Hydrogen should not be considered any threat to the oil and gas industry for one simple fact: the most abundant and lowest-cost source of hydrogen is from hydrocarbons!
Energy futures prices retreated last week on midweek reports of large builds in US inventories of crude, gasoline, and distillates. But that build was achieved only through maximum effort, an analyst reported.
Amity Oil Ltd., West Perth, seems assured of a gas discovery in the Tertiary Danisman formation and also found gas in Oligocene Osmancik sandstone at its most recent Thrace basin wildcat.
The new Type 350SS stainless steel filter regulator and the Type 360SS stainless steel regulator are designed to stand up to the harshest environments yet provide accurate pressure regulation.
Houston and Stavanger, respectively, announced the appointment of PennWell as the Official Media Sponsor for ONS 2004, scheduled for August 24-27 next year.
US oil companies are hoping the US will seek to repair frayed diplomatic relations with European allies by updating its own economic sanction policy against the petroleum-rich countries of Iran and Libya.
The US-Russian Business Council earlier this month presented a report card to US President George W. Bush and his Russian counterpart Vladimir Putin on the state of trade relations between the two countries.
Spurred by fear of incarceration, US executives are neglecting better alternatives in a scramble to comply with the Sarbanes-Oxley Act of 2002, the president and CEO of Halliburton Energy Services said.
Calgary-based EnCana Corp., Canada's largest petroleum producer and one of the largest independent oil and gas producers in the world, is again on the move in the Middle East, having just acquired new acreage in Oman in addition to its existing holdings in Bahrain, Qatar, and Yemen.
Burlington buys Marathon's half of Netherlands JV
US-based oil and natural gas independents have been actively acquiring or divesting interests in international joint ventures recently.
Bear Stearns: US tax change likely to make oil stocks more attractive
The reduction on federal tax dividends contained within the $350 billion US tax cut package is likely to make oil stocks more attractive to some investors, said analyst Frederick P. Leuffer of Bear Stearns & Co. Inc., New York.
Exploration in the Marañón basin of northeastern Peru has focused primarily on one type of trap for the last 20 years, and consequently well sampling has become somewhat biased in recent years, not necessarily reflecting the basin's true potential.
A chain of significant discoveries, including in 2002 the world's largest hydrocarbon discovery for the year, has occurred in the past 2 years in India.
Numerous new drilling, completion, and producing technologies offer a variety of improved approaches that facilitate and lower the cost for recovering hydrocarbons from complex environments at optimal producing rates.
BP Exploration Inc. increased production and improved performance in its Judge Digby (La.) gas plant by replacing the diethanolamine (DEA) solvent with a specialty methyl-diethanolamine solvent in a process that took less than 24 hr.
Projections of growing US natural gas demand and concerns about the ability of North American producers to meet that demand raise doubts about industry's ability to fill gas storage this summer while at the same time meeting the needs of electric generators, industrial users, and other requirements.
The volume of gas in underground storage is the total of the regularly injected and withdrawn working gas, injected base (or cushion) gas, and native gas. The distinction between working gas vs. base gas, however, is not an absolute, one-answer value.
