Energy firms are reorganizing to meet the demands of an increasingly competitive and low-margin business. Two state oil companies are looking to privatize portions of their operations, while two private firms are excising non-core businesses from their portfolios.
You could argue that building a gas pipeline is pretty much the same anywhere, but Maritimes & Northeast Pipeline LLC is doing things just a bit differently in Maine.
Australian Geological Survey Organisation is preparing to release the results of studies of hydrocarbon migration and natural seepage in three offshore areas
The Hungarian Highest Court of Appeals handed down the sixth victory for small-town municipalities in their legal claim against the government's privatization in 1995 of Hungary's gas distribution networks.
Enterprise Products Partners LP has taken the first step toward developing a $245 million, 160,000 b/d natural gas liquids pipeline system along the U.S. Gulf Coast.
The Hungarian Highest Court of Appeals handed down the sixth victory for small-town municipalities in their legal claim against the government's privatization in 1995 of Hungary's gas distribution networks.
ARCO and Syntroleum Corp., Tulsa, have started up a 70 b/d pilot gas-to-liquids (GTL) unit at ARCO's Cherry Point refinery in Bellingham, Wash. The unit has achieved initial operating targets, and an evaluation program is proceeding, says ARCO.
The oil and gas business should pay attention to, become involved with, and certainly not resist efforts by governments and interest groups to deal with urban sprawl.
The oil and gas business should pay attention to, become involved with, and certainly not resist efforts by governments and interest groups to deal with urban sprawl.
During the first quarter of 1999, lower crude oil and natural gas prices led to a sharp decline in profits for a sampling of North American oil and gas companies.
The U.S. Environmental Protection Agency implemented a regulation requiring all underground storage tanks (USTs) in the U.S. to meet new specifications by December 1998.
Exploration Esso Exploration Angola Ltd., a unit of Exxon Corp., made another oil discovery on Block 15 in the Hungo area off Angola. The well, Chocalho, flowed at a test rate of 4,554 b/d and was drilled in 3,763 ft of water to a total depth of 8,245 ft. The well is the fifth oil discovery on Block 15; the others are Hungo, Kissanje, Marimba, and Dikanza. All five wells are located about 230 miles west of Luanda. Block 15 interest holders are: Esso, 40%; BP Exploration Angol
Portfolio optimization techniques can provide oil and gas companies a means for determining optimum capital allocation to candidate investment projects, under different constraint conditions.
New formulae that mathematically define technical hole deviation, aided by hole deviation logs, provide directional drillers with new methods for rationalizing tool settings.
The aggressive development of Venezuela's huge natural gas resources is one of the highest priority objectives of the new administration of Hugo Rafael Chávez Frias.
Generally blessed with plentiful hydrocarbon reserves, South America boasts proven oil reserves of 129 billion bbl and proven gas reserves of 265 tcf, or 10% of the world's total oil equivalent reserves.
After 50 years of state monopoly on oil and gas activities and of a secondary role for natural gas in the country's energy mix, Brazil has finally started looking seriously at natural gas as a important alternative source of energy to help match expected rising demand.
