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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 »

Total CEO denies bribes were paid on Iranian gas contracts

Total SA Chief Executive Officer Christophe de Margerie, who may be put on trial in France for corruption related to Iranian contracts, denied the company paid bribes for the gas permits.  More »

NASA officials hail flyby asteroid’s potential for alternative energy, space exploration

A three-kilometer wide asteroid called QE2 will hurdle past Earth’s orbit at a close range tonight, but rather than spelling disaster, the deep space object may yield new impetus for space exploration and alternative sources of energy. Under close scientific observation with radar imagery since it was first identified in 1998, the flyby binary asteroid, […]  More »

Guest Comment: Aphrodite’s possibility: Everyone wins in the eastern Mediterranean

Two former U.S. ambassadors write about how a natural gas field 100 miles south of Cyprus could have benefits for Cyprus, Israel and Turkey.  More »

Tesoro to pay $1.1 million to resolve Clean Air violations

San Antonio-based refiner Tesoro Corp. has agreed to pay $1.1 million to resolve claims that it failed to comply with Clean Air Act requirements at four refineries, the U.S. Environmental Protection Agency said Thursday.  More »
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