Amphora, Inc. has added Symphony FREIGHT to its suite of software products. Symphony FREIGHT delivers charter, demurrage and voyage management, and also manages the full-life cycle of vessel contracts from negotiation to cost actualization; profit/loss; spot contract capabilities for wet/dry management; automatic cost creation functionalities; commission costs automation in different currencies; what-if scenarios and more.

US Energy Secretary Steven Chu announced today the completion of a successful, unprecedented test of technology in the North Slope of Alaska that was able to safely extract a steady flow of natural gas from methane hydrates – a vast, entirely untapped resource that holds enormous potential for US economic and energy security.

With the reserves-production ratios of developed nations such as the US and Canada reaching alarming levels, and Middle Eastern resources depleting rapidly, there is widespread concern over crude oil future fuel replacement, according to a new report by natural resources expert GBI Research.

Whether the oil and gas industry is prepared for new financial controls the Dodd-Frank Act will impose as soon as mid-July will be the topic of UHY Advisors’ quarterly Midstream Breakfast on Thursday, April 19, in Houston.

Fueled by national oil companies and international buyers making acquisitions in North American shale gas, shale oil and tight oil basins, global transactions involving unconventional oil and gas resources reached a record high $75 billion in 2011, reported IHS.

The warmest US winter in the past 60 years has propelled a massive natural gas inventory surplus and an early start to injection season, reports BENTEK Energy, a research and consulting firm based in Evergreen, Colo.

The International Energy Agency (IEA) will acknowledge the coming of age of the renewable energy sector by publishing, for the first time, an annual medium-term report which analyses that market.

Improvements to the pipelines crossing the Arabian Peninsula would allow more of the oil produced in the Persian Gulf to avoid the Strait of Hormuz, according to a new paper from Rice University’s Baker Institute for Public Policy.

Following a rise in popularity in the oil and gas upstream sector in 2010, joint venture agreements played a dominant role as a source of low cost funding in 2011—with unconventional resources drawing the most attention, noted analyst at Stifel Nicolaus.