More Oil & Gas News

WPX has a variety of options for the Piceance proceeds, including leverage reduction, additional drilling, infrastructure investments such as expanding its Permian gathering system, and buying out of any retained transportation obligations.

WPX Energy sells Piceance subsidiary for $910M, also closes OKC office

Feb 10, 2016

WPX has a variety of options for the Piceance proceeds, including leverage reduction, additional drilling, infrastructure investments such as expanding its Permian gathering system, and buying out ...

Mining and exploration investment declined 35% in 2015, the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948.

U.S. mining and exploration investment declined 35% in 2015

Feb 10, 2016

Mining and exploration investment declined 35% in 2015, the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948.

Only four of the estimated 500 oil and gas companies operating in Colorado say they can't meet the April 1 deadline to implement new safety rules to limit spills during major floods, according to regulators.

Few oil-gas companies say they can't meet new flood rules

Feb 10, 2016

Only four of the estimated 500 oil and gas companies operating in Colorado say they can't meet the April 1 deadline to implement new safety rules to limit spills during major fl...

A Pakistani police official says a car slammed into a gas tanker, causing a fireball that killed 10 people, including six children.

Car strikes gas tanker in Pakistan, killing 10

Feb 10, 2016

A Pakistani police official says a car slammed into a gas tanker, causing a fireball that killed 10 people, including six children.

Obama’s fiscal 2017 plan would raise oil, gas regulators’ budgets

Feb 10, 2016

Agencies across the federal government that regulate oil and gas activity would receive more money to enforce regulations and implement programs to increase clean-energy alternatives under US Presi...

Aker Solutions to conduct future Johan Sverdrup processing platform concept study

Feb 10, 2016

Aker Solutions says it will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field development offshore Norway.

BP: Fossil fuels remain ‘dominant form of energy’ through 2035

Feb 10, 2016

Global energy demand between 2014 and 2035 is expected to rise 34%, an average of 1.4%/year, with fossil fuels remaining “the dominant form of energy over the period,” according to the 2016 edition...

Tullow puts $5-billion price tag on deepwater TEN project offshore Ghana

Feb 10, 2016

Tullow Oil says its deepwater three-field TEN project offshore Ghana is more than 85% complete and expects first oil in July or August.

Stampede Lateral crude oil line starts flow in North Dakota

Feb 10, 2016

Summit Midstream Partners LP (SMLP), The Woodlands, Tex., reported the start of operations of the Stampede Lateral crude oil transmission pipeline in North Dakota. SMLP is currently in the final st...

Golar LNG Partners acquires FSRU Golar Tundra

Feb 10, 2016

Golar LNG Ltd. has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit, to Golar LNG Partners LP for $330 million.