Table of Contents

Oil & Gas Journal

06/13/2011
Volume 109, Issue 24
110613ogj cover
  • Regular Features

    • OGJ Newsletter
      International news for oil and gas professionals
    • Editorial

      • The Bernanke finesse
        Oil figured prominently in the important June 7 speech during which Federal Reserve Chairman Ben Bernanke offered a somber economic outlook while finessing a central question about fiscal policy. His comments left a wake sure to rock the oil and gas industry.
    • Advertisers Index
    • Market Journal

      • Comfortable with high oil prices
        Neither consumers nor governments are unhappy about high oil prices—as long as they are not too high, said Fereidun Fesharaki, chairman of FACTS Global Energy group.
    • The Editor's Perspective

    • Journally Speaking

      • Pipeline politics and China
        In preparing a presentation to the sales force of a large multinational company regarding the state of the global pipeline industry, the hosts requested that in addition to facts and figures describing the size and status of a number of large projects, some mention be made of the political obstacles each project faced.
    • EQUIPMENT | SOFTWARE | LITERATURE
  • General Interest

    • Watching Government: Questioning Macondo response
      The US House Oversight and Investigations Committee strongly criticized the US Department of the Interior's response to the Macondo deepwater well blowout and accident more than a year ago in a report issued before the committee's June 2 hearing on recovery efforts in the time since.
    • API warns EPA of consequences of unreasonable regulations
      The US Environmental Protection Agency needs to consider that overly burdensome regulations reduce investments by US businesses and cost jobs, an American Petroleum Institute spokesman said June 1, adding the EPA has not gone far enough to ease such regulations.
    • Watching The World: The Saudis go solar
      Before last week's meeting of the Organization of the Petroleum Exporting Countries, Saudi officials sure weren't talking much about oil.
    • Fitch: 'Reasonably sized' downstream deals to have modest impact
      Measured withdrawal from downstream operations by large integrated oil companies has slashed refinery acquisition values from high levels prevalent a few years ago.
    • Analysis: OPEC grinds down over politics at latest meeting
      The Organization of the Petroleum Exporting Countries normally likes numbers to run the show, but this week numbers took a decided back seat to politics as the group failed to reach a consensus over any output increase.
    • EXPLORATION/DEVELOPMENT BRIEFS
    • Groups seek ways for Cuba to gain access to US spill technology
      With a semisubmersible rig en route in a few more weeks to drill one of the first deepwater exploratory wells in Cuban waters sometime this fall, questions are being raised there and in the US whether trade embargo restrictions will deny Cuba and companies working there access to US spill control technology if an accident similar to the Macondo blowout occurs off Cuba.
    • CAPP sees robust growth for Canadian oil production
      Canadian oil production will increase to 4.7 million b/d in 2025 from 2.8 million b/d in 2010, according to the latest forecast from the Canadian Association of Petroleum Producers (CAPP).
    • House committee passes bill to speed EPA permitting process
      The US House Energy and Commerce Committee passed a bill aimed at removing bureaucratic obstacles from US energy development by expediting the Environmental Protection Agency's permitting process.
    • PHMSA reverses order, lets TransCanada restart Keystone line
      Just a day after ordering a TransCanada Corp. subsidiary to make necessary repairs and address safety issues arising from leaks last month along the Keystone oil pipeline, the US Pipeline and Hazardous Materials Safety Administration gave TransCanada Oil Pipeline Operations Inc. permission on June 4 to restart the system.
    • CAODC sees increased western Canada drilling activity
      The Canadian Association of Oilwell Drilling Contractors (CAODC) in its latest drilling forecast for western Canada expects a 24% increase in rig activity during the last three quarters of 2011 compared with its Oct. 22, 2010, forecast.
Related Articles

API to issue recommended practice to address pipeline safety

07/01/2015 The American Petroleum Institute expects to issue a new recommended practice in another few weeks that addresses pipeline safety issues, but the tr...

Shell Midstream Partners takes interest in Poseidon oil pipeline

07/01/2015 Shell Midstream Partners LP has completed its acquisition of 36% equity interest in Poseidon Oil Pipeline Co. LLC from Equilon Enterprises LLC, a s...

SIBUR plans MTBE expansion at Togliattikauchuk

07/01/2015 Russian conglomerate OAO SIBUR Holding, Moscow, has started preparatory work for a project designed to expand production capacity for methyl tertia...

Shell makes FID on Appomattox deepwater development in Gulf of Mexico

07/01/2015 Royal Dutch Shell PLC has taken a final investment decision (FID) on the Appomattox deepwater development, authorizing construction and installatio...

MARKET WATCH: Oil prices decline as US crude inventories post first gain in 9 weeks

07/01/2015 Oil prices on July 1 surrendered much of their gains from the day before after the release of a government report showing the first rise in US crud...

BHP, Woodside move to decommission Stybarrow field

07/01/2015 BHP Billiton Ltd. and Woodside Petroleum Ltd. have started preparations for decommissioning of the Stybarrow group of oil fields in production lice...

Woodside-led Browse FLNG venture enters FEED phase

07/01/2015 The Woodside Petroleum Ltd.-led Browse LNG joint venture has entered the front-end engineering and design phase for a floating LNG (FLNG) developme...

Tullow Oil provides production update on Jubilee, other fields

07/01/2015 Tullow Oil PLC reported that gross production for the Jubilee field offshore Ghana averaged 105,000 b/d in this year’s first half, up from 102,000 ...

Statoil to suspend Scarabeo 5 drilling rig

07/01/2015 Due to overcapacity in its rig portfolio, Statoil ASA said it has decided to suspend Saipem’s Scarabeo 5 dynamically position drilling rig after it...
White Papers

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by
Available Webcasts


Operating a Sustainable Oil & Gas Supply Chain in North America

When Wed, Oct 7, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.

register:WEBCAST


The Resilient Oilfield in the Internet of Things World

When Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.

register:WEBCAST



On Demand

Taking the Headache out of Fuel License and Exemption Certificates: How to Ensure Compliance

Tue, Aug 25, 2015

This webinar, brought to you by Avalara, will detail the challenges of tax document management, as well as recommend solutions for fuel suppliers. You will learn:

-    Why it’s critical to track business partner licenses and exemption documents
-    The four key business challenges of ensuring tax compliance through document management
-    Best practice business processes to minimize exposure to tax errors

register:WEBCAST


Driving Growth and Efficiency with Deep Insights into Operational Data

Wed, Aug 19, 2015

Capitalizing on today’s momentum in Oil & Gas requires operational excellence based on a clear view of what your business data is telling you. Which is why nearly half* of oil and gas companies have deployed SAP HANA or have it on their roadmap.

Join SAP and Red Hat to learn more about using data to drive process improvements and identify new opportunities with the SAP HANA platform running on Red Hat Enterprise Linux. This webinar will also show how your choice of infrastructure impacts the performance of core business applications and your ability to achieve data-driven insights quickly and reliably.

*48% use SAP, http://go.sap.com/solution/industry/oil-gas.html

register:WEBCAST


Looking for past issues? Click here.

Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected