It was good to see, in this week’s congressional inquisition of oil company executives, that Republicans still have among them someone willing to defend markets.
The sharp drop in US product deliveries in the wake of Hurricanes Katrina and Rita has sparked speculation about demand destruction, but the data “must be interpreted with caution,” said Paris-based International Energy Agency in a Nov.
Houston, has named Scott Leitko as vice-president of engineering. Leitko, who has more than 17 years of experience, most recently served in management for the offshore engineering unit of KBR.
Hurricanes Katrina and Rita battered people and structures in the Gulf of Mexico and along the Gulf Coast, leaving many large-scale renovation projects and rising rig rates in their wakes.
Petróleos de Venezuela SA’s (PDVSA) recent strategic plan calls for the investment of about $15 billion during 2006-12 to increase heavy-oil production from the Orinoco tar belt of Venezuela to 1.
A study showed that an isothermal gravity-chemical equilibrium model can predict the compositional variation with depth for the Asmari carbonate reservoir in Marun field, Iran.
US House Republican leaders withdrew language authorizing oil and gas leasing within the Arctic National Wildlife Refuge from their version of the federal budget bill on the eve of its floor consideration.
If governments stick to current policies, world energy needs will be more than 50% higher in 2030 than they are today, warned Paris-based International Energy Agency in its recently released World Energy Outlook 2005 (WEO 2005).
Oil and natural gas producers are already reinvesting much of their substantially higher earnings in exploration, production, and refining, officials of three leading trade associations told US Sen. Charles E. Grassley (R-Iowa).
Five major oil company executives faced sometimes hostile questions about the relationship of record third-quarter profits to dramatically higher product prices during a Nov.
The headline on a news release from the office of Sen. Chuck Grassley (R-Iowa) says it all: “GRASSLEY QUESTIONS CORPORATE RESPONSIBILITY OF OIL AND GAS COMPANIES; ASKS THEM TO GIVE 10 PERCENT OF PROFITS TO HELP LOW-INCOME AMERICANS.
A recent study applied different C6+ characterization techniques to generate a phase envelope for natural gases and, using these techniques and a single dewpoint measurement, generated a relatively correct phase envelope.
When asked to list the most important issues facing downstream oil and gas engineering and construction companies now and in the beginning of 2006, Ahmad Fatemizadeh, president of Shaw Stone & Webster Process Technology Group, talked about fast-paced scheduling and the EPC risk.
Statoil ASA has installed and commissioned about 8,000 km of subsea pipelines in the North Sea area since 1985, including several of the world’s largest offshore gas trunklines.
