(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil gets consent for $7 billion Mariner development plan

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Statoil ASA, Norway’s biggest oil and gas producer, got approval from the U.K. government for its plan for the Mariner project, the largest offshore development in the U.K.’s North Sea in more than a decade.
Categories: Crude oil, Deals, Natural gas
(HerryLawford/Flickr)

Brazil may receive spot LNG from U.S. as ship arrives at Pecem

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Petroleo Brasileiro SA may receive a spot cargo of liquefied natural gas from the U.S. today, according to ship-tracking data.
Categories: LNG, Natural gas
Apache operations complete a well in the Liard Basin in northern British Columbia, Canada. (PRNewsFoto/Apache Corporation)

Apache plans $2 billion of asset sales after buying spree

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Apache Corp., the fourth-largest U.S. independent oil and natural gas producer by market value, plans to sell assets worth about $2 billion after a three-year buying spree expanded the company’s holdings and its debt.
Categories: Crude oil, Deals, Natural gas
(AP Photo/Ed Andrieski)

Judge: BLM must disclose oil, gas firms’ names

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A federal judge is reversing a 1995 policy and ordering the Bureau of Land Management to disclose who nominates parcels for the federal government to be leased for oil and gas development.
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Apache earnings drop 44 percent for 4Q

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Apache Corp. has been hit hard by the downturn in natural gas drilling in North America, as lower margins and increased costs drove down earnings for 2012.
One of EnCana's SAGD oilsands operations located near Christina Lake.

Encana reports narrower fourth-quarter loss

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Encana Corp., Canada’s biggest natural gas producer, reported a narrower fourth-quarter loss as the company seeks to boost output of oil and natural gas liquids.
Categories: Natural gas
Anadarko Petroleum Corp. drills a series of wells on a pad on a Weld County farm near Mead, Colo. in the northeastern part of the state. (AP Photo/Ed Andrieski, File)

Fracking threatens OPEC as U.S. output at 20-year high

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A surge in oil production has pushed U.S. output to the highest level since 1992, a trend expected to further reduce the nation’s reliance on the Organization of Petroleum Exporting Countries.
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

N. Dakota Senate snuffs natural gas flaring bill

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The North Dakota Senate snuffed out a measure Wednesday aimed at curbing the oil industry’s practice of wasting natural gas as an unwanted byproduct of oil production.
FMC Technologies' subsea equipment has helped fuel the company's growth. (Photo: Johnny Hanson/Houston Chronicle)

Subsea business fuels FMC profit growth in 2012

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FMC Technologies earned $1.2 billion in revenue for subsea technology, a 28 percent increase from the prior year quarter.

Natural Gas to Cyprus

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The news of the Cyprus Public Natural Gas Agency, DEFA’s recent decision to include only LNG strategies and exclude CNG technologies from further negotiations for the interim delivery of natural gas to that country is shocking, illogical to the extreme, almost insulting to the intelligence of the people.
Categories: Natural gas