SPECIAL REPORT: Competition reshaping African deal structures
With a reform effort under way in its premier oil producer and with production climbing elsewhere in the region, Africa remains a prime target for international oil and gas investment.
SPECIAL REPORT: Ghana due first oil output in 2010 with Jubilee start-up
Tullow Oil PLC will make history when it delivers first oil from Jubilee oil field off Ghana in 2010 through a floating production, storage, and offloading vessel.
SPECIAL REPORT: African producers grapple with issues of transparency
Despite billions of dollars in revenue from oil exports, many African oil-producing countries continue to suffer poverty and disease, largely due to corruption, conflict, and mismanagement.
House passes bill to create oil antitrust task force within DOJ
The US House passed, by a vote of 324 to 84, a bill that would create a new oil antitrust task force within the Department of Justice.
MMS prepares for 2008 hurricane season
Officials from the US Department of the Interior’s Minerals Management Service participated in a media forum May 15 with representatives from the US Coast Guard and the American Petroleum Institute to discuss new final rules regarding enhanced information on hurricane conditions.
Oil shale debate becomes ‘chicken-or-the-egg’ question
The question of “which comes first?” was dominant as oil shale development proponents told a US Senate committee May 15 that regulations need to be developed, and opponents said impacts need to be quantified.
WATCHING GOVERNMENT: FTC has new book to throw
When he came before the Senate Appropriations Committee’s Financial Services and General Government Subcommittee on May 14, Federal Trade Commission Chairman William E. Kovacic told the chairman, Richard J. Durbin (D-Ill.), exactly what he wanted to hear.
Studies call for climate change policy from government
Recent studies indicate that corporate pressure is building globally for lawmakers to address climate change.
Murkowski asks Senate to swiftly ratify Law of the Sea treaty
The US could forfeit several billion barrels of oil equivalent if the Senate doesn’t ratify the Law of the Sea treaty soon, warned Sen. Lisa Murkowski (R-Alas.) in a May 8 floor speech.
WATCHING THE WORLD: Shell blasted over Iraq oil
Political activists say Royal Dutch Shell threatens to trigger greater conflict in Iraq with plans to control the development, production, and depletion of the country’s oil.