US | Egypt Oil & Gas - Part 20

US to Offer Over 41 Million Exploration Acres in Gulf of Mexico

As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Manageme ...

BHP Billiton to Lower Shale Rigs in US by 40%

In response to lower oil prices, BHP Billiton will reduce its US shale drilling spending by reducing the number of rigs by 40%.

US Congress Passes Natural Gas Exports Bill

The Republican-controlled U.S. House has passed a bill aimed at expediting approvals of natural gas exports.

Phillips 66 Gets Approval for California Refinery Project

The governing board of California’s Contra Costa County has approved a permit for Phillips 66 to move forward with a proposed project that would enable enhanced recovery of marketable propane and butane at the Rodeo ...

Texas Startup Plans $2 Billion Louisiana LNG Plant

A Texas startup plans a $2 billion natural gas liquification plant and export terminal near Lake Charles, Gov. Bobby Jindal said Tuesday.

Southwestern Energy Acquires Interest in Statoil Unconventional Oil Asset

Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% ...

US Oil Workers go on Strike

US union leaders have launched a large-scale strike at nine refineries after failing to agree on a new national contract with major oil companies.

Chevron Allocates $35 Billion for 2015 Capital and Investment Program

Chevron Corp. will allocate $35 billion in its capital and exploratory investment program for 2015, including $4 billion of planned expenditures by affiliates that do not require cash outlays by Chevron.

US Senate Approves Keystone XL Pipeline

The US Senate has passed a bill approving construction of the proposed Keystone XL crude oil pipeline by a 62-36 vote after 3 weeks of debate.

McDermott Completes Platform with Record Lift in Gulf of Mexico

McDermott International Inc.’s Derrick Barge 50 recently completed the installation of a drilling and production platform in the US Gulf of Mexico continental shelf that included the heavy lift of a 3,250-ton jacket.

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