International News for oil and gas professionals
I recall reading a prediction in 2004, when crude was trading around $41/bbl, that the price of crude would drop when war ended in Iraq.
Is it possible that Papua New Guinea's geology could support three liquefied natural gas projects?
Developments last week in two multibillion-dollar, international deals show that the biggest oil companies remain willing to pursue opportunities in countries that can be difficult places in which to do business. The countries are Russia and India.
After scientists in the US government increased their estimate of the exploratory potential of natural gas from the Marcellus shale, naysayers called the report a portentous climb-down.
Energy markets were surprised in late August first by the seemingly sudden collapse of Moammar Gadhafi's dictatorship after months of impasse and then by the fizzle of Hurricane Irene,
The oil and gas industry has been both too fast and too slow to adopt multicomponent seismic technology.
Companies using horizontal drilling and multistage fracturing are taking a fresh look at the Niobrara shale play in the Rocky Mountain region.
Cost increases and labor shortages appear atop a list of risks facing producers in the Canadian oil sands, balanced by opportunities that include growing global oil demand and the economic importance of oil sands production to Canada.
The US Department of State issued a final environmental impact statement of the proposed Keystone XL crude oil pipeline.
Two days before the US Department of State released a final environmental impact statement for the proposed Keystone XL pipeline project, a US House subcommittee held a field hearing involving another unconventional oil resource closer to home than Alberta's oil sands.
EnSys Energy & Systems Inc. and Navigistics Consulting concluded in a report issued as part of the US Department of State's final environmental impact statement (FEIS) on TransCanada's proposed Keystone XL crude oil pipeline that it is "almost impossible
The US Bureau of Offshore Energy Management, Regulation, and Enforcement has developed and implemented tools to help offshore oil and gas operators improve their exploration and development plan and permit applications, BOEMRE Director Michael R. Bromwich announced.
Colombia's government has made considerable strides in recent years to improve the security conditions for oil and gas companies operating in the country.
Libya can resume crude oil production within a matter of weeks and can return to prewar output within 15 months, according to the newly appointed chairman of state-owned National Oil Corp.
Italy's Eni SPA said it signed a memorandum of understanding with Libya's National Transitional Council (NTC) that aims at strengthening cooperation between them.
Surface geochemical surveys are often dismissed due to the idea that intervening stratigraphy may block or prevent upwardly moving hydrocarbons from passing through them.
Velocity is a fundamental property of rocks that depends on density and elastic moduli.
Enhanced oil recovery processes have the potential for producing substantial amounts of heavy oil in Trinidad.
By Mar. 31, 2012, owners of onshore petroleum and natural gas production operations must report their greenhouse gas (GHG) emissions for calendar year 2011, under the US Environmental Protection Agency's mandatory reporting of greenhouse gases rule.
According to mainstream media, US economic activity was measurably slower during first-half 2011.
This is the final of three articles that present selections from the 2010 National Petrochemical and Refiners Association Q&A and Technology Forum (Oct. 10-13, Baltimore).
After sharp declines in 2009, natural gas pipeline operators saw their profits jump nearly 12% to reach on all-time high of more than $5.2 billion.