SPECIAL REPORT: US ethanol forecast identifies refiner, marketer opportunities
This spring, US ethanol production capacity and imports are expected to exceed blenders’ current ability to blend ethanol into gasoline.
US group earnings up in 2006, down in year’s fourth quarter
Fourth-quarter and full-year 2006 earnings results were mixed for oil and gas firms based in the US and Canada.
FTC: US energy markets kept competitive in 2006
The US Federal Trade Commission aggressively used its authority during 2006 to keep US retail energy markets competitive, FTC Chairwoman Deborah Platt Majoras told a US Senate subcommittee Mar. 7.
WATCHING GOVERNMENT: Budgets snub oil, gas R&D
Once considered a national investment, federal support for oil and gas research and development has fallen out of political favor.
BLM revises onshore public land regulations
The US Bureau of Land Management has published final revised regulations for oil and gas activity on onshore public lands.
Spending rising for Canadian oil sands projects
Canadian oil sands projects recently have seen a major increase in capital costs per peak flowing barrel, which is putting pressure on returns on investment in an area where project economics are already considered relatively marginal, said Wood Mackenzie in its report, “The Cost of Playing in the Oil Sands.”
WATCHING THE WORLD: Sugar in the ethanol bank
These days, everyone’s getting on the bandwagon for increased production of ethanol, from World Bank Pres. Paul Wolfowitz to US corn farmers.
MMS proposes revisions in its OCS requirements
Offshore lessees would be required to measure all flared and vented natural gas on facilities producing more than 2,000 b/d of oil under changes the US Minerals Management Service proposed to its Outer Continental Shelf production requirements.