Oil & gas news

Luay Al-Khatteeb of the Brookings Institution presents an alternative theory in the global debate over falling oil prices.

According to the US EIA, colder weather has driven up the forecast of 2014 energy related carbon dioxide emissions 1.1% above the 2013 level.

Continental Resources has formed a joint venture to develop a portion of its Northwest Cana Woodford assets in Oklahoma.

The second annual Southwest Oil & Gas Awards was held in Dallas, Texas, on October 23.

BW Offshore has chosen DNV GL to provide classification services for the Catcher FPSO being deployed in the UK North Sea.

Petrofac has secured a second contract extension from South Oil Company for support on its Iraq project.

The KONGSBERG MBR system enables high speed and robust data, voice and video transfer between multiple vessels and other assets.

The two new products were announced at the SEG International Exposition and 84th Annual Meeting.

SIGMA Cubed has introduced a new velocity modeling solution and advanced processing methods to improve confidence in microseismic expressions.

Pacific Rubiales has announced an update of its exploration activities in Colombia, Peru and Brazil for the first nine months of 2014.