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The Texas Railroad Commission (RRC) finds itself at the center of the global policy for balancing the oil production with the current consumption as the only legal authority in US having the power to regulate Texas production. Without an agreement among the US producers in Texas, the global price war with Saudi Arabia and Russia will continue until one of the player is giving up the game. But can the RRC really do it?

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Anadarko to complete Shenandoah appraisal program The Texas-based Anadarko Petroleum Corporation (Anadarko) and its partners, ConocoPhillips, Cobalt International Energy (Cobalt) and Marathon Petroleum Corporation (Marathon), implement their appraisal program for the Shenandoah offshore project in the US Gulf of Mexico. Discovered in 2009, the Shenandoah crude oil field belongs to Blocks 51 and 52 in […]

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Enbridge to connect 11 oil sands projects to Edmonton The Calgary-based midstream company Enbridge Inc. (Enbridge) has decided to merge the Athabasca Twin Pipeline project with the Wood Buffalo Extension Pipeline  project as part of its Regional Oil Sands System across the Province of Alberta in western Canada. Originally Enbridge had announced to proceed with these two pipelines […]

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BP to consider Clair Phase-3 as stand alone project The UK super major BP and its partners, Royal Dutch Shell (Shell), ConocoPhillips and Chevron, are getting now a better picture of the giant Clair reservoir to the point to prepare Greater Clair as the third phase of development in the West Shetland waters of the […]

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Malaysia Key Projects and Business highlights  On the first half  2013, Malaysia confirmed the previous trends to become a key players of the Oil &  Gas and Petrochemical sector in Asia-Pacific region with Petrolian Nasional Bhd (Petronas) multiplying upstream and downstream initiatives with major international oil companies such as: Basf, ConocoPhillips, Murphy Oil Corporation (Murphy), Shell or Total. With […]

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