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North Sea drilling halves as oil and gas firms feel heat

Published July 9, 2009, 4:01 pm, The Herald

There was further evidence of the toll that the fall in oil prices has taken on the North Sea in a report that showed that drilling activity has dropped by more than half since last year.

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Production starts at Tyrihans field

Published July 9, 2009, 9:44 am, UPI

OSLO, Norway, July 9 (UPI) -- French energy giant Total announced production started at its offshore Tyrihans oil and gas field in the Norwegian Sea, the largest such effort for 2009.

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Northern Petroleum Encouraged by Grolloo Gas Flow

Published July 9, 2009, 7:08 am, Rigzone

A maximum gas flow rate of 16 million standard cubic feet per day (MMSCFD) has been measured by Northern Petroleum Nederland B.V. (NPN) at its Grolloo gas field in the Drenthe IV license.

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Premier Oil sees production rise in H1

Published July 9, 2009, 2:35 am, Tiscali

LONDON (Reuters) - Premier Oil said on Thursday its estimated daily average production for the first half climbed 4.5 percent, helped by the acquisition of the North Sea unit of Oilexco Inc .

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StatoilHydro: Thunder Hawk Field On Stream

Published July 9, 2009, 12:22 am, Nasdaq

StatoilHyrdo Thursday said on July 8 the StatoilHydro Houston subsidiary received first oil and gas from the Murphy Oil-operated Thunder Hawk field in the U.S. Gulf of Mexico.

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Grolloo Gas Field Flow Test Encouraging

Published July 8, 2009, 11:39 pm, Marketwire

Embargoed for release: 0730 on 9 July 2009 Northern Petroleum Plc Grolloo Gas Field Flow Test Encouraging A maximum gas flow rate of 16 million standard cubic feet per day (MMSCFD) has been measured by Northern Petroleum Nederland B.V. (NPN) at its Grolloo gas field in the Drenthe IV licence. "If we were to assume a flow rate of 10 MMSCFD that would, based on a forecast gas price of 0.20 per ...

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ArtsBeat: Latest Updates From the Jackson Memorial

Published July 7, 2009, 9:24 am, International Herald Tribune

“Being judged, being ridiculed — how much pain can you take?” said a tearful Marlon Jackson.

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Jordan seeks oil riches from shale deposits

Published July 7, 2009, 12:09 am, Zawya

Oil wealth can be a mixed blessing. Too much black gold tends to crowd out other sectors of the economy by boosting exchange rates and the "unearned" income it provides can encourage dependency among some sectors of society.

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Nigeria: This So-Called Subsidy

Published July 6, 2009, 4:50 am, AllAfrica.com

Ajaokuta — Successive Nigerian governments since the mid-1970s have been advocating and implementing 'appropriate pricing' of petroleum products, which is a euphemism for price hike and oil subsidy removal.

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Russian 2009 Oil Output May Fall 0.9%, Bernstein Says (Update1)

Published July 6, 2009, 2:45 am, Bloomberg

July 6 (Bloomberg) -- Russian oil production is likely to fall 0.9 percent this year from last year’s average of 9.78 million barrels a day amid declining drilling, Sanford C.

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