More Petroleum News


Petroleum News including Oil Exploration, Production, Offshore Oil Drilling, Refining, Pipeline News & Resources and Oil & Gas Industry News

More Oil & Gas News

Wood Group wins onshore oil pipeline work for Origin Energy

Wood Group wins onshore oil pipeline work for Origin Energy

Jul 2, 2015

Wood Group has secured a $1 million contract with Origin Energy for the onshore oil pipelines related to the natural gas project in Australia. 

Shell takes final investment decision for deepwater development in Gulf of Mexico

Shell takes final investment decision for deepwater development in Gulf of Mexico

Jul 2, 2015

During design work for the Appomattox deepwater development, Shell reduced the total project cost by 20%. 

Statoil has decided to suspend Scarabeo 5 due to overcapacity in its offshore rig portfolio.

Statoil suspending offshore rig

Jul 2, 2015

Statoil has decided to suspend Scarabeo 5 due to overcapacity in its offshore rig portfolio.

Gulf states and BP reach settlement over oil spill

Gulf states and BP reach settlement over oil spill

Jul 2, 2015

BP and five Gulf states have announced a $18.7 billion settlement over damages done by the oil spill in 2010. 

Gas Natural Inc. has sold its utility and natural gas pipeline assets to Black Hills Corporation.

Gas Natural Inc. completes sale of natural gas pipeline assets in Wyoming

Jul 2, 2015

Gas Natural Inc. has sold its utility and natural gas pipeline assets to Black Hills Corporation.

While there’s still a clear shortage in highly-skilled professionals within the sector, some markets are now showing a resurgence in hiring activity.

Oil and gas recruitment: Hiring in Europe and North America has slowed, so why is the oil and gas job market in MENA thriving?

Jul 2, 2015

While there’s still a clear shortage in highly-skilled professionals within the sector, some markets are now showing a resurgence in hiring activity. 

FourPoint Energy, LLC announced the signing of definitive agreements to acquire oil and gas assets from Chesapeake Exploration L.L.C. (

Denver company to buy $840 million in Oklahoma oil and gas assets

Jul 2, 2015

FourPoint Energy, LLC announced the signing of definitive agreements to acquire oil and gas assets from Chesapeake Exploration L.L.C. and CHK Cleveland Tonkawa L.L.C.

As the oil and gas industry faces an uncertain future, there is increasing pressure to improve efficiency and eliminate wasted resources.

Oil and gas: The power of constructive collaboration

Jul 2, 2015

As the oil and gas industry faces an uncertain future, there is increasing pressure to improve efficiency and eliminate wasted resources. 

PHMSA proposes pipeline accident notification regulations

Jul 2, 2015 The US Pipeline and Hazardous Materials Safety Administration has proposed new federal oil and gas pipeline accident and notification regulations. Operators would be required to notify the National...

PHMSA proposes pipeline accident notification regulations

Jul 2, 2015 The US Pipeline and Hazardous Materials Safety Administration has proposed new federal oil and gas pipeline accident and notification regulations. Operators would be required to notify the National...