Coming home from Boston yesterday the flags were at half mast at a Connecticut rest stop north of Hartford. This was to honor a local woman killed in Iraq.
The Organization of Petroleum Exporting Countries denied news reports that the group is using a new formula to calculate the daily price of its basket of seven benchmark crudes.
The Reliance Industries Ltd.-Niko Resources Ltd. partnership gauged two more gas discoveries on Block D-6 in the Krishna-Godavari basin off eastern India.
By helping to ensure that valves and actuators are only operated by authorized individuals, this new antitamper lock (ATL) helps secure company assets by reducing the risk of human error or deliberate tampering.
Houston, has named Richard R. Lonquist as a partner in the firm. Lonquist, formerly with Capital Minerals LLC, and Huddleston & Co. Inc., has over 16 years of engineering and management experience in the exploration and production business.
Despite fighting, Iraqi oil industry resumes operation
Despite fierce fighting in parts of the country, Iraq's oil industry is nearly back on its achy feet.
Simulations of the World Oil Production Capacity (Wocap) model suggest that global oil production will peak at a point near 81 million b/d well before the end of the decade, likely by 2006-07
In a report prepared for its Group Audit Committee (GAC), Royal Dutch/Shell Group outlined how its former top executives knew and argued about a reserves reporting problem for 1 1/2 years before informing the public.
Earlier this year, Russian authorities approved development of the Sakhalin II Phase 2 crude oil and natural gas development project in the Sakhalin Island region of Russia's Far East just north of Hokkaido, Japan.
Geopolitical concerns related to the Iraq conflict could well be complicating oil and gas deals between some major Persian Gulf exporters and their biggest customers.
Companies tracking US gasoline futures prices soon will be armed with another set of financial derivatives for a rapidly growing component of the nation's gasoline pool: ethanol.
Clean-fuels initiatives, driven by government-mandated low-sulfur fuel specifications in the US and elsewhere, continue to push refining expansion and revamp construction projects, according to the OGJ worldwide construction report survey.
Centrispun tube technology entered the North and South American markets on Mar. 1 with the inauguration of the Schmidt & Clemens Brasil Ltda.'s production facility in Jundiai, Brazil.
Australia contains established oil and gas provinces (Fig. 1), is politically stable, and has a fiscal regime that encourages petroleum exploration and development.
Canadian Natural Resources Ltd. controlled losses and a significant H2S kick in a deep well using a new dual-action lost-circulation material. CNRL experienced severe losses while drilling through a high-pressure, deep gas pay zone in the foothills of west-central Alberta. Reducing the drilling-fluid density slowed the rate of losses; however, the decrease in hydrostatic pressure led to a gas influx from the same formation.
Operating experience on an 800-mile products pipeline in China suggests that optical technology may not only be used to improve batch cutting, reduce "transmix" (mixture of products in transit), and reduce the downgrading of product quality, but also for online quality determination and monitoring.
Worldwide refiners' needs to produce cleaner fuels and operate to meet environmental regulations, convert more heavy feedstocks to satisfy regional fuel market needs, and maximize profit margins continue to guide developments in the refining catalyst market.
