Inhibex 301 kinetic-gas hydrate inhibitor (KHI), which promises performance under a variety of gas types and conditions, now shows—after testing—it to work as a corrosion inhibitor (CI).
Anyone concerned about imported energy should find useful the simple proposition that raising production lowers imports unless consumption rises by the same amount.
In a surprise rally in the last few moments of trading Oct. 31 on the New York Mercantile Exchange, the front-month December contract for benchmark US light, sweet crudes surged upward to close at $67.81/bbl, up $1.85 for the day.
The US oil and gas industry, politically unpopular and publicly misunderstood, spent its political money on a losing cause in this year’s general election.
The Marcellus shale, which extends 575 miles across parts of three eastern US states, is thought to hold as much as 500 tcf of natural gas, about 50 tcf of which is considered recoverable.
In early October, top executives of two large independent production companies, Chesapeake Energy Corp. in Oklahoma City and XTO Energy Inc. in Fort Worth, separately sold large blocks of personally owned stock in their companies.
Suncor Energy Inc. and Petro-Canada are trimming their capital expenditure budgets and delaying some of the plans for their oil sands production projects next year.
The US Minerals Management Service could improve oversight of its oil and gas royalty-in-kind (RIK) program by verifying more production data through third parties and improving reports of benefits and costs, the Government Accountability Office said on Oct. 29.
Brazil’s Petroleo Brasilerio SA (Petrobras), even as it eyes greater output for the future, exported a record 574,000 b/d of oil in October, breaking the previous monthly high of 532,000 b/d in April.
Uncertainty was the hallmark of the 13th International Gas Summit in Paris Oct. 22-23, reflecting the current world financial turmoil and looming economic slowdown.
The ultradeep Gulf of Mexico shelf well known as Blackbeard has logged four “potential hydrocarbon-bearing zones below 30,067 ft,” said operator McMoRan Exploration Co., New Orleans.
Due to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick to existing time frames.
The freestanding hybrid riser concept allows decoupling the schedules of riser and floating production unit design, manufacture, and installation, providing flexibility should delays occur during FPU construction.
