The remote Grand Banks area off Newfoundland continues to be Canada's top offshore exploration and development hot spot, with activity still focused on oil prospects in the prolific Jeanne d'Arc basin.
A pipeline to tap Arctic Canada's natural gas reserves for southern markets in the US and Canada is a possibility once again, for the first time in more than 2 decades.
Gas discoveries in the Snøhvitarea of the Barents Sea-currently only marginal economically-could become commercially viable if sufficient LNG markets materialize within the next 6 years, according to a new report by Edinburgh analysts Wood Mackenzie.
A new cementing technology, top cement pulsation, can delay the static pressure loss of the slurry and effectively prevent gas migration under complex geologic conditions.
A drill-pipe-conveyed logging string, capable of gathering in one run per well all measurements and fluid samples needed for proper reservoir evaluation, is one of the innovative tools used in developing the Hibernia oil field, offshore eastern Canada (Fig. 1).
Expandable cased-hole liners changed the status of a 51-year old, Occidental Permian Ltd. well from a