A focal point for oil and gas industry news. We originate our own content and spider the Web for the latest headlines and information, to deliver real time results of what's happening in oil_and_gas. Whether it be events or people making the news, individual company reports, industry association or government agency updates, analysis pr commentary, the latest information from credible, screened sources will be available right here. Keep in touch with current trends in oil_and_gas and abreast of the latest developments.
  • Permit clearances awaited for $1 bn Shell Arctic drilling plan

    Oil And Gas Industry News.Net

    WASHINGTON - Royal Dutch Shell is to spend $1 billion to drill exploratory oil wells in Arctic waters north of Alaska this year as long as it clears legal and permitting hurdles, a top official said, ...

  • Cutting costs, BP forges new alliances in Gulf of Mexico

    Oil And Gas Industry News.Net

    HOUSTON - British energy giant BP is forging a new ownership and operating model with Chevron and ConocoPhillips to bring two significant Paleogene discoveries closer to development and explore 24 ...

  • Shell inks deal to set up petrochemical complex in Iraq

    Oil And Gas Industry News.Net

    BAGHDAD - Royal Dutch Shell has entered into a heads of agreement (HoA) with Iraqi government to build a petrochemicals plant in the southern oil hub of Basra. Known as Nibras, the petrochemical ...

  • Shell Wants To Resume Arctic Drilling This Year

    Oil And Gas Industry News.Net

    Royal Dutch Shell says it wants to revive its Arctic oil-drilling program this year following a nearly two-year suspension. Shell CEO Ben van Beurden said in London on January 29 that his company ...

  • US Senate Approves Keystone Pipeline Project

    Oil And Gas Industry News.Net

    CAPITOL HILL - Despite a global oil glut, the U.S. Senate has voted 62-36 to approve construction of a controversial pipeline to transport Canadian crude to U.S. Gulf states. President Barack Obama ...

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