Highlights
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Obama admin endorses Texas LNG export project; 2nd project to get Energy Dept. backing
Associated PressWASHINGTON (AP) — The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural...Tags: Economy, Business and Finance, Natural Gas, Petroleum Industry, Energy Resources, Joint Ventures
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FACTBOX-Foreign firms in China's shale gas sector
Reuters(Adds Italy Eni's joint study with CNPC) BEIJING, May 17 (Reuters) - Italian oil firm Eni has entered a joint study with China's CNPC to explore a shale gas block in the southwestern province of Sichuan, officials said on Friday, becoming one of the...Tags: Chevron Corportion, China, BP Plc, Newfield Exploration Company, Exxon Mobil Corporation
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Transocean lands more rig work off Australian coast
ReutersMay 15 (Reuters) - Transocean Ltd has found more work off Australia's coast for three rigs at higher rates than before, underlining the importance of emerging oil and gas regions for contract drillers. Transocean, the world's largest offshore rig fleet...Tags: Petroleum Industry, Australia
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DATOS-Subasta de petróleo en Brasil busca vender área del tamaño de Nueva York
Reuters(Reuters) - La primera subasta de petróleo de Brasil en cinco años ofrecerá 289 áreas en tierra y en alta mar de 11 cuencas sedimentarias que abarcan 155.800 kilómetros cuadrados de territorio brasileño, una superficie equivalente al territorio de...Tags: Chevron Corportion, Statoil ASA, Suez, Petroleo Brasileiro SA, Mitsubishi Corporation
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Frank's International files for IPO of up to $500 mln
ReutersMay 10 (Reuters) - Frank's International N.V., which provides equipment and services to the oil and gas industry, filed with U.S. regulators to raise up to $500 million in an initial public offering of common stock. The company, which counts Chevron...Tags: Petroleum Industry, Chevron Corportion, Financing and Stock Offerings, Exxon Mobil Corporation, U.S. Securities and Exchange Commission
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RPT-ANALYSIS-Collapse in Brent-WTI oil spread spooks refiners, railways
Reuters* Brent-WTI narrows to less than $8/bbl from above $20 in Feb * Refiners, railways, make big profits from the arbitrage trade * Bakken producers may need to discount their crude * Continental Resources expects lower rail fees By David Sheppard NEW...Tags: Union Pacific Corporation, North Sea, Travel, Canadian Pacific Limited, Companies and Corporations
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FACTBOX-Brazil oil auction seeks to sell an area the size of New York
ReutersMay 10 (Reuters) - Brazil's first oil auction in five years will offer 289 onshore and offshore areas from 11 sedimentary basins covering 155,800 square kilometers (60,155 square miles) of Brazilian territory, an area the size of Bangladesh or the U.S....Tags: Chevron Corportion, Statoil ASA, Suez, Petroleo Brasileiro SA, Mitsubishi Corporation
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Factbox: Brazil oil auction seeks to sell an area the size of New York
Reuters(Reuters) - Brazil's first oil auction in five years will offer 289 onshore and offshore areas from 11 sedimentary basins covering 155,800 square kilometers (60,155 square miles) of Brazilian territory, an area the size of Bangladesh or the U.S. state...Tags: Chevron Corportion, Statoil ASA, Petroleo Brasileiro SA, Suez, Mitsubishi Corporation
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Analysis: Collapse in Brent-WTI oil spread spooks refiners, railways
ReutersNEW YORK (Reuters) - After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts, traders, refiners, railways and investors are all asking the same question: Is the game...Tags: Union Pacific Corporation, North Sea, Travel, Canadian Pacific Limited, Companies and Corporations
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CANADA STOCKS-TSX may open higher on strong Chinese and German data
ReutersMay 8 (Reuters) - Canada's main stock index looked set to open higher as better-than-expected Chinese trade data coupled with robust German industrial output data boosted the already positive sentiment fed by global equity markets. TOP STORIES * China'...Tags: Talisman Energy Incorporated, China, Land Price, Finance, Quebecor Inc.
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Enbridge to build tanks for Surmont oil sands project
ReutersCALGARY, Alberta, May 7 (Reuters) - Enbridge Inc, Canada's largest pipeline operator, said on Tuesday it will spend C$300 million ($299 million) on infrastructure to handle expanded production from the Surmont oil sands project owned by ConocoPhillips and...Tags: Enbridge Incorporated, Upstream Oil and Gas Activities
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U.S. Interior says not bowing to outside groups on fracking regs
Reuters* New rules will be based on the best science -Jewell * Department "very close" to issuing new fracking rules * Arctic drilling rules expected by end of the year By Ayesha Rascoe WASHINGTON, May 7 (Reuters) - The Obama administration's second...Tags: Petroleum Industry, Energy Resources, Ken Salazar, U.S. Department of the Interior, Washington, DC
May 17, 2013
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May 16, 2013
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May 15, 2013
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May 10, 2013
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May 9, 2013
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