FACTS: Asia's product demand to rise 584,000 b/d/year to 2030
Petroleum product demand in Asia is projected to rise 584,000 b/d/year through 2030, with China accounting for 58% of regional incremental demand, said analysts at FACTS Global Energy Inc. in Singapore.
NY says frac ban would allow wide Marcellus access
New York state plans to reverse 2009 findings and ban high-volume hydraulic fracturing in the New York City and Syracuse watersheds, but it said 85% of lands underlain by the Marcellus shale would be accessible under its recommendations.
Oil, gas remains a target as Obama enters deficit debate
The oil and gas industry remained a primary tax target as US President Barack Obama took a more active role in federal deficit negotiations this week.
Watching Government: Progress and setbacks
If New Jersey didn't actually steal New York's hydraulic fracturing thunder in late June, the Garden State at least shared it.
EPA issues new draft air permits for Shell Alaska offshore projects
The US Environmental Protection Agency issued new draft air quality permits on July 1 for Shell Oil Co.'s proposed oil exploration operations in the Beaufort and Chukchi Seas off Alaska.
Alyeska releases TAPS low-flow impact study
Alyeska Pipeline Service Co.'s 'Low Flow Impact Study' of the Trans-Alaska Pipeline System warns of potential operations and safety issues if flow rate on the line drops below 350,000 b/d. TAPS, completed in 1977, transported 2 million b/d at its peak.
AGDC issues updated in-state Alaska gas line report
Alaska Gasline Development Corp. (AGDC) has issued an updated project plan for the Alaska Stand Alone Gas Pipeline (ASAP), outlining projected costs and timelines for the proposed 737-mile, 24-in.
US agencies agree to coordinate onshore air permit processes
The US Departments of the Interior and Agriculture and the Environmental Protection Agency reached a memorandum of understanding outlining an interagency approach to air-quality issues associated with oil and gas development on onshore public lands.
Watching The World: Ice Station Zebra?
There may be one or two members of the oil and gas industry who remember the 1968 action film, Ice Station Zebra, starring Rock Hudson and Ernest Borgnine, among others, which was loosely based on the 1963 novel of the same name.