International news for oil and gas professionals
European and US lawmakers differ in their policies on offshore wind farms, yet this reporter suspects Europe's offshore wind industry could provide some lessons to US lawmakers, the energy industry, and its investors.
Anyone disconnected from news for the past quarter-century would find perplexing the US government's new review of its methods for establishing the social cost of carbon (SCC).
A sample of 59 US-based oil and gas producers and refiners posted a collective increase of 5.2% to $22 billion in earnings in this year's third quarter but a 12.7% decrease to $75 billion in the first 9 months compared with the same periods in 2012.
Unnecessary delays in US LNG and coal export applications review processes may conflict with international treaty obligations under World Treaty Organization agreements, a study commissioned by the National Association of Manufacturers warned.
US Chamber of Commerce Pres. Thomas J. Donohue issued a clarion call Dec. 3 that nearly every oil and gas executive, manager, and supervisor can understand: It's time to do something about excessive government regulation.
Two US Department of Transportation agencies jointly issued a supplemental safety advisory covering unintended movement of freight trains carrying crude oil and other hazardous materials.
The US Department of Energy announced nearly $5 million of support for seven research projects nationwide examining whether methane hydrates will be an economic and environmentally viable future energy option.
The oil-production surge from unconventional resources in North America is creating a surplus in the Atlantic Basin and reshaping oil and gas trade, notes PIRA Energy Group, New York.
Chevron has started drilling its planned carbon dioxide injection wells on Barrow Island as part of the Gorgon-Jansz LNG project in Western Australia.
While signing a tentative agreement to moderate nuclear development hardly makes Iran a beacon of geopolitical goodwill, speculation is hard to resist.