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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

2 hrs ago | Sunday Herald

Cairn Energy to axe jobs in restructuring

CAIRN Energy has announced plans to shed jobs in Edinburgh as the company refocuses but chief executive Simon Thomson said it is in good shape.


Related Topix: Energy, Cairn Energy

Madden 15 Gameplay! (So Much Rage!!)

Critics Slam 'Ice Bucket Challenge' as 'Slacktivism' and 'Stunt Philanthropy'

This Woman Looks Like She's Wearing Makeup. She's Not.

Police Fatally Shoot Another Black Male Near Ferguson

Tue Aug 19, 2014


Woodside posts jump in profit to $US1.1b

Woodside Petroleum has increased half-year net profit by 27 per cent and says it is confident about gas demand despite a large number of new projects coming online.


Related Topix: Energy, Woodside Petroleum

The Rio Times

The British Consulate Seminar for Rio Oil & Gas 2014

British oil and gas companies looking for overseas expansion will have the opportunity to glean valuable market insights within Brazil as the British Consulate in Rio de Janeiro welcomes their arrival with a series of seminars, testimonials and presentations at this year's Rio Oil & Gas 2014 Expo and Conference on September 15th-18th.


Related Topix: South America, Brazil, World News,

Connecticut Post

First Reserve's American Energy sinks $2.5 billion into Texas oil fields

A Greenwich private equity firm is expanding its presence in the energy sector after agreeing to buy 63,000 acres in the southern Permian Basin in Texas for $2.5 billion.


Related Topix: Texas, Chesapeake Energy, Energy

Pa. fines gas driller for losing control of well

State environmental regulators have fined a gas drilling company for allowing natural gas to escape a well in northeastern Pennsylvania.


Related Topix: Cabot Oil and Gas, Energy, Susquehanna County, PA

Business Journal

City of Arlington, Chesapeake reach settlement on gas royalties

The city of Arlington has reached a proposed settlement with Chesapeake Energy in a lawsuit it filed over gas royalties.


Related Topix: Chesapeake Energy, Energy

Key hearing starts for Chesapeake's criminal case

A key court hearing has begun in a criminal case against Chesapeake Energy, which Michigan accuses of leasing land to thwart competitors and then canceling the deals when the competition ended.


Related Topix: Chesapeake Energy, Energy


UPDATE 1-Canada's Couche-Tard makes short-list in $16bln Sinopec unit sale -sources

Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.


Related Topix: Alimentation CoucheTard, Retail, Real Estate, Equity Inns, China Petroleum and Chemical, Energy

Mon Aug 18, 2014

Oil Search to quadruple production in 2015

OIL Search increased first half net profit by 34 per cent and has forecast higher production and sales for the remainder of the year.


Related Topix: Energy, Oil Search, Papua New Guinea, Oceania, World News


Apache: Striking Oil From Australia to Texas

Apache has just announced an important oil discovery off the coast of Western Australia, but the independent exploration and production firm's real value is closer to home, in its North American operations.


Related Topix: Apache Software Foundation, Apache

Sydney Morning Herald

need2know: Shares poised to advance

Local shares, bolstered by gains in global equities, are set to open higher with investors focused on more corporate earnings and the RBA's latest meeting minutes.


Related Topix: Oil Search, QBE Insurance Group, Insurance, Energy, Financial Markets


RPT-INSIGHT-When companies flee US tax system, investors often don't reap big returns

Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.


Related Topix: McDermott International, Energy, Hanover, NH

How Will Petrobras (PBR) Stock React to Argentinian Oil Field Sales?

Petrobras Argentina SA, a division of the state-run energy company, will start to take offers on Sept.


Related Topix: Petroleo Brasileiro Petrobras, Financial Markets

The News Tribune

Ingersoll to buy Cameron unit for $850 million

The business makes equipment and parts that separates air, transmits gas and processes gas.


Related Topix: Cooper Cameron Corporation, Energy, Murphy Exploration and Production Company International

TETRA Technologies Receives Average Recommendation of "Hold" from Analysts

TETRA Technologies has received a consensus recommendation of "Hold" from the eight brokerages that are currently covering the company, Stock Ratings News reports .


Related Topix: Tetra Technologies, Chemicals

The Modesto Bee

Key hearing for Chesapeake in land-leasing case

Michigan Attorney General Bill Schuette amended a complaint in June to include a dozen more victims.


Related Topix: Chesapeake Energy, Energy, Modesto, CA, Business News

The Washington Post

Brent Falls Amid Signs of Waning Oil-Supply Threats; WTI Drops

Brent crude fell amid speculation that threats to Middle East oil supplies are easing.


Related Topix: Iraq, World News, Middle East, OPEC (Organization of the Petroleum Exporting Countries), National Oil, Energy, Business News

Sun Aug 17, 2014

The Globe and Mail

China faces buyer's remorse in Canada's oil patch

Early evening shots of Nexen's Long Lake Phase I integrated oil sands facility situated 40 km south east of Fort McMurray, Alberta.


Related Topix: North America, Canada, World News, Energy, Cnooc, China National Petroleum, PetroChina Company,


International jewels cause a commotion in Houston, catch even the...

The 411: Having secured the U.S. distribution rights to the Italian jewelry house, Terrie Hogan Turner threw a jewel-infused reception for Michele Pozzo , part of the three-man team creating the international line that is known throughout Europe and about to get its United States splash in the fall.


Related Topix: Murphy Exploration and Production Company International, Energy

The Motley Fool

Why This Oil Baron Thinks U.S. Oil Production Could Double

America's oil production is on a roll. After peaking in November of 1970 at 10 million barrels per day and declining for nearly 40 years to a low of just 5 million bpd in 2008, today's oil production has soared 67%.


Related Topix: Energy, Pioneer Natural Resources, West, TX


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