Oil & Gas Journal Archive
- Barclays: Global recovery of upstream spending remains intact
- WoodMac: Upstream companies shift to ‘thrive’ in 2018
- World Bank to stop upstream oil and gas financing after 2019
- MARKET WATCH: Brent, NYMEX crude prices drop
- Cenovus budgets for more cost, payroll cuts
- EIA STEO: Global liquids supply to rise 2.1 million b/d in 2018
- Atlantic Coast Pipeline gets Virginia water permit, but with delay
- OPEC production fell in November from October
- MARKET WATCH: Crude prices drop after brief rally on Forties news
- US House bills introduced aimed at easing LNG exports
- PSA: Eni Norge can restore Goliat production
- BKV to buy more Marcellus shale assets
- Eclipse buying Pennsylvania interests
- Fire shutters unit at IOC’s Paradip refinery
- MARKET WATCH: Brent crude settles above $64/bbl on Forties fracture
A UK industry group is welcoming changes to UK fiscal policy that will allow buyers of offshore oil and gas fields to benefit from the past tax payments of sellers.
Doreen Cole will become managing director of Syncrude Canada Ltd. on Dec. 11, succeeding Mark Ward, who is retiring as president and chief executive officer. The title of Syncrude’s top operational position has changed.
Credible quantitative evidence exists, applicable under the statutory standards of the Natural Gas Act (NGA) and the National Environmental Policy Act (NEPA), to conclude that the benefits of natural gas transportation and liquefaction projects outweigh their costs.
The light, sweet crude oil contract for January delivery fell nearly 90Â¢ but held above $57/bbl on the New York market Dec. 4 while Brent crude oil for February fell more than $1, setting below $63/bbl—its biggest single-day decline since early October.
Lebanon will require that the workforce of its prospective oil and gas industry be 80% Lebanese. Energy Minister Cesar Abi Khalil said in a news conference in Beirut that the requirement is part of legislation to be submitted soon to the Cabinet, according to Lebanese press reports.