Schlumberger has given the University of New Orleans a three-year license for oil and gas exploration software, the global oilfield services company saying it wants to give UNO's earth sciences students some help, The Times-Picayune reports.
The major concern for the world's top oil company executives, gathered in Houston for the CERAWeek conference this week, appeared to be the soaring costs of exploration and production, The Wall Street Journal reports.
Oil companies aren't publishing all of the information they should in the FracFocus registry, according to a draft report by an Energy Department advisory panel, which also found errors in some of the data, FuelFix reports.
JACKSON, Miss. (AP) — Gov, Phil Bryant and others are extolling Mississippi as a national leader in using carbon dioxide to extract more oil from old oil fields.
Officials from elsewhere gathered Thursday in Jackson to discuss expanding what's called enhanced oil recovery. Proponents say it could be a way to increase oil production while at the same time storing carbon dioxide underground, mitigating global warming.
A majority Mississippi oil production today comes from using carbon dioxide in older fields, driven by an underground carbon dioxide source called the Jackson Dome, which is piped to fields.
CHEBOYGAN, Mich. (AP) — Michigan Attorney General Bill Schuette said Wednesday that he has filed criminal charges against Chesapeake Energy Corp. and Encana Corp., accusing them of colluding to avoid bidding against each other for Michigan oil and gas leases.
Schuette said the antitrust violations happened in 2010, when Oklahoma City-based Chesapeake and Calgary, Alberta-based Encana bought natural gas leases in Michigan.
"I will aggressively prosecute any company who conspires to break the law," he said.
Egypt and Jordan have expressed interest in buying natural gas from Cyprus, the country’s energy minister Yiorgos Lakkotrypis said Thursday, ahead of the beginning of exploratory offshore drilling by an international consortium in a field controlled by Noble Energy and Israeli partners, The Associated Press reports.
Bakken Shale giant Continental – with Jack Stark newly promoted as president and COO -- told analysts Thursday that the South Central Oklahoma Oil Play, or SCOOP, could hold as much as 3.6 billion barrels of oil and gas equivalent, The Financial Times reports.
A report from the New York Independent System Operator says distributed generation could ease potential electricity shortfalls predicted to hit southeastern New York in 2019, a year earlier than previous projections had indicated, according to Platts.
The Senate, on a voice vote, has confirmed Elizabeth Sherwood-Randall to become Deputy Energy Secretary, the number two slot in the department, replacing the departing Daniel Poneman, The Hill reports.
Fifty fellow Democrats support his bid to become the ranking member on the House Energy and Commerce Committee, according to a letter released by N.J. Rep. Frank Pallone Thursday, while House Minority Leader Rep. Nancy Pelosi has released a letter reiterating her support for his rival, fellow Californian Rep. Anna Eshoo, The Hill reports.
Institutional investors handling $24 trillion in assets – more than 340 of them – say leaders attending the U.N. climate summit next week should encourage cleaner energy through carbon taxes or cap-and-trade policies, Reuters reports, and the groups leading the call have elaborated in a report.
The Department of Housing and Urban Development has a $1 billion pot to be split among communities that come up with the best ideas to handle damage from extreme weather in the National Disaster Resilience Competition, E&E reports.
From its present estimate of $5.4 billion, the cost of building the long-delayed Keystone XL pipeline could end up at $10 billion, CEO Russ Girling told The Wall Street Journal in an interview, six years after the company first submitted its permit application for the project.
If Republicans win control of the Senate in November elections, Sen. Mitch McConnell, R-Ky., who’d be in line to become Majority Leader, has promised “the Keystone pipeline will be voted on the floor,” The Hill reports.