HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with investment reaching $598 billion, a 10% jump from [...]
Access to reserves is currently the biggest risk for oil and gas companies, said Ernst & Young in its annual report on the top 10 risks for the global oil [...]
HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that signals the return of the global drilling [...]
Houston, TX – Oil and gas industry professionals are divided in opinion on whether the price of a barrel of oil will exceed $150 by the end of 2011, according [...]
Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators, led by Kay Bailey Hutchison (R-Texas) and Mary [...]
Transocean Ltd. has announced that its ultra-deepwater semisubmersible rig Deepwater Horizon recently drilled the deepest oil and gas well ever while working for BP and its co-owners on the Tiber [...]
UK’s International Boundary Research Unit from the University of Durham has released a detailed map showing maritime jurisdiction and boundaries for the Arctic Region’s surrounding nations. The map details all [...]
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