MORE OIL & GAS NEWS

Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled.

Exxon's 1Q profit more than doubles on higher oil prices

April 28, 2017

Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled.

Four years ago, Oklahoma's oil patch was booming, unemployment was falling and state lawmakers were debating what to do with $200 million in surplus revenue.

Oklahoma struggles to pay for schools after slashing taxes

April 28, 2017

Four years ago, Oklahoma's oil patch was booming, unemployment was falling and state lawmakers were debating what to do with $200 million in surplus revenue.

Trump to sign order aimed at expanding offshore drilling

April 28, 2017

Working to dismantle his predecessor's environmental legacy, President Donald Trump plans to sign an executive order Friday that could lead to the expansion of drilling in the A...

An application to inject wastewater from oil and natural gas operations into a well in an area of east-central Kansas that is near a fault zone and national park is garnering opposition.

Wastewater injection well application triggers opposition

April 28, 2017

An application to inject wastewater from oil and natural gas operations into a well in an area of east-central Kansas that is near a fault zone and national park is garnering op...

Gasoline prices around Arizona are at their highest level in 18 months.

Gasoline prices around Arizona reach 18-month high

April 28, 2017

Gasoline prices around Arizona are at their highest level in 18 months.

TechnipFMC (NYSE and Euronext: FTI) has been awarded by Zakum Development Company (ZADCO) an Engineering, Procurement and Construction contract (EPC3 project) for a sulfate reduction plant on West Island located offshore Abu Dhabi, United Arab Emirates (UAE).

TechnipFMC awarded an EPC contract for a sulfate reduction plant in Abu Dhabi

April 28, 2017

TechnipFMC (NYSE and Euronext: FTI) has been awarded by Zakum Development Company (ZADCO) an Engineering, Procurement and Construction contract (EPC3 project) for a sulfate redu...

The oil & gas industry is experiencing a rapid paradigm shift in regards to digital transformation, entering into a new era of “smart” technology during a time when price cuts on crude oil cause  companies to decommission rigs and cut investment in exploration and production.

Digital Transformation in Oil & Gas: Transforming the Experience

April 27, 2017

The oil & gas industry is experiencing a rapid paradigm shift in regards to digital transformation, entering into a new era of “smart” technology during a time when price cu...

Australia's prime minister warned energy companies on Thursday that they would be restricted from exporting gas if Australians are not also provided with adequate supplies at internationally competitive prices.

Australia warns gas companies they risk export restrictions

April 27, 2017

Australia's prime minister warned energy companies on Thursday that they would be restricted from exporting gas if Australians are not also provided with adequate supplies at in...

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year.

Global oil discoveries and new projects fell to historic lows in 2016

April 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 year...

For both operators and refiners alike, it is crucial to monitor levels of contaminants in crude oil. Residual levels of certain chemicals used during production are common. But the presence of these chemicals – such as hydrate inhibitors – can affect the quality and, crucially, the value of the crude and cause costly delays to downstream activities.

LUX Assure and Statoil Mongstad: time is of the essence for mono-ethylene glycol (MEG) in oil analysis

April 27, 2017

For both operators and refiners alike, it is crucial to monitor levels of contaminants in crude oil. Residual levels of certain chemicals used during production are common. But ...

A group that wants to shut down twin oil pipelines beneath the Straits of Mackinac is taking steps to propose a ballot initiative to voters in 2018.

Group pursuing ballot measure to close Mackinac pipelines

April 27, 2017

A group that wants to shut down twin oil pipelines beneath the Straits of Mackinac is taking steps to propose a ballot initiative to voters in 2018.

An application for a more than $1 billion proposed natural gas pipeline originating in Pennsylvania and ending in New Jersey is incomplete, state regulators said in a letter Wednesday.

New Jersey regulators deem pipeline application incomplete

April 27, 2017

An application for a more than $1 billion proposed natural gas pipeline originating in Pennsylvania and ending in New Jersey is incomplete, state regulators said in a letter Wed...

Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million.

Shell completes sale of Vivo Energy stake to Vital Africa BV

April 26, 2017

Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million.

A Houston-based pipeline company continued cleanup Tuesday at the site of a nearly 19,000 gallon oil spill in northwest Oklahoma that threatened a local water supply over the weekend.

Cleanup continues at site of 19,000-gallon oil spill

April 26, 2017

A Houston-based pipeline company continued cleanup Tuesday at the site of a nearly 19,000 gallon oil spill in northwest Oklahoma that threatened a local water supply over the we...

Florida power companies may soon be able to charge customers to fund out-of-state fracking projects under a measure that is moving ahead in the Florida Legislature.

Bill would allow companies to charge for outside fracking

April 26, 2017

Florida power companies may soon be able to charge customers to fund out-of-state fracking projects under a measure that is moving ahead in the Florida Legislature.