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Offshore B.C. students struggle to pass English

“Offshore” students at the dozens of overseas B.C.- certified schools are struggling to achieve passing grades in English learning, but that’s to be expected, according to the Ministry of Education.

October 15, 2014 - 7:52 pm Energy RSS, Offshore

Crude oil prices continue slide. Who wins? Who loses? (+video)

Plummeting crude oil prices are good news for US motorists, who are seeing the lowest prices at the pump since 2011. But low crude oil prices could create budget shortfalls in mega-producers like Saudi Arabia and Russia – countries that …

October 15, 2014 - 7:35 pm Energy RSS

‘Fracking boom could fuel increase in emissions’

FRACKING will not stop ­climate change and could lead to 11 per cent higher greenhouse gas emissions by 2050, some of the world’s top scientists have warned.

October 15, 2014 - 7:12 pm Energy RSS, Fracing
Petrobras at a Crossroads: Production Rising, but Will Brazil’s Election Slam on the Brakes?

Petrobras at a Crossroads: Production Rising, but Will Brazil’s Election Slam on the Brakes?

Petrobras (ticker: PBR) announced production for the month of September 2014 increased 0.8% compared to August 2014. Rates totaled 2,781 MBOEPD, up from the previous month’s volume of 2,759 MBOEPD. The increase comes despite a temporary interruption of 44 MBOPD …

October 15, 2014 - 7:00 pm International, Oil and Gas 360 Articles
Bam! It’s Earnings Season Again – Q3’14 Estimates

Bam! It’s Earnings Season Again – Q3’14 Estimates

EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 196 E&P and OilService companies in our database.

Click here for the full chart of estimates. 

The median OilServices company earnings …

October 15, 2014 - 6:51 pm Analytics, Earnings, Oil and Gas 360 Articles
Five Hein & Associates Partners Win “Who’s Who in Energy” Honors

Five Hein & Associates Partners Win “Who’s Who in Energy” Honors

Hein & Associates LLPHein & Associates LLP, a lead accounting and advisory firm with offices in Dallas, Denver, Houston and Orange County, announced five partners have been named to American City Business Journals’ “Who’s Who in Energy” list for 2014. The partners who …

October 15, 2014 - 5:19 pm Oil and Gas 360 Articles

Why the Permian Basin is important to US oil

Currently, there are 1,609 oil rigs at work in the U.S. The majority of the rigs, roughly 560, are in the Permian Basin.

October 15, 2014 - 5:00 pm Energy RSS

Crude oil prices continue slide. Who wins? Who loses?

Plummeting crude oil prices are good news for US motorists, who are seeing the lowest prices at the pump since 2011. But low crude oil prices could create budget shortfalls in mega-producers like Saudi Arabia and Russia – countries that …

October 15, 2014 - 4:49 pm Energy RSS

SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend

SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend

October 15, 2014 - 4:15 pm 360 Company Releases

As oil prices fall, which leaders rise?

When world oil prices fall fast and far – as they have since June by more than 20 percent – the effect is often met with jubilation or tribulation. Consumers rejoice. But oil producers retrench.

October 15, 2014 - 4:12 pm Energy RSS

EV Energy Partners Announces Closing of Eagle Ford Formation Rights Divestiture

HOUSTON, Oct. 15, 2014 /PRNewswire/ — EV Energy Partners, L.P. (NASDAQ: EVEP) announced that it, along with certain institutional partnerships managed by EnerVest, Ltd., has closed the previously announced …

October 15, 2014 - 4:05 pm Energy RSS

Magnum Hunter Resources Closes on the Previously Announced Definitive Agreement to Sell Certain Non-Core Assets Located in Divide County, North Dakota

Magnum Hunter Resources Closes on the Previously Announced Definitive Agreement to Sell Certain Non-Core Assets Located in Divide County, North Dakota

October 15, 2014 - 4:01 pm 360 Company Releases

Hornbeck Offshore Announces Third Quarter 2014 Earnings Release And Conference Call Schedule

COVINGTON, La., Oct. 15, 2014 /PRNewswire/ — Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it will release its third quarter 2014 financial results after the market closes on Wednesday, …

October 15, 2014 - 4:01 pm Energy RSS, Offshore

Crude oil prices keep falling. But oil production just gets more expensive.

