Without exception, everyone interviewed for the special report beginning on p. 20, Agrifuels-Promise and Progress, expressed a desire to avoid unintended consequences.
A three-part editorial series concludes here with the last of 12 points in a monograph by two former US Federal Trade Commission officials entitled “A Dozen Facts You Should Know about Antitrust and the Oil Industry.
Futures prices for crude and petroleum products took unusual bounces in the last full week of July, influenced by a falling equities market and US economic growth with virtually no immediate changes in supply and demand.
Every option, from developing unconventional fossil fuel resources to pursuing renewable and other alternatives, will need to be pursued if the world expects to meet its growing energy demand through 2030, the National Petroleum Council concluded in a recent study.
Marathon Oil Corp., which is increasing capacities of its US refineries to handle heavy feedstocks, has agreed to buy Western Oil Sands Inc. for $6.5 billion (Can.) in a cash-and-stock deal that gives it a strong position in the Athabasca oil sands of northern Alberta.
US House Democratic leaders announced a wide-ranging energy bill on July 30 that incorporates work by the Energy and Commerce, Natural Resources, and other committees.
Skeptics may have wondered what a “conservation fee” on some holders of federal deepwater Gulf of Mexico leases issued in 1998 and 1999 without price thresholds had to do with a 5-year farm bill which the US House passed on July 27 with much fanfare.
Exploratory drilling will be increased late next year in the onshore portions of New Zealand’s East Coast basin as Trans-Orient Petroleum Ltd. begins a drilling program.
Over the past several decades, various methods have been proposed to evaluate drilling costs and complexity, but because of the large number of factors and events that affect drilling performance, predictive models have been difficult to construct.
Continuously operating distillate hydrotreaters at a finished ultralow-sulfur diesel (ULSD) product target just a few ppm below the requirement for refinery specifications to maintain a certain comfort level is uneconomic and will cost the refinery a significant loss of catalyst activity.
