Scott Pruitt: EPA Can Also Be Pro-Jobs

"I believe that we as an agency, and we as a nation, can be both pro-energy and jobs, and pro-environment," Pruitt said in his first address to EPA staff.

Nigerian Senate Aims For March Final Reading Of Oil Bill

The overarching bill’s latest iteration aims to tackle everything from an overhaul of the NNPC to taxes on upstream projects in a sector riddled with corruption.

McDermott Acquires Deepwater Pipelay, Construction Vessel

The Amazon, completed in 2014, is equipped with 4,600 sq m (49,514 sq feet) of deck space with two 440-ton (400-tonne) cranes, a service speed of 12 knots and accommodation for up to 200 crew and service staff, a news release said.

Weak Oil Lowers 2016 Profit Of John Wood Group 62%

However the U.K.-based company said it was seeing signs of a potential uptick in onshore spending in North America, as the rig count in the U.S. rises, Reuters reported.

Oil Search Increases 2017 Spending To Expand PNG Output

Oil Search is also a partner in the Papua LNG project, run by Total, which is looking to develop the Elk-Antelope gas fields. Oil Search believes billions of dollars could be saved if those fields are used to help expand the PNG LNG project, Reuters reported.

Forum Energy Technologies Names CEO

Prady Iyyanki has been appointed CEO and president of Houston-based Forum Energy Technologies (NYSE: FET) as part of a long-planned transition, according to a news release. Iyyanki, who currently serves as president and COO of the global oilfield products company, will succeed C. Christopher Gaut, effective May 16.

Iran Expects To Finalize Contract With Total Within Two Months

Total plans to make a final investment decision on a $2 billion gas project in Iran by the summer, but the decision hinges on the renewal of U.S. sanctions waivers, CEO Patrick Pouyanne said earlier this month.

OPEC Aims For Higher Compliance With Output Cuts

OPEC is curbing its output by about 1.2 MMbbl/d from Jan. 1, the first cut in eight years. Russia and 10 other non-OPEC producers agreed to cut half as much.

US Drillers Add Oil Rigs For Fifth Straight Week

Drillers added six oil rigs in the week to Feb. 17, bringing the total count up to 597, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 17. During the same week a year ago, there were 413 active oil rigs.

US Senate Confirms Scott Pruitt As EPA Head

Senators voted 52-46 to approve Oklahoma Attorney General Scott Pruitt, who is expected to reform and modernize the EPA.

Santos Sees Caldita-Barossa Gas Investment Decision In Late 2018

The partners, led by ConocoPhillips (NYSE: COP), plan to start initial engineering and design work in late 2017 and to reach a final investment decision in late 2018 or early 2019, Santos Managing Director Kevin Gallagher told analysts at a results briefing.

Brent Eshleman Becomes President, CEO Of Bellatrix

Brent Eshleman has more than 30 years’ experience in the oil and gas industry and is an engineer.