While our elected leaders on Capitol Hill failed to acknowledge the need for immediate and extensive exploration efforts on both coasts and federal lands, thoughts have come to me from my reading of Oil & Gas Journal issues from the last 4 years: Recent advice from visiting Saudi parliament (Majlis-e-Shura) members could assure US lawmakers that it’s time to drill for new oil inside the US—to avoid additional price hikes for US citizens.
Pipeline safety typically refers to the potential threat, or lack thereof, posed by an existing or proposed oil or natural gas pipeline to the surrounding population and environment.
Crude prices fluctuated in a $12/bbl range July 7-11 on the New York Mercantile Exchange, falling sharply in the first two sessions as the US dollar strengthened then rebounding in the last two sessions to almost make up that loss.
In May, the Extractive Industries Transparency Initiative (EITI) published the “EITI Business Guide” to encourage oil and gas companies, as well as companies in other extractive industries, to support implementation of the EITI in countries that are developing or operating oil and gas assets.
Responding to congressional Republicans’ calls that he make the first move, US President George W. Bush has lifted a presidential withholding of oil and gas acreage leasing on the Outer Continental Shelf.
Oil and gas trade associations and other business groups applauded US President George W. Bush’s July 14 cancellation of an executive order banning oil and gas leasing on 85% of the Outer Continental Shelf.
Oil state Democrats in the US House seem caught in a dilemma. On one hand, their party leaders advocate energy solutions that do not include oil and gas.
The Organization of Petroleum Exporting Countries has released its oil outlook to 2030, citing various challenges to the oil market, including uncertainty of demand, rising costs, and environmental regulations.
The Middle East will play an increasingly important role in the world oil market as it emerges as a new export force, according to a new report from a prominent energy consulting firm.
The US Environmental Protection Agency (EPA) released proposals July 15 for a category of injection wells for long-term underground carbon dioxide storage as Congress contemplates carbon capture and storage (CCS) technology.
Oil and gas producers drilled over 50% more US exploratory wells in second-quarter 2008 than a year earlier, reported the American Petroleum Institute in its latest quarterly estimate of domestic well completions.
It should come as no surprise that airlines based in oil-producing nations were the main drivers of new aircraft orders last week at the biannual Farnborough International Air Show.
The RFID Oil & Gas Solution Group, a consortium of industry and universities based in Texas, offers research, study, and pilot deployment services to help improve automation, identify and control equipment, assets, tools, and related processes used in the oil and gas and petrochemical industries.
Piping Technology & Products Inc. manufactures various metal piping products, such as pipe shoes, pipe hangers, expansion joints, slide plates, etc. for the oil and gas industry.
Automated near-space monitoring of pipeline rectifiers offers a means of maintaining cathodic protection of pipeline networks without travelling to remote locations.
