Beaumont – Fuelfix

CEO says oil industry cedes its message to opponents

Chris Faulkner of Breitling Energy says the oil and gas industry does a poor job of getting its message to the public, and he’s trying to change that.  More »

Construction progresses at Cheniere’s Sabine Pass terminal

The Houston-based company is adding liquefaction capabilities to export LNG as it capitalizes on the surge of cheap abundant gas unlocked by the U.S. shale boom.  More »

Lawsuit: Siemens $6.5B price for Dresser-Rand too low

A shareholder of Dresser-Rand Group says in a lawsuit the Houston compressor and turbine maker is worth more than the $6.5 billion that Siemens AG is planning to pay for it.  More »
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BHP Billiton, Pemex sign agreement to share deepwater knowledge

Australian oil and mining giant BHP Billiton and Pemex, Mexico’s national oil company, have signed a deal to share knowledge of deepwater operations, BHP Billiton announced.  More »

BHP Billiton to cut petroleum capital spending by $279 million

BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report Thursday.  More »

Black Elk execs depart, start new firm

The man who founded and led Black Elk Energy, a Houston firm battered by a fatal 2012 explosion at one of its Gulf of Mexico production platforms, left the company a few weeks ago to try his hand at pumping oil on dry land.  More »

Mexican cartels steal billions from oil industry

Figures released by PeMex last week show the gangs are becoming more prolific and sophisticated; this year, illegal taps are up more than one-third from the same time in 2013.  More »

Shell, ConocoPhillips plead White House for flexibility in Arctic

Oil companies hoping to find crude under Arctic waters north of Alaska are imploring the Obama administration to ensure new rules governing drilling in the region don’t force them to stash emergency equipment nearby nor block them from using chemical dispersants to clean up any spills.  More »

BP won’t get restitution for spill settlement payments, U.S. Judge Barbier says

The judge said Wednesday that hundreds of millions in settlement payments over the spill will not go back to BP, despite the court’s recalculation of how much some businesses should receive.  More »

Here’s “The Way Ahead” for your oil & gas career

I was just starting out my career at the time, and it was truly as if everything I was thinking at the time was captured exactly in the pages of that first issue I received.  More »

Shale boom buoys businesses far removed from oilfields

The boom has been most generous to companies working in states with the most oil and gas activity, but the economic boost has also trickled down to steel-makers and machine tool manufacturers based in regions with no production, the report said.  More »

Total announces plans to sell $10 billion in assets by 2017

French energy giant Total SA will sell $10 billion of assets from 2015 to 2017, the company announced at an event for analysts Monday, as part of a broader strategy designed to promote financial discipline within the company.  More »

NOV completes leadership, business unit shuffle

National Oilwell Varco saw a lot of change in 2014, following the naming of its new CEO and the reorganization of its business units.  More »

Galveston eyed for $6 billion LNG export terminal

Galveston Wharves trustees Monday will consider leasing 185 acres on the northeast corner of Pelican Island to Next Decade, a privately owned company focused on developing two Texas LNG export facilities.  More »

Russian oligarch owns big stakes in Dresser-Rand, potential Swiss buyer

Dresser-Rand Group and its potential Swiss industrial buyer have at least one thing in common: An ultra-rich Russian metallurgy and energy tycoon with ties to Moscow.  More »
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