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Latest Petroleum industry Stories

2014-07-22 08:25:03

According to EY's Oil & Gas Center's US quarterly outlook HOUSTON, July 22, 2014 /PRNewswire/ -- Geopolitical unrest is impacting global oil markets, this time bringing a sigh of relief from North American unconventional oil producers. As the industry moved out of a relatively strong winter season, fears had been building in an already cash-strapped unconventional environment, that supply growth - not only from North America, but also in particular from Libya and Iraq - would put...

2014-07-22 04:20:44

PITTSBURGH, July 22, 2014 /PRNewswire/ -- Michael Vennum, a Partner in Burleson LLP's Pittsburgh office, will present Land Use Issues Related to Oil and Gas Development and the Impact of the Recent Robinson Township Decision at the Pennsylvania Bar Institute (PBI), the continuing education arm of the Pennsylvania Bar Association. http://photos.prnewswire.com/prnvar/20140721/129067 The session, which will be held on July 27, and again on July 30, from 9 a.m. to 1:15 p.m. at the PBI...

2014-07-09 08:22:56

TULSA, Okla. and HOUSTON, July 9, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") and Occidental Petroleum Corporation (NYSE: OXY) announced today that BridgeTex Pipeline has launched a supplemental open season for additional transportation commitments on the pipeline. Interested customers must submit binding commitments by 5:00 p.m. Central Time on August 7, 2014. Construction of the BridgeTex Pipeline commenced in November 2012 following an initial...

2014-06-30 08:23:17

LAFAYETTE, La., June 30, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) today announced that it has entered into an oil focused joint venture in Louisiana with Midstates Petroleum Company, Inc. (NYSE: MPO) (the "JV"). Under the terms of the JV, the Company has acquired a 50% interest in Midstates' Fleetwood project for an aggregate purchase price of $24 million. The purchase price is comprised of $10 million in cash ($3 million paid at closing and $7 million due in January...

2014-06-26 08:22:57

New Center Will Hire Local Engineering Talent to Further Strengthen its Oil and Gas Practice HOUSTON, June 26, 2014 /PRNewswire/ -- QuEST Global, a leading global engineering services provider, announced today the opening of a new engineering center in Houston, Texas. The center will provide engineering services and solutions for the upstream oil industry, equipment manufacturers and other oil and gas companies. The company has over 100 employees in the Houston area and plans to hire...

2014-06-08 12:20:28

DALLAS, June 8, 2014 /PRNewswire-iReach/ -- ReportsnReports.com adds "Iran Oil Gas Market Intelligence Report (Q2 2014)", "Iraq Oil Gas Market Intelligence Report (Q2 2014)", "Kuwait Oil Gas Market Intelligence Report (Q2 2014)", "Oman Oil Gas Market Intelligence Report (Q2 2014)" and "Qatar Oil Gas Market Intelligence Report (Q2 2014)" reports to its store. (Photo: http://photos.prnewswire.com/prnh/20140605/94754) These oil and gas reports are an initial guide, providing...

2014-05-30 00:20:53

LONDON, May 30, 2014 /PRNewswire/ -- The oil and gas industry's major project developers will be speaking at the Modular Construction & Prefabrication for Oil & Gas Summit, a two-day conference providing insight into all stages of modularization in large-scale capital projects within the hydrocarbons industry, from pre-FEED, through to onsite construction and commissioning. http://www.modconoilandgas.com/news The conference, hosted by Oil & Gas IQ - a...

2014-05-20 12:24:59

HOUSTON, May 20, 2014 /PRNewswire/ -- Bob Ballentine, a partner in Burleson LLP's Houston office and head of its midstream oil and gas practice, will speak on Wednesday, May 21 at the Texas Lawyer Energy Summit in Houston. http://photos.prnewswire.com/prnvar/20140520/89501 The event is designed to provide best practices to in-house counsel and private practice attorneys on a broad range of legal concerns impacting the energy industry. Mr. Ballentine's presentation is titled...

2014-05-08 16:29:50

DALLAS, May 8, 2014 /PRNewswire/ -- Silver Tusk Oil Company, LLC ("Silver Tusk") Managing Member, Paul Fenemore, is pleased to announce that Silver Tusk has recently acquired the Whelan Lease located in Marion County, Texas from Manziel Management Corporation et al. The 1,261 acre lease is located within the productive limits of the Vicki Lynn Field and the acquisition also includes a producing oil well and an operational salt water disposal well. Silver Tusk has recently...

2014-05-05 08:23:16

UMEC acquires substantial heating oil business previously owned by Direct Energy Business NEW YORK, May 5, 2014 /PRNewswire/ -- United Metro Energy Corp. (UMEC) of Brooklyn is positioned to become the largest supplier of heating oil and motor fuels in the New York City metropolitan area as result of a major acquisition. John A. Catsimatidis, Chairman and CEO of UMEC, announced today that UMEC has acquired the New York City heating oil business of Direct Energy Business, LLC. which...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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