BISMARCK, N.D.-- State data show North Dakota's oil production in January saw a small increase compared to the previous month. A report by the state's top oil and gas industry regulator indicates North Dakota oil drillers produced a little bit more than 933,000 barrels of oil daily in January.» Read More
LONDON, Feb 24- Britain urgently needs its oil and gas companies to pay for a new regulatory body to encourage industry collaboration and counter plunging North Sea production rates, a government review, the first since the mid-1990s, said on Monday.
LONDON, Feb 24- Britain's oil and gas industry should pay for the creation of a new regulator which would help companies extract as much oil and gas as possible from North Sea fields, a government-commissioned report said on Monday.
Feb 24- Chesapeake Energy Corporation said it is pursuing strategic alternatives for its oilfield services division, including an outright sale or a potential spin off to Chesapeake shareholders.
MOSCOW, Feb 20- Eurasia Drilling Company, Russia's largest provider of onshore drilling services, will buy back global depository receipts worth up to $200 million in the six months starting from April 2, it said on Thursday. The company did not give a reason for the move. Since then, Eurasia's GDRs have lost a quarter of their value to trade at $28.30 on Thursday.
The autonomous region's prime minister and top energy official travelled to Baghdad earlier this week, intensifying efforts to settle the long-running dispute over exports of oil from Kurdistan via a new independent pipeline to Turkey.
BAGHDAD, Feb 19- Iraqi Kurdistan has agreed to export crude via the country's main oil marketing body, Deputy Prime Minister for energy Hussain al-Shahristani said on Wednesday, potentially removing a major sticking point in a row with the central government.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Feb 17- China's record imports of crude oil in January have largely, and correctly, been dismissed by the market as being artificially boosted by restocking ahead of the Lunar New Year holidays.
HONG KONG, Feb 14- Hong Kong- listed oil trader and shipping firm Brightoil Petroleum Holdings has held talks with U.S. oil companies Anadarko Petroleum Corp and Newfield Exploration Co to buy their China operations, sources with knowledge of the matter told Reuters.
*U.S. crude for March delivery fell 13 cents to $100.23 by 0030 GMT after closing at $100.35 on Thursday. *Libya's oil output dropped to 460,000 barrels per day on Thursday after protesters shut down pipelines from the El Wafa and El Sharara oilfields, the National Oil Corporation said on Thursday.
Gridlock in Washington on fracking, the minimum wage, and immigration force states to make their own rules. Fiscal Times reports.
Feb 7- Antero Resources Midstream LLC filed with U.S. regulators to raise up to $500 million in an initial public offering of its common stock. Antero Resources Midstream, formed by Antero Resources Corp, owns, operates and develops midstream energy assets including pipelines, compressor stations and fresh water distribution systems.
*Fourth-quarter profit $1.56/ shr vs est. Jan 31- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a better-than-expected adjusted quarterly profit, boosted by strength in its business that helps prepare oil and gas wells for production.
Jan 31- National Oilwell Varco Inc's fourth-quarter revenue rose 9 percent, buoyed by strong demand for its services that prepare oil and gas wells for production. The largest U.S. oilfield equipment provider's revenue rose to $6.17 billion in the quarter ended Dec. 31, from $5.68 billion a year earlier.
LOS ANGELES, Jan 31- Blu LNG, one of the biggest names in the move to wean U.S. trucks off diesel onto natural gas, has laid off 20 percent of its staff, ousted several senior executives and slowed down development of fueling stations as it waits for more truckers to embrace the switch to the cheap and cleaner-burning fuel.
*Baghdad hires law firm after Kurds open new pipeline to Turkey. LONDON, Jan 30- The Iraqi government has hired a law firm to target any buyer of what it considers illegally exported Kurdish crude oil, a Baghdad official said, toughening its tactics in a struggle to halt the northern region's drive for economic independence.
Jan 30- Oilfield services company Weatherford International Ltd said it would cut 7,000 jobs and warned that its fourth-quarter profit would miss its forecast, hurt by severe winter in North America and operational disruptions in the Middle East.
LONDON, Jan 30- Cutting the cost of everything from salaries and steel pipes to seismic surveys and drilling equipment is the central challenge for the oil and gas industry over the next five years.
NEWCASTLE, England, Jan 23- General Electric's oil and gas division will start pilot production of 3 D printed metal fuel nozzles for its gas turbines in the second half of this year, a major step towards using the technology for mass-manufactured parts in the industry.
CALGARY, Alberta, Jan 22- TransCanada Corp said on Wednesday it is shipping crude oil on the 700,000- barrel-per-day Gulf Coast pipeline, a $5.3 billion project expected to help eliminate a bottleneck that has warped the U.S. oil market for three years.
Jan 17- Schlumberger Ltd, the world's largest oilfield services company, posted a better-than-expected fourth-quarter profit on Friday as robust international activity offset stiff competition in North America.