Table of Contents

Oil & Gas Journal

07/25/2011
Volume 109, Issue 30
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  • Regular Features

    • Journally Speaking

      • Trucking the Bakken
        The North Dakota Petroleum Council worked jointly with state officials to develop a Drive Safely public service campaign.
    • Editorial

      • Testing oil potential
        Cessation of oil production in Libya has refocused attention on an important question with no easy answer: How much oil can the world produce?
    • EQUIPMENT | SOFTWARE | LITERATURE
    • Advertisers Index
    • The Editor's Perspective

      • Tapping oil hoard effective, IEA says; But was it right?
        The International Energy Agency has responded to critics of its June announcement of a 60-million-bbl withdrawal of oil from strategic storage by saluting market liquidity and proclaiming, "We take a resolutely positive view so far."
    • Market Journal

      • Price dislocation in benchmark crudes
        The unusual persistent price dislocation between West Texas Intermediate and other benchmark crudes is affecting returns to commodity investors, said analysts at Barclays Capital in London.
    • OGJ Newsletter
      International news for oil and gas professionals
  • General Interest

    • PHMSA chief: Silvertip oil line surpassed burial rules
      ExxonMobil Pipeline Co. (Empco) exceeded burial requirements for its Silvertip crude oil pipeline in Montana before it ruptured on July 1 and leaked 1,000 bbl into the Yellowstone River, the director of the US Pipeline and Hazardous Materials Safety Administration told a US House Transportation and Infrastructure subcommittee.
    • Eliminating all safety exemptions could backfire, states warn
      Eliminating all government agency exemptions as a condition for states to remain eligible for federal one-call and damage prevention grants would do more harm than good, a state pipeline regulator warned a US House Energy and Power Committee subcommittee on July 15.
    • API, other groups urge EPA to shelve ozone rule
      The American Petroleum Institute and other leading industry associations urged the Obama administration to set aside new ozone standards that the US Environmental Protection Agency appears poised to issue by the end of the month.
    • Bromwich: Divided BOEMRE will be more, not less, efficient
      The US Bureau of Ocean Energy Management, Regulation, and Enforcement has tried to clearly delineate safety and environmental responsibilities as it prepares to split into two separate agencies on Oct. 1, BOEMRE Director Michael R. Bromwich told a US House committee.
    • Watching Government: ONRR supplies rest of story
      The US House Natural Resources Committee (NRC) on July 15 heard from Michael R. Bromwich, director of the US Bureau of Ocean Energy Management, Regulation, and Enforcement, about the ongoing reorganization of the former US Minerals Management Service.
    • ConocoPhillips to split into upstream, downstream firms
      ConocoPhillips plans to separate its upstream and downstream businesses into two stand-alone, publicly traded corporations via a tax-free spinoff of the refining and marketing business to ConocoPhillips shareholders.
    • Petrovietnam eyes ConocoPhillips's offshore stakes
      State-owned Petrovietnam said it is considering the purchase of ConocoPhillips's shares in three oil and gas projects off Vietnam valued at $1.5 billion.
    • CNOOC to acquire OPTI Canada for $2.1 billion
      A unit of CNOOC Ltd. will pay $2.1 billion for Canadian oil sands producer OPTI Canada Inc., Calgary, which filed on July 13 for creditor protection under Canada's Companies' Creditors Arrangement Act.
    • BHP Billiton to buy Petrohawk in $12.1 billion deal
      BHP Billiton Petroleum will acquire Petrohawk Energy Corp., Houston, for $12.1 billion, giving the Australian firm operated positions in the US Eagle Ford and Haynesville shale resource plays and the Permian basin.
    • IEA: Refinery investments set for 2012 rebound
      Following a slowdown in refining capacity investments this year, next year will see a slew of refinery projects completed, the International Energy Agency said in its latest monthly oil market report.
    • Italy, Eni told to 'forget' Libya's oil
      Libya's Prime Minister Al-Baghdadi Ali Al-Mahmoudi said his government has stopped all cooperation with Eni SPA, the country's largest international oil company, due to Italy's participation in the bombing campaign being waged by the North Atlantic Treaty Organization.
    • Watching The World: ASEAN, China face off
      Eyeing problems for the region's oil and gas industry, ministers of the Association of Southeast Asian Nations (ASEAN) were urged to speed up talks with China on a code of conduct for the South China Sea.
    • South Sudan, Glencore form oil marketing venture
      South Sudan's state-owned Nilepet has formed a joint venture with Glencore International PLC that will begin marketing oil produced by the newly founded country.
    • Indian refiners look beyond Iran for oil
      Indian refiners, faced with Iran's uncertain ability to provide adequate levels of oil supplies, say they are now looking to Kuwait, Saudi Arabia and the UAE for increased shipments of crude oil.
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Available Webcasts


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.

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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


OGJ's Midyear Forecast 2015

Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


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