#argentina Judge Orders Asset Seizure Of 5 Falklands O&G #companies #assets #businesstrends

The UK said Monday that any effort by Argentina to seize the assets of oil producers working in the disputed Falkland Islands would be illegal. The announcement comes two days…

My "Garth Brooks" Moment In A North Dakota Oilpatch #wesstjon #oilfieldcowboy #oilfield #music

When I was in Williston, North Dakota back in 2012, I visited about 60 drilling rigs. I really love going to the rigs and getting to meet the hands. My…

U.K. #shale Hits Another Roadblock After "Perverse" Decision #uk #drilling #completions #regulations

It has been a terrible week for the prospects of UK shale gas exploration. Last Thursday, UK officials rejected an application submitted by Cuadrilla Resources to frac for shale gas…

Private Companies Increasing #drilling Efforts #drill #projectmanagement #oilservicesequipment

For the first time this year, the active rig count has stayed the same week-over-week, remaining at 787 for the first 2 weeks of June, according to RigData’s RADAR Report.…

#petrobras Slashes Budget 40%, Introduces 5-Year Spending Plan Of $130bn #capex

Petrobras’ Board of Directors approved the company’s long-delayed 2015-2019 business plan on Friday the NOC said today. Total investments planned of $130.3bn are down approximately 40% vs. the prior 5-year…

The Most Important Stories In #business & Economics Today #finance

Early Monday in the US, global stocks are tumbling as the Greece crisis intensified over the weekend. The S&P 500 Index is indicated down 1.1% pre-market, while oil futures are…

Senior Iraqi Oil Official Killed In Kirkuk #iraq #violence #relationshipconflicts

Iraqi officials said that a senior oil official working for Iraq’s state-controlled North Oil Company was killed Sunday by gunmen in the northern city of Kirkuk, Reuters reported. Gunmen forced…