Oil & Gas News

French energy company Total SA says its net income fell 30 percent in the second quarter to $2.09 billion due to the impact of lower oil prices.

France's Total profit falls 30 percent due to oil price drop

Jul 28, 2016

French energy company Total SA says its net income fell 30 percent in the second quarter to $...

Retail gasoline prices in Texas, nationwide down this week

Jul 28, 2016

Retail gasoline prices in Texas have slipped 3 cents this week to settle at an average $2 per...

Kazakhstan's state oil company says it has initiated legal proceedings against Romania after prosecutors froze its shares in the country's largest oil refinery.

Kazakh state oil company starts legal case against Romania

Jul 28, 2016

Kazakhstan's state oil company says it has initiated legal proceedings against Romania after ...

Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe). Further appraisal drilling and planned wells in adjacent structures could considerably increase recoverable potential in the vicinity of the Fort Sumter well.

Shell announces Fort Sumter discovery in Gulf of Mexico

Jul 28, 2016

Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The ...

As crude oil trains began rolling through its downtown a few years ago, Spokane was among the first cities to pass a resolution calling for stronger federal safety regulations.

Cities turn to local action to block oil trains

Jul 28, 2016

As crude oil trains began rolling through its downtown a few years ago, Spokane was among the...

The Standing Rock Sioux Tribe is suing federal regulators for approving permits for the Dakota Access Pipeline that will move oil from North Dakota to Illinois.

Standing Rock Sioux sues Corps over oil pipeline permits

Jul 28, 2016

The Standing Rock Sioux Tribe is suing federal regulators for approving permits for the Dakot...

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Oil & Gas: PwC’s Annual Global CEO Survey

The reality facing oil and gas industries has changed dramatically over the last year. Learn how CEOs are responding to disruption in a marketplace without boundaries.

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Maximizing Operational Excellence

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Documented Processes: Key to Successful Unconventional Wells

During the preceding prolonged Oil boom with Crude near $100/bbl the Unconventional Oil & Gas industry emerged and grew rapidly. The focus at that time was to maximize the p...

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PennEnergy Webcasts

Learn how Associated Electric Cooperative Inc. is Increasing Asset Reliability

AECI is an Electric Co-Operative with power generating assets located in Missouri, Oklahoma, and Arkansas.   As the owner of two coal-fired plants, they are subjected ...

Multi-discipline Power Plant Design: How MWH Global Reduced Lifecycle Costs and Improved Safety

Join us and learn how MWH Global, when faced with the need for a design environment that enabled end-to-end collaboration, employed intelligent, 3D multi-discipline plant design...

Reduce Your Audit Risk: 7 Steps to Survive Motor Fuel Tax Compliance

Join us as we address the seven biggest taxation challenges facing fuel suppliers, distributors and retailers. We will discuss tactical tips you can use to overcome these obstac...

Maximizing Operation Excellence - The Key Role of Information Management

Join us for this interactive webcast, sponsored by EMC Corporation, where we will explore the state of information management and operational excellence in the energy industry. ...

Career News

As Michigan's economy continues to grow and become more competitive, the ability to find candidates with the right skills and experience remains a challenge for businesses. DTE Energy and the DTE Energy Foundation, the philanthropic arm of DTE Energy, are providing opportunities for 1,000 young adults and teens to obtain the skills and knowledge to fill jobs in Michigan.

DTE Energy and the DTE Energy Foundation provide 1,000 summer jobs for young people across Michigan

Jul 21, '16

As Michigan's economy continues to grow and become more competitive, the ability to find candidates with the right skills and experience remains a ...

Hundreds of local jobs in the construction trades will be created as Dominion Virginia Power prepares to build three separate large-scale solar power facilities in Virginia.

Three Dominion Virginia Power solar power facilities to generate 800 construction jobs in Virginia

Jul 13, '16

Hundreds of local jobs in the construction trades will be created as Dominion Virginia Power prepares to build three separate large-scale solar pow...

Fewer Americans sought unemployment benefits last week, a sign that employers are hanging on to workers despite a sluggish economy.

Fewer Americans applied for jobless benefits last week

Jun 9, '16

Fewer Americans sought unemployment benefits last week, a sign that employers are hanging on to workers despite a sluggish economy.

API Executive Vice President Louis Finkel claims that pro-energy policy is the best starting point for any plan to reduce poverty in America and turn our still-struggling economy around.

Energy jobs key to addressing poverty, wage stagnation

Jun 8, '16

API Executive Vice President Louis Finkel claims that pro-energy policy is the best starting point for any plan to reduce poverty in America and tu...

Oil & Gas Wire News

Hess Corporation's 10 Top-Valued Projects Reflect Plans to Grow Amid Downturn in O...

Jul 29, 2016 Hess Corporation's 10 Top-Valued Projects Reflect Plans to Grow Amid Downturn in Oil Prices, ...

KBR Announces Solid Second Quarter 2016 Earnings

Jul 29, 2016 KBR Announces Solid Second Quarter 2016 Earnings

Dynamic Materials Reports Second Quarter Financial Results

Jul 28, 2016 Dynamic Materials Reports Second Quarter Financial Results
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PennEnergy Microblog

Future Oil & Gas Supply-Potholes & Options

Rafael Sandrea, Ph.D. and President of IPC Petroleum Consultants, Inc., provides insights into US natural gas supply in his microblog,
Future Oil & Gas Supply-Potholes & Options.

Click here to read "US Natural Gas Supply -- A Balancing Act"

Click here to read "Natural Gas Supply -- Potential Setbacks"