Table of Contents

Oil & Gas Journal

03/24/2014
Volume 112, Issue 3c
140324ogj-cvr
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • Gasoline price games

        Let's assume you're a typical American, typically scornful of the oil and gas industry. You don't work for the industry. You don't know much about it. In fact, your only direct contact with the industry occurs when you buy gasoline.

    • Editorial

      • Export short-sightedness

        Opposition by specific refiners to US exports of crude oil should surprise no one. The export ban suppresses the price of domestically produced light, sweet crude oil relative to that of comparable international crude over time.

  • General Interest

    • Witnesses disagree on Keystone XL's potential US security impacts

      Witnesses at a US Senate Foreign Relations Committee hearing sharply disagreed on whether the proposed Keystone XL crude oil pipeline would help or hinder US security.

    • INGAA Foundation forecasts oil, gas infrastructure outlays to 2035

      An estimated $640.9 billion, or an average $29.1 billion/year, will need to be spent on US and Canadian midstream crude oil, natural gas, and natural gas liquids infrastructure from 2014 through 2035, the INGAA Foundation forecasts in a recent study.

    • BOEM: Firms bid $850 million in high bids in central gulf lease sale

      The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks, resulting in a total of $850 million in apparent high bids. The lease sale was held Mar. 19 in New Orleans.

    • EPA lifts post-Macondo contract suspension in agreement with BP

      The US Environmental Protection Agency and BP PLC reached an agreement that will effectively end the bar on new federal contracts imposed on the multinational oil company in the wake of the 2010 Macondo deepwater well incident and crude oil spill.

    • New York county puts freeze on Bakken crude

      Government officials in Albany County, NY, have issued a moratorium on Global Partners LP's plans to increase the processing of Bakken crude oil at the Port of Albany pending a public health investigation by the county's health department.

    • Begich objects to House Democrats' NPR-A comment extension request

      US Sen. Mark Begich (D-Alas.) let three US House Democrats know he did not approve of their request for the US Bureau of Land Management to add 30 days to the public comment period for the Greater Mooses Tooth draft supplemental environmental impact statement covering a proposed oil development within the National Petroleum Reserve-Alaska (NPR-A).

    • Watching Government: Alaska's ANWR reminder

      Alaska's state government apparently doesn't want people to forget there's still significant oil and gas potential beneath the Arctic National Wildlife Refuge's coastal plain amid talk of incredible possible domestic supplies in tight shales and deep offshore.

    • Chevron to increase production, maintain capex level through 2017

      Chevron Corp. will increase production by 20% through 2017 without raising capital expenditures, executives said Mar. 11 at the company's annual security analyst meeting in New York.

    • BPTT adds to reserves at Angelin offshore Trinidad and Tobago

      BP Trinidad & Tobago's (BPTT) Ocean Bottom Cable Seismic (OBCS) has already added significant proved reserves to its Angelin gas discovery in 80 m of water offshore the east coast of Trinidad and Tobago, the company said.

    • IEA: Global oil demand revised upward on stronger data

      Global oil demand in 2013 rose by 1.3 million b/d year-over-year to 91.3 million b/d, according to the latest, near-complete set of demand data for the year, the International Energy Agency said in its most recent monthly Oil Market Report.

    • The Editor's Perspective

Related Articles

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01/23/2015 A fire has been extinguished from a producing, unmanned platform in the Gulf of Mexico following damage that was possibly caused by a vessel, the U...

Data refute Lew’s claims about taxes paid by producers

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On the subject of taxation, administration officials count on the public to believe anything.

API: US petroleum demand up in December, oil production highest since 1972

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Varo Energy plans upgrades for Swiss refinery

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BHI: US rig count falls for 8th straight week, down 43 units

01/23/2015

The US drilling rig count fell 43 units to settle at 1,633 rigs working during the week ended Jan. 23, Baker Hughes Inc. reported.

IMF: Most oil exporters facing deficits

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Gazprom’s Baltic LNG project to be built in Ust-Luga

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Estill named chief executive officer of Madagascar Oil

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Madagascar Oil Ltd. has appointed Robert Estill as chief executive officer.

Senate votes to recommend closing Keystone XL tax loophole

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Available Webcasts



The Future of US Refining

When 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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Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

When Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

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On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

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