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Sanctions likely to sting big Russian oil projects

International sanctions against Russian officials could endanger the country’s multibillion-dollar pipeline, liquefied natural gas and offshore projects as the cost of borrowing money surges, according to a report released this week.  More »

Petrobras spending on Pasadena refinery snares Brazil finance minister in scandal

Brazil’s top finance official is being roped into a growing scandal over Petroleo Brasileiro SA’s $1.19 billion purchase of a Texas plant, the latest in a string of troubles plaguing the company’s money-losing refining unit.  More »

Oil hovers above $100 despite higher supplies

The price of oil remained above $100 a barrel Thursday as traders held positions after a surge the day before despite a larger-than-expected increase in oil supplies.  More »

Want to hurt Russia? Oil exec suggests exporting crude

The quickest way for the United States to weaken Russia’s influence and help allies abroad is by exporting its crude oil — not its gas — Continental Resources CEO Harold Hamm told lawmakers on Wednesday.  More »

New Geopolitics Means Arctic Oil, Mega-projects’ BAU Could be Uphill

Western oil leaders may be worrying that Russian President Vladimir Putin’s actions in the Crimea will lead to a ban on international investment in the Russian Arctic, but if it does, that would be doing US companies a favor. The prospects that such mega-investments will remain profitable over 20 years looks questionable at best, even […]  More »

Juggling family and field work when considering how to start an oil & gas career

Achieving proper work/life balance is tough. Achieving that balance when your life involves a family you have to take care of and when you your career involves long trips to remote field locations is even tougher. To the extent that field work is in my opinion necessary for any young technical professional starting out their career in oil & gas, how does one weigh up the future benefits of this work with the current personal costs?  More »

Prosecutors ask $197M fine for CITGO in 2006 spill

LAKE CHARLES, La. — The Justice Department wants a federal judge to fine Citgo Petroleum Corp. at least $197 million in a Clean Water Act enforcement lawsuit filed in a 2006 oil spill at the company’s Lake Charles refinery. The Advocate reports the Justice Department argued in court filings this month that the legal maximum […]  More »

Natural Gas: The Hostage of History

On March 25, Senator Landrieu, the new chair of the Senate Energy & Natural Resources Committee will hold a hearing addressing the logjam on exports of natural gas.  That this hearing should even be held is a prime example of the unintended consequences of federal laws that have long since become obsolete. In 1938, Congress […]  More »

Android Wear an important step for wearable technology in the oil & gas industry

A few weeks back I wrote a piece on how smart watches could play just as important a role as Google Glass in bringing wearable technology to the oil & gas fields. Unfortunately, adoption of these smart watches has so far been slow, due to limited functionality and a fragmented set of platforms on which […]  More »

Working in oil & gas shouldn’t just be about the money

I know doctors do very well, but I would rather do math and physics than biology, and I dislike the sight of blood. I knew that going back to high school, so pursuing a career in medicine just for the money would have been disastrous for me.  More »

Commentary: Russia and Ukraine — The Energy Angle

Even with all the speculation and debate about Vladimir Putin’s nationalistic motives for Russia’s annexation of the Crimea, there still seems to be room for more thoughtful consideration of the oil and gas aspects of the conflict.  More »

Industry sings ‘Happy birthday to fracking’ today

From Fuel Fix: HOUSTON — The oil and gas industry is launching a social media campaign to promote hydraulic fracturing by highlighting Monday as the hotly debated technology’s 65th birthday. On March 17, 1949, Halliburton conducted the first commercial fracking job, according to the American Petroleum Institute. Hydraulic fracturing involves treating oil and gas wells […]  More »
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