-
Editorial: A chance to play offense
The US oil and gas industry will enter 2009 needing to play hard political defense.
-
Iran’s rationing system working to control gasoline consumption
The launch in 2007 of an elaborate gasoline rationing system by Iranian President Mahmoud Ahmadinejad’s cabinet to help stem that country’s gasoline consumption was initially met with both skepticism and discontent.
-
Emboldened Somali pirates hijack Saudi Aramco tanker
In a clear sign of their determination to escalate attacks on international oil shipping, Somali pirates operating on the high seas southeast of Mombassa, Kenya, Nov. 15, have hijacked the Liberian-flagged Sirius Star, a very large crude carrier owned by Saudi Aramco and operated by Vela International.
-
Watching The World: The ‘arc of instability’
If the oil and gas industry expected comforting news from the election of Barack Obama as US president, it may need a rethink–especially when it comes to the al-Qaeda terrorist organization.
-
Turkey pipeline blast rekindles security concerns
Oil has resumed flowing through one of the twin Kirkuk-Ceyhan pipelines following an explosion on one of the lines near the town of Bozova, in the mainly Kurdish province of Sanliurfa in southeastern Turkey.
-
Brazil officials clash over financial crisis’ impact on E&P
Brazilian officials have issued conflicting statements concerning the potential impact of the current global financial crisis–as well as other issues–on the exploration and development of the country’s subsalt layer.
-
Bodman: Caspian remains vital to global energy security
US Secretary of Energy Samuel W. Bodman, recalling the recent conflict between Russia and Georgia, reaffirmed the need for Europe to diversify its sources of energy and stressed the role of the Caspian region in promoting energy security.
-
BLM finalizes oil shale regulations
The US Bureau of Land Management published final regulations on Nov. 17 to establish a commercial oil shale development program on public lands in Colorado, Utah, and Wyoming.
-
Slump’s varied effects present mixed opportunities
The varying effects of economic troubles on exporting countries and national oil companies present a mixed slate of opportunities to international oil companies with cash to invest.
-
Cazalot: US at risk of losing energy security race
The US is running the risk of losing the global race for energy, said Marathon Oil Corp. Chief Executive Officer Clarence Cazalot at a recent American Petroleum Institute meeting in Houston.
-
BTC oil pipeline to boost throughput by yearend
The Baku-Tblisi-Ceyhan oil pipeline will resume shipments of 1 million b/d by the yearend, according to Azerbaijan’s Energy Minister Natiq Aliyev.
-
Japan ‘unlikely’ to buy on LNG spot market this winter
Japan is unlikely to purchase further cargoes of LNG on the spot market this winter, according to Akio Nomura, chairman of Osaka Gas Co. Ltd. and the Japan Gas Association.
-
Nigeria president proposes Lukman as oil minister
Nigeria’s Rilwanu Lukman, former president of the Organization of Petroleum Exporting Countries, has been nominated to lead Nigeria’s Ministry of Petroleum Resources.
