In his first meeting with the press since being named president of Petroleos de Venezula SA, Alí Rodríguez Araque last week emphasized that Venezuela still firmly supports the objectives and decisions of the Organization of Petroleum Exporting Countries.
The hypocrisy existing by the majority members of the Senate has never been more evident than not allowing debate on the leasing of a small tract of land in the coastal plain of the Arctic National Refuge in Alaska.
US refiners have a welcome opportunity to improve looming sulfur standards for highway diesel fuel. The US Environmental Protection Agency on Apr. 22 announced a review of its December 2000 requirement for ultralow-sulfur on-road diesel in 2006.
While the general outlook for the North American gas market has brightened this year, there is much debate over whether this improvement will be driven mainly by supply or demand.
The 34th annual Offshore Technology Conference opens this week in a new facility in Houston and under a new executive manager for the first time in nearly 3 decades.
The US Gulf of Mexico is a major source of domestic oil and gas supplies. Recently, some have begun to speculate that this important producing area will soon experience a decline in production, with significant implications for higher domestic natural gas (and oil) prices, supply shortages, and decreased energy security.
Natural gas prices in the US will recover sharply this year. Next year promises to be a very good year for the number of drilling rigs working and for the use of coiled tubing services.
Major oil companies and independents both said they see a recently passed Senate energy bill as an important step in finalizing a comprehensive US energy policy.
The Enron Corp. financial disaster and its reverberating political damage could help facilitate new rules designed to tame increasingly volatile international energy markets.
Gathering in Dallas last month for the 53rd annual American Petroleum Institute Pipeline Conference, US pipeline industry executives and managers faced the same challenge as when they met a year ago: to improve performance so that the public no longer believes pipeline operations threaten communities.
To be effective in its safety initiatives, the oil and gas industry must incorporate safety into management systems, making it equal in importance to production and profits.
Units of EnCana Oil & Gas (USA) Inc. will acquire natural gas and NGL assets in the Northwest Colorado Rocky Mountains from El Paso Corp., Houston, for $461 million (Can.).
Shell Oil Co., Houston, has elected Philip Watts, chairman. Watts will take up the US chairmanship Sept. 1 while continuing in his role as chairman of the committee of managing directors of the Royal Dutch/Shell Group.
A simple first-order kinetic model of hydrocracking reactions using pseudocomponents closes the gap between the process and a model of the separation and reaction network. The model delivers good results for predicting product distribution after the reaction process.
TotalFinElf SA’s Girassol deepwater project started up off West Africa in December 2001. Stolt Offshore SA’s application on Girassol of its modular advanced tie-in system (MATIS) using low-cost flanges represents the kind of technological advance that is making deepwater and ultra-deepwater developments, particularly subsea tie-ins, economic and efficient.
