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Keeping A Close Eye On The US SenateMost polling models show the Republicans narrowly gaining control of the US Senate in the upcoming November 4 midterm elections. Projections of how likely Republicans are to take over the upper chamber range from 62% (FiveThirtyEight) to 93% (Washington Post).Most of these forecasts have Republicans winning seven seats for a 52-48 advantage.Democrats are going into November 4 with a 55-45 advantage. Thus the GOP needs a net gain of six seats to win a majority. Unfortunately for the Democrats, they have to defend 21 of the 36 seats in play this year. Making
Earnings season is in full swing, and some professionals just can't be on every call. So, get Live Updates from industry conference calls and events here, on your Oilpro feed! The new homepage updates in real time throughout the day, making these live updates one of many great reasons to keep your Oilpro homepage (and your Oilpro feed) open on your desktop throughout the day. As part of the Oilpro interface's recent quantum leap, we introduced a new content type: 280-character text updates. This micro-blogging tool has many uses and can be thought of similar to posts on Twitter. You can po
Platts Energy Week TV, teaser for week of Oct. 26, 2014Tune in to the October 26 episode of Platts Energy Week, when we talk to a former PHMSA administrator about the challenges of moving oil and natural gas by rail and pipeline. We also speak...From:Platts McGraw HillViews:1 0ratingsTime:00:30More inNews & Politics
This is a busy time of year, and between conferences and of big news events, we’ve been running in several directions at once here at The Barrel. That’s part of the reason why we’re just now getting to your comments about the October version of The Oil Big Five, when we got our analysts and editors to share their biggest issues in the global oil industry.Today, though, we want to highlight some of your comments. Remember you can always tell us your thoughts through a comment here on the blog, or on Twitter with the hashtag #oilbig5.One of our topics was about Brent demand and prices. On Twitt
Fluor Corporation, in a joint venture with Technip, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the Petronas’ Refinery and Petrochemical Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia
To Nelson Bunker Hunt, the world was full of enemies.
Asia will be the main driver of global demand growth for liquefied natural gas, lifted by expectations of higher gas consumption in China.
Occidental Petroleum posts a better-than-expected quarterly profit as US oil production jumps.
Investing.com presented the following headline on 10/23/2014: "Oil surges more than $1 after Saudi production cut news". This headline was interpreting the report that Saudi output had declined in September versus August. In the simplistic, knee-jerk style of the futures traders, the conclusion was reached that this was a price-defending action by Saudi Arabia. Were this to be the fact, that action would hold great significance, indeed.When one applies a modicum of understanding regarding the relationship between demand and production, along with the knowledge that Saudi Arabia is the swing p
Chevron Corporation has announced a new oil discovery at the Guadalupe prospect in the deepwater US Gulf of Mexico
Drillinginfo’s process for creating directional drilling surveys was detailed in Directional Drilling Surveys from Paper to the Web. Since it’s such a long, winding path to take directional drilling surveys from paper reports to the interactive map application on DrillingInfo’s Read MoreThe post True North – Getting Our Bearings Straight When Mapping Directional Drilling Surveys appeared first on Drillinginfo.
Poland says that EU's proposed pace for increasing reliance on renewable energy sources is too fast for Eastern European countries that are trying to grow their economies as they restructure old, energy-dependent industries.
Mozambique opens up 15 new areas for exploration and production, a week after national elections which are expected to return the ruling Frelimo party to power.
Chevron finds significant oil pay in Paleogene age Wilcox sands at the Guadalupe prospect in the deepwater US Gulf of Mexico.
Husky reports an 11.5% rise in quarterly profit, helped by a 10% increase in production.
BP and Chevron said Thursday that the they have "encountered significant oil pay" in the deepwater GOM's Guadalupe prospect.The discovery well, in the Keathley Canyon Block 10, situated approximately 180 miles from the Louisiana coast, made the discovery. However, the majors did not offer an estimate on how much oil is contained in the formation. Chevron commenced drilling the well in June. Chevron operates the Guadalupe prospect, holding a 42.5% stake. BP also holds a 42.5% stake. Venari Resources owns a 15% stake. The companies said in a statement, "More tests are being conducted on the wel
10/13/2014 To 10/17/2014
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KBR has been awarded a three-year master services agreement (MSA) with Statoil Petroleum to provide engineering and procurement services for Statoil on a global scale
The October 22 edition of the New York Times ran an article, Nation’s Confidence Ebbs at a Steady Drip, that focused on the public’s loss of confidence in the Federal Government, the President, and Congress. The article pointed out that the President began his presidency committed to restoring public confidence that had been severely damaged […]
Shell’s discovery this week of a gas column off the coast of Gabon could prove to be a rich reward for their continued investment in the region. Shell began work in Gabon in the early 1960s, and this latest deep water find offers fresh opportunities not only for the company but for the country.With a per capita income four times higher than most of its sub-Saharan neighbours, Gabon has already made gains from its natural resources. Oil revenue makes up half of the country’s gross domestic product and over three quarters of its exports. As the third largest producer and exporter of crude in su
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Occidental Petroluem said domestic oil production costs rose in the third quarter.
