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The article “Forces beyond demand growth reshaping trade in oil and gas” seems to have omitted one of the most critical of those forces-oil supply availability (OGJ, Aug.
“Hurricane Katrina has wreaked havoc on US energy markets, and we believe its effects are likely to impact energy prices into 2006,” said analysts at Jefferies & Co.
Houston, has announced the appointment of Bart H. Heijermans as executive vice-president and chief operating officer, with overall responsibility for the Production Facilities, Well Operations, and Deepwater Contracting business units.
A modified coiled-tubing-conveyed production logging string proved effective for obtaining logs in a short-radius horizontal well in Saudi Arabia’s Ghawar field.
By the premier standard of what government should do in crises of oil and gas supply, the US government has performed fairly well since Hurricane Katrina devastated the Gulf Coast Aug.
Tight world oil markets coupled with the ravages of Hurricane Katrina have set the stage for a potentially expensive winter heating season, the Energy Information Administration said in its latest Short-Term Energy Outlook.
French Finance and Economy Minister Thierry Breton has threatened to initiate a windfall profits tax against oil majors Total SA, Esso, BP PLC, and Royal Dutch Shell PLC-all of which operate refineries in France-if they do not develop “concrete and tangible proposals” to “return to consumers a part of the exceptional profits corresponding to an exceptional situation amassed since the beginning of the year.
Montana Gov. Brian Schweitzer is urging executives from oil companies and fuel technology companies to finance Fischer-Tropsch (FT) projects that would convert coal into gasoline and diesel.
The recovery of oil and natural gas production has been stalled from the Gulf of Mexico in the aftermath of Hurricane Katrina largely because of damage to pipelines and storage facilities, said some industry observers.
Although their first-half 2005 earnings declined, a sample of oil and gas firms based in Canada reported a collective increase in second-quarter earnings compared with the same 2004 period.
F or a change, a gasoline price spike looked politically easy-but only next to the evacuation of close to a million Gulf Coast residents following Hurricane Katrina’s visit.
The complex interactions of the financial, logistical, and geological processes that are involved in the production and delivery of oil and gas to market are driving the industry to real-time business processes.
Although it contains a record-low number of companies, this year’s OGJ200, covering financial and operational results for 2004, reflects record-high earnings.
A new method for estimating US refinery fixed costs is useful for comparing data between different refineries and is based on the market approach that uses comparable sales.
Assessment of Energy Saving in Oil Pipelines (AESOP) is in the process of developing the techniques required to use drag-reducer additives (DRAs) in pipelines, reducing energy consumption and increasing transport capabilities.
