Table of Contents

Oil & Gas Journal

07/28/2014
Volume 112, Issue 7c
140728OGJ_cvr
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • Another canal? Really?

        International businesses, especially oil and gas companies, in recent years have watched with growing interest the work to increase shipping capacity through the Panama Canal.

    • Editorial

      • An Atlantic OCS step

        If oil and gas drilling ever occurs off the US East Coast, the risk that a well will blow out catastrophically and spill oil, as tragically happened in the Gulf of Mexico 4 years ago, will be remarkably low.

  • General Interest

    • DOE wants to mobilize subsurface engineering R&D efforts

      The US Department of Energy wants to mobilize federal government, oil and gas industry, university, and other research to address subsurface engineering challenges, particularly controlling fracture propagation and fluid flow, officials said at the first of several projected discussions.

    • BOEM issues ROD for environmental review of G&G survey off Atlantic Coast

      The US Bureau of Ocean Energy Management (BOEM) issued a record of decision (ROD) for environmental review of geological and geophysical (G&G) survey activities off the Atlantic Coast.

    • BLM director: Fee system needed for increased onshore well inspections

      A shortage of inspectors, reduced budgets, and a record number of wells on public lands make necessary the US Bureau of Land Management's budget request for a fee system to increase its oil and gas inspection capacity, BLM Director Neil Kornze said.

    • Watching Government: When condensate is product

      It was easy to remember the Bad Old Days when the US had Old Oil, New Oil, and the Small Refiner Bias amid the kerfuffle after the US Department of Commerce's Bureau of Industry and Security (BIS) ruled in late June that condensate qualifies as an oil product for export purposes in some cases.

    • Obama's latest sanctions against Russia include oil, gas firms

      In response to continued unrest in Ukraine, US President Barack Obama has announced new sanctions against Russia that include - for the first time - operations of Russian state-owned energy firms.

    • Australia repeals carbon tax legislation

      Australia's Parliament has repealed the carbon tax legislation that this year imposed $24.15 (Aus.)/tonne of carbon dioxide emissions.

    • Petrotrin blames US shale gas revolution for reduced refinery runs

      Trinidad and Tobago's state - owned Petrotrin is blaming the shale gas revolution in the US and lower crude prices at Cushing, Okla., for its decision to significantly reduce its refinery throughput to 120,000 bo/d from 180,000 bo/d.

    • CERI: Costs up for oil sands production

      The costs of producing bitumen and synthetic crude in the Albertan oil sands have increased over the past year, says the Canadian Energy Research Institute (CERI) in an annual report that projects steady growth in output.

    • API: US petroleum demand up in June, second quarter

      Total US petroleum deliveries, a measure of demand, rose 1.5% in June vs. a year ago to average just above 19 million b/d, according to the American Petroleum Institute's most recent Monthly Statistics Report.

    • Chevron accepts amended plan for Richmond refinery revamp

      Chevron Corp. has agreed to accept an alternative, more environmentally friendly plan proposed by city officials for the long - delayed $1 billion modernization of its 257,000 - b/d Richmond, Calif., refinery.

    • DOT proposes new rules for transporting crude by rail

      A train with 20 or more tank cars carrying crude oil, ethanol, or other flammable liquids would be classified as a high - hazardous flammable train (HHFT), and would be subject to lower speed limits, routing risk assessments, and other new requirements under new US Department of Transportation regulatory proposals.

    • SAFE: Report's 'flash points' emphasize US transportation fuel problem

      A proliferation of global oil geopolitical "flash points" makes it even more urgent for the US to aggressively reduce its dependence on crude oil for transportation fuels, according to speakers discussing a report issued by Securing America's Future Energy (SAFE).

    • The Editor's Perspective

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Available Webcasts

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

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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