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Editorial: Recruiting problems ahead
The oil and gas industry fretted about recruitment of engineers and scientists while it was scrambling to hire them in the boom years that now are history.
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Latin American oil, gas policies remain in flux
Oil and gas producing countries in Latin America have adopted diverse approaches to energy policy and the extent to which international companies are allowed to invest or operate in conjunction with the various national oil companies.
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Contractors to accelerate Chicontepec drilling
Pemex is in the process of awarding a series of contracts to service providers and drilling companies to accelerate production in Chicontepec, which was discovered during the 1920s.
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Low oil prices pinching Venezuela, minister says
Venezuelan Finance Minister Ali Rodriguez Araque said the drop in world oil prices will cause budget revenues of his country to be reformulated as well as changes in economic growth estimates, which are now 1-2%.
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Japan, Venezuela agree on oil, gas developments
Japan and Venezuela, following meetings in Tokyo between Venezuelan President Hugo Chavez and Japanese Prime Minister Taro Aso, have agreed to investments of $33.5 billion to develop oil and gas projects in Venezuela for Japanese markets.
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Putin: OAO Transneft to complete ESPO’s first phase ‘within weeks’
Russia’s Prime Minister Vladimir Putin on Apr. 7 said state-owned pipeline operator OAO Transneft will complete construction of the first phase of the East Siberia-Pacific Ocean (ESPO) oil pipeline “within weeks.
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Watching The World: Showdown in Uganda?
I s a showdown looming in Uganda? The oil and gas industry has heard much recently of developments in the country, not least the desire on the part of Ugandan officials to develop a refinery instead of an export pipeline.
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Hearing provides preview of US energy commodity reform
A US Senate Energy and Natural Resources subcommittee hearing on Mar. 25 showed the steps one congressional energy commodity reform advocate would like the federal government to take.
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Watching Government: Two views of line proposal
A proposal by US Sen. Maria Cantwell (D-Wash.) to amend a section of the Natural Gas Act so interstate gas pipelines would be subject to the same refund procedures as electricity suppliers has drawn differing reactions.
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DOI offers initial estimates of OCS oil and gas figures
The US Outer Continental Shelf holds an estimated 66-115 billion bbl of oil and 362-565 tcf of natural gas, the US Department of the Interior said.
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EIA conference: Ample US natural gas supplies pose challenges
US natural gas supplies are sufficiently ample that prices should continue in the $4-6/Mcf range for the near term, market observers said Apr. 7 during the US Energy Information Administration’s 2009 annual conference.
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Nanotechnology seen boosting recovery factors
Nanotechnology, the control of matter on the atomic and molecular scale, might someday boost the average global recovery factor of oil and gas by 10 percentage points, said an oil company executive at the RMI Oilfield Breakfast Forum in Houston Apr. 8.
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Minister: Qatar to complete North field study in 2012
Qatar expects in 2012 to have the results from its study analyzing the effects of its gas projects from the major North gas field, Qatar’s petroleum minister told OGJ.
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Role seen for integrated companies as NOCs grow more dominant
National oil companies will become increasingly dominant, but will need to work with investor-owned integrated firms, panelists said Apr. 7 during the US Energy Information Administration’s 2009 annual conference.
