Saudi Arabia's Minister of Petroleum and Mineral Resources Ali I. al-Naimi said his country has spent substantial amounts of money securing its oil installations and insisted it would be "difficult, if not impossible" for terrorists to attack them.
Negative perceptions of the petroleum industry persist even in Texas, a state with an economy extensively intertwined with oil and natural gas for a substantial part of its history.
Your column �Revisiting hydrogen� is based on a Cato Institute paper by Professor Donald Anthrop that paints a very negative picture of a hydrogen transportation system by assuming worst-case scenarios that no one would propose, while ignoring other more promising approaches (OGJ, Jan.
Energy prices surged upwards on Feb. 10 as the Paris-based International Energy Agency increased its forecast for 2005 oil demand growth by 80,000 b/d to 1.
Houston, has named Paul Allen as vice-president of its newly formed capital project & finance advisory practice area, and Don Zmick as vice-president of the oil & gas commercialization practice area.
The world faces challenges rather than impending doom with oil supply. The challenges include a sequence of supply crises likely to develop not when oil production peaks�the subject of much recent controversy�but earlier, when widening gaps appear between demand and sources of supply upon which the world has come to rely.
Just last week, the Kyoto Protocol set binding limits on greenhouse gas (GHG) emissions for many industrialized nations of the world, not including the US or developing nations like China.
David J. O'Reilly, chairman and CEO of ChevronTexaco Corp., called for a new US energy policy in his keynote address at the opening of a weeklong conference of energy executives last week in Houston, sponsored by the Cambridge Energy Research Associates.
ChevronTexaco Corp. CEO David O'Reilly has his finger on the world's oil pulse, noting on Feb. 15 that the era of cheap petroleum is over. "We're seeing the beginnings of a bidding war for Middle Eastern oil between East and West," he said.
World oil production capacity could jump by more than 16 million b/d to 101.5 million b/d by 2010, with the addition split "fairly evenly" between members of the Organization of Petroleum Exporting Countries and non-OPEC producers, said an executive of Cambridge Energy Research Associates, a subsidiary of IHS Inc.
Challenges facing the oil and natural gas industry have more to do with delivery and product quality than with size of the petroleum resource, company executives told the Energy Institute's International Petroleum Week in London.
Some politicians lead task forces by holding hearings and issuing reports that essentially restate the already identified problem. Then there's North Dakota Gov. John Hoeven.
A new array of downhole tools and completion methods provides a way for the industry remotely to gather data and control fluid flow from the complex downhole environments frequently encountered in today's well completions.
New drilling technologies are getting a push from government funding; industry needs to "pull" them into implementation, says Roy Long, manager of E&P technology at the Strategic Center for Natural Gas and Oil, Tulsa.
In January, the US Department of Energy announced new grants for 10 microhole technology projects to be managed by the Office of Fossil Energy's National Energy Technology Laboratory (NETL).
Refiners must recognize the required organizational changes and use an efficient and cost-effective system design when upgrading an existing blending system to an advanced one.
Pipeline operating companies' safety records and published results of experimental and analytical studies indicate that the present traditional design formulation for determining required line pipe wall thickness is conservative.
