Editorial: A memo to industry
FROM: US government
CERA sees strong LNG growth, mixed commercial success
The LNG industry will grow more in the next 7 years than it did in its first 40 years, projects a study by Cambridge Energy Research Associates, Cambridge, Mass.
Deepwater investment to show strong growth
Investment in deepwater exploration, development, and production will remain strong during the next 5 years, totaling more than $20 billion/year by 2010, reported John Westwood Nov.
FACTS: Chinese oil demand growth to slow this year
Although China’s demand for petroleum products will continue to grow this year, the rate of growth may decline after unprecedented growth in 2004 of nearly 15%, said Fesharaki Associates Consulting & Technical Services Inc.
Japan, Russia agree to two-stage pipeline to Pacific
Japanese Prime Minister Junichiro Koizumi and Russian President Vladimir Putin have agreed to the construction of a two-stage pipeline aimed eventually at delivering crude oil produced in eastern Siberia to the Pacific (OGJ, Nov.
Role of litigation at issue before NEPA task force
Broader, earlier public involvement could be a realistic alternative to litigation under the National Environmental Policy Act, witnesses told a US House Resources Committee panel Nov.
US oil and gas companies reevaluate hedge strategies
Rising oil and gas prices and hurricane-related production disruptions have forced many US independent producers to report third-quarter accounting charges related to hedging.
Watching the World: Hugo Chavez to the rescue
Selected low-income residents of Massachusetts will receive discounted home heating oil this winter under an agreement proposed by Venezuelan President Hugo Chavez.