Oil, gas prices boost producers’ 2Q earnings
US-based oil and gas producers and refiners reported higher second-quarter 2008 earnings as a group, but individual company results were highly varied.
Voters gear up for serious energy talk, official says
The American public is ready for energy solutions that look beyond traditional positions currently dominating political debate, a US Chamber of Commerce executive suggested at an Aug. 18 Houston energy conference.
Democrats’ platform touts ‘comprehensive’ energy plan
While at their 2008 national convention in Denver, Democrats presented a campaign platform that included an immediate rebate for consumers confronting high gasoline prices and billions of dollars in investments to “establish a green energy sector that will create up to 5 million new jobs.
Dealing with CSB’s ‘investigative gap’
The Government Accountability Office has concluded that the US Chemical Safety and Hazard Investigation Board (CSB) could investigate more accidents if it would use its statutory authority to solicit other entities’ work in some cases.
Senate energy plan’s bipartisan support grows
Six more US senators have expressed support for a bipartisan energy proposal that includes opening more of the Outer Continental Shelf for leasing.
NPRA asks House to resist contradictory energy policy
Opening limited areas of the Outer Continental Shelf while enacting so-called “Use it or lose it” legislation and other counterproductive measures would be a mistake, said National Petrochemical & Refining Association Pres. Charles T. Drevna on Aug. 22.
US House Speaker Pelosi lists conditions for OCS vote
US House Speaker Nancy Pelosi (D-Calif.) endorsed natural gas as a transition to alternative fuels but continued to place conditions on a possible vote to open more of the Outer Continental Shelf for oil and gas leasing.
China’s LPG production edges up, imports slide further
China’s 2007 LPG output maintained its steady increase since 2002, while LPG imports continued their 5-year slide, according to a recently released study by FACTS Global Energy (FGE), Honolulu.
BP reopens BTC oil pipeline; rail line blasted
BP PLC has reopened the Baku-Tbilisi-Ceyhan (BTC) oil pipeline through conflict-stricken Georgia, and normal operations are under way.
Let’s not forget Khodorkovsky
The fate of Russian oilman Mikhail Khodorkovsky has been written about before in this space and he has not been forgotten, especially in the heat of recent reports of Russia’s attack on Georgia.