I should like respectfully to comment on the article in which you attack Rep. John Dingell’s suggestion that the government should take action to reduce consumption as part of a climate change policy.
In US energy politics, the prime mover is price. Yet politicians fortify their energy initiatives with other, seemingly steadier motives, probably because they’ve learned that prices fluctuate.
Crude futures prices rebounded more than $10/bbl in the first 3 weeks of September to a record high of $83.90/bbl Sept. 20 on the New York Mercantile Exchange then fluctuated in a $5/bbl range below that, subsequently closing at $81.22/bbl Oct. 5.
Independent oil and gas producers are moving into traditional producing areas of the UK Continental Shelf (UKCS) as major companies move toward technologically the region’s challenging frontiers or out altogether.
US independent oil and gas producers and their industry associations are fighting a political storm as energy bills that would hamper their work head toward a House-Senate conference.
An estimated $180 billion will be spent on onshore pipeline projects worldwide through 2012, says Douglas-Westwood analysts in a new study, “The World Onshore Pipelines Report 2008-12.”
Conventional natural gas supplies from basins currently restricted for exploration and development will be needed if the US adopts greenhouse gas (GHG) emissions reduction mandates, the Natural Gas Council said Oct. 3.
The changing of the Republican leadership on the US Senate Energy and Natural Resources Committee is a relatively small consequence of Pete V. Domenici’s deciding not to seek reelection in 2008 for health reasons.
Rowan Cos. Inc. has pleaded guilty to three felonies involving the discharge of pollutants and garbage into the Gulf of Mexico from the Rowan-Midland drilling rig, the US Department of Justice reported.
Total SA Chief Executive Christophe de Margerie, in an interview with Le Monde newspaper, has affirmed that his company will continue to work in Iran and Myanmar despite pressure coming from government and nongovernmental organizations (NGOs).
Numerous opportunities may have gone unevaluated in Norwood Resources Ltd.’s initial two-well program in the remote Sandino basin in nonproducing Nicaragua, a consulting engineer’s report indicated.
Kazakhstan authorities have imposed a $609 million fine on Tengizchevroil (TCO), the Chevron Corp.-led consortium developing giant Tengiz oil field, for alleged violations of national environmental legislation.
Kazakhstan will not revise the terms of its contract with the Eni SPA-led consortium developing Kashagan oil field, according to Kazakh President Nursultan Nazarbayev.
JSC KazMunaiGas Exploration Production (KMG EP) will buy a 50% stake in Citic Canada Energy Ltd. for $930 million, which will provide access to the Karazhanbas field in western Kazakhstan.
In US congressional hearings last week, Iraq’s central government was accused of reverting to its old ways, with control of the country’s oil reserves a mainstay of that effort.
In the first part of this article, we provided an overview of the value BP will derive from a broad service-oriented architecture (SOA) program as well as the issues that exist today in realizing this desire.
The sharp recent rise in well drilling and particularly well stimulation costs has led to the concern that much of the US unconventional gas resource may be becoming uneconomic.
This article examines the economic and policy factors that have played a large role in the US motor fuels market, and quantifies future outcomes based on a range of possible economic and policy conditions.