HOUSTON -- BP has announced that Team RECon of the University of Michigan has won the firm’s Ultimate Field Trip (UFT) 2014 U.S. competition, designed to identify top students in the fields of science, technology, engineering and mathematics (STEM).
OTTAWA, Canada (Bloomberg) -- Canada will require railways shipping crude oil to use stronger tank cars and reduce the speed of trains carrying dangerous goods. The Canadian government will ban the “least crash-resistant” of tanker cars known as DOT-111s from carrying dangerous goods, Transport Minister Lisa Raitt said.
OKLAHOMA CITY, Oklahoma -- Gulfport Energy Corporation has announced that its Board of Directors has concluded its search for a CEO. Michael G. Moore has been promoted to CEO and has joined the company' s Board of Directors and J. Ross Kirtley has been promoted to COO. In addition, Michael S. Reddin has been appointed to the company' s Board of Directors.
TONBRIDGE, United Kingdom -- Jee Ltd has been awarded a contract in support of a $14,000 million seven-year development. The contract, with a major offshore pipelay and subsea construction company, is as a result of recent oil field operations in Canada.
HELSINKI, Finland (Bloomberg) -- Kemira Oyj, Europe’s largest supplier of water-treatment additives, appointed Tarjei Johansen from Schlumberger Ltd. to lead its oil and mining unit as the Finnish company seeks to boost work on U.S. shale projects.
LONDON -- BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50% interest in each of the Liberty and the Milne Point fields. The sale also includes BP’s interests in the oil and gas pipelines associated with these fields.
Halliburton to build drilling, testing and training facility in Texas CAMERON, Texas Halliburton reported plans for a drilling, testing and training facility near Cameron that will include testing and training wells, a workshop for tool preparation and inspection, offices, classrooms,
NEOS GeoSolutions appoints Global Sales VP HOUSTON, Texas NEOS GeoSolutions reported that it has appointed Larry Scott as VP of Global Sales. Larry will report to Chris Friedemann, EVP, Sales & Marketing and Chief Commercial Officer. Mr. Friedemann commented, “We
NEW YORK (Bloomberg) -- West Texas Intermediate oil dropped the most in more than three months, widening the discount to Brent, on projections that a government report will show U.S. crude stockpiles climbed last week. WTI fell as much as 2.4%.
OSLO and HOUSTON -- Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields.
Trendsetter Engineering promotes Ron Downing to President HOUSTON, Texas As part of its long term strategic vision of growth and innovation, Trendsetter Engineering, has promoted Ron Downing to the position of President. Downing assumes this responsibility from Mario Lugo who remains
Nebraska says Keystone route ruling should be overturned ANDREW HARRIS LINCOLN, Nebraska (Bloomberg) A court challenge holding up TransCanada’s Keystone XL pipeline should be dismissed, Nebraska’s governor said, urging his state’s high court to allow the project to move forward.
HOUSTON -- As Shell Eco-marathon Americas 2014 fast approaches, more than 1,000 innovative high school and university students from across the Americas are entrenched in efficiency tests, safety checks and practice runs to ensure their super-mileage vehicles are ready for the competition taking place in Houston April 25-27.
HOUSTON (Bloomberg) -- Dave Lesar sees better days ahead for Halliburton Co. in North America’s oversupplied fracing market. The more than two-year glut in pressure-pumping equipment used to shoot water, sand and chemicals underground to release trapped oil and natural gas is easing “much faster” than expected, the CEO said.
PARIS -- Veolia has been awarded the contract by Shell Canada to design and supply a water treatment facility to recycle the water used for steam generation at Shell’s Carmon Creek heavy oil project in Alberta, Canada.
NEW YORK (Bloomberg) -- The U.S. Supreme Court rejected Exxon Mobil Corp.’s appeal of a $105 million jury verdict it was ordered to pay for contaminating underground water in New York City with a gasoline additive.
HOUSTON (Bloomberg) -- Halliburton Co. expects to boost earnings per share in the second quarter by 25% as the world’s largest hydraulic fracturing service provider overcomes bad weather and lower pricing in North America.
LINCOLN, Nebraska (Bloomberg) -- The focus of the Keystone XL debate has shifted from a fierce lobbying war in Washington to Lincoln, Nebraska, where the state Supreme Court has been asked to weigh a legal challenge to the pipeline.
FORT MCMURRAY, Alberta -- Suncor Energy has reported an employee fatality at its oil sands site on Sunday, April 20, 2014.
Vanguard Energy reports sale of Batson Dome Field HOUSTON, Texas Vanguard Energy reported that it has entered into an agreement with an unrelated third party to sell all of Vanguard' s working interests and related equipment at its only operating field,