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Oil & Gas Energy News

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Iran Oil Production Drop Seen

Thu, 17 May 2012 19:26:35 CDTViewed: 67 times.
A 12 percent decline in the first three months of the year is at odds with Iran's assessment that there has been no significant change in output over the past year.
Phrases:
Oil Production
Countries:
Iran
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Cybersecurity: How US Utilities Passed Up Chance To Protect Their Networks

Thu, 17 May 2012 18:37:47 CDTViewed: 129 times.
Cybersecurity needs are not hypothetical, as the recent DHS warning of a cyberattack on the US natural gas industry shows.
Phrases:
Natural Gas
Countries:
US
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Key Energy Services To Present At The UBS Global Oil And Gas Conference

Thu, 17 May 2012 17:43:00 CDTViewed: 133 times.
Key Energy Services, Inc. (NYSE: KEG) will present at the UBS Global Oil and Gas Conference, Thursday, May 24, 2012 in Austin, Texas. Key's presentation is scheduled
Phrases:
Oil & Gas
Companies:
Key Energy
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Brazil Navy Investigates New Oil Spill Off Coast

Thu, 17 May 2012 14:28:10 CDTViewed: 84 times.
BRASILIA - An oil spill was discovered off Brazil's coast near the country's Espirito Santo state, Brazil's Navy said on Thursday, the latest in a series of spills that have raised questions about the safety of a massive expansion of the country's oil production capacity. The Navy said it has sent a team to investigate and has no immediate estimate of the leak's size. Petrobras
Phrases:
Oil Production, Oil Spill
Countries:
Brazil
Companies:
Petrobras
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Final Details For Gulf Of Mexico Oil And Gas Lease Sale

Thu, 17 May 2012 14:23:48 CDTViewed: 67 times.
NEW ORLEANS- Today the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration's ongoing focus on expanding safe and responsible production of our domestic energy sources. Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today
Phrases:
Domestic Energy, Gulf Of Mexico, Ocean Energy, Oil & Gas
Countries:
Mexico [map]
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Pension Fund Urges Vote Against Chesapeake Directors

Thu, 17 May 2012 14:17:00 CDTViewed: 76 times.
The custodian of a group of New York City pension funds is calling on Chesapeake Energy shareholders to vote against two board members, saying they failed to monitor financial activities of the company's chief executive that have engulfed the natural-gas giant in controversy.
Keywords:
Naturalgas
Companies:
Chesapeake, Chesapeake Energy
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Iraq's Fourth Auction Will Boost Oil Hopes

Thu, 17 May 2012 14:04:58 CDTViewed: 11 times.
Iraq is preparing for its fourth auction of oil and natural gas exploration zones as it tries to rival Saudi Arabia as the world's leading oil producer.
Phrases:
Oil & Natural Gas, Oil Producer
Countries:
Iraq, Saudi Arabia
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Pipeline Is Ready To Reverse Flow Of Oil

Thu, 17 May 2012 13:40:00 CDTViewed: 72 times.
Enterprise Products Partners and Enbridge completed the reversal of the Seaway pipeline, setting the stage for crude oil to flow from an Oklahoma storage hub to Gulf Coast refineries.
Phrases:
Crude Oil
Keywords:
Pipeline, Refineries
Companies:
Enbridge, Enterprise Products, Gulf Coast
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Local Protest Rally Set For May 17 On Oil/gas Leases

Thu, 17 May 2012 13:14:48 CDTViewed: 113 times.
Heflin Mayor Anna Berry has announced that a local rally will be held in connection with plans by the Bureau of Land Management to lease some 118,738 acres, or about 30 percent of Talladega National Forest Land for oil and gas drilling.
Phrases:
Bureau Of Land Management, Oil & Gas
Keywords:
Drilling
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Baker Hughes Relies On Oil Exploration As Gas Rig Count Falls

Thu, 17 May 2012 13:01:36 CDTViewed: 71 times.
The growth of oil directed drilling is helping Baker Hughes and other oilfield services players withstand the fall in gas drilling, and over the long term, the shift bodes well for he industry as oil drilling is more service intensive than gas exploration.
Phrases:
Gas Exploration, Oil Drilling, Oil Exploration, Rig Count
Keywords:
Drilling, Oilfield
Companies:
Baker Hughes
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sideBar Content

Oil & Gas Areas of Interest

  • Crude Oil
  • Natural Gas
  • Shale Oil/Gas
  • Tar Sands
  • Drilling
  • Completion
  • Production
  • Servicing
  • Pipelines
  • Refineries
Oil & Natural Gas
Crude oil and natural gas are naturally occurring substances present in rock amidst the earth's crust. The origin of oil and gas is organic material - the remains of plants and animals - compressed in sedimentary rock such as sandstone, limestone and shale. Sedimentary rock is a product of sediment deposits in ancient oceans and other bodies of water. As layers of sediment were deposited on the ocean floor, decaying remains of plants and animals were integrated into the forming rock. This organic material eventually transformed into oil and gas after being exposed to a specific temperature and pressure range deep within the earth's crust.

Oil & Natural Gas Topics in the News

  • Arctic Oil & Gas
  • Campos Basin
  • Offshore Drilling
  • Outer Continental Shelf (OCS)
  • Piceance Basin
  • Sakhalin Islands
  • Santos Basin

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U.S. Petroleum Imports

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    • Worldwide Summary
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