One of the unfortunate characteristics of the oil and gas industry is its unwillingness to estimate the impact of government actions in terms that the public can relate to.
The US government's $3 billion Cash for Clunkers program, designed to put more fuel-efficient vehicles on the road, mainly involved deals that swapped used, full-size pickups for new, full-size pickups with barely better gasoline mileage, according to an Associated Press analysis of federal data.
Although one company doesn't represent a whole industry, a shrink-to-grow strategy adopted by ConocoPhillips illustrates pressures on the biggest operators in a world of shrinking opportunity.
Oil & Gas Journal's semiannual Worldwide Construction Update shows a decline in construction activity compared with the previous edition of the update (OGJ, Apr. 6, 2009, p. 22).
The US House approved a chemical and water security bill with a provision requiring inherently safer technology (IST) by a vote of 230 to 193 on Nov. 6, despite objections from the petroleum and other industries.
Days after one US Senate committee approved a climate change bill with a carbon cap-and-trade program, the chairman of another convened a hearing to examine the possible economic consequences.
Economists are generally hesitant about using "r" words. Many waited a year ago before admitting that the world had entered a recession. They're equally cautious now about any possible rebound.
In its 2009 World Energy Outlook (WEO), the International Energy Agency projects in its reference scenario that global energy demand will climb 40% between 2007 and 2030, and the agency says that the world's energy resources are adequate to meet this projected demand increase through 2030 and well beyond.
The Independent Petroleum Association of America will work to ensure that an upcoming study on hydraulic fracturing is scientific, based on facts, and includes input from the oil and gas industry as well as state regulators.
Although the oil sands industry will continue to develop in Alberta despite the jolt it received when oil prices plunged last year, total Canadian oil exports to the US face constraints, according to a study by the Center for Global Energy Studies, London, and Geopolitics Central, Calgary.
Abu Dhabi currently imports 740 MMscfd of natural gas from Qatar via the Dolphin Pipeline and likely would buy more if the Qatari gas moratorium were lifted, according to FACTS Global Energy (FGE).
Ireland's planning authority, An Bord Pleanala, has told Royal Dutch Shell PLC it is dissatisfied about the level of risk posed by the planned Corrib gas pipeline.
New technologies reveal that Lodgepole reef oil discoveries near Dickinson, ND, may be part of a supergiant oil field that covers a much larger area of the Williston basin.
The restaging of CO2 compressors and installation of injection pumps removed the bottleneck caused by the lack of reinjection compression capacity for the produced recycled gas at EnCana Corp.'s Weyburn Saskatchewan oil battery.
This article follows a 2006 article that introduced the Institute for Information Infrastructure Protection (I3P) and presented initial research findings and industry perspectives on cyber-security risks facing critical control systems in energy infrastructures.
