The Vietnamese government and state-owned PetroVietnam have objected to drilling operations by China National Offshore Oil Corp. in the South China Sea, saying that a rig owned by the Chinese company is in Vietnamese waters. Vietnam's ...
Baker Hughes reported that for the week ending May 2, the US rig count decreased by seven to 1,854, following a 30-rig increase the week before. The rig count is still up by 90 from 1,764 rigs during the same week a year ago. The oil rig ...
Tags: oil rig, Baker Hughes
Baker Hughes reported that for the week ending April 25, the US rig count increased by 30 to 1,861. The rig count is still up by 107 from 1,754 rigs during the same week a year ago. The oil rig count increased by 24 to 1,534, whereas the ...
Tags: Rig Count, Baker Hughes
Outbound shipments of Eagle Ford Shale crude and condensate through the Port of Corpus Christi jumped to 430,829 barrels/day in March from 340,158 b/d in February, according to data released by the port. Shipments have been on the rise ...
Tags: Crude Shipments, Eagle Ford
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
Indian refining and petrochemical giant Reliance Industries Ltd. Friday reported a 7.9% year-on-year decline in its gross refining margin for the January-March quarter, to $9.30/barrel. However, the company showed an increase of 22.3% ...
Tags: refining, petrochemical, refined products
Baker Hughes reported that for the week ending April 11, the US rig count increased by 13 to 1,831, following a nine-rig increase the previous week. The rig count is still up by 60 from 1,771 rigs during the same week a year ago.? The oil ...
Tags: Metallurgy, Mineral, Energy
Baker Hughes reported that for the week ending April 4, 2014 the US rig count increased by nine to 1,818, following a six-rig increase the previous week.? The rig count is still up by 80 from 1,738 rigs during the same week a year ago.? The ...
Tags: Metallurgy, Mineral, Energy
Baker Hughes reported that for the week ending March 21, the US rig count decreased by six to 1,803, following a 17-rig increase the previous week.? The rig count is still up by 57 from 1,746 rigs during the same week a year ago.? The oil ...
Tags: Metallurgy, Mineral, Energy, gas
Natural gas production is expected to increase in five of six significant US shale and unconventional plays in April compared with March levels, according to the US Energy Information Administration. The EIA's monthly drilling ...
Tags: Natural Gas, Per-rig gas, shale
Wärtsilä receives the first order for its new Slop Water Treatment System Monday, Feb 24, 2014 The new Wärtsilä slop water treatment system has been ordered for an ultra-deep water drill ship operating in the Gulf of ...
Tags: Wärtsilä, Water Treatment System
The UK offshore oil and gas industry is experiencing record investment levels but there has been a fall in exploration activity that should lay the foundations for continued production. Industry association Oil & Gas UK Tuesday released ...
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
On a pound-per-pound basis, carbon nanotube-based fibers invented at Rice University have greater capacity to carry electrical current than copper cables of the same mass, according to new research. While individual nanotubes are ...
The phrase "An army marches on its stomach," often attributed to Napoleon Bonaparte, underscores the importance of logistics in the military. And in the 21st century, keeping up the supply of diesel fuel is one of the most challenging ...