Delegates leave OTC with a smile


For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.


US energy powers ahead


As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.


Huge scale of US shale


Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.

Renewable/Other Energy

Offshore wind for Texas about a decade away


The waters off the Gulf Coast could be an attractive place to install offshore wind farms. The winds are decent and there's plenty of space but at the moment, electricity prices in Texas are low, thanks to cheap wind coming from West Texas wind farms, and aren't high enough to justify the expense of engineering and building off the coast.


BP targets Texas for American comeback


At the beginning of this century, the British energy company BP achieved its own American dream, becoming the largest oil and gas producer in the United States after spending a combined $75 billion to buy the oil companies Amoco and ARCO in audacious back-to-back deals.


Texas-sized gas conundrum emerges in America’s busiest oil field


A pipeline shortage that’s leaving gas trapped in West Texas’ Permian Basin means prices for the fuel there are the lowest of any major U.S. hub, wresting that distinction from Appalachia’s Marcellus Shale. Prices for Permian gas, produced alongside oil in the play, have tumbled 30 percent from a year ago, while output rose to a record.