Houston, has announced several appointments recently. Wood Group ESP has promoted Boris Aranovich to vice-president, with responsibility for developing the company's electric submersible and surface pump activities in the CIS. ...
A media frenzy has erupted over suggestions that rulers of Saudi Arabia promised to moderate oil prices this summer in order to influence presidential elections in the US. ...
US gasoline consumers should not blame oil exporters for higher fuel prices, Saudi Arabian Minister of Petroleum and Mineral Resources Ali al-Naimi said Apr. 27.
The vulnerability of Iraq's oil export revenues was exposed Apr. 24 at 5 p.m. local time when suicide attackers detonated three explosive-laden boats near the country's southern export facilities...
Oil companies interested in investment opportunities in Libya must be aware of what remains of US sanctions, and oil companies interested in doing business in Iraq await the establishment of a transparent legal framework there. ...
North American producers are not yet on track to meet earlier expectations that new natural gas supplies from Canada, the Gulf of Mexico, and nonconventional US land sources will accommodate a US natural gas market of more than 30 tcf by 2015...
LNG undoubtedly will play a pivotal role in the coming years in bridging the ever-widening gap between natural gas supply and demand in North America. ...
Natural gas price volatility is expected, both globally and regionally, for the next few years because anticipated US gas demand growth will outstrip gas supply growth—supporting prices above historic levels. ...
The US Energy Information Administration wants comments from industry and others on its plan to dramatically revamp monthly natural gas production data so that the numbers better reflect the market. ...
EnCana Corp., Calgary, has agreed to buy Tom Brown Inc. of Denver for $2.7 billion, which includes a tender offer of $48/share and the assumption of debt. ...
In February 2002 the Norwegian Petroleum Directorate (NPD) launched a campaign to promote the Norwegian sector to new-entry exploration and production firms. ...
The Norwegian Ministry of Finance's proposed tax reforms look promising for international oil and natural gas companies already doing business in Norway...
In mid-2003, Shell drilled ultradeepwater Well 1-SHEL-14-RJS in Brazil, proving out an emerging drilling technology and breaking several drilling industry records. ...
An innovative project management initiative allowed Unocal Thailand Ltd. to construct its latest gas processing platform on time, below cost, and above quality expectations.
A pressurized glycol reboiler, first used at a Shell Oil Co. South Louisiana plant, is effective in controlling volatile organic compound (VOC) emissions from glycol gas-dehydration systems. ...
