Cox Oil to Buy Energy XXI Gulf Coast for $322 Million
Monday June 18, 2018 - Cox Oil snaps up Energy XXI Gulf Coast for $322 million, a 21% premium to its June 15 share price.
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Shell Seen Rediscovering Its Swagger in Texas Shale Oil Country
Monday, June 18, 2018 Shale oil hasn't always been Royal Dutch Shell Plc's best friend, but they’re working on the relationship.
OPEC Aims for Modest Output Hike to Overcome Iran's Dissent
Monday, June 18, 2018 OPEC is discussing a relatively modest production increase before its meeting in Vienna this week.
Continental Resources CEO Harold Hamm Pulls Out Of OPEC Meeting
Monday, June 18, 2018 Harold Hamm, founder and CEO of Continental Resources, has canceled a scheduled appearance at an OPEC event this week, a company spokeswoman says.
Cox Oil to Buy Energy XXI Gulf Coast for $322 Million
Monday, June 18, 2018 Cox Oil snaps up Energy XXI Gulf Coast for $322 million, a 21% premium to its June 15 share price.
US Approves Work On EQT Mountain Valley Natural Gas Pipe
Monday, June 18, 2018 US federal energy regulators approve EQT Midstream Partners LP's request to proceed with construction.
Oil Climbs as OPEC Producers Discuss Size of Output Increase
Monday, June 18, 2018 Crude climbed as traders weigh signals from OPEC producers on the potential size of an output increase.
How to Be Indispensable at An Oil, Gas Company
Friday, June 15, 2018 BP, Repsol and Ineos outline how you can become indispensable at your company.
TransCanada Fixes Part of Leach Xpress Natgas Pipe after W.Va. Blast
Friday, June 15, 2018 TransCanada Corp's Columbia Gas Transmission (TCO) unit said it fixed a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia.
SandRidge Approached by 17 Suitors, Icahn Says Not to Bid Soon
Friday, June 15, 2018 SandRidge Energy Inc said it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer's board.
EPA Won't Force Refiners to Make Up Waived Biofuels Volumes
Friday, June 15, 2018 The U.S. Environmental Protection Agency said it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it.
Baker Hughes: US Drillers Add Oil Rigs for Fourth Week in a Row
Friday, June 15, 2018 U.S. energy companies added one oil rig this week, the fourth consecutive week of increases.
Refiners Find Financial Rewards from Digital, But More Value Awaits
Friday, June 15, 2018 An Accenture report finds there is additional value in digital technologies that refiners have not yet taken full advantage of.
Enbridge Endorses Two Alternatives for Great Lakes Pipeline Replacement
Friday, June 15, 2018 Enbridge endorsed either an underwater tunnel or trench to replace a section of its 65-year-old energy pipeline that travels under a stretch of the U.S. Great Lakes in Michigan.
Oil Slumps 3 Percent on OPEC Supply, China's Tariffs
Friday, June 15, 2018 Oil prices fall more than $2 a barrel after two of the world's biggest producers indicated they might increase output at next week's OPEC meeting.
Texas Oil Port to Raise $300MM for Work to Handle US Shale Export Boom
Friday, June 15, 2018 Port officials are expected to consider $300 million in financing that would prepare the country's largest oil-export port to handle a surge in US shale production over the next five years.
Co-Employment: It's About Risk Management, Not Risk Elimination
Thursday, June 14, 2018 So what are the persistent misunderstandings around co-employment, and how should oil and gas companies go about managing their risk?
Analyst: Oil and Gas Taking Page from 'Big Pharma' Playbook
Thursday, June 14, 2018 What do the oil and gas industry and 'Big Pharma' have in common these days?
Report: Permian, Marcellus & Utica to Supply 55% of N. American Gas by 2030
Thursday, June 14, 2018 A report by McKinsey Energy Insights projects the three shale plays to drive supply.
Pennsylvania Allows ETP Mariner East 1 Pipeline To Resume Service
Thursday, June 14, 2018 Pennsylvania's PUC votes to allow Energy Transfer Partners LP's Sunoco Mariner East 1 natural gas liquids pipeline to return to service.
US Oil Firms Use Shale Know-How To Revitalize Old Oilfields
Thursday, June 14, 2018 Among vineyards and cow pastures in east Texas last month, roughnecks started to drill in an oilfield that is 25 years past its production peak.
Oil Mixed As Dollar Gains And Key OPEC Meeting Looms
Thursday, June 14, 2018 Oil prices were mixed, with Brent slipping and US crude gaining.
Russia: OPEC And Allies Could Hike Output Gradually From July
Thursday, June 14, 2018 OPEC and its allies could agree to gradually increase oil production starting from July 1, the Russian energy minister says.
Potential Cushing Bottleneck Could Increase US Oil Discount
Thursday, June 14, 2018 An emerging bottleneck at the key storage hub in Cushing, Oklahoma, is making US futures vulnerable to a drop, traders and analysts say.
Survey: Salary More Important to N. America Oil, Gas Workers
Wednesday, June 13, 2018 Rigzone's Ideal Employer Survey reveals how North America respondents' values at work differ from other respondents.
Trump Renews Twitter Assault on OPEC
Wednesday, June 13, 2018 Trump pushes the case for lower oil prices a week before the cartel meets to set production policy.
'Clear Challenge' in Permian Relates to Shortage of Available Takeaway
Wednesday, June 13, 2018 Rigzone highlights some of the upcoming challenges for oil and gas firms in the Permian.
Companies Must Develop Resilient Strategies to Deal with Sector Volatility
Wednesday, June 13, 2018 A new report by PwC identifies challenges the industry will face if there's a supply crunch and offers ways for companies to develop future plans.
US Crude, Gasoline Inventories Drop Sharply
Wednesday, June 13, 2018 US crude oil inventories fall more than anticipated last week, while gasoline and distillate stocks surprise with unexpected declines, EIA says.
Phillips 66 To Expand Texas Natural Gas Liquids Project
Wednesday, June 13, 2018 Phillips 66 says it plans to spend up to $1.5 billion on the expansion of its natural gas liquids project.
Russia and Saudi Arabia Pursue OPEC Deal at World Cup Meeting
Wednesday, June 13, 2018 Vladimir Putin and and Mohammed bin Salman will discuss how to boost oil production while maintaining their petro-alliance when they meet.
TransCanada Working On Leach Xpress Natgas Pipe After W. Va. Blast
Wednesday, June 13, 2018 TransCanada's Columbia Gas Transmission (TCO) unit says it is working on a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia last week.
Oil Rises for Third Day After Surprise Drop in US Inventories
Wednesday, June 13, 2018 Oil rose for a third day after a US government report showed tumbling domestic crude and fuel inventories.
OPEC Highlights Demand Uncertainty Before June 22 Meeting
Tuesday, June 12, 2018 OPEC emphasizes the deep uncertainty over the strength of demand for oil just a week before its crucial meeting.
America's Gas Prices May Double by 2040 as LNG Exports Grow
Tuesday, June 12, 2018 Exports of US LNG may double prices for the fuel by 2040, according to a study.
Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
Tuesday, June 12, 2018 ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.
US Regulators Urge Better Oversight for Pipeline Cybersecurity
Tuesday, June 12, 2018 The federal agency now charged with overseeing cybersecurity for US pipelines is ill equipped to do the job, say two top regulators.
IIoT Tech Seeks to Crack the Knowledge Transfer Code
Tuesday, June 12, 2018 A new wearable technology system is designed to ease the transfer of institutional knowledge from one generation to the next.
Oil Mixed As OPEC Cites Uncertain Market Outlook For 2018
Tuesday, June 12, 2018 Oil prices were mixed, with US crude settling higher before falling in post-settlement trading.
Optimizing Brownfields Could Drive Upstream Innovation
Monday, June 11, 2018 Check out Rigzone survey respondents' choices for the Top 10 most innovative oil and gas companies!
The Permian Blowout Is Apparently Never-Ending: Liam Denning
Monday, June 11, 2018 Energy dominance carries its own backlash, it turns out.
LNG Trade Grows 10 pct in 2017 as U.S., Australia Boost Exports
Monday, June 11, 2018 Global liquefied natural gas trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said.
Weatherford Is Said to Plan Sale of Laboratories Business
Monday, June 11, 2018 The Swiss oilfield services company Weatherford International Plc is considering a sale of its laboratory business, according to people with knowledge of the matter.
Oil Near Flat as OPEC Supply Hike Appears Less Certain
Monday, June 11, 2018 Oil prices were little changed as comments from the Iraqi oil minister cast doubt as to whether OPEC would decide to boost output at its upcoming meeting.
Construction Planned To Prepare Alaska's Arctic Refuge For Oil Drilling
Friday, June 08, 2018 The Trump administration says it will spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation's biggest wildlife park.
Report: E&P Consultants Earning 5% More than in 2016
Friday, June 08, 2018 As the oil and gas industry recovers, so do the salaries of E&P workers.
Energy Transfer Partners Says Restores Power To West Texas Facility
Friday, June 08, 2018 Transfer Partners has restored power to a pumping station in West Texas and is in the process of restarting operations on two crude pipelines.
Baker Hughes: US Drillers Add Oil Rigs For Third Week In A Row
Friday, June 08, 2018 US energy companies added oil rigs for a third week in a row even though crude prices have declined about 8% over the past three weeks.
Oil Falls On Concerns Over Rising Supply, Weaker Demand
Friday, June 08, 2018 Oil prices fell as concerns about surging US output and falling demand in China weighed on the contract and JP Morgan cut its price forecast.
Employed vs. Unemployed: Survey Reveals What Makes An Ideal Employer
Thursday, June 07, 2018 Rigzone's latest Ideal Employer Survey shows how unemployed respondents rank their top company compared to employed oil and gas professionals.
Soledad O'Brien: Energy Does a Terrible Job of Telling Its Story
Thursday, June 07, 2018 Emmy Award-winning journalist O'Brien believes energy companies need to focus their strategies on being honest and authentic in order to be successful in how they're portrayed in the media.
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