Tag Archives: production

Oil trader who predicted slump sees bull run starting

LONDON (Bloomberg) — Pierre Andurand, a hedge fund manager who predicted the oil collapse, said crude is starting a “multi-year bull run” because low prices have curbed supply. Crude futures, currently trading near $40/bbl, will rebound to $60 to $70 this year and $80 in 2017, the chief investment officer of London-based hedge fund Andurand […]

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Industry Leaders to meet in Argentina for Senior-Level Shale Summit

The second annual Argentina Shale Gas & Oil Summit (A-SGOS) will be held in Buenos Aires on May 9th & 10th 2016. The summit will provide a two-day conference, exhibition and networking event to address the current challenges and future possibilities for the shale industry in Argentina. The summit will bring together the unconventional resource […]

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Mexico’s Faltering Round One: Long-Term Implications

PEMEX pulls out of Mexico’s Round One With all the big waves this deal with Iran is making this week, I thought I would balance things out a bit with an offering from the other hemisphere and write a little round-up on Mexico’s re-emerging market, where it is today, and where it’s going. In August […]

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Tullow Gets Nod To Proceed With TEN Project Offshore Ghana

The International Tribunal for the Law of the Sea (ITLOS) has ruled that Tullow Oil could proceed with its operations at the $5 billion TEN project offshore Ghana. However, the tribunal restricted Ghana from beginning any new drilling operations in the area until a maritime border dispute with the Ivory Coast is resolved in 2017. […]

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2013 Oil & Gas Awards Winners Announcement

Over the last two weeks of October the 2013 Oil & Gas Awards were presented in the Southwest, West Coast and Mid Continent regions. The finalists and winners were announced at spectacular gala awards dinners held in Fort Worth, TX, Bakersfield, CA and Oklahoma City, OK. The 2013 Oil & Gas Awards judging panel reviewed […]

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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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Caterpillar Signs on as Presenting Sponsor of the High Horsepower Summit 2012

“Industry leader to play prominent role in groundbreaking conference discussing the role of natural gas in high horsepower operations.” July 2, 2012—SANTA MONICA, CA — Caterpillar, Inc. a global manufacturer of construction and mining equipment and diesel and natural gas engines, today confirmed their commitment to participate in the HHP Summit 2012—Natural Gas for High […]

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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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