Friday, November 20, 2009 - Pemex said Friday its crude oil production averaged 2.61 million barrels a day during the January-October period, down 7.5% from the same period in 2008.

Friday, November 20, 2009 - Over the past 50 years, the U.S. oil and gas industry has developed innovative, 21st century technologies and exploration techniques that are efficient, pose little threat to the environment, and ensure worker safety.

Friday, November 20, 2009 - According to the RigLogix team, Cameron leads the pack of BOP companies with approximately 422 BOPs working on offshore rigs.

Friday, November 20, 2009 - The number of rigs drilling for oil in the U.S. climbed this week, but the gas rig total slipped as producers curbed output in response to low prices.

Friday, November 20, 2009 - Under pressure from a strengthening dollar and slide in equities, crude futures exited the December contract at $76.72 a barrel.

Friday, November 20, 2009 - Woodside remains on schedule to deliver first gas from Pluto at the end of 2010 and first liquefied natural gas in early 2011, but development costs will exceed the approved $11.2 billion.

Thursday, November 19, 2009 - Brazil's House of Representatives has approved a bill creating a new state-owned company that will manage all of the oil and gas exploration and production agreements in the pre-salt area under the new shared production model.

Thursday, November 19, 2009 - BP and ConocoPhillips have reduced their capital spending and developmental budgets for Alaska in 2010 because of higher costs to produce mature fields, disappointing exploratory results and the state's new tax regime, the companies said.

Thursday, November 19, 2009 - BP and AAR have announced the appointment of Maxim Barsky as TNK-BP's next CEO, effective January 1, 2010.

Thursday, November 19, 2009 - Russian President Vladimir Putin arrived in Ukraine for an official visit on Thursday, as energy officials from the two former Soviet republics signed a natural gas deal.

Thursday, November 19, 2009 - Shtokman, a natural gas field in Russia's Arctic waters that is one of the world's largest gas deposits, will start producing two years later than its planned launch date.

Thursday, November 19, 2009 - U.S. crude oil production for October averaged 5.36 million barrels per day, continuing at levels not seen since 2005, according to API's Monthly Statistical Report.

Thursday, November 19, 2009 - Wall Street succumbed to broader financial worries Thursday, spurring a dragdown in equities which sent crude spiraling toward the lower end of its trading range near $77 a barrel.

Wednesday, November 18, 2009 - Cameron has reached an agreement with the Department of Justice that will allow the Company to close on its previously announced acquisition of NATCO Group Inc.

Wednesday, November 18, 2009 - Energy forecasters increasingly predict slowing growth in global oil demand in the years ahead, but some OPEC nations are heading in the opposite direction and ramping up their capacity to pump oil.

Wednesday, November 18, 2009 - Energy consumers will benefit from greater competition and greater certainty over gas supply as a result of legislation passed today in Western Australia's State Parliament.

Wednesday, November 18, 2009 - Around 40 trillion cubic feet of natural gas are expected to be recovered from the Tupi, Iara and Guara oil discoveries offshore Brazil, a spokeswoman for BG Group said Wednesday.

Wednesday, November 18, 2009 - The Offshore Courageous, Scorpion's first jackup, has been named the Shell International E&P Jackup Rig of the Year.

Wednesday, November 18, 2009 - To strengthen the security of India's offshore oil and gas installations and prevent sabotage and terrorist attacks on them, the government is planning to extend the "safety zone" around the installations to 5 nautical miles.

Wednesday, November 18, 2009 - Under pressure during earlier trading, oil ultimately defied bearish underlying fundamentals to close higher after news of a slight decline in crude inventories and a drop in the greenback's value helped boost prices.

Tuesday, November 17, 2009 - CNPC will supply the bulk of equipment for the $15 billion redevelopment of the Rumaila field in Iraq.

Tuesday, November 17, 2009 - Defying a stronger dollar and other bearish underlying fundamentals that usually put pressure on the commodity market, crude futures remained above $79 a barrel Tuesday.

Tuesday, November 17, 2009 - Has the oil business slowed down in Oklahoma? Not so fast jumping to that conclusion. While there may be some pumps idled on the side of the road, that isn't a sign things are bad in the industry, said Enid oilman Lew Ward.

Tuesday, November 17, 2009 - Global oil productive capacity will grow though 2030 with no evidence of a peak of supply before that time, according to a new report by IHS Cambridge Energy Research Associates based on analysis of more than 10,000 projects around the globe.

Tuesday, November 17, 2009 - Not-quite-as-big oil doesn't sound as impressive as the industry's usual nickname. But Devon Energy is the latest energy producer to decide smaller is better, and with good reason.

