High energy prices stem from supply-demand fundamentals rather than attempts by any type of traders to manipulate prices, US Commodities Futures Trading Commissioner Sharon Brown-Hruska said.
I have little quarrel with your comments about Congress’s failure to address oil supply, but you continually amaze me with your stubbornly consistent line on conservation.
A group of oil companies and geophysical contractors is sponsoring development of a software program designed to improve the detection of marine mammals near seismic surveys and in underwater activities requiring explosives.
The Australian government awarded Royal Dutch Shell PLC’s Australian unit 100% interest in a 1,000 sq km block in the Browse basin near giant Ichthys/Brewster offshore gas fields.
This part of the special report on India’s changing energy balance assesses the growing role the importation of natural gas via pipelines and LNG can play in meeting India’s future energy demand.
US President George W. Bush announced an advanced energy initiative aimed at reducing US dependence on imported oil in his state of the union address Jan. 31.
US Minerals Management Service Director Johnnie Burton questioned comparisons that apparently were the basis of allegations that federal natural gas royalty collections have not kept pace with rising prices.
National Petrochemical & Refiners Association Pres. Bob Slaughter disputed allegations that major oil company executives did not want to testify at a Feb. 1 Senate committee hearing on industry concentration and its possible impact on prices.
Saudi Arabia’s King Abdullah bin Abdulaziz al-Saud and Chinese President Hu Jintao, following a recent summit meeting in Beijing, have agreed to a landmark accord on oil, natural gas, and minerals as part of five main areas of cooperation between their two countries.
With today’s higher wellhead prices for crude and natural gas, governments of many producing countries are reexamining the fiscal terms of their production-sharing contracts (PSCs) in hopes of increasing their income.
OAO Lukoil discovered a multipay oil and gas-condensate field on the Severny license in the Caspian Sea, calling it Russia’s largest discovery in a decade.
A group led by Denbury Resources Inc., Dallas, gauged an apparently large Miocene discovery at a deep test in Gibson field in northern Terrebonne Parish.
A simulation with a compositional model improved the accuracy when compared with a black-oil model for predicting the performance of gas-lift wells in the Aghajari oil field in Iran.
This article represents the first of Oil & Gas Journal’s semiannual US Olefins series, which will alternate on a quarterly basis with the US Propane series.
Transportation and handling of LNG is not a zero-risk activity because of both potential accidents and intentional events, but new risk-based analysis approaches make risks that cannot be eliminated manageable.