Chariot Oil & Gas deems exploration in the northern blocks offshore Namibia too high risk to justify further spending on a new license.
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A playmate and blanket; all in one! The Thirty-One Blanket Buddy is every child's ideal pal. Bring the plushed teddy bear as a buddy and partner for adventures. And when naptime rolls around, kids have have a stuffed animal with blanket for comfort and snuggling. This blanket with a stuffed animal may be easily stored inside the bear by a zipper enclosure. Plush teddy bear Zipper enclosure Entire blanket fits easily inside stuffed animal Blanket dimensions: 34" x 34" Bear dimensions: 17.25" x 8" Ages 3 and up URL : http://www.orangeonions.com/thirty-one-blanket-buddy-grey.html M
U.S. energy-related carbon dioxide emissions (CO2) have declined in five of the past eight years. This trend has been led by emissions reductions in the electric power sector. Electricity demand growth has been lower than in the past and at the same time the power sector has become less carbon intensive (measured as CO2 emitted per kilowatthour of generation). Total emissions from the electric power sector in 2013 totaled 2,053 million metric tons (MMmt), about 15% below their 2005 level.
Houston's Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas.
Canada's Cenovus Energy says its quarterly profit falls four percent due to an unplanned outage at a refinery.
Norwegian seismic survey firms TGS and PGS report a deterioration in demand from oil companies.
Prosecutors detain four Moscow airport workers and deny bail to the driver of a snow plough involved in the plane crash that killed the CEO of Total earlier this week.
GDF Suez and BP make a 'significant' discovery in the UK zone of the central North Sea.
The Media Tour continues, live from a Breitling well site. Tune in to Fox Business at 11:45 Eastern. Chris Faulkner & Stuart Varney.
How will well spacing effect ultimate recovery? Is this different in the Niobrara to other plays?
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Kinder Morgan Canada has proposed a $5.4 billion expansion of its existing Trans Mountain pipeline, which links oil from Alberta's tar sands to the Vancouver, British Columbia-area.
Ocean Installer establishes office in Perth, Australia to meet demand for subsea construction services in Asia Pacific and Oceania.
In the year and a half I have been doing this column, I have dispensed A LOT of career advice both in my weekly pieces as well as personal emails with readers, so securing this newest opportunity was enlightening: I was on the "other" side!
Ezra Holding's subsidiary EMAS Offshore posts a four-fold increase in net attributable profit for financial year that ended Aug. 31.
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Several oil companies have spent millions fighting measures in two California counties that would ban hydraulic fracturing.
Polarcus will commence 3D survey over the Roebuck Basin, offshore NorthWest Shelf, Australia.
Savanna Energy Services inks $63.4 million deal to supply four drilling rigs for a liquefied natural gas project in the east coast of Australia.
InterOil provides update on exploration drilling program at permits PPL 475 and PPL 476 in Papua New Guinea.
Keppel O&M's net profit grows 17 percent to $201.5 million in the third quarter of 2014, compared to $172 million a year ago.
The Oil Industry has for years used ERP systems to manage its operations. These systems typically sit at corporate headquarters and capture data from keyboards located in cubicles. The data they capture is generally of three different types: (a) “the plan”, (b) “the rules”, and (c) “the results”. Here is the plan and if we follow the rules we will likely get these results. The plan and the rules sit in a central computing system and wait for execution from the field to determine the (i) the results, and (ii) if the rules require adjustment. The initial recording device for most of the re
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The $44 billion transaction will be the second largest energy merger in U.S. history.
New Standard Energy divests part of its interest in permit PEL 570 in the Cooper Basin, South Australia to Santos.
Giving away 2 Dallas Cowboys Tailgating tickets at bottom of the hour. Tune in, you have to know the answer to the ? http://ow.ly/CXXWZKRLD - CBS Dallas / Fort Worthdfw.cbslocal.com4131 North Central Expressway Suite 100 Dallas, Texas 75204 KRLD Contest Rules CBS Dallas: 214-525-7000 News Tips: 214-525-7473 Traffic Tips:...
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