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Editorial: Obama and climate change
The problem with being president of the United States is that the holder of the office must balance priorities, make ultimate compromises, and still lead.
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Special Report: Oil industry ramps up for hydrogen vehicles
In the coming decades, demand for energy in the world will increase significantly, while access to “easy oil” will become more difficult, and the threats of global warming will continue to grow.
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Special Report: Industry high grading alternative energy assets
Oil companies are rearranging and fine tuning their alternative energy assets to determine which ones they want to pursue for pilot demonstration projects and eventual commercialization, an industry consultant believes.
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CGES: Russia grappling with faulty oil export tax system
Russian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices that started in early July.
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WoodMac: Natural gas to trade at $5-6/MMbtu to 2013
US natural gas is expected to trade at $5-6/MMbtu over the next 5 years, said an executive of Wood Mackenzie Ltd., Edinburgh, at a recent energy forum sponsored by that firm in Houston.
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Analyst sees Libya’s oil, gas production rising
Libya will supply 17.37% of Africa’s regional oil supply by 2012, while accounting for about 7.45% of African oil demand, according to a recent BMI analyst report.
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Watching The World: Cash flows to ice floes
No one can be sure if Santa Claus exists, but oil and gas companies may soon find out as more of them head toward the North Pole in the search for new reserves.
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Watching Government: Republicans on the rise
Two congressional Republicans are poised to move into important positions for the oil and gas industry as the US Senate and House change committee assignments.
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BLM Utah head defers leases in response to NPS concerns
Two congressional Republicans are poised to move into important positions for the oil and gas industry as the US Senate and House change committee assignments.
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Saudi Aramco delays fourth development project
Saudi Aramco, continuing to review and delay development projects in the light of the global financial crisis, has cancelled plans for a $1.2 billion project to restart production from its historic Dammam oil field.
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US, Canadian producers post strong 3Q results
Record oil prices in July and strong refining margins in September resulted in a surge in earnings for a group of US-based oil and gas producers and refiners for the third quarter of this year.
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