In the article entitled “Ridgeway to delineate CO2 field, eyes Permian EOR” (OGJ, May 28, 2007, p. 41), the statement was made that none of the 26 wells has encountered oil or natural gas, which is incorrect.
US drivers continue to harbor the notion that they can have it all: gasoline prices that won’t affect their driving habits, less carbon dioxide emissions, and a broader menu of cleaner fuels.
As if rising sea levels and malaria plagues weren’t frightening enough, the world has another malign effect of global warming over which to panic: poison ivy.
Increasing global demand for crude and natural production declines have diminished the excess productive capacity of the Organization of Petroleum Exporting Countries and its power to manipulate oil prices, said analysts J. Marshall Adkins and Collin Gerry in the Houston office of Raymond James & Associates Inc.
Increasing scrutiny this year of TNK-BP’s Siberian natural gas assets and actions subsequently taken follow unsettling patterns of behavior in the way the Russian government has been running its gas business.
The US Chemical Safety and Hazard Investigation Board (CSB) needs more funding and authority if it is to be truly effective, witnesses told a US Senate subcommittee July 10.
Amid the current clamor for biofuels development came cautions from a number of speakers at the first International Biofuels Conference in Brussels July 5-6 that biofuels are “no panacea” and that potential drawbacks need to be identified and avoided.
The US Department of the Interior issued a research, development, and demonstration (RD&D) lease June 28 to Oil Shale Exploration Co. LLC of Mobile, Ala., for 160 acres of public land in eastern Utah.
Bolivia Vice-President Alvaro Garcia Linera has given assurances that his country will make every effort to meet Argentina’s rapidly increasing needs for natural gas.
Ecuador is taking steps to boost the country’s production of oil after output from state-run Petroecuador declined 14% during the first half of this year compared with the same period in 2006.
An option available to petroleum producers for protecting facilities in high-lightning-risk areas is to install lightning-prevention arrays such as developed by Lightning Eliminators and Consultants Inc. (LEC), Boulder, Colo.
The global ethylene industry added only 245,100 tonnes/year (tpy) of capacity in 2006, a large decrease from the 2005 addition of 4.4 million tpy, according to the latest Oil & Gas Journal survey.
Tanker market earnings for the half-year ended March 2007 were largely unchanged even while market rates eroded as the fleet expanded, leading to forecasts of softer market conditions ahead.
