In the process of exploring for oil and natural gas under the Earth's waters, oil companies conducting surveys occasionally make some other interesting discoveries, such as sunken aircraft, ships, and U-boats (OGJ, Aug. 20, 2001, p. 19).
Enhancements have been added to the VX500 dockable photoionization detector (PID). The new features increase its functionality and accuracy while maintaining its simplicity.
If the goal is US respect in the world, why would a presidential candidate pursuing it treat an important part of the world with deliberate disrespect?
Recent discussions regarding the advent of a peak in global crude oil production generally fail to address the potential of America's rich, massive oil shale resources to augment petroleum supplies.
In 1988, when 27-year old Stanford University petroleum engineers Hal Washburn and Randy Breitenbach prepared to launch BreitBurn Energy Co. in Los Angeles, people tried to discourage them.
Producers and their congressional supporters looking to expand drilling on certain federal lands praised a recent action by the US Department of Agriculture's US Forest Service.
Regulators face growing scrutiny over how publicly traded oil and natural gas companies book proven reserves, thanks to shareholder lawsuits and election-year politics.
Most recent merger and acquisition activity in the oil and natural gas industry has involved multinational corporations, while independent firms continue to trade upstream properties within the US and Canada.
Royal Dutch/Shell Group July 29 said it has reached agreements in principle (AIP) with the UK's Financial Services Authority and US Securities and Exchange Commission staff to resolve their pending inquiries related to the company's oil and gas reserves revisions (see Watching Government, p. 28).
The board of ConocoPhillips has elected James J. Mulva to succeed Archie W. Dunham as chairman upon Dunham's retirement in September. Mulva also will continue to serve as president and CEO.
Operators are drilling on and offshore the eastern Canadian provinces, moving forward with most project plans and work commitments but letting others slide.
The refining industry is entering a new "benign" era that reflects basic, permanent, structural changes in the market due to an improving global economy.
Plans for a major European petrochemical pipeline took an important step forward earlier this summer when a commission of the European Union approved subsidies for the project by the governments of Belgium, Holland, and Germany.
Data compiled and published last month by Intertanko, the international association of independent tanker owners, suggests the trend in tanker incidents per year since 2001 has stabilized at a level well below the average annual number of incidents reported 1990-2000.
