit, two people familiar with the deal have told Reuters. However the talks...
View ArticleEmgas To Distribute Free LPG Refills
Emirates Gas (Emgas) , a business subsidiary of Emirates National Oil Company, will be distributing free Liquefied Petroleum Gas ( LPG ) refills to underprivileged families of widows and orphans in...
View ArticleGulf Keystone Recommends Voting Against M&G Nominees
Oil exploration firm Gulf Keystone said its board would recommend that shareholders vote against four proposed directors backed by M&G Recovery Fund, an activist shareholder which has criticized...
View ArticlePast Is Prologue For Climate Change Threats To U.S. Energy
Energy and climate change are intertwined, a fact that the Obama administration recently acknowledged with plans to regulate greenhouse gas emissions from generators. Experts note, however, that...
View ArticleLatAm Demands Answers From US On Spying
The snooping included lifting data on leftist Venezuela's oil and military purchases and Mexico's drug war and energy sector as well as mapping the movements of a Marxist guerrilla group in Colombia,...
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