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OIL AND GAS

News about exploration and production of oil and gas, including discussions on the markets, prices, geopolitics, technology, companies and people. This may seem a stodgy industry, but higher prices are changing it a lot faster than you think.

Oil and Gas is part of Business Exchange, suggested by stanley reed. This topic contains 17,878 news and 3,350 blog items. Read updated news, blogs, and resources about Oil and Gas. Find user-submitted articles and reactions on Oil and Gas from like-minded professionals.

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The most active stories in this topic based on user activity.

JFE, Roxar get Gorgon go-aheadmore

Melbourne. Two more contracts for the Gorgon project offshore Australia have been passed out. The latest awards went to...

Oil Down Nearly 5 percent in Single Sessionmore

Report. Reversing course back into negative territory on Thursday, NYMEX crude recorded its steepest one-day percentage...

PetroChina, Shell to Buy Aussie's Arrow for AD3.5bmore

Sydney. A 50/50 joint venture between a subsidiary of PetroChina (0857.HK, NYSE:PTR, 601857.SH) and Shell Energy...

U.S. Gasoline Rises to $2.048 a Gallon, Lundberg Says more

The average price of regular gasoline at U.S. filling stations climbed to $2.0481 a gallon as driving picked up on...

Energy Prices Leave One In Four Shivering. UKmore

A quarter of Britons were left feeling the cold last winter in an attempt to keep fuel bills down. A new survey has...

Shell, PetroChina To Acquire Arrow For A$3.5 Billion: Videomore

March 22 (Bloomberg) -- Bloomberg's Heidi Couch reports on Royal Dutch Shell Plc and PetroChina Co.

The Energy Report - 3/22/10: Afternoon Editionmore

Susan McGinnis anchors this afternoon's Clean Skies News Energy Report from Washington, DC. On the program:-...

The Energy Report - 3/19/10: Afternoon Editionmore

Susan McGinnis anchors this afternoon from Washington, DC. On the program:- Montana oil and gas leases suspended over...

Persistent Geo-Blunder Discovered: Huge Boost for Oil and Gas Explorat...more

San Diego. For decades, an unsuspected geological blunder has limited crucial technical understanding of how, where and...

Apache Earmarks USD2B for Exploration, Acquisitionsmore

New Orleans. Apache Corp. Chief Executive G. Steven Farris said Monday that the company has $2 billion to spend in...

Crude Rolls Off April Contract with Rebound above USD81more

Report. After a volatile trading session on the New York Mercantile Exchange Monday, crude oil futures settled back...

Anadarko Bets on Deepwater GOM with 48 High Bidsmore

Texas. Anadarko was the apparent high bidder on 48 deepwater tracts in the Central Gulf of Mexico Lease Sale 213.

Additional Pay at Vito Sets Stage for Stand-Alone Developmentmore

Texas. Anadarko announced the Shell-operated Vito appraisal well in the Gulf of Mexico encountered more than 600 net...

Anadarko Strikes Again in Deepwater Mozambiquemore

Maputo. In deepwater Mozambique, Anadarko reached total depth of approximately 16,930 feet in the Windjammer discovery...

Eni presents a proposal to the European Commission for remedies relate...more

San Donato Milanese. Eni has formally presented to the Directorate General for Competition of the European Commission a...

Crude futures lower on technical trading following EIA datamore

Global crude futures edged lower during the European morning trading session Thursday, with both benchmarks well below...

Oil slips below USD77 as demand lags economic recoverymore

London. Oil fell toward $76 a barrel on Thursday as rising crude inventories in the United States signaled a rebound in...

SAfrica sees more significant oil, gas potentialmore

CAPE TOWN (Reuters) - South Africa has the potential to become a more significant oil and gas producer, with a new...

Crude futures fall as stockpiles remain highmore

CRUDE futures fell overnight as the latest US petroleum data showed continued weak demand and abundant supplies.

Interest grows in Ghana, and in small oilmore

Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject...

Peak flow rates, not peak oil?more

Neil McMahon at Bernstein Research says it’s not peak oil, but peak well flow that is the problem. He does however...

Qatar to supply India with additional LNGmore

New Delhi. Qatar has agreed to supply an additional 4 million tonnes of liquefied natural gas to India by 2013 as the...

Shell’s gas discovery in Norway: the “huge” find in contextmore

Royal Dutch Shell has caused some excitement with reports of a “huge” gas discovery off the coast of Norway.

Occidental Petroleum Replaces 206 Percent of 2009 Productionmore

Los Angeles. Occidental Petroleum Corporation (NYSE: OXY) announced today that at year-end 2009, the company's...

Federal Government to Cut Emissions 28 percent By 2020more

Report. President Obama announced on January 29 that the Federal Government will reduce its greenhouse gas (GHG)...

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