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Editorial: The scandal grows
Oil. Money. Geopolitics. Now theater.
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BP blames personnel mistakes for refinery explosion
A BP PLC investigative team concluded that personnel failures before and during start-up of an isomerization (isom) unit in the 446,500 b/cd Texas City, Tex.
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ESAI: India’s refiners importing gas oil
India’s refiners have been forced to rely on international suppliers for low-sulfur gas oil (diesel) despite high regional prices, said a report from the Energy Security Analysis Inc.
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Gas likely to fill big share of energy-market growth
Natural gas is “well positioned” to capture nearly a third of all energy-market growth by 2020, said Alex Dodds, managing director of Ras Laffan LNG Co.
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Incoming IOGCC chairman will focus on technology
The Interstate Oil and Gas Compact Commission’s incoming chairman plans to emphasize technology as a way to balance the nation’s energy needs and environmental concerns.
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India addresses air pollution with new standards
Increased air pollution in India, resulting from a growing population, urbanization, vehicle emissions, and industrialization, has led the government to enforce tighter emission-control regulations and implement international pollution-reduction standards, reported Aarti Uplenchwar in a FACTS Inc.
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NGSA offers natural gas quality recommendations
Federal regulators have enough information to act on balanced natural gas quality and interchangeability rules that maintain public safety and allow for supply expansion, the Natural Gas Supply Association (NGSA) said May 16.
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Oil spill preparedness:Is the focus shifting?
While environmental protection through prevention is widely accepted as necessary and beneficial, disagreement persists over response preparedness against the continuing risk of marine oil spills.
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OTC: Strategies considered for the personnel shortage
Oil and gas professionals believe they need a combination of strategies to counteract their industry’s personnel shortage.
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Russia cancels Gazprom, Rosneft merger
The Russian government has canceled the merger between gas monopoly OAO Gazprom and OAO Rosneft.
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S&P’s sees credit lift from mergers, acquisitions
Standard & Poor’s Rating Services said the oil and gas industry’s credit ratings appear poised to benefit from expected high merger and acquisition activity in the US this year.
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Saudi, US officials pledge response to tight oil markets
Saudi Arabian and US government officials expressed their determination May 17 to respond to tight oil markets that have pushed prices above $50/bbl.
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Saudi Aramco chief optimistic on oil supply
Saudi Arabia and Saudi Aramco can tap massive reserves to increase oil production to help meet growing worldwide demand, said Abdallah S.
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Saudis seek $623 billion in foreign investments
Saudi Arabia, by 2020, plans to invest $50 billion in natural gas production projects, $92 billion in petrochemical expansion projects, and $90.
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Watching the World: Greece seeks energy title
With reserves of just 6 million bbl of crude oil and 35 bcf of natural gas, Greece hardly counts as one of the world’s heavyweight energy contenders.
