Table of Contents

Oil & Gas Journal

05/26/2014
Volume 112, Issue 5c
140526ogj_cvr
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • Cautious economic optimism

        Global economic activity has broadly strengthened since the second half of 2013. Recovery continues, but remains uneven. Cautious economic optimism among oil and gas companies is reshaping the business landscape.

    • Editorial

      • The Indian landslide

        When voting began in Indian parliamentary elections Apr. 7, Narendra Modi, chief minister of Gujarat, was expected to lead his Hindu-nationalist Bharatiya Janata Party to victory.

  • General Interest

    • First-quarter earnings increase amid mixed factors

      A sample of 59 US-based oil and gas producers and refiners collectively posted first-quarter earnings of $22.7 billion, a decrease of 11% from the same quarter in 2013.

    • Oil and gas midstream ripe for investment, Deloitte specialists say

      Surging US production has made oil and gas midstream operations attractive investment prospects, three Deloitte specialists said during the final day of the financial services company's 2014 Washington Energy Conference.

    • Water concerns could limit US oil, gas development, speakers say

      The oil and gas industry needs to respond more effectively to public concerns about safe water supplies if it expects to realize US unconventional resources' full potential, speakers at Deloitte LLP's 2014 Washington Energy Conference warned.

    • Infrastructure critical, Deloitte's US oil and gas chief says

      Significant challenges exist to creating the necessary transportation systems for the US to fully realize its significant oil and gas potential, according to John England, who leads Deloitte LLP's US oil and gas practice. It also could provide some of the biggest investment opportunities, he quickly added.

    • Watching Government: Bipartisan?—barely

      It started with the desire to give the editors a story out of Washington to post online while I covered the first day of Deloitte's 2014 Washington Energy Conference on May 13. A press release US Sen. Debbie Stabanow's (D-Mich.) office issued May 9 looked promising.

    • Mayer Brown: Mexico enacting energy reform amid falling production

      It easily could take longer than many might expect before state-run Petroleos Mexicanos (Pemex) and other companies are able to unlock Mexico's vast oil and gas resources, said Jordy Herrera, the nation's immediate past secretary of energy, told a Mayer Brown energy conference in Houston on May 15.

    • Mayer Brown: Brazil reexamines its presalt policies

      Brazil's government is considering proposals to open operatorship of its presalt projects to companies other than state-run Petroleo Brasileiro SA (Petrobras), and this change might be made, Mayer Brown partner Alexandre R. Chequer told the law's firm's annual energy conference in Houston on May 15.

    • Noble, Woodside terminate $2.5 billion MOU for Leviathan

      The nonbinding memorandum of understanding (MOU) for the $2.5 billion sale of interest in the Leviathan licenses offshore Israel between Noble Energy Inc. and Woodside Petroleum, first reported in December 2012, has been terminated by the companies.

    • Bakken similar to other light crudes, study for NDPC finds

      Bakken crude oil is similar to other North American light, sweet grades and does not pose a greater rail transportation risk than other transportation fuels, a study commissioned by the North Dakota Petroleum Council (NDPC) concluded.

    • Bakken crude within rail car safety design standards, AFPM study says

      Bakken crude oil is well within the safety standards for current rail car designs, an American Fuel & Petrochemical Manufacturers report concluded.

    • EPA proposes air emissions requirements for refineries

      The US Environmental Protection Agency proposed making refiners measure benzene emissions around their facilities' fences and make the results publicly available.

    • The Editor's Perspective

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Available Webcasts


Prevention, Detection and Mitigation of pipeline leaks in the modern world

When Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

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On Demand

Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

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US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

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The Future of US Refining

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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