Energy prices fluctuate with market reactions
Energy futures prices fluctuated daily as markets reacted to changing supply indicators through the long US Independence Day holiday weekend.
A full line of sealless diaphragm metering pumps can be integrated into a range of transfer, process, and recirculation systems for handling volatile fluids such as supercritical CO2 at high pressures.
US refiners are catching up on supply of both feedstock and product. The result is already showing up in the form of reduced crude and gasoline prices.
Sen. John Kerry (D-Mass.) has nudged the oil and gas industry, along with the rest of American business, toward a showdown over a problem that hurts commerce, burdens individuals, and undermines politics.
Responding to pending legal challenges, the US Environmental Protection Agency said June 30 it will reconsider recent changes it wanted to make to a clean-air permit program for refineries, power plants, and other industrial operators.
The US House of Representatives June 17 passed, by a 334-86 vote, a spending bill that largely keeps federal oil and natural gas research funding intact for the upcoming fiscal year starting Oct. 1.
A pending corporate tax bill may be as good as it gets this year for industry lobbyists still looking for energy legislation to come from a sharply divided Congress.
Atmos Energy Corp. agreed to acquire its Dallas counterpart TXU Gas Co., a wholly owned subsidiary of TXU Corp., for $1.925 billion to create a natural gas distribution company having 3.1 million customers in 12 states.
Oil and gas companies are expected to post much stronger net income in the second quarter compared with overall industry consensus, according to PIRA Energy Equity Research (PEER), a division of New York-based consulting firm PIRA Energy Group.
Efforts by the Organization of Petroleum Exporting Countries to satisfy world demand for crude this summer had the "unintended consequence" of reducing its spare production capacity, analysts said June 30.
The production, processing, transmission, and distribution of natural gas worldwide releases as much as 88 billion cu m (bcm) of methane to the atmosphere annually.1
Driller spearheads effort to baseline greenhouse gases
Drilling contractors can play an important role in eliminating redundant measurement and reporting carbon emissions from drilling operations.
The Vinccler Oil & Gas CA unit of PetroFalcon Corp., Carpinteria, Calif., activated a completion rig to work over gas wells on the 400,000-acre East Falcon Block near the Caribbean in northern Venezuela.
Qasr field in Egypt's western desert is one of the larger onshore hydrocarbon discoveries in the world in the last couple of years, said Apache Corp., Houston.
The Morphysorb process, in its first commercial application at the Duke Energy Gas Transmission Corp.'s (DEGT) Kwoen plant, proved to have better performance than competing solvent processes.
An analysis of the response of buried continuous pipelines to active faults has led to development of a design guideline for both onshore and offshore pipelines at fault crossings.