International news for oil and gas professionals
A bit more than 2 years ago, this space looked at "Gasland," a product of independent filmmaker Josh Fox.
Residents of countries aggressively trying to cut emissions of greenhouse gases (GHG) pay more for energy than they would if their governments had more modest ambitions for mitigating climate change.
Cases of fraud have badly damaged a federal biodiesel credits trading program, but it's not beyond repair and deserves to be saved, witnesses told a US House Energy and Commerce Committee subcommittee on July 11.
Excessive and poorly conceived federal regulations threaten to stifle an onshore US oil and gas renaissance that is being made possible by hydraulic fracturing and other new technologies, state officials and producers told the US House Oversight and Government Reform Committee.
US President Barack Obama reiterated his support for developing natural gas resources with new technologies as long as it can be done safely and in an environmentally sound manner.
Arctic offshore oil and gas resources extend beyond North America, experts reminded their audience at a July 12 forum at the Woodrow Wilson Center for Research.
Tougher air-quality standards for particulate matter (PM), also called soot, could trigger higher energy prices, one witness testified July 17 during a field hearing in Philadelphia on the US Environmental Protection Agency's proposal to change the National Ambient Air Quality Standards (NAAQS).
Ohio's oil and gas producers believe Gov. John Kasich's proposal to increase the severance tax could discourage future investments in the state's emerging Utica and Marcellus shale plays, said members of the Ohio Oil & Gas Association.
Crimson Exploration Inc., Houston, has summarized continued success in its East Texas Woodbine and Karnes County Eagle Ford programs and provided an operational update on its Liberty and Zavala County activity.
McMoRan Exploration Co., New Orleans, has perforated 165 ft of Wilcox sands in the Davy Jones-1 ultradeep discovery well on the Gulf of Mexico shelf and is running tubing to conduct flow tests the week of July 30.
In light of muted economic recovery, global oil demand in 2013 will increase by 1 million b/d to average 90.9 million b/d, the International Energy Agency said in its latest monthly Oil Market Report. For the first time, demand in developing countries will overtake demand in the Organization for Economic Cooperation and Development (OECD).
Statoil SA has signed a letter of intent with Technip for the construction of the hull for the spar platform to be used for development of Aasta Hansteen gas and condensate field in the northern Norwegian Sea.
To the oil and gas industry, a political spat over outsourcing must seem especially ironic.