Crude oil prices continue to drop to multiyear lows, but the cost of extracting the crude continues to rise. The Kashagan oil field in Kazakhstan is a case study in cost overruns made only more painful by falling crude oil …

October 15, 2014 - 3:20 pm Energy RSS

Oil Drop Makes Drillers Own Worst Enemy; Gas Offers Haven

Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. Close Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota.

October 15, 2014 - 2:59 pm Energy RSS

Oil prices keep falling. But producing crude just gets more expensive.

Oil prices continue to drop to multiyear lows, but the cost of extracting the crude continues to rise. The Kashagan oil field in Kazakhstan is a case study in cost overruns made only more painful by falling oil prices. 

October 15, 2014 - 1:49 pm Energy RSS

Oil Drop Makes Drillers Own Worst Enemy; Gas Offers Haven

At the same time, as crude prices approach four-year lows, natural gas companies are experiencing a reversal of fortune after having been shunned by many investors when a supply glut drove the fuel to a decade-low. Gas producers are now …

October 15, 2014 - 1:42 pm Energy RSS

Fracking firm lodging appeal after council rejects its planning application

West Sussex county council refused application by Celtique Energie for oil and gas exploration near South Downs national park A fracking company is lodging an appeal against a county council decision to refuse it permission to explore for oil and …

October 15, 2014 - 1:06 pm Energy RSS, Fracing

Oil prices keep sliding. But extracting crude just gets pricier.

Oil prices continue to drop to multiyear lows, but the cost of extracting the crude continues to rise. The Kashagan oil field in Kazakhstan is a case study in cost overruns made only more painful by falling oil prices. 

October 15, 2014 - 12:50 pm Energy RSS

OPEC Finds U.S. Shale Harder to Crack as Rout Deepens

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. The Organization of Petroleum Exporting Countries boosted output by the most in 13 months in September, even as …

October 15, 2014 - 12:38 pm Energy RSS

Oil prices hit new depths on oversupply

London (AFP) – Oil prices reached new multi-year low points Wednesday owing to a supply glut and weak global demand, before clawing back some ground as poor US retail data pressured the dollar.

October 15, 2014 - 12:21 pm Energy RSS

Putin Loses His Best Friend: Expensive Oil

The decline in oil prices may be depriving Russian President Vladimir Putin of his biggest ally. Oil has been the key to Putin's grip on power since he took over from Boris Yeltsin in 2000, fueling a booming economy that …

October 15, 2014 - 12:05 pm Energy RSS

Bakken: Slumping Oil Prices Will Impact Investments in 2015

Bakken: Slumping Oil Prices Will Impact Investments in 2015

October 15, 2014 - 12:04 pm Energy RSS

SE Illinois pro-fracking coalition holds meeting in White Co.

A grassroots pro-fracking coalition met with landowners and politicians Tuesday night in Carmi, Illinois. 

October 15, 2014 - 11:53 am Energy RSS, Fracing

Offshore Wind Power Can Save US Billions On Electricity, Recent DOE Study Finds

Offshore wind power isn’t usually associated with lower-cost energy, at least not in the public imagination. But it turns out that installing 54 gigawatts of offshore wind power off America’s coasts can cut the cost of electricity in the U.S. …

October 15, 2014 - 11:38 am Energy RSS, Offshore

US bid for oil supremacy shakes crude market

New York (AFP) – Propelled by surging shale output, the United States is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.

October 15, 2014 - 11:03 am Energy RSS

Doggers overpowered by Niobrara County

LUSK – The No. 3-ranked Lingle-Fort Laramie (LFL) Doggers fell from the ranks of the unbeaten in Friday night’s 55-13 loss to the Niobrara County Tigers.

October 15, 2014 - 10:57 am Energy RSS

Oil stocks slip, but do better than wider markets

The S&P 500 Energy Sector was down a little less than the broader S&P 500 Index on Wednesday, and both were off earlier lows.

October 15, 2014 - 10:30 am Energy RSS

Oil-related stocks take a hit too

The S&P 500 Energy Sector was down a little less than the broader S&P 500 Index on Wednesday.

October 15, 2014 - 10:28 am Energy RSS

Senegal to award two offshore oil licences by year-end -Petrosen

DAKAR (Reuters) – Senegal will award exploration licences for two offshore oil blocks by the end of the year, the head of state-run hydrocarbons corporation Petrosen said on Wednesday. The announcement comes days after Cairn Energy announced it had made …

October 15, 2014 - 10:09 am Energy RSS, Offshore