China fills first SPR site, faces oil, pipeline issues
After 10 years of indecision, China is building a strategic petroleum reserve (SPR) to protect against possible oil supply cutoffs and is addressing the companion issues of securing sufficient oil and improving the country’s pipeline and refining infrastructure to accommodate the reserves.
Mulva: Industry must ‘act with courage and forethought’ on energy
US energy policies should diversify sources, lower carbon intensity, improve energy efficiency, and encourage investments in new technologies, recommended ConocoPhillips Chief Executive James J. Mulva in a July 19 luncheon address at the US Chamber of Commerce.
MMS: Ultradeepwater gulf drilling remains strong
A record number of drilling rigs are currently working in the ultradeep water in the Gulf of Mexico, according to the US Minerals Management Service.
WATCHING GOVERNMENT: Rockies price event planned
Rocky Mountain oil producers think they aren’t getting a fair price. Royalty owners and state governments agree.
New BLM director faces Colorado leasing protests
The US Senate voted to confirm James L. Caswell as US Bureau of Land Management director on Aug. 3 after Sen. Ken Salazar (D-Colo.) removed the hold he had placed on the nomination.
Nigeria’s president assumes energy minister role
Umaru Yar’Adua, Nigeria’s new president, has taken on the responsibilities of the energy ministry and has appointed three junior ministers to support him in the role.
WATCHING THE WORLD: The Chavez oil evangel
Is oil diplomacy driving Venezuelan President Hugo Chavez over the edge? If I compared myself with Jesus, most people would think me a candidate for a straitjacket.
Trans-Sahara gas line start-up planned for 2015
Nigeria, Algeria, and Niger hope to start gas exports via the proposed 18-25 billion cu m/year Trans-Sahara gas pipeline (TSGP) in 2015, Algeria’s energy minister, Chakib Khelil told OGJ at the Trans-Sahara Gas Pipeline Conference in Brussels July 9.