Resumption of oil and gas geological and geophysical (G&G) data gathering on the US Mid-Atlantic Outer Continental Shelf after more than 30 years would help advance scientific knowledge as well as identify and determine the value of potential resources there, US Bureau of Ocean Energy Management Acting Director Walter D. Cruikshank told one US House […]

PTTEP Australasia (Ashmore Cartier) Pty. Ltd., a wholly owned subsidiary of PTT Exploration & Production PCL, reported making a natural gas and condensate discovery with its Orchid-1 well, the first exploration well drilled in permit AC/P54 in the Timor Sea offshore Australia. Source: News

The US drilling rig count is down 11 units to 1,027 rigs working for the week ended Mar. 8, according to Baker Hughes data. The count is up 43 units from the 984 rigs working this time a year ago. With an 11-unit loss week-over-week, 1,004 rigs are drilling on land. The number of rigs […]

Williams Cos. Inc., Tulsa, has launched a binding open season for Regional Energy Access, an incremental expansion of the Transco natural gas pipeline, that will serve the US Northeast as early as November 2022. The open season runs to Apr. 8. Source: News

Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry. Source: News

With Iowa caucuses less than a year away, presidential hopefuls from both political parties are busy kissing the ethanol baby.   Source: News

Light, sweet crude oil prices gained on the New York market Mar. 7 as did Brent crude oil prices in London despite indicators of weakening world economic growth. The European Central Bank cut its 2019 growth forecast to 1.1% from 1.7%. Previously, the Organization for Economic Cooperation and Development downgraded its growth forecasts for the […]

Gary E. Gould will join EQT Corp., Pittsburgh, as executive vice-president and chief operating officer in April. Source: News

The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast, according to Rystad Energy. The US Energy Information Administration reported last week that US exported more crude and petroleum products than […]

India’s first East Coast regas project, Ennore LNG terminal, was commissioned by Indian Oil Corp. Ltd. (IOC). IOC, through its joint venture company Indian Oil LNG Pvt. Ltd., set up the 5-million tonne/year capacity LNG import terminal at Kamarajar Port, Ennore. Source: News