-
SPECIAL REPORT: Rise seen in sulfur, refining construction projects
Oil & Gas Journal’s semiannual Worldwide Construction Update shows a slight increase in refining and sulfur projects in the engineering stage as well as gas processing construction activity compared with the previous edition of the update.
-
Lawmaker urges majors to spend more on alternatives
Saying that the poorest US families now spend 10% of their annual incomes on gasoline because of high oil prices, a US House committee chairman said that major oil companies should direct a similar portion of their profits to alternate energy research and development.
-
API: Oil costs remain key gasoline price influence
Oil costs, and not refinery turnarounds, are primarily responsible for higher gasoline prices, American Petroleum Institute officials said.
-
WATCHING GOVERNMENT: US law targets Canada’s oil sands
A provision that was inserted into the Energy Independence and Security Act of 2007 (EISA 2007) to keep the US Air Force from developing coal-to-liquids (CTL) fuels could limit imports of Canadian oil produced from tar sands.
-
Shell officials outline routes to world’s energy future
The world’s energy producers, consumers, and governments could either cooperate or “scramble” as they try to solve major energy and environment problems, two Royal Dutch Shell PLC executives said on Apr. 1.
-
RMI: Challenges affecting many US energy elements
National oil companies (NOCs), which now have “superior access to resources and booming domestic markets,” made two thirds of the largest oil and gas discoveries in 2007, said Parker Drilling Co. Chairman and Chief Executive Robert L. Parker Jr. at the RMI Oilfield Breakfast Forum in Houston Mar. 28.
-
IEA: Non-OPEC output decline rates lower than believed
The combined production decline rate for countries outside the Organization of Petroleum Exporting Countries is steadier and less steep than is generally believed, according to the International Energy Agency, Paris.
-
EPA signs more-stringent air quality standard
The US Environmental Protection Agency on Mar. 12 signed its most stringent standard for ground-level ozone, revising the standards for the first time in more than a decade.
-
Colorado state agency releases draft oil, gas rules
The Colorado Oil & Gas Conservation Commission (OGCC) released a set of proposed rules Mar. 31 that are open to public comment, and a final OGCC decision on the rules is expected in July.
-
WATCHING THE WORLD: Colombia’s 2020 oil vision
Colombia hopes to raise its oil production to 1 million b/d by 2020if its neighbors Ecuador, Venezuela, and Nicaragua will allow it.
-
Europia: EU must issue policies that help refiners compete
The European Union should provide its refining companies with “a globally competitive level playing field” to help them face the “important” challenges of the next years and make the needed investments, said Panos E. Cavoulacos, president of the 17-member refining trade group Europia.