Venezuelan Energy Minister discusses oil prices, shake-up in Pdvsa before OPEC meeting
Venezuela is in the midst of a campaign to reform its domestic energy policies. Among the planned changes are an overhaul of the operations of state firm Petroleos de Venezuela SA and a bid to woo foreign investment into the natural gas and petrochemical sectors.
OPEC ministers expected to maintain oil production levels
Organization of Petroleum Exporting Countries oil ministers gathered in Vienna on Sept. 22 to discuss output quotas and were expected to maintain current levels despite recent strong oil prices.
Watching the World
Iran's gas drive
In the past 2 years, Iran has been opening its doors to foreign investors, with petroleum companies pushing a growing list of projects.
Natural gas rules for Camisea project set
Peru has passed a detailed set of natural gas regulations under its Law for the Promotion and Development of the Natural Gas Industry that essentially sets the rules for the massive Camisea natural gas project.
Offshore Europe updated on new technologies
Delegates at the Offshore Europe conference in Aberdeen, Sept. 7-10, were treated to updates on the development of new technologies in sectors ranging from offshore exploration to deepwater pipeline installation.
Malay-Thai JDA gas infrastructure project poised for launch
The $1.03 billion Malay-Thai gas infrastructure project that includes a binational pipeline network and a world-class natural gas processing complex appears poised to launch.
Thai gas consumption set to rise sharply, back out oil
Thailand's consumption of natural gas looks set to increase and substantially back out demand for oil as an important source of fuel in the next several years, according to the Petroleum Authority of Thailand (PTT).
Alberta Energy and Utilities Board recommended that the provincial government approve the proposed $500 million (Canadian) expansion of Imperial Oil Ltd.'s oilsands operations at Cold Lake, Alta.