oil and gas

News

BG Group Exec to Head UK’s New Oil and Gas Authority

The U.K. hired a senior BG Group Plc executive to head its new oil and gas industry regulator under plans to boost the country’s recovery of fossil-fuel

Offshore

Global Oil and Gas Spending to Hit Record Highs in 2012 [BARCLAYS REPORT]

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with

Offshore

Top 10 Risks and Opportunites for Oil and Gas Industry [REPORT]

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

Offshore

Global Drilling Boom: Oil and Gas Spending To Reach Record Level In 2011

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

Offshore

GL Poll: Offshore Industry Undecided on Future Oil Price

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,

News

Senators Urge Interior Secretary Salazar to Streamline Offshore Drilling Permit Process

Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators,

Uncategorized

Transocean’s Deepwater Horizon Drills World’s Deepest Oil and Gas Well

Transocean Ltd. has announced that its ultra-deepwater semisubmersible rig Deepwater Horizon recently drilled the deepest oil and gas well ever while working

Uncategorized

Arctic Map Shows Potential Hotspots for Dispute

UK’s International Boundary Research Unit from the University of Durham has released a detailed map showing maritime jurisdiction and boundaries for the