Light, sweet crude oil for June delivery gained slightly on the New York market Apr. 28 as did Brent crude oil on the London market. Source: News

The Turritella floating, production, storage and offloading vessel became the second FPSO moored in the US Gulf of Mexico (GOM) when Stones came on stream September 2016. Shell committed to developing Stones in May 2013, only 3 years after the 2010 Macondo well blowout, which resulted in a massive oil spill and subsequent US offshore […]

The UK Oil and Gas Authority’s (OGA) 29th Offshore Licensing Round was the first in 20 years to focus solely on frontier underexplored areas and included portions of the Rockall basin, Mid-North Sea High, and East Shetland platform. Source: News

Before the mid-2014 oil price decline, offshore exploration meant chasing barrels and finding giant fields, but many of them could not be developed due to spiraling costs. Source: News

Massachusetts’ two US senators asked the Federal Energy Regulatory Commission to revoke its Apr. 12 permission for Tennessee Gas Pipeline Co. (TGP) to begin construction of a natural gas pipeline project in the western Bay State until a rehearing can be held. Source: News

Market forces are driving increased use of natural gas to generate electricity because it will be a reliable and low-cost choice despite any Trump administration policy changes, a report commissioned by the Natural Gas Supply Association said. Source: News

The gas processing space was in the midst of a regional and structural shift when OGJ published its final worldwide gas processing survey in June 2015. Source: News

When political obsession steers decision-making about energy, consumers suffer. A new study by the US Chamber of Commerce’s Institute for 21st Century Energy (ITCE) estimates the economic consequences of politically motivated limits on energy transportation and economic activity thwarted by lawsuits and regulation in the US Northeast Source: News