International news for oil and gas professionals
Concerning the Editor's Perspective entitled "US to keep friend in unwanted limbo over Keystone XL", Canadians in the energy sector appreciate your support
Among the oil market's many uncertainties, a variable receiving too little attention is the most important supplier.
In his State of the Union Address Jan. 28, US President Barack Obama perpetuated an energy policy that's distorted in promotion and discredited in direction.
A court decision jeopardizing oil and gas leases in the Chukchi Sea off Alaska represents a triumph of environmental obstructionism—but not of management of the Outer Continental Shelf.
Oil and gas industry leaders generally don't expect the US Congress to do much about energy in 2014. But they haven't necessarily written federal lawmakers off.
US oil and gas leaders began 2014 with a handful of certainty and a bucketful of questions about what might happen in Washington during the coming year.
Planned pipeline construction to be completed in 2014 slipped 39% from the previous year, led by sharply lower levels of planned products pipelines. Crude and natural gas pipeline construction plans for the year also softened.
US President Barack Obama quickly cited the US oil and gas renaissance for helping the nation's economy recover in the last 5 years, and said in his fifth State of the Union address that natural gas will need to play an even bigger part in the future.
In an unprecedented move, the US and Canadian national transportation boards simultaneously called for tougher regulations covering shipments of crude oil by rail.
The long-delayed approval of the Keystone XL pipeline border crossing isn't the only source of friction between the US and Canada, reports a study by the Fraser Institute, Vancouver, BC.
The US Environmental Protection Agency said it will reconsider 2013 cellulosic biofuel quotas it has made final because of new information the American Petroleum Institute and American Fuel & Petrochemical Manufacturers brought to its attention.
A federal appeals court ruled a portion of the environmental impact statements prepared prior to federal oil and gas leasing off Alaska's Arctic coast was improperly prepared, and sent the matter back to the district court that heard the lawsuit for further action.
An increased focus on development activity by operators in the UK resulted in a 5-year high in the number of fields that started oil and gas production, according to a report on offshore activity released by Deloitte on Jan. 29.
Total US petroleum deliveries in December 2013—which averaged 19.2 million b/d—and in the fourth quarter increased 5.8% and 4.6%, respectively, compared with the corresponding periods of 2012, the American Petroleum Institute said in its latest monthly statistics report.
In spite of the increasing importance of shale gas and tight oil in the new century, future oil and gas supply continues to be dominated by conventional petroleum reserves.
The challenge in all unconventional plays is not to find the deposits but to find the areas that are economically viable and will lead to the best production and recovery volumes at a rate of return that satisfies investor requirements.
This is the first of four articles that forecast deepwater decommissioning schedules in the US Gulf of Mexico (GOM). No estimates for the timing of deepwater decommissioning activity have previously been reported.
A novel stimulation method in a tight glutenite reservoir with larger thicknesses has shown promise is a field case.
Oseberg is one of the four largest oil and gas fields on the Norwegian Shelf. Current crude oil output averages about 144,000 b/d from the Oseberg field center (OFC), which consists of the connecting Oseberg A, B, and D platforms.
Designing a grassroots NGL-recovery plant in the empty quarter of Saudi Arabia required formulation of energy optimization initiatives because the area is remote and electrically isolated from any nearby network and water is scarce.