Ex-Shell head Ben van Beurden joins investment group KKR
Former Shell (LON:SHEL) chief executive officer Ben van Beurden will join private equity group KKR as a senior advisor on green investments, reports say.
Americas
Americas Oil and Gas News
Saipem lands Exxon Guyana deal worth up to $1.5bn
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
Plan to turn surplus oil rigs into floating missile bases
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
Another death on an offshore oil rig. Yet again, it’s Pemex.
Pemex’ safety and environmental track record is among the worst that I have encountered in my almost 35 years of writing about energy.
One dead, several injured after fire on Gulf of Mexico oil platform
At least one person has been killed and several others are injured after a fire broke out on an oil platform in the Gulf of Mexico.
SLB announces $7.8 billion stock deal for smaller rival ChampionX
American oilfield services giant SLB (NYSE:SLB) has announced a deal worth approximately $7.75 billion in stock to buy smaller rival ChampionX (NYSE:CHX).
All Americas Posts
Mayan Energy behind schedule for Shoats Creek field work
AIM listed oil and gas company Mayan Energy Ltd., has said it is "a few days" behind schedule in relation to its work programme for the Lutcher Moore 13 shallow well on the Shoats Creek field in the US.
Trump vows US energy budget ‘delivers’ but is ‘respectful’ to taxpayer
President Donald Trump's 2018 budget request will allow the Department of Energy to carry out its core functions while being "respectful" to the US taxpayer, according to Rick Perry.
US gas to benefit from China boost, report says
US gas companies could see a large LNG export potential to China after President Donald Trump and President Xi Jinping reached the bilateral trade agreement last month, said Rystad Energy.
Mosman Oil and Gas acquires slice of US play
Mosman Oil and Gas today confirmed it had paid, through its subsidiary Mosman Texas, $500,000 for a 10% stake in the Arkoma Stacked Pay Project.
Rig contractor to pay up to $100M for big data tech firm
Helmerich & Payne, the largest U.S. rig contractor, is set to buy a small Dallas firm touting technology that can guide drill bits to oil-soaked rock with cognitive computing.
Trump proposes selling off half the US strategic oil reserve
The White House plan to trim the national debt includes selling off half of the nation’s emergency oil stockpile, part of a broad series of changes proposed by President Donald Trump to the federal government’s role in energy markets.
Halliburton buoyant on US shale resurgence
Oilfield service giant Halliburton's new incoming chief executive claims North America is the firm's "growth story today".
Native American tribes drop legal appeal over Dakota pipeline
Native American tribes fighting the Dakota Access oil pipeline in court have dropped an appeal against a federal judge’s decision which allowed final construction to proceed.
More than half of carbon industry believes Trump will withdraw from Paris Agreement
A survey of carbon market industry figures has found that more than half of respondents believe that President Trump will start the process of withdrawing from the Paris Agreement by the end of 2017.
Mexico oil exports up 56% in first quarter of 2017
Mexico’s oil exports went up by 56% in the first quarter of 2017, according to Dallas’s Federal Reserve Bank.
ConocoPhillips completes sale of oil sands interest
ConocoPhillips has completed the sale of its 50% stake in the Foster Creek Christina Lake oil sands partnership to Canadian major Cenovus.
Tidewater files for chapter 11 bankruptcy
US based offshore service vessel provider Tidewater has filed a voluntary petition under Chapter 11 bankruptcy protection in the United States Bankruptcy Court.
Updated: Wood Group has axed 170 jobs in Houston
Oil services firm Wood Group has axed around 170 jobs in Houston, Texas.
Anadarko to disconnect Colorado gas lines after home blast
Anadarko Petroleum Corp. says it will permanently disconnect the one-inch lines running underground from its vertical wells in northeastern Colorado, a response to the fatal home blast near one of its old wells there.
Petrobras plans sale of Texas refinery
Petrobras has added the proposed sale of the Pasadena Refinery System Inc.’s refinery in Texas to its revised divestment portfolio.
Chevron awards contract for Tigris and Anchor developments
US supermajor Chevron has awarded a contract for its Tigris and Anchor developments in the Gulf of Mexico.
Well owner awarded $41.6m from insurer in Hurricane Rita case
Hurricane Rita destroyed an oil and gas well about 75 miles off Louisiana in 2005, but when Prime Natural Resources sought to recover damages from its insurance company, it was rebuffed.
Heerema clinches Peregrino jacket contract
Holland’s Heerema Fabrication has clinched a deal to build a new jacket for the Peregrino II project offshore Brazil.
Oceaneering to unleash new vessel on Shell Gulf of Mexico project
Oceaneering will use its new Ocean Evolution vessel to carry out flowline installation work in the US Gulf of Mexico for Shell.
Texas Supreme Court allows landowners power to sue over contamination
The Texas Supreme Court ruled late last month that the Railroad Commission of Texas, the state’s oil and gas regulator, does not have exclusive jurisdiction over environmental contamination cases, which can be settled in court.
Fracking boom fueled baby boom
The fracking boom did more than boost oil and gas production in areas where shale drilling was most intense. It also led to an increase in the the number of babies born, according to a new study.
Trump appoints former fund manager to serve on Commodity Futures Trading Commission
President Donald J. Trump has appointed a former fund manager, consultant and congressional policy adviser, to serve as head of the Commodity Futures Trading Commission.
Trump reveals picks for crippled US energy regulator
President Donald Trump has chosen a longtime aide to Senate Majority Leader Mitch McConnell and a state utility regulator to serve on the Federal Energy Regulatory Commission, bringing the agency one step closer to regaining its power to rule on natural gas pipelines and utility mergers.
Exxon gives back to schools, colleges and unis through charity
ExxonMobil (NYSE:XOM) employees donated more than $50 million to hundreds of higher education institutions across the US last year.
US based DGO buys up Titan assets in Appalachian Basin
US based Diversified Gas & Oil PLC (AIM: DGOC) plans to acquire Titan Energy's assets in the Appalachian Basin.
