Energy futures prices were especially volatile Feb. 2-4, first soaring because of problems at three refineries in California, Illinois, and Indiana, then plunging with bearish reports of builds in US inventories of crude and petroleum products. ...
As Congress decides whether to try to salvage the omnibus bill it has twice failed to pass, the oil and gas industry should recognize that with energy policy, good things can happen in small packages.
Iraq's Governing Council has announced it will investigate media allegations that former Iraqi President Saddam Hussein used millions of barrels of the country's oil to bribe foreign politicians and organizations.
Three LNG receiving terminal proposals for Baja California, Mexico, face an intensifying political and public relations competition, said George Baker...
If US President George W. Bush's Jan. 20 State of the Union speech is any indication, the White House may have decided that energy and environmental issues are not going to be pressing on the minds of the electorate this fall.
This year's presidential and congressional elections may slow down but are unlikely to stop growing efforts by policymakers to update US sanctions policy, especially as it applies to strategic oil producing countries.
Industry analysts and some US government officials worry that the tense relationship between the US and Venezuela is deteriorating to a point where key US crude imports could be jeopardized in the not too distant future.
Well site geologists, engineers, and drillers often include information in their final reports that rarely finds its way into prospect maps but that is highly relevant to gas and oil occurrence.
Japan will drill 16 shallow exploratory wells in deep waters off its coast, from Mie to Shizuoka prefectures, to determine the expanse and density of methane hydrate deposits.
