International news for oil and gas professionals
The incredibly daunting, 2-months-and-counting hunt for missing Malaysia Airlines Flight 370 has covered 1.8 million square miles of the southern Indian Ocean and driven searchers to investigate where few have dared to explore.
Hand-wringing over failure by the US Senate to pass bipartisan energy legislation focuses on the wrong problem. Political pundits mourn the death of bipartisanship and condemn "dysfunction" of the government.
Crude oil transportation—whether by pipeline, rail, or maritime—has become a hot public topic in the US only relatively recently.
The National Transportation Safety Board took charge of the investigation into the Apr. 30 derailment of a train carrying crude oil in Lynchburg, Va., but it will be months before conclusions are reached and recommendations are issued, the investigator-in-charge said.
The US Environmental Protection Agency announced it will seek public comment on what information could be reported and disclosed for hydraulic fracturing chemicals and mixtures and the approaches for obtaining this information.
The rate of earthquakes in Oklahoma has increased by about 50% since October 2013, significantly increasing the chance for a damaging quake in central Oklahoma, the US Geological Survey and Oklahoma Geological Survey jointly said on May 5.
A bipartisan group of 22 US senators, led by Energy and Natural Resources Committee member Debbie Stabenow (D-Mich.) and Foreign Relations Committee member Edward J. Markey (D-Mass.), urged US President Barack Obama to consider possible impacts on American manufacturing and families that rely on natural gas for heat when looking to approve new LNG export facilities.
US House Energy and Commerce Committee Republican leaders requested a meeting with US Sec. of Energy Ernest J. Moniz and other appropriate officials concerning management of the US Strategic Petroleum Reserve as the summer driving season approaches.
Offshore engineers increasingly are taking human factors into account when designing oil and gas equipment, said speakers participating in a May 5 Offshore Technology Conference technical session entitled "Human Factors in Engineers."
Streamer technology is not new. However, it has gone through many advances within the last 30 years. In 1980, 120 channels were considered advanced for a typical streamer run when shooting offshore seismic.
Shanghai, China, would be a natural geographic and market position for a natural gas hub in Asia, according to Laurent Maurel, Total senior vice-president for strategy, marketing, and LNG, who also acknowledged that "it won't be that simple" to establish such a hub there or anywhere else in the near term.
Anticipated energy demand worldwide by 2050 will be such that industry will need to produce similar levels of oil and gas compared with today's production levels, panelists told the Offshore Technology Conference during a May 6 session entitled, "Global Energy Outlook: Shaping the Future."
An Executive Branch campaign against fossil energy applies different tactics to specific fuels.