Tag Archives: oil

Texas oil output hits highest level in two decades

Texas oil production rose by almost 100 million barrels in 2012 over the previous year, to the highest level in two decades. It was the fifth consecutive year with an increase. Despite a drop in oil prices last spring, economist Karr Ingham predicts production will rise again in 2013. Ingham offered a look at the […]

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71 percent of voters favor more oil and natural gas development

August 15, 2012 Seventy-one percent of American voters favor increased access to U.S. oil and natural gas resources, 90 percent believe more oil and natural gas development could lead to more U.S. jobs, and 87 percent believe it could lower energy costs for consumers, according to a new poll released today. “Strong majorities of voters […]

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Statoil Prepares for Complete Shutdown of Norwegian Shelf

Norway’s Statoil is preparing to shut down production on the Norwegian Continental Shelf (NCS) following a notice of lockout from the Norwegian Oil Industry Association (OLF), the company said Thursday in a statement. A lockout means a complete shutdown of Norwegian oil and gas production, highly possible government intervention and an end to the strike, […]

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Sightseeing – Stavanger’s Top 5

With Offshore Northern Seas 2012 just a few months away and many Oil and Gas Industry Professionals from around the globe planning to attend, we thought you may be interested in the Top 5 sights to see during your stay in Stavanger.   Stavanger`s destination company, Region Stavanger, gives you their top 5 list. Preikestolen […]

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