-
AAPG recommends probabilistic methods for reserves disclosures
The American Association of Petroleum Geologists president promotes wider reliance than exists now on probabilistic methods of estimating oil and gas reserves.
-
Editorial: Antitrust misperceptions
To its targets, the oil and gas antitrust reform bill introduced in the US Senate this month will do little more than irritate.
-
Governor to weaken Virginia’s OCS leasing initiative
Virginia Gov. Timothy M. Kaine plans to amend a bill passed by the commonwealth's general assembly that would have supported lifting a moratorium on natural gas leasing and development on the Outer Continental shelf from 2006 through 2012.
-
Groups urge MMS to expand 5-year OCS lease sale plan
Six oil and gas associations have asked the US Minerals Management Service to expand Outer Continental Shelf lease sale areas beyond those listed in the proposed 5-year program.
-
Norway awards 13 licenses
The Norwegian Ministry of Petroleum and Energy, in Norway’s 19th licensing round, awarded 17 companies interests in 13 production licenses covering 33 blocks or parts of blocks on the Norwegian continental shelf.
-
NPRA faults Senate antitrust reform bill
An antitrust reform bill that US Senate Judiciary Committee Chairman Arlen Specter (R-Pa. and other senators introduced last week is based on incorrect assumptions and would do substantial harm to US refiners, the National Petrochemical & Refiners Association said Apr. 10 see p. 24.
-
Pertamina hits snag in gas deliveries
Indonesia’s state-run PT Pertamina is having difficulty meeting contracts with local firms for the supply of natural gas although it plans to boost domestic gas deliveries when a new pipeline opens in July.
-
Quest under way for universal oil and gas reserves standard
An international effort is making progress toward a common framework for defining and estimating oil and gas reserves.
-
Specter, Kohl introduce antitrust reform bill
Senate Judiciary Committee leaders and members introduced an antitrust reform bill Apr. 6 that is directed at US oil and gas companies and overseas producers.
-
Watching Government: Lousiana's OCS gambit
How likely is it that Louisiana-which has supported oil and gas development off its coast-will try to delay or block an Outer Continental Shelf lease sale scheduled for this summer?
-
Watching the World: Cuba si, Yanquis no
Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) has formed a joint venture with Cuba’s Cupet to revamp the unfinished Cienfuegos refinery.