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Editorial: US refining under threat
The threat to US refining from misguided climate-change legislation has become chillingly clear.
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Special Report: POINT OF VIEW: Science is touchstone for new SEG president
The new president of the Society of Exploration Geophysicists tends to address geophysical progress in terms that go beyond practicalities such as identifying targets for oil and gas drilling.
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Salazar announces oil shale lease round, addenda inquiry
US Interior Secretary Ken Salazar announced a second round of federal oil shale leases on Oct. 20 with substantially different terms than the first round.
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Shale finds muddle Arctic development timing
The timing of oil and natural gas development in the Arctic, estimated to hold 22% of the world's undiscovered conventional oil and gas resources, has grown less predictable with massive discoveries of gas in the world's shales.
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MMS conditionally approves Shell's Beaufort Sea leases
The US Minerals Management Service approved Shell Offshore Inc.'s exploration plan for two Beaufort Sea leases with stringent conditions, the US Department of the Interior agency said on Oct. 19. Environmental groups immediately protested the action.
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Study estimates added costs of US energy production
US energy production and consumption cost an estimated $120 billion, primarily from motor vehicle and electric power plant emissions, beyond market prices in 2005, the National Research Council said in a study.
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Amended commodities reform bill clears House FS panel
The US House Financial Services Committee approved a bill on Oct. 15 that would regulate over—the—counter trades in commodity markets for some—but not all—participants.
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Watching Government: The categorical exclusion target
A 2005 National Energy Policy Act (NEPACT) provision designed to facilitate onshore drilling permit processing remains a target of advocates for far-reaching US oil and gas leasing reforms.
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House subcommittee passes chemical security bill
A US House subcommittee passed chemical security legislation Oct. 14 that critics said would change federal regulations that have not been fully implemented.
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Russia's Gazprom planning earlier start at Sakhalin-3's Kirinsky field
Russia's state-owned OAO Gazprom plans to start production at the Sakhalin-3 project's Kirinsky field in 2011 or 2012, 2-3 years ahead of schedule, according to a senior company executive.
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Watching The World: Whodunit in Georgia?
As if the oil and gas industry didn't already have enough problems on its hands, bombers struck a train in Georgia this week and reawakened memories of the conflict that occurred there just over a year ago.
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Holly to buy, integrate Sinclair refinery in Tulsa
Holly Corp. has entered a definitive agreement to purchase Sinclair Oil Corp.'s 75,000-b/d refinery in Tulsa and will integrate the facility with its 85,000-b/d refinery 2 miles away.
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Hearings on Senate's climate change bill to begin soon
The US Senate Environment and Public Works Committee will begin 3 days of hearings on Oct. 27 on the global climate-change bill that its chairwoman, Barbara Boxer (D-Calif.), and John F. Kerry (D-Mass.) introduced Sept. 30.
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NGSA: Economic recovery biggest variable in winter fuel outlook
The strength and pace of an economic recovery could be the single biggest variable in natural gas demand this winter heating season, the Natural Gas Supply Association said as it issued its annual forecast.
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CERI sees US economic gains from Canadian oil sands
Canadian oil sands development represents a potential economic boon that could lead to more than 342,000 new US jobs, concluded a Canadian Energy Research Institute study commissioned by the American Petroleum Institute.
