St. Augustine said it best: "Faith is to believe what we cannot see; and the reward of this faith is to see what we believe," in this particular case, the deleterious effects of man-made carbon dioxide emissions.
If you think stability has returned to the oil market, two Rice University researchers have a message that should slosh your coffee: The crisis isn't over.
The second-worst part of land management under US Interior Sec. Ken Salazar is duplicity. The worst part is a systematic slowdown in development of oil and gas resources.
US Interior Secretary Ken Salazar announced onshore federal oil and gas leasing reform which he said would provide producers greater certainty but which oil and gas groups argued would create delays.
An oil state US House Democrat strongly criticized Interior Secretary Ken Salazar for his characterizations of the oil and gas industry during a teleconference last week with reporters.
At first glance, the Jan. 6 letter to three key federal energy and environment policymakers from 14 trade associations about possible early approval of a higher ethanol content in motor fuels might have seemed routine.
A year ago, we were watching Madagascar's oil and gas industry, and the signs were not promising as demonstrators rampaged in the streets and set fire to an oil depot (OGJ, Feb. 2, 2009, p. 34).
US policymakers need to consider the unintended consequences of federal subsidies and tariffs that go to domestic ethanol producers, concluded a study from Rice University's Baker Institute for Public Policy.
Total Exploration & Production France on Jan. 11 inaugurated a carbon capture, transportation, and storage pilot project at the Lacq natural gas processing plant and industrial complex in southwestern France.
Chesapeake Energy Corp. announced a $2.25 billion joint venture agreement with Total E&P USA Inc. in which Total will acquire a 25% interest in Chesapeake's upstream Barnett shale assets.
Venezuela's Petroleos de Venezuela SA (PDVSA) and Italy's Eni SPA agreed to establish two joint ventures to produce and refine oil from the Junin 5 block in the Orinoco belt.
Continental Resources Inc., Enid, Okla., said an initial test of a horizontally drilled section of Scallion limestone in west-central North Dakota produced at an uneconomic 7-day rate of 65 b/d of oil and 37 Mcfd of associated gas and plans no further drilling at present.
Statoil late last year published an assay of its Aasgard Blend, a commingling of production from Smorbukk, Smorbukk South, Midgard, Mikkel, Kristin, Yttergryta, and Tyrihans fields in the Norwegian Sea.
Electromagnetic transducer technology in-line inspections are sufficiently sensitive to detect crack-like features as part of pipeline integrity management.
