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Editorial: Markey uses the d–word
US Rep. Ed Markey (D–Mass.) deployed the d–word as he opened subcommittee hearings on legislation calling for aggressive action on climate change.
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Special Report: Economic slump to chill capital spending in 2009
Oil and gas producers—slammed by the worldwide economic downturn, lower oil and gas prices, and tight credit markets—have slashed their 2009 capital budget plans.
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Figures show recession’s impact on US industry in 1Q
Government and industry statistics show that the US oil and gas industry was hit hard as the economic recession deepened during this year’s first quarter.
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Stanislaw: Administration will bring oil, gas to energy policy table
The US oil and gas industry should prepare to be actively involved as the administration of President Barack Obama applies its recovery–and–reform strategy to energy and the environment, a leading consultant said on Apr. 20.
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EPA issues proposed endangerment finding on GHGs
Greenhouse gases (GHGs) contribute to air pollution, which may threaten public health or welfare, the US Environmental Protection Agency said on Apr. 17.
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Watching Government: Perceptions and bad policy
Government policymakers are often criticized for making the wrong decisions about energy.
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BMI sees ‘no clear pattern’ emerging for products market
Analyst BMI says weaker demand for diesel in road transport use, gas oil for manufacturing and industrial applications, and falling jet fuel consumption have acted in concert “to pull the rug from under the middle distillates market.
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Watching The World: Having Al–Bashir’s back
A nyone in the oil and gas industry who thought that Sudanese President Omar Al–Bashir would soon be out of the picture may want to think again.
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Indonesia changes rules for oil, gas cost recovery
The Indonesian government, responding to criticism of current cost recovery procedures in the oil and gas industry, has drafted new rules that will reduce national expenditure by redefining some cost components as downstream instead of upstream.
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Global drilling spend to increase by 32% by 2013
The global drilling market is expected to pick up by 2013 with deepwater rigs driving the growth, according to data from Douglas–Westwood Ltd. and Energyfiles.
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USGS updates Piceance basin oil shale assessments
The US Geological Survey said western Colorado’s Piceance basin has an estimated 1.525 trillion bbl of in-place oil shale.
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First quarter US drilling plunges to 2004 levels
US oil and gas drilling during the first quarter dropped to levels not seen since 2004, ending 6 consecutive years of year–to–year growth for the period, reported the American Petroleum Institute Apr. 15.