I read your article “Musings on ‘M,’” and I agree wholeheartedly about the confusing nature of certain abbreviations in our industry (OGJ, Oct. 27, 2008, p. 18).
If the Organization of Petroleum Exporting Countries can achieve just 60% compliance with the 1.5 million b/d production reduction voted at its Oct. 24 meeting, there would be at least a “small” reduction in consumer oil inventories through 2009, said analysts at KBC Market Services, a division of KBC Process Technology Ltd. in Surrey, UK.
Because political promises exist to be broken, no one would feel morally usurped if President-Elect Barack Obama ignored the energy program on which he and his running mate campaigned.
Oil & Gas Journal’s semiannual Worldwide Construction Update shows a slight increase in refining and petrochemical construction activity compared with the previous edition of the update (OGJ, Apr. 7, 2008, P.24).
Saudi Arabia’s Saudi Aramco and ConocoPhillips, citing uncertainties in financial and contracting markets, have agreed to halt the bidding process for construction of their planned 400,000 b/d export refinery at Yanbu.
How long have we been talking about Royal Dutch Shell PLC’s Corrib natural gas field development off the northwest coast of Ireland? Too long, but it looks like we’ll be talking about it even more in the future.
Saudi Arabia will account for 20.93% of Middle Eastern regional oil demand by 2012 while providing a dominant 40.71% of supply, according to a recent analyst report.
Shale gas plays helped US natural gas production increase within the last year, while US oil production continues to decline, said speakers at the Independent Petroleum Association of America’s annual meeting Nov. 11.
Voting machines had barely cooled down earlier this week before energy analysts began to evaluate the apparent election victory of Ill. Sen. Barack Obama.
Atlas Energy Resources LLC, Pittsburgh, plans to drill more than 100 horizontal wells to Devonian New Albany shale in southwestern Indiana by the end of 2009.
Encore Acquisition Co., Fort Worth, is exploring for oil in the highly overpressured Cretaceous Tuscaloosa marine shale and has accumulated 210,000 net acres along the Louisiana-Mississippi line east of the Mississippi River.
An estimated 2.4 tcf of natural gas and 9.8 million bbl of natural gas liquids lie beneath eastern Oregon and Washington, the US Geological Survey reported.
Researchers at COPPE/Federal University of Rio de Janeiro and Petrobras present a method for determining the necessary diameter-to-thickness ratio of tubulars corresponding to required minimum collapse pressures.
The global engineering contractor industry is experiencing a shortage of qualified manpower, according to a biennial survey of refiners and petrochemical producers.
Analyses assessing the possible use of a free-standing hybrid riser (FSHR) as part of an offshore field development export system should both thoroughly address fatigue damage during installation and determine the allowable sea states for deployment.
