Jun 29, 2012 05:58 SGT NHST Media Group Asia Anadarko Petroleum, the third-largest US independent oil and natural-gas producer by market value, is in negotiations to bring ExxonMobil into its deep-water Phobos project in the Gulf of Mexico, according to a report.
Jun 29, 2012 05:46 SGT NHST Media Group Asia Crude oil futures fell as much as 3% on Thursday, and are on track for the worst quarterly performance since the 2008 financial debacle on worries that an EU summit will not find durable solutions to the euro zone crisis.
Jun 28, 2012 06:04 SGT NHST Media Group Asia Crude oil futures rose on Wednesday as tighter North Sea supplies and strong US economic data put on the back burner concerns that a European summit would do little to solve he region's debt crisis.
Jun 28, 2012 05:46 SGT NHST Media Group Asia A new survey of petroleum executives and managers by the Fraser Institute found that Oklahoma is the best place in the world for oil and gas investment, as capital is directed more towards jurisdictions with clear regulations and competitive costs.
Jun 27, 2012 13:44 SGT FPSO Congress 2012 Oil & Gas iQ and the FPSO Network, have co – researched a study with 158 companies in the FPSO sector, who are willing to share their thoughts on the trends in the floating, production, storage and offloading sector.
Jun 27, 2012 06:06 SGT NHST Media Group Asia Nigerian President Goodluck Jonathan is replacing the managing director of state oil company Nigerian National Petroleum Corp (NNPC) and three other senior directors on Tuesday, a presidency statement said.
Jun 27, 2012 05:55 SGT NHST Media Group Asia Brazil’s Queiroz Galvao Oil and Gas has named its latest newbuild drillships, it said Tuesday.
Jun 26, 2012 06:53 SGT NHST Media Group Asia Clean-up operations were ongoing at the site of a small oil spill near Platform Houchin in the Carpinteria oilfield off the coast of California.
Jun 26, 2012 05:04 SGT NHST Media Group Asia US shale plays such as the Bakken in North Dakota will more than double output in the next two decades, according to the first official forecast for booming tight-oil production, published by the US government on Monday.
Jun 25, 2012 05:21 SGT NHST Media Group Asia US regulators said nearly 23% of US Gulf of Mexico oil and gas production had been halted on the threat of Tropical Storm Debby, even as the storm was expected to veer eastward toward the Alabama and Florida coasts.