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Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Watersby  Bloomberg|Adam Williams & Sabrina Valle|Friday, January 26, 2018TweetinShare82 The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013. (Bloomberg) -- If you're a super-major oil explorer, Mexico says it's got a bargain for you.The once-giant crude nation whose output plunged in the past decade is enticing the world's richest explorers with cut-rate prices for drilling rights to its most coveted offshore fields. The Jan. 31 auction for access to 29 deep-water tracts comes as $70-a-barrel crude lifts foreign drillers from the worst market slump in decades.Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp. are among the 21 entrants registered...
发布时间: 2018 - 01 - 29
(Bloomberg) -- Saudi Arabia will join a meeting of producers from within and outside OPEC in Doha next month, adding weight to the campaign by financially stricken crude exporters to freeze output and overcome the glut that’s weighing on the market.Qatar’s oil minister said that countries would meet in the nation’s capital Doha on April 17, without providing details of who would attend. While the participation of Iran is seen as critical for the deal to be effective, the meeting may go ahead without the Persian Gulf nation, according to two delegates who asked not to be identified because the ...
发布时间: 2016 - 03 - 18
RIO DE JANEIRO, March 17 (Reuters) - A fire broke out on Thursday on an offshore oil platform operated by Brazil's state-run oil company Petrobras in the Barracuda-Caratinga field in the Campos Basin northeast of Rio de Janeiro, the union representing platform workers said.The fire aboard the P-48 floating oil production, storage and offloading (FPSO) production vessel started at about 1 p.m. local time (1600 GMT) as the platform was being shut down and has since been put out, the union said on its website.
发布时间: 2016 - 03 - 18
NEW YORK, March 17 (Reuters) - Oil prices hit 2016 highs on Thursday, with U.S. crude surging 5 percent to pierce the $40 barrier, on optimism that major producers will strike an output freeze deal next month amid rising crude exports and gasoline demand in the United States.  A weaker dollar after a Federal Reserve policy decision on Wednesday that indicated two U.S. rate hikes this year instead of four also drew oil buyers using currencies such as the euro.  OPEC kingpin Saudi Arabia and non-OPEC producers led by Russia will meet on April 17 in the Qatar capital Doha, aiming for th...
发布时间: 2016 - 03 - 18
COSLPromoter; Image: COSL DrillingzoomCOSLPromoter; Image: COSL DrillingChina Oilfield Services Limited (COSL), a parent company of COSL Drilling Europe, is thinking about taking legal action against Statoil after the oil company terminated a rig contract it had with COSL Drilling. To remind, the Norwegian oil company Statoil cancelled a contract with COSL Drilling for the COSLInnovator semi-submersible rig that was operating on the Troll field in the North Sea. Statoil claimed that the conditions for terminating the contract had been met. In addition, Statoil decided to stop drillin...
发布时间: 2016 - 03 - 14
GC18 platform with drill rig; Image: Epic Management ResourceszoomGC18 platform with drill rig; Image: Epic Management ResourcesAn offshore worker has died after suffering fatal injuries on a platform in the U.S. Gulf of Mexico.On Friday, March 11, the Bureau of Safety and Environmental Enforcement (BSEE), an agency under the United States Department of the Interior, responded to a reported fatality on Platform A, Green Canyon Block 18 in the Gulf of Mexico.The platform, located approximately 150 miles south of New Orleans, is operated by an offshore oil and gas operator based in Houston, Whis...
发布时间: 2016 - 03 - 14
MEXICO CITY, March 9 (Reuters) - Oil companies have paid Mexico's oil regulator nearly $80 million for seismic data ahead of an auction for deep water fields, suggesting robust interest in the tender despite a lasting slump in the price of crude.Thirteen companies, including Exxon Mobil, BP and BHP Billiton, have paid a total of 1.38 billion pesos ($78 million) to date for licenses to use deep water data, according to a document from national oil regulator CNH seen by Reuters.Company executives say the sum reflects only a fraction of their spending in the past year to acquire geological data a...
发布时间: 2016 - 03 - 10
While the world focuses on Russia’s oil–freeze talks with OPEC, there are discussions behind closed doors in the Kremlin that will have a much more significant impact on the nation's(Bloomberg) -- While the world focuses on Russia’s oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin that will have a much more significant impact on the nation’s energy industry.   The petrodollars that underpin Russia’s national budget are evaporating. When crude prices were high, increasing revenue simply meant encouraging companies like Rosneft OJSC and Lukoil P...
发布时间: 2016 - 03 - 10
Almost two million job opportunities lie ahead for women and minorities, according to a new report by IHS that examines demographic and labor market trends in the United States for the next 20 years. The report "Minority and Female Employment in the Oil and Natural Gas and Petrochemical Industries", released March 8, estimates that 1.9 million job opportunities will exist in oil and gas and petrochemical industries through 2035.  A significant number of those new job opportunities will be filled by women and minorities. The report estimates Hispanic workers will account for 576,...
发布时间: 2016 - 03 - 10
MOSCOW, March 1 (Reuters) - Russian oil companies back the idea to freeze output at near-record levels reached in January, but did not support any proposals to cut oil production to lift global prices, Energy Minister Alexander Novak said.Russian President Vladimir Putin met the heads of the country's top producers, including Rosneft Chief Executive Igor Sechin, Lukoil CEO and co-owner Vagit Alekperov and others, to hear their views on last month's proposed output freeze.Novak, who was negotiating the first potential global oil pact in 15 years in Doha, said Putin and the oil firms, which pump...
发布时间: 2016 - 03 - 02
Offshore drilling contractors likely to struggle through at least 2018, Moody’s Investors Service says in a new report. Prolonged weakness in oil and gas prices is taking its toll throughout the energy industry, and as such, Moody’s Investors Service is recalibrating its ratings for several companies in one direction: down.  “The drop in oil prices and weak natural gas prices has caused a fundamental change in the energy industry, and its ability to generate cash flow has fallen substantially,” analysts write in a Feb. 26 credit research report. “Moody’s believe this condition will persis...
发布时间: 2016 - 03 - 02
(Bloomberg) -- Aubrey McClendon has been called a pioneer and a natural gas evangelist. Now he might just be the architect of his own destruction.Three years after being forced out of  Chesapeake Energy Corp., the natural gas company he co-founded, the 56-year-old is facing allegations he worked with an unidentified competitor to keep the price of leasing land artificially low.McClendon is accused of orchestrating a scheme between two “large oil and gas companies” to not bid against each other for leases in northwest Oklahoma from December 2007 to March 2012, the Justice Department said T...
发布时间: 2016 - 03 - 02
LONDON, Feb 23 (Reuters) - British oil and gas production could halve by 2025 if oil companies do not spend enough to squeeze every last drop out the North Sea, industry group Oil and Gas UK warned on Tuesday. Oil and gas companies, including former North Sea heavyweights BP, Shell and Statoil, have slashed their budgets by billions of dollars as they grapple with a 70 percent fall in oil prices. Britain, one of the oldest oil and gas basins, has been hit especially hard as low revenue prospects are coupled with some of the world's highest exploration and production costs. New investments...
发布时间: 2016 - 02 - 23
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