International news for oil and gas professionals
Thank you for your editorial apprising your readers of the Environmental Protection Agency's continued assault on America.
Much has been made in the general media about how unconventional oil and gas development has damaged or threatens to damage flora, fauna, and air in areas of the US where drilling and production have surged.
Instructive timing is at work in the publication this month and last of two major reports in the Fifth Assessment by the Intergovernmental Panel on Climate Change.
When a top official of the US government disparages opponents in an aggressive talk about an important subject, he ought to have his facts straight. In a Feb. 16 diatribe on climate change in Jakarta, Sec. of State John Kerry didn't bother.
James R. Schlesinger probably had seen nearly every kind of US energy policy tried by the time he died of complications from pneumonia on Mar. 27. He was 85.
Miscible CO2 continues to eclipse steam injection in Oil & Gas Journal's 2014 EOR/Heavy Oil Survey.
As 2014 began, global LNG supply and demand remained largely in balance. Only two liquefaction plants came on stream last year, while several new or expanded terminals, especially in Asia, easily helped demand keep pace with supply.
The price of oil rose from below $30/bbl to more than $145/bbl (all in money of the day) between 2004 and 2008. This was unprecedented.
Full development of giant natural gas discoveries in the eastern Mediterranean Sea depends on solutions to tough geopolitical problems.
The White House announced additional steps to reduce methane emissions from oil and natural gas operations as part of a broader strategy.
Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the author of a March comment published by the Oxford Institute for Energy Studies (OIES).
Natural gas producers in the Marcellus shale will benefit more than producers elsewhere in the US because of many favorable circumstances, even if prices were to decline to 2012 levels, Moody's said in a recent report.
Oil and gas industry analyst Wood Mackenzie Ltd. forecasts that operators in the Bakken shale will invest more than $15 billion on drilling and completions in 2014, second only to the Eagle Ford in the US Lower 48 states.
The current boom in shale resource development has sparked an urgent need in the petrochemical industry for technically skilled workers to build, operate, and maintain about $100 billion of announced chemical projects, according to Peter L. Cella, president and chief executive officer of Chevron Phillips Chemical Co. LP.
The US Environmental Protection Agency took formal charge of investigation and cleanup efforts after an undetermined amount of crude oil spilled into Lake Michigan from BP PLC's Whiting, Ind., refinery.
Rigorous development activities point to a large accumulation of gas reserves in the Dominican Republic's Enriquillo basin on the island of Hispaniola.
Opportunities abound in the prolific deepwater Gulf of Mexico (GOM), but several production structures have reached a stage in their lifecycles at which decommissioning is the next plan of action.
Russia is introducing a new regime of oil export duties that is changing the type of products refiners produce and export to global markets.
Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose quickly to 2,475.6 in December 2012 from 2,467.4 in January of the same year. Then it slowed and ended with 2,525.9 in December 2013.