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updated Mon. March 27, 2017

companies are automating jobs once held by traditional oilfield workers and focusing on projects that can succeed with today's modest and uncertain oil prices. Jim Kiser, lead client service partner in Deloitte's energy industry practice, said this ...
Murphy Oil corporation (MUR) currently trades with a market capitalization of $4.49 Billion. That value represents a market adjusting for revenues that have been falling by -4.81 % on a quarterly year/year basis as of the company's last quarterly report.
"NOC has spotted a group of people who are taking advantage of the political divide experienced by the country and signed dozens of illegal contracts with unnamed companies that are not eligible to buy oil," the company said in a statement on its website.
Triangle petroleum (NYSEMKT:TPLM) on Friday disclosed that Triangle USA Petroleum's plan of reorganization became effective, providing for payment in full in cash of TUSA debtors' revolving credit facility, and TUSA debtors emerged from Chapter 11 as ...
India is putting its aggressive program to sharply reduce oil and gas imports over the next 5 years to the test with an upcoming bidding round aimed at winning ...
The fundamental change to corporate tax laws, if a border tax is adopted, is that corporations would no longer pay tax on income but on the company's U.S. revenues. Exported goods would not be taxed, and imports could not be excluded from a company's ...
"Public Relations has not, historically, been a core function of oil and gas companies. That's understandable, but I think there's been a realization that this can no longer be ignored.
Which market sector outperformed all others in 2016? Knowing which sector has been hot could point to where you should invest in 2017.
Lobbyists Kevin Jardell and Dan Seckers talk to Alaska Department of Revenue Commissioner Randall Hoffbeck during a break in a hearing on a state House oil tax credit bill on Wednesday, in Juneau, Alaska. (Photo by Rashah McChesney/Alaska's Energy ...
As lawmakers debate the future of California's climate policies, the oil industry is boosting its lobbying firepower with a former Democratic assemblyman from Fresno who has bedeviled environmentalists in the past.
BISMARCK, N.D. - The Dakota Access pipeline developer says it has placed oil in the pipeline under a Missouri river reservoir and that the full pipeline will be in service soon.
Hurricane Energy claims to have found more oil in UK waters than any other exploration company over the past 10 years.
Top oil exporter Saudi Arabia has set a new range of income tax rates for producers of oil and hydrocarbons, the official Saudi Press Agency said Monday, quoting a royal decree.
The bulk of the inventory build we saw in January across the globe could be explained by the reduction in floating storage. We have been taken advantage of the bearishness over the last two weeks to buy up oversold energy companies. Latest addition to ...
These groups argue that the regulations set forth by President Obama made it difficult to utilize coal, oil, and natural gas, which harms American competitiveness on the global market.
It was not immediately clear why the wording had been changed, although a senior industry source said the committee lacked the legal mandate to recommend an extension.
Since the commission was formed, more than 50,000 oil wells have been drilled in the state, including "thousands" near cities and residential areas, according to oil company Ursa Resources Group. Martinez filed the suit after the COGCC denied a new ...
The industry eventually transferred those two techniques into oil drilling when Continental Resources (nyse:CLR) drilled the first commercially successful well in the North Dakota Bakken.
Those weak crude prices weighed on most oil stocks this week. However, the hardest hit were more vulnerable companies that really need higher oil prices to thrive. Topping that list, according to data from S&P global market intelligence, were Halcon ...
But the top U.S. oil and gas companies have been telling their shareholders that regulations have little impact on their business, according to a Reuters review of U.S.
DENVER -- A group of Boulder teenagers is taking on the oil and gas industry head-on. Most arguments against fracking have been shut down in the courts.
In recent weeks, Trump and his new Interior Secretary Ryan Zinke, with some Senate allies, have reportedly begun exploring ways to open the U.S.
The companies were all very similar to the real Russian firms. The company names registered in Britain were Rosneft oil company Ltd, PJSC Tatneft Ltd, JSC Transneft Ltd, oil company Lukoil Ltd, Surgutneftegas Ltd, PJSOC Bashneft Ltd, and Public Joint ...
It crops up in comments from electric-car advocates and clean-energy users fairly regularly. And it goes something like this: "Big Oil and Gas are on the verge of collapse, as clean energy and electric cars make them obsolete." Occasionally the ...
Some people are saying that Supervisor John Peschong cares more about the corporations that hire his political consulting firm than the citizens of San Luis Obispo County.
The Railroad Commission of Texas fined a Dallas-based oil and gas company more than $100,000 on Tuesday after inspectors found that several spills of oil and toxic water had not been cleaned up after nearly two years. Inspectors for the commission, ...
The half-decade span of 2010-2014, when oil averaged more than $100 a barrel, spurred oil companies to embark on some of the riskiest, costliest exploration ventures in the history of the petroleum industry in search of new barrels. The subsequent ...
That will have a "massive impact" on things like salaries and company benefits. There is always some disconnect between hiring managers and candidates, according to Janette Marx, chief operating officer at Airswift.
Idaho House members gushed in favor of a rewrite of the state's oil and gas regulations after approving amendments that addressed the concerns of the state's only company producing petroleum. The final 68-0 vote sends the bill to the Senate, where it's ...
The awards issued today are for 25 licences in 111 blocks to 17 companies. Commitments have been made to drill three exploration wells in the near-medium term.
A Dallas-based pipeline company called Azure Midstream Partners, which transfers natural oil and gas and has multiple branches in East Texas, was bought out after the company filed for bankruptcy at the beginning of 2017. Now a Houston-based company, ...
Oil and gas explorers seek to reassure Te Anau residents and dolphin lovers.
New Delhi: Shares of oil marketing companies Hindustan petroleum corporation (HPCL) and Indian Oil Corporation (IOC) hogged the limelight in afternoon trade on Thursday after these firms announced interim dividend for the financial year 2016-17 ...
Four Houston area oil and gas companies reported that they increased the pay of their CEOs by as much as $2.7 million in 2016, the first indications of what analysts expect was a much better year for top energy executives as the industry began to climb ...
State oil company PDVSA's new head of trading blamed the shortages on problems with internal shipping of products and vowed the issue would be solved soon.
(AP) - Speakers at a jobs rally in Charleston have urged the passage of legislation to benefit the state's oil and natural gas industry. Hundreds of industry workers attended the rally Tuesday on the state Capitol steps. Some touted bills under ...
The combined worth of the 100 most valuable Chinese brands expanded to hit a new high in 2017, boosted by rapid growth in the technology, travel and education sectors, according to a report published on Monday.
Texas-based oil and gas producer Ultra petroleum Corp.UPLMQ recently won court's approval on Chapter 11 exit plan. The verdict is likely to enable.
The company has a major presence with shale oil plays in the Permian Basin in West Texas and in the Rocky Mountains.
ALL new projects must comply with the provisions of the Nigerian oil and Gas Industry Content Development (NOGICD) Act 2010, the Executive Secretary of Nigerian Content Development and Monitoring Board, NCDMB, Mr. Simbi Wabote, has advised companies ...
Of the 11 companies, ONGC Videsh Ltd, Oil India Ltd, Indian Oil Corporation Ltd (IOC), Bharat petroleum corporation Ltd (BPCL), Numaligarh Refinery Ltd and Balmer Lawrie Co. Ltd are those that have exceeded their annual capital expenditure targets.
Experts say technology, slower demand and a more cautious approach by oil patch executives and bankers could - at least in the near term - give the industry a leaner look, companies are automating jobs once held by traditional oilfield workers and ...
"We expect this trend to accelerate in future years as Chinese companies realise they need to build differentiated brands to command a premium in a competitive market, where penetration-led growth is plateauing off in many categories.
With WTI oil remaining below $50 and the continuing uncertainty about the outcome of the tug-of-war between domestic shale producers and OPEC, there is a nontrivial probability of oil prices dipping to $40 and below. This article will present a ...
Abraxas has cleaned up its balance sheet and is preparing for a $110M capex plan. This should increase the oil-equivalent production rate by 40% before the end of this year.
Signs left by protesters demonstrating against the Energy Transfer Partners Dakota Access oil pipeline sit at the gate of a construction access road where construction has been stopped for several weeks due to the protests near the Standing Rock Sioux ...
The firm trains pilots and even helps companies write their safety manuals. DataWing also has its own pilots across the country.
China's total exports fell 1.3% YoY (year-over-year) in February 2017, which was worse than the 14.0% rise estimated by a Bloomberg survey.
Oil could begin flowing through the Dakota Access pipeline "sometime this week," the company's developers said in a court filing Monday night.





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