North Dakota hits new output high; looks set to be next US energy hub
Output from the US state of North Dakota has hit a new record high and the region looks set to become the next major US energy hub.
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Output from the US state of North Dakota has hit a new record high and the region looks set to become the next major US energy hub.
Edinburgh-based Cairn Energy has made a bid for Nautical Petroleum in order to expand the company’s presence in the North Sea.
BP has announced that it has begun the initial start-up of the Galapagos development in the deepwater U.S. Gulf of Mexico, one of a series of new major upstream projects that the company expects to bring into production this year.
Estimated gross tonnes in situ increase by 429% to 8.0 billion t from 1.5 billion t in the Greater Soutpansberg area.
Natural gas production from shale, coal bed methane and tight sands is expected to generate significant job creation, economic growth, and revenue for federal, state and local treasuries throughout the U.S. in gas "producing" and "non-producing" states alike, according to a new IHS Global Insight study.
Five bombs are reported to have exploded at an oilfield in Northern Iraq on Saturday; two pipelines were damaged but the country’s oil exports have not been affected.
Employees at Baker Hughes’ Norwegian unit have gone on strike, hindering drilling and maintenance, but not production.
Shareholders in Chesapeake Energy Corp have shown their displeasure with the way the company has been run, by refusing to back the re-election of two board members.
The Islamic Republic of Iran has come under intense financial pressure as sanctions on oil exports imposed by the EU and Washington have begun to cut into the Iranian economy.
Alpha Natural Resources are shutting down four mines idling two coal preparation plants as demand for coal has fallen drastically over the last few years.
The Oklahoma based company continues to fight towards meeting a funding shortfall of approximately US$ 10 billion.
Shell has signed an Mou with TravelCenters of America to sell LNG as fuel for HGVs through its network of fuel stops.