Editorial: Support for transparency
Quietly but steadily, support is increasing for transparency in oil and gas companies’ dealings with foreign governments.
Oil firms dealt 'major blow' with Venezuelan tax hikes
Venezuela's plan to increase the corporate income tax on oil companies to 50% from 34% would slash the values of multinational companies' assets in the country, Aberdeen consultant Wood Mackenzie Ltd.
Opportunity seen to raise support of offshore work
High oil and natural gas prices provide offshore producers a significant opportunity to build public support.
US Senate offshore leasing foes reaffirm opposition
US Senate Energy and Natural Resources Committee members from California, Florida, and North Carolina reiterated their strong opposition Apr.
Sempra LNG terminal groundbreaking hits legislative snags
Even as San Diego-based Sempra Energy announced groundbreaking for its $800 million LNG terminal at Costa Azul in Baja California on Mar.
USGS official upbeat about oil reserves outlook
There are much more oil reserves left in the world than many of the pessimistic forecasts make out, according to Peter McCabe, senior research geologist at the US Geological Survey, speaking at the annual Australian Petroleum Production and Exploration Association (APPEA) conference in Perth.
Watching the World: Spies, taxes, and business
In the old days, when Her Majesty’s Treasury was being drained dry, the British government dispatched James Bond to sort out the problem.
LNG's wide-ranging challenges can be met, experts say
Increasing LNG imports’ contribution to total US natural gas resources poses a wide range of challenges, four experts conceded during an Energy Information Administration conference Apr.
Efforts to tap oil shale’s potential yield mixed results
A huge resource, much of it in the oil-hungry US, sustains efforts in the US and elsewhere to find a way to produce shale oil economically.
Geopolitics, unconventional fuels to reshape industry
Current forces having potential to shape the future of the oil and gas industry-consistently higher oil and gas prices feeding on mushrooming energy demand, conventional oil supply limits, shrinking rig availability, continuing geopolitical concerns, and the need to retain critical industry knowledge-were the focus of speakers at an RMI-sponsored oil field forum in Houston Apr.