Tuesday, November 17, 2009 - Sonangol and Petrobras have discovered oil at the Manganes-01 well in Block 18/06, located in Angola's deep waters.

Monday, November 16, 2009 - The Argentine government will soon announce a new program aimed at giving companies more incentive to explore and produce natural gas.

Monday, November 16, 2009 - Running up more than $2 today, oil closed at the higher end of its current trading range just under $79 a barrel, spurred by a surge in the equities market, as well as a weakened greenback.

Monday, November 16, 2009 - Royal Dutch Shell sees a bigger role for North and South America as it seeks to boost global output of oil and natural gas in coming years, said Marvin Odum, president of the company's U.S. division.

Monday, November 16, 2009 - Repsol is considering listing part of its Brazilian unit or seeking a partner to develop a series of new oil discoveries in a promising oil region in Brazil, Repsol Chairman Antonio Brufau said over the weekend.

Monday, November 16, 2009 - Devon Energy has unveiled its plan to strategically reposition Devon as a high-growth North American onshore company.

Monday, November 16, 2009 - Nigeria's main rebel group said it welcomed peace talks with President Umaru Yar'Adua to end a long-running conflict in the oil-producing Niger Delta.

Monday, November 16, 2009 - One person is dead after a work accident on board the Maersk Resolute drilling rig in the Nini East field.

Friday, November 13, 2009 - Oil giants ExxonMobil and Chevron are expected to inch up their capital spending in 2010 and continue their massive investments in major projects.

Friday, November 13, 2009 - Currently Eni has 10 rigs under contract -- one drillship, four jackups, and five semisubmersibles -- working in the Mediterranean Sea, off Brazil, off West Africa, in the North Sea, and in the Gulf of Mexico.

Friday, November 13, 2009 - China's robust economic recovery has assured oil supplies and investment from Saudi Aramco, the world's biggest oil producer, chief executive officer Khalid Al-Falih said Friday.

Friday, November 13, 2009 - Australia's oil and gas sector is bracing for industrial action against shipping companies servicing its offshore drill and production sites that could quickly cost the sector tens of millions of dollars.

Friday, November 13, 2009 - Asian governments need to act more aggressively to boost energy security, including making it easier to develop untapped gas deposits to prevent shortfalls.

Friday, November 13, 2009 - The MMS will offer nearly 36 million acres in the Central Gulf, which could produce up to 1.3 billion barrels of oil and 5.4 trillion cubic feet of natural gas.

Friday, November 13, 2009 - The number of rigs drilling for oil in the U.S. climbed this week, but the gas rig total slipped as producers curbed output in response to low prices.

Friday, November 13, 2009 - The price of oil was struck down to its lowest level in a month as fears that the economic recovery could be stunted took hold of the market Friday.

Thursday, November 12, 2009 - As the icy breeze of the global economic recession continues to whip around the energy industry, concerns are emerging about how well anchored the oil services sector is in the UK, particularly its heartland in northeast Scotland.

Thursday, November 12, 2009 - Oil prices settled at $76.94 on the NYMEX after reports announced energy consumption has dwindled. Moreover, natural gas gained momentum, making the fossil fuel burn bright on the commodity market.

Wednesday, November 11, 2009 - Oil companies are continuing to fly workers back to offshore installations in the Gulf of Mexico, but still-rough currents are causing some delay, potentially stretching returns into Thursday.

Wednesday, November 11, 2009 - Oil prices rebounded above $79 during choppy trading today on strong economic news from China, the world's second largest consumer. Additionally, natural gas futures recovered slightly from yesterday's steep sell-off.

Wednesday, November 11, 2009 - Mubadala Development Co. aims to operate 50% of its crude oil production in coming years and is moving ahead with plans to boost output at its major projects.

Wednesday, November 11, 2009 - ExxonMobil has joined a growing list of major energy companies looking to exploit an emerging source of natural gas once seen mainly as the bane of coal miners.

Wednesday, November 11, 2009 - Alaska received 93 bids for 80 tracts at its recent areawide North Slope oil and gas lease sale. The state received $8.5 million in apparent high bids, compared with $6.5 million in the areawide sale last year.

Wednesday, November 11, 2009 - A special committee in Brazil's lower house Wednesday approved a government plan for distribution of future royalties from the country's offshore subsalt oil reserves among Brazilian states and municipalities.

Tuesday, November 10, 2009 - Based on projections from the EIA November 2009 Short-Term Energy Outlook, members of OPEC could earn $576 billion of net oil export revenues in 2009 and $750 billion in 2010.