Editorial: Attention to refining
It took a body blow to national energy supply, but the subject of petroleum refining finally has the attention of the US Congress.
CERA: LNG, conservation needed in natural gas market
Development of new LNG facilities is the only way to reduce prices and volatility in the North American natural gas market, and development must begin in 2008, said Michael Zenker, a senior director of Cambridge Energy Research Associates, in testimony Sept.
Current oil ministry projects
Iraq’s oil ministry currently is actively engaged with a number of projects on which it had already embarked or which it needed to tackle after the overthrow of Saddam Hussein.
FERC addresses offshore gathering jurisdiction
The US Federal Energy Regulatory Commission has begun to examine whether it might reassert jurisdiction over offshore natural gas gathering operations.
Iraqi oil-3: Policy key to unlocking potential
The oil industry is Iraq’s most efficient wealth-creating instrument. Recent and near-term future oil prices, which have reached $50-60/bbl and above from $22-28 last year, are providing high income for the country, particularly in view of Iraq’s low discovery cost of about 50¢/bbl and its development cost of 50¢-$1/bbl.
Oil, gas prices leap on approach of Hurricane Rita
Futures contracts for natural gas and benchmark US light, sweet crudes registered the biggest 1-day gains ever on Sept.
Onshore repairs may take until yearend, MMS chief says
Oil and natural gas production is slowly returning from the Gulf of Mexico following Hurricane Katrina, but it could take at least until the end of 2005 before onshore transportation and distribution is fully restored, US Minerals Management Service Director Johnnie Burton said Sept.
Watching the World: Elephant grass and saboo dam
In the oil and gas industry, times are surely changing. Once, energy leaders looked for elephant fields, but now it seems more of them are checking out the possibilities of elephant grass, to say nothing of saboo dam.