ExxonMobil Corp. conducted an assay of the Bonga crude that recently started production off Nigeria. On Nov. 28, 2005, Royal Dutch Shell PLC reported the start of oil production from the giant field in more than 1,000 ft of water (OGJ, Dec. 12, 2005, p. 9).
Publicly traded major oil companies’ greatest future contribution may be to supply exploration and production services to national oil companies, an energy consultant suggested Mar. 27.
Los Angeles investment management firm TCW and partners will acquire CDX LLC, Dallas, an onshore gas producer and drilling contractor focused on unconventional resources such as coal, shale, and tight sands.
The 25 European government heads meeting Mar. 24-25 in Brussels agreed to adopt a plan for a transparent and better-integrated single energy market, but they identified few specific targets, deadlines, or clear data on gas storage capacities and oil stocks.
Since Col. Muammar Qaddhafi renounced his pursuit of weapons of mass destruction in 2003, Libya’s pursuit of oil and natural gas is very much in the news these days, especially in Greece.
Gasoline and ethanol prices are likely to rise in the near term across the US, according to D. Mark Routt, a Dallas-based senior oil analyst with Energy Security Analysis Inc. of Wakefield, Mass.
Five chief executives from companies that produce, distribute, and consume natural gas Mar. 28 urged the 109th Congress and President George W. Bush's administration to significantly increase access to domestic resources that are currently off-limits.
When the National Ocean Industries Association held its annual meeting in Washington, DC, last week, it was against a significantly improved outlook for gaining access to more of the Outer Continental Shelf.
A steep decline in the use of methyl tertiary butyl ether as a gasoline additive results from refusal by Congress to adopt MTBE liability limits as part of the Energy Policy Act of 2005, a former chairman of the National Association of Convenience Stores told a US Senate committee Mar. 29.
The first series of enhancements to the PetrisWINDS Recall and PetrisWINDS Enterprise product lines are designed to make RECALL the industry’s most open wellbore data management system, with two-way access and the largest integration footprint.
Sure, ethanol has been receiving a great deal of attention since President George W. Bush's state of the union speech in January. But he was talking about cellulosic ethanol, which is not yet in commercial production.
Energy prices see-sawed, down one day and up the next through the week ended Mar. 24 as traders worried about high US inventories vs. possible supply disruptions later this year.
US drilling contractors will have higher day rates and greater pricing leverage for service costs this year compared with last year, Standard & Poor’s Ratings Services said in a Mar. 24 report.
Houston, has named Steven R. Knowles as president, succeeding co-founders/presidents, William G. Higgs, and Paul E. Redmon. Higgs and Redmon will now serve as co-chairmen of Mustang.
The vast majority of infrastructure projects in the Russian oil sector are aimed directly at increasing exports, the country’s ability to export currently constrained primarily by limited facilities.
Tatneft has developed guidelines for running expandable-profile liners in wells with complex geology, based on operations in Iran, China, and Tatarstan.
Repeated trial successes and the global need for new energy sources indicate that underground coal gasification (UCG) may be nearing commercialization.
