US Representative Kevin Cramer, a Republican and North Dakota's lone House member, believes that hardline, pro-drilling arguments from his own party may be hindering the chances of bipartisan support for increasing oil and gas production on ...
Tags: Drilling Rhetoric Hinders, Chemicals, Cramer
Italy's Eni may be looking at developing further joint projects with China's National Petroleum Corp after the offshore Mozambique deal signed Thursday, Eni's CEO Paolo Scaroni said. Speaking to journalists after the presentation of Eni's ...
Tags: CNPC, Africa Projects, Chemicals
China's incoming president, Xi Jinping, will likely follow the course set by his predecessor in dealing with Russia, according to a former senior vice president at China National Offshore Oil Corporation, Victor Gao. Xi is expected to be ...
Tags: gas, Offshore Oil, gas industry
US independent Cub Energy said Friday is has agreed to acquire a privately held Ukrainian oil and gas explorer, PrivateCo, for $25 million to increase its existing gas acreage in Ukraine. Under an all-share deal, Cub will pick up some ...
Tags: US independent Cub Energy, oil, gas, gas acreage
Natural gas production growth in the Marcellus Shale could meet last year's levels, even with some moderation of drilling in the region, as a backlog of wells wait to be brought online, analysts with Barclays Research said Wednesday in a ...
Tags: Natural gas, Marcellus Shale, drilling, oil
The NYMEX April natural gas futures contract settled 5.2 cents higher at $3.486/MMBtu Thursday on the back of a US Energy Information Administration storage withdrawal number that was above expectations and new data indicating a decrease in ...
Tags: NYMEX April natural gas, US Energy Information, production decrease
Natural gas output in the US Lower 48 states fell 1.1%, or 830,000 Mcf/d, in December compared with November, the US Energy Information Administration said Thursday in its monthly gas gross production report. Total US Lower 48 gas ...
Tags: natural gas, US, Natural Gas Production
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
Southeast Asia's LNG demand would represent a third of Asian LNG demand growth by 2025, while India's would represent one-seventh, Nicholas Browne, Senior Gas Market Analyst at Wood Mackenzie said Wednesday. Total Southeast Asian LNG ...
Tags: Southeast Asian, Wood Mackenzie, Chemicals
Westlake Chemical Corporation reported net income for the three months ended December 31, 2012 of $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, reported for the fourth ...
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
Tags: BP, financial results, fourth quarter
A recent study highlighting the net economic benefits of US liquefied natural gas exports is not the final word on whether to approve pending export applications, according to a top official at the US Department of Energy. "One thing to ...
Tags: net economic benefits, US, liquefied natural gas, DOE
Italy's Eni will spend a total of $1.445 billion to develop the Jangkrik North East offshore gas field in Indonesia's Muara Bakau block in the Makassar Strait, the head of Indonesia's upstream regulator SKK Migas said Friday. The ...
Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
Griswold Pump Company announces that its 811 Series ANSI Centrifugal Pumps offer the operational capabilities that are required for one of the most crucial activities in oil and natural gas production: Leased Asset Custody Transfer (LACT). ...
Tags: Griswold Pump, Pump, pipeline