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Saudi Arabia remains key to oil prices, despite U.S. production surge

Saudi Arabia’s actions will continue to have a big influence on world oil prices despite rising production outside the kingdom and other OPEC members, panelists said during a forum at Rice University.  More »

House panel advances energy bills; Senate approval doubtful

The House Natural Resources Committee approved a suite of bills that aim to boost domestic energy development and ratchet up pressure on the Obama administration to open new areas to oil and gas drilling.  More »

A Roadmap For Oil & Gas Young Professionals Pursuing Graduate Education

Last week, I made the case that going back to school for a graduate degree is essential if you want to enjoy a successful career progression. I also said that the choice of degree was up to you: if you’re set on being a researcher a PhD is a requirement, but for those looking to learn more without following too narrow a path, an MBA or technical Master’s is the way to go.  More »

Dover Energy breaks ground on new facility

Dover Energy, which creates machinery for the oil industry, broke ground on Tuesday in Pearland for their new facility, consolidating Dover’s multiple Texas locations into one regional facility.  More »

Myanmar as economic miracle hinges on natural gas bounty

Myanmar’s opening to foreign investment has been compared to the fall of the Berlin Wall and the start of an economic growth story to emulate Vietnam. How those views pan out will be largely decided by natural gas.  More »

GE inks contract with Pemex for deep-water Gulf of Mexico projects

GE Oil & Gas has a contract worth $84 million agreement with Pemex Exploration and Production to supply and to install subsea wellheads for Pemex’s deep-water and ultra-deepwater drilling projects in the Gulf of Mexico.  More »

An Undergraduate Degree Is Just the Beginning For Young Professionals In Oil & Gas

If you think showing up and doing a good job alone will get you to the top, think again. Furthering your education proves that you have a desire to learn more, and that you can set long term goals and follow through on them. Those pursuing graduate degrees (especially those doing so while they work) work very hard, and everything else being equal, the extra qualification could mean the difference between promotion and stagnation.  More »

Forum Energy Technologies, Quantum Energy buy tubing firm

Forum Energy Technologies and Quantum Energy Partners said Wednesday they had inked a deal to jointly buy Global Tubing from ARC Financial Corp. and a group of investors.  More »

Houston’s Wapiti Energy spends $375 million on producing properties

The majority of the properties are operated oil fields in Texas with long-lived proved reserves of 23.2 million barrels of oil equivalent.  More »

Private Sector Moving on Climate Change

  Yesterday, the Cooperative Institute for Climate and Satellites (CICS), in partnership with NOAA’s National Climate Data Center, took a major step in trying to transmit data on a changing climate to a high level business audience. (Pictured above, representatives from CICS, Duke Energy (including Heath Shuler), and the Center for Law Environment, Adaptation and […]  More »

EV Bamboozle

From the rubble of failed energy industrial policy initiatives—Solyndra, Fisker Motors, A123 battery for example—we are told by the mainstream media that there is a success to celebrate. Tesla Motors has seen its share price climb far faster than the market. Its Model S was named Motor Trend’s car of the year. And, there has […]  More »

BP to spend $1 billion in Alaska’s North Slope

The British oil giant plans to add two drilling rigs to its Prudhoe Bay field, bringing the count up to nine, the highest in about six years. New well work and drilling, along with upgrades of existing facilities, could support 200 new jobs, the company said.  More »
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