Table of Contents

Oil & Gas Journal

02/14/2011
Volume 109, Issue 7
20110214_Cover_100.jpg
  • Regular Features

    • OGJ Newsletter
      International News for oil and gas professionals
    • Journally Speaking

    • Editorial

      • Reining in EPA
        Hearings began last week on legislation that would derail the US Environmental Protection Agency's regulation, under the Clean Air Act, of greenhouse gas emissions. They represent a triumph of public discourse and participatory government.
    • EQUIPMENT | SOFTWARE | LITERATURE
    • Advertisers Index
    • The Editor's Perspective

      • More OPEC oil would boost rosy view of economy
        When Ali Al-Naimi, Saudi minister of petroleum and mineral resources, expressed confidence about global economic recovery last month, he was neither alone in his optimism nor without doubters.
    • Market Journal

      • Weaker payroll data lower oil prices
        Energy prices fell Feb. 4 with North Sea Brent dropping below $100/bbl in London and West Texas Intermediate down to less than $90/bbl in New York, partly in response to weaker-than-expected US payroll data.
  • General Interest

    • Industry seeks new offshore rigs, longer onshore laterals in shale
      Oil and natural gas companies are asking oil service contractors for sophisticated technology to drill longer horizontal wells in onshore shale plays and for new offshore rigs that can fulfill increasingly stringent deepwater drilling safety standards and regulations.
    • Ensco to acquire Pride in $7.3 billion deal
      Ensco PLC agreed to buy Pride International Inc. for $7.3 billion, marking the biggest consolidation in the offshore drilling industry since Transocean Ltd. announced plans to acquire GlobalSantaFe Corp. in July 2007.
    • Supply, demand trends still drive oil prices, Senate panel told
      Political unrest across North Africa may have fueled short-term global crude oil price increases but likely won't have the same long-run impacts as supply and demand changes in response to economic growth, experts told the US Senate Energy and Natural Resources Committee on Feb. 3.
    • Watching Government: Canadian oil choices
      It was hardly surprising that proponents and opponents of the proposed Keystone XL crude oil pipeline project said that EnSys Energy's recent analysis for the US Department of Energy supported their viewpoints.
    • GOP energy leaders float draft bill to halt EPA's GHG effort
      US House and Senate Republican energy leaders released a draft of their bill aimed at keeping the US Environmental Protection Agency from imposing carbon emissions limits under the Clean Air Act to address global climate change.
    • API: Congress, not EPA, should direct GHG policy
      Congress should direct US policy on greenhouse gas emissions rather than the Environmental Protection Agency, American Petroleum Institute spokesmen told reporters during a Feb. 4 conference call from Washington, DC.
    • EIA: Oil demand to rise by 1.5 million b/d in 2011
      Worldwide oil demand will increase by 1.5 million b/d in 2011 and by 1.6 million b/d in 2012, with continued tightening of global oil markets over the next 2 years, EIA said in its latest Short-Term Energy Outlook (STEO).
    • New areas could expand Arctic's oily component
      The Arctic, thought to be natural gas-dominant on the basis of limited exploration, could become more oily as more of the region is more fully explored, delegates at the Arctic Technology Conference were told Feb. 7 in Houston.
    • Watching the World: Israel reconsiders new taxes
      Government officials in Tel Aviv are apparently reconsidering their position concerning new natural gas discoveries off Israel following an alleged attack on a major gas pipeline in Egypt's northern Sinai Desert.
    • EXPLORATION/DEVELOPMENT BRIEFS

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Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

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US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

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The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

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