International news for oil and gas professionals
Consider Oil & Gas Journal's statistics section to be a living, breathing animal. As such, on occasion, the section is required to adapt and change-sometimes shrink, sometimes expand-to better suit the needs of OGJ readers.
Dodgy estimation of costs and benefits should expose climate rules newly proposed in the US to political if not legal challenge.
An incident similar to the 2010 deepwater Macondo well blowout and resulting oil spill still could occur, the US Chemical Safety Board reported June 5 in releasing its investigation findings into the 2010 incident.
The US Securities and Exchange Commission should move quickly to write new disclosure requirements for publicly traded US oil, gas, and mining companies' payments to foreign governments, participants in a June 9 Brookings Institution forum agreed.
It was easy to wonder if anything new could be said at the Center for Strategic and International Studies' June 9 forum about possible impacts of lifting the ban on US crude oil exports.
A high price relative to coal and increasing use of renewable energy make future demand for natural gas especially uncertain in Europe, according to an analyst at the Oxford Institute of Energy Studies, London.
Uncertain reform of natural-gas pricing in India, if allowed to move forward, would revive oil and gas investment and help the government balance its accounts, according to a new study by IHS.
The "Golden Age" of natural gas that has taken such a strong foothold in North America will extend to China over the next 5 years, driven by booming demand, according to the latest 5-year gas market outlook from the Paris-based International Energy Agency.
American Energy–Permian Basin LLC (AEPB), American Energy–Utica LLC (AEU), and American Energy-Marcellus LLC (AEM), all affiliates of Oklahoma City-based American Energy Partners LP (AEP), have each signed agreements to acquire acreage in the Permian, Utica, and Marcellus basins, respectively, in deals totaling $4.25 billion.
US natural gas likely will feel modest upward pressure this summer from levels a year earlier when Henry Hub prices averaged $3.77/MMbtu, the Natural Gas Supply Association said in its 2014 Outlook for Summer Gas, released June 4.
The governments of Mozambique and Tanzania are developing laws and regulations so those nations can tap into revenues from potential natural gas export projects, a partner with Akin Gump Strauss Hauer & Field LLP said during a midyear energy briefing on June 4.
A California-based environmental group has filed a lawsuit requesting a state superior court to revoke a permit that would allow Chevron Corp. to proceed with its long-delayed plan for a $1 billion modernization project at the 257,000-b/d Richmond, Calif., refinery.
Architects of the US Environmental Protection Agency's proposal to cut carbon-dioxide emissions from power plants have no intention of stopping with coal.