Shell CEO criticizes Gulf spill 10/17/2010
The head of Royal Dutch Shell says that his company would never have made the mistakes that led to BP's devastating Gulf of Mexico oil spill. But Shell CEO Peter Voser acknowledges that the industry...

Arctic Directory: PND Engineers, efficient designs saving time and money for clients 09/19/2010
Striving to provide innovative solutions in the Arctic sets PND apart from the rest
Q. What do you most want people to know about your company? A. Clients look to PND for our innovation and out-of-the-box thinking. PND prides itself in being at the forefront of technology and we ar...

Cashing in on tragedy 07/11/2010
Single-hull tankers carry Siberia crude to US; Russians hope to replace Alaska oil
The actions of the Obama administration to halt all offshore Alaska drilling and deepwater drilling in the Gulf of Mexico as it tightens regulations for the oil and gas industry is bolstering the pros...

IEA: OPEC had 1st drop in output in a year 04/18/2010
Recovery in the world's biggest economies could be jeopardized if crude oil prices stay over $80 per barrel, the International Energy Agency said April 13. The IEA also reported that OPEC posted the...

'Coots' Matthews, famed firefighter, dies 04/11/2010
Edward "Coots" Matthews, a famed oil well firefighter and part of a trio who inspired the 1968 movie "Hellfighters" starring John Wayne, has died. He was 86. Matthews and Asger "Boots" Hansen co-foun...

Mining News: Movie gives industry a big black eye 01/17/2010
James Cameron's 'Avatar' exploits outdated stereotype; gifted earth scientists and engineers lead most successful mining companies
I must join what appears to be a growing parade of voices criticizing some aspect of the mega-blockbuster sci-fi movie, Avatar, and add my two cents. Critics have complained about the movie's story l...

Iraqi Cabinet OKs Exxon-Shell deal 11/15/2009
Iraq's government approved a major oil deal with a consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC to develop a prized oil field in the country's south, th...

Koreans stun Canadian oil patch 11/01/2009
State-run KNOC offers premium for Harvest Energy Trust holdings in search for energy security; bolsters chances of new sands market
South Korea's state-run Korea National Oil Corp. has taken a headlong plunge into Canada's energy sector in a highly complex move that is causing widespread head scratching within the industry. The mo...

Military largest U.S. energy consumer 10/18/2009
Study by retired officers highlights impacts of climate change, energy choices on military; nation's aging electric grid a big issue
Energy is a crucial issue for the U.S. military and a recent study by retired senior military officers concluded that fossil fuel dependence and a fragile national electric grid are threats to U.S. mi...

Campbell backs renewable energy in state 09/27/2009
Visits Unalakleet wind project with Vermont's lieutenant governor; six 100-kilowatt Vermont wind turbines being installed there
Alaska Lt. Gov. Craig Campbell affirmed the Parnell administration's commitment to renewable energy at a forum in Fairbanks on September 17. "The bottom line is we face a bright future with an aggres...

OPEC leaves crude oil targets unchanged 09/13/2009
OPEC on Sept. 10 decided to leave its production quotas unchanged, opting to take a cautious approach in a market awash in crude and a global economy still in the early stages of recovery. The 12-nati...

China leads energy spurt 06/21/2009
BP Review outlines unprecedented shift in global demand for fossil fuels in 2008 toward emerging nations of Asia-Pacific region; gas growth slows
Unprecedented turbulence in world energy markets in 2008 may have overshadowed a less dramatic but perhaps equally profound development in implications for the long term. For the first time ever, the...

Home refining causes fires, explosions 05/31/2009
Fire officials warn of dangers, consider new restrictions after incidents in Washington, Arizona, Colorado, Massachusetts, Oregon
Trying to live green and beat high gasoline prices, some enterprising Americans are turning cooking oil into biodiesel in their garages. Problem is, some of these do-it-yourselfers are burning down th...

Talisman to spend $8M in Alaska in '09 03/15/2009
Spending focused on finding prospects in NPR-A, announcement follows major seismic shoot in 2008, no plans to drill this year
Despite a decision not to drill until at least 2011, Talisman Energy Inc. plans to spend $8 million in Alaska this year "on identifying prospects and leads," part of a $660 million exploration program...

Oil Patch Insider 03/15/2009
Oklahoma's not doin' fine -OK? ANGDA pondering life after Harold? Yes, Isenberg's optimistic and ExxonMobil is spending more money, not less
Harold Hamm has locked horns with Mexico, Venezuela, Saudi Arabia and Iraq. Now he's doing battle with Canada. The U.S. producer is heading up a group of Oklahoma oilmen, operating under the name Dome...

Foreign legion in retreat 03/08/2009
Canadian-based companies experience more downs than ups in overseas plays; can't negotiate financing to develop strong prospects
Whether they have been looking for a way to hedge their bets, or using the Maple Leaf as a flag of convenience, Canadian-based companies operating outside of North America have found their foreign adv...

Oil prices surge on falling inventories 02/22/2009
Weaker dollar also supports prices; EIA says crude stocks down 200,000 barrels - analysts had expected 3.5 million barrel growth
Oil prices jumped Feb. 19 as new government data showed oil inventories fell unexpectedly. Light, sweet crude for April delivery rose $1.83 to $39.24 on the New York Mercantile Exchange. The vast majo...