North America ///
Bechtel has been selected by Delfin LNG, a wholly owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design (FEED) for the first U.S.-based floating liquefied natural gas (FLNG) vessel to go into service at Port Delfin.
Chesapeake Energy Corp., the worst-performing stock on the Standard & Poors 500 this year, posted a second-quarter loss as it joined other North American oil and gas producers squeezed by a glut-driven commodity rout.
Wood Group Mustang has consolidated the Pipeline, Onshore and Oil Sands business units into the Onshore Pipeline and Facilities (OPF) business unit, which provides oil and gas processing, transportation, and field services.
Breitling Energy Corporation announces a new non-operated 35% participation in a 14-well developmental drilling program in West Texas, with the first spudding on Aug. 5.
The American Petroleum Institute has urged candidates at the upcoming presidential debates to outline their vision for harnessing the economic and national security opportunities created by America’s energy revolution.
Tumbling crude prices have damped prospects that the Mexican oil-drilling laws adopted last year will spur an investment boom. Instead it’s the surge in gas-pipeline construction that’s attracting foreign capital, expanding the market for U.S. gas producers and meeting growing demand from Mexican manufacturers and power plants.
Devon Energy’s board of directors has elected Dave Hager, most recently Devon’s COO, as the company’s new president and CEO.
Team Oil Tools has acquired all the outstanding shares of Odessa Packer Services (OPS).
Oil has fallen to a six-month low, and hopes of a quick rebound are fading as demand heads into an autumn swoon.
Shell's Polar Pioneer rig has started drilling operations in the Chukchi Sea, offshore Alaska.
ONEOK Partners, L.P. has announced plans to invest $70 million to $100 million to expand its ONEOK WesTex Transmission (ONEOK WesTex) intrastate natural gas pipeline system by increasing its throughput capacity by 260 MMcfd of natural gas by the first quarter of 2017.
Halliburton announced Sunday that it has certified substantial compliance with the U.S. Department of Justice’s (DOJ) request for additional information (second request).
CHARLOTTE, North Carolina (Bloomberg) -- U.S. crude may temporarily rise above the global benchmark Brent next year as Middle East output expands while the nation’s supply boom fades, according to Bank of America Corp.
The world’s biggest oil companies are painting a grim picture of the future and speculators are listening.
The CamCor series meters can handle many hydrocarbon production and processing applications effectively, but are especially suited for monitoring separator outlets near wellheads, crude oil custody transfer operations, in plants and pipelines delivering refined products and specialty gases, low-flow applications, and high viscosity fluids, such as crude oil and adhesives.
TransCanada Corp., which divides its business between pipelines and power plants, reported higher second-quarter profit as the company transported more fuel and produced more electricity from a nuclear plant in Ontario.
Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a prolonged stretch of weak prices after posting their worst quarterly performances in several years.
Chevron Corp. posted its lowest profit in more than 12 years after an energy market rout prompted the company to write down the value of oil and gas fields by almost $2 billion.
Exxon Mobil Corp. posted its worst quarterly performance in six years as a worldwide glut of oil collapsed prices faster than explorers trimmed costs.
Greenpeace USA activists suspended from the St. John’s Bridge in Portland, Oregon, for more than 30 hours have prevented Shell’s Arctic drilling support vessel, the Fennica, from leaving Portland.