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Tag Archives: Oil

Guyana: Exxon appraisal well finds large oil, gas deposits

GEORGETOWN, Guyana (AP) — Officials in the South American country of Guyana say Exxon Mobil has found large deposits of oil and gas in a recently drilled appraisal well. Energy Minister Raphael Trotman told The Associated Press on Monday that the company will drill another well in upcoming months. Officials have said Exxon Mobil previously drilled another well last year ...

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Shell to end longtime sponsorship with Houston Open

Houston Open, Shell

HOUSTON (AP) — Shell Oil Co. has decided not to extend its title sponsorship of the Houston Open after next year, ending the third-longest running title sponsorship on the PGA Tour. Steve Timms, president and chief executive of the Houston Golf Association, said Shell’s decision to leave after 2017 was a function of its business environment and that the company ...

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Global stocks slide amid concerns about world economy

MANILA, Philippines (AP) — Global stocks fell on Thursday as investors worried about the health of the global economy given the Federal Reserve’s cautious stance about raising its interest rates. Financial markets were closed for holidays in China, Hong Kong and Taiwan. KEEPING SCORE: In Europe, Britain’s FTSE 100 slid 0.9 percent at 6,248 and Germany’s DAX fell 1.2 percent ...

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Burgum’s business background promises prosperity for North Dakota

Doug Burgum

Doug Burgum’s commitment to community is moving statewide. The Fargo-based entrepreneur and philanthropist is running for North Dakota governor and promises to create an environment that’s welcoming to business. One area he will focus on is the energy industry. “Growing up, I was told we were going to run out of oil,” Burgum said. “There was an oil crisis shortly ...

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Trump addresses energy policy at North Dakota oil expo

Trump, energy, plan, oil, North Dakota

Donald Trump’s speech on energy policy electrified the crowd Thursday at the Williston Basin Petroleum Conference in Bismarck, North Dakota. Trump’s message was simple: America first. “America’s incredible energy potential remains untapped,” Trump said. “Under my presidency, we’ll accomplish a complete American energy independence.” In front of about 7,000 people, Trump outlined an energy plan that promotes oil, natural gas ...

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Hydraulic fracturing rule in hands of federal judge in Wyoming

Hydraulic fracturing rule in hands of federal judge in Wyoming

CHEYENNE, Wyo. (AP) — The future of federal rules aimed at protecting land, water and wildlife from energy-production practices including hydraulic fracturing now rests with a judge in Wyoming. U.S. District Judge Scott Skavdahl last year blocked implementation of rules drafted by the U.S. Bureau of Land Management. He acted in response to a legal challenge from the states of ...

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Texas Oil & Gas Magazine announces networking mixer in collaboration with Peli Peli Galleria, The Zapata Group

Texas Oil & Gas Magazine announces networking mixer in collaboration with Peli Peli Galleria, The Zapata Group

Houston – Texas Oil & Gas Magazine CEO & Founder, Jennifer Harvey-Larivey announces the Texas Oil & Gas Magazine and The Zapata Group OTC Networking Mixer to be held at Peli Peli Galleria at 6:30 p.m. on Wednesday, May 4. This exciting evening of entertainment by DJ JKB, networking, revenue creating connections, and celebration of the petroleum industry will be ...

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