Part 1-Complex factors cause recent gasoline price run-ups
During 1999-2006, US gasoline prices almost tripled, shocking consumers and spurring public debate about the causes of the increase.
Second-quarter results tumble for US, Canadian operators
The combined second-quarter 2007 earnings of a group of US-based producers and refiners slipped almost 10% from a year earlier, largely because of rising costs.
Worldwide E&P spending reaches record, study finds
Upstream investments worldwide increased 45% to $401 billion in 2006 compared with 2005, according to the 2007 Global Upstream Performance Review released Aug. 29 by John S. Herold Inc. and Harrison Lovegrove & Co. Ltd.
IFC to invest in Chinese coalbed methane project
World Bank division International Finance Corp. has agreed to invest $15 million to help a Houston overseas producer develop coalbed methane resources in China.
WATCHING GOVERNMENT: The Dingell energy plan
As Labor Day 2007 approached, the most persistent question within Washington, DC’s energy community was what Rep. John D. Dingell (D-Mich.) is planning.
DOJ will not challenge group’s jointly proposed nanotechnology research
The US Department of Justice will not challenge a proposal by a group of oil and gas producers, oil field service companies, and the University of Texas at Austin to jointly research and develop nanotechnology applications for oil and gas exploration and production.
WATCHING THE WORLD: Old bear, new teeth
If you think Russia is a trustworthy supplier of crude oil and natural gas, think again.