Oil & Gas News

OPEC's unexpected understanding to trim production shows the cartel still has the resolve — and even desperation — to try to guide energy markets higher. But don't expect triple-digit oil prices anytime soon.

OPEC deal shows cartel's resolve _ and desperation

Sep 29, 2016

OPEC's unexpected understanding to trim production shows the cartel still has the resolve — a...

OPEC nations have agreed in theory that they need to reduce their production to help boost global oil prices during a meeting in Algeria, but a major disagreement between regional rivals Saudi Arabia and Iran still may derail any cut. What happened to oil prices and why can't OPEC agree to anything more binding?

AP Explains: What does OPEC's tentative deal mean for oil?

Sep 29, 2016

OPEC nations have agreed in theory that they need to reduce their production to help boost gl...

This spring and summer saw buzzing activity at water depth of 1300 metres on the Aasta Hansteen field. Four vessels have carried out successful deepwater field operations for nearly 200 days.

High activity in deepwater

Sep 29, 2016

This spring and summer saw buzzing activity at water depth of 1300 metres on the Aasta Hanste...

OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations.

Algeria-Oil Prices story

Sep 29, 2016

OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first t...

Prospects are dim for a deal among OPEC countries on Wednesday to freeze production and support oil prices, as disagreements persist between regional rivals Saudi Arabia and Iran.

Old rivalries seen blocking OPEC deal to support oil price

Sep 28, 2016

Prospects are dim for a deal among OPEC countries on Wednesday to freeze production and suppo...

A Houston marine services firm has agreed to pay $4.9 million in civil penalties to settle federal claims resulting from a March 2014 collision between its tugboat and a ship that spilled nearly 170,000 gallons of oil into the Houston Ship Channel.

Marine firm to pay almost $5M, improve practices after spill

Sep 28, 2016

A Houston marine services firm has agreed to pay $4.9 million in civil penalties to settle fe...

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Career News

More Than One-Third of Employees Are Always Searching for Their Next Job Opportunity

Aug 18, '16

Known as "Continuous Candidates," more than one-third (37%) of employees across the globe are always looking for their next job opportuni...

Catching all 250 creatures on Pokemon Go proves far more difficult than the hot, new app catching downloads. In just a few days, Pokemon Go registered 15 million of them, according to USA Today.

What If A Job Search Was More Like Pokemon Go?

Aug 12, '16

Catching all 250 creatures on Pokemon Go proves far more difficult than the hot, new app catching downloads. In just a few days, Pokemon Go registe...

TRS is one of four suppliers making up the recruitment framework to supply offshore wind contractors to Scottish and Southern Energy for the Beatrice Offshore Wind Farm; one of the largest private investments ever made in Scottish infrastructure.

TRS Staffing Solutions awarded contract for Beatrice Offshore Wind Farm

Aug 9, '16

TRS is one of four suppliers making up the recruitment framework to supply offshore wind contractors to Scottish and Southern Energy for the Beatri...

Despite increases in crude oil prices since the start of the year, employment in oil and gas extraction and support activities continued declining from levels reached in the fall of 2014, just before the onset of falling oil prices.

Oil and gas production jobs in May were 26% lower than in October 2014

Aug 8, '16

Despite increases in crude oil prices since the start of the year, employment in oil and gas extraction and support activities continued declining ...

Oil & Gas Wire News

MDU Resources Announces Webcast of Analyst Conference Call

Sep 29, 2016 MDU Resources Announces Webcast of Analyst Conference Call

Crude Storage Capacity Rising, Yet Utilization Rates Still Continue to Climb, an I...

Sep 29, 2016 Crude Storage Capacity Rising, Yet Utilization Rates Still Continue to Climb, an Industrial I...

Industrial Info to Host Webinar on Global Oil & Gas Industry

Sep 29, 2016 Industrial Info to Host Webinar on Global Oil & Gas Industry
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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"