HOUSTON, July 14 07/14/2016 ByOGJ editors Marathon Oil Corp. has started natural gas production at its Alba B3 compression platform at the Alba gas and condensate field, 32 km offshore Malabo in the Gulf of Guinea. Production from the B3 platform allows Marathon Oil to convert 130 million boe of proved undeveloped reserves, more than... Read More

WASHINGTON, DC, May 2  05/02/2016 By Nick Snow OGJ Washington Editor       The Colorado Supreme Court overturned statutes that ban hydraulic fracturing in two communities along the state’s populous Front Range because they conflict with state law that authorizes the technology’s use. The May 2 decision is final because it resolves a state matter and cannot be appealed to a... Read More

HOUSTON, Jan. 26 01/26/2016 By Paula Dittrick OGJ Upstream Technology Editor       Light, sweet crude prices tumbled on the New York market Jan. 25 to settle above $30/bbl, giving up much of the gains from two previous trading sessions, and analysts blamed the price decline upon lingering concerns about an oversupplied world oil market. On Jan. 25, Saudi Aramco Chairman... Read More

Monday, January 04, 2016  Rigzone Staff This year will prove to be tough for the oil and gas industry in regard to jobs, hiring and CAPEX according to industry experts. Already a few days into the New Year, it’s fair to say oil and gas executives are more than ready to leave the low oil... Read More

11/06/2015 By OGJ editors US President Barack Obama announced his administration’s decision to reject TransCanada Corp.’s application for a permit to construct the controversial Keystone XL crude oil pipeline. “The State Department has decided that the Keystone XL pipeline will not serve the national interests of the United States. I agree with that decision,” Obama said. “The pipeline would... Read More