Fortuna to let NY landowners out of natural gas leases under agreement with attorney general A natural gas drilling company has agreed to ...
Ohio moderates' budget fix meets immovable forces in conservatives, Democratic governor A few moderate Ohio senators trying to craft a compromise to fix ...
Patterson-UTI Drilling ordered to turn over employment records after discrimination complaint A Houston-based oil and gas drilling company facing complaints of racial discrimination has been ordered to turn over its personnel records as part of an Equal Employment Opportunity Commission investigation. The ...
And why that’s great news for Canada Analysts judge oil companies on two key statistics – reserve replacement costs and recycle ratio. In other words, how much it costs a company to replace each barrel of oil it produces and how efficiently ...
The era of oil gushing from ground wells is over and can only be replaced by costly and complex refining of deposits such as Canada's oil sands to satisfy rising global energy needs, said a senior oil executive. Pressed about the high ...
Bahrain's oil and gas minister Abdul Hussein Mirza on Thursday said the Gulf nation is seeking to increase its oil production to 250,000 barrels per day (bpd) over the next seven years. Bahrain currently pumps 33,000 bpd of oil from its own ...
HOUSTON (Reuters) - U.S. oil companies were shutting production on Sunday as they evacuated workers from the Gulf of Mexico ahead of Hurricane Ida, which is forecast to roar across the offshore oil patch Monday before making landfall on Tuesday. BP Plc, ...
ND state land oil lease auction brings record $71.6M An auction of oil drilling rights on North Dakota state land has fetched $71.6 million, a record haul that will go mostly to benefit public schools. Oil producers and lease brokers paid an ...
China has dangled a near open cheque book to Africa's major oil producers in a bid to guarantee supplies for decades to come. It has offered 30 billion dollars to Nigeria and is negotiating for stakes in oil fields in Ghana and ...
BAGHDAD, IRAQ - NOVEMBER 5: An Iraqi worker adjusts a control valves at the Daura oil refinery on November 5, 2009 in Baghdad, Iraq. Iraq and a grouping of U.S and European oil companies Exxon Mobil Corp and Royal Dutch Shell PLC ...
In this photograph taken on Monday, Aug. 10, 2009, dairy farmer Brett Corsentino shows the damage he says has been done to his corn crop by waste water from natural gas drilling outside of Walsenburg, Colo. Area residents are experiencing problems with ...
SEC staff issues new accounting guidelines for energy companies reporting oil, gas reserves To help energy companies meet a requirement of providing more detailed information to investors when reporting oil and natural gas reserves, federal regulators issued new accounting guidelines Friday. Reserves ...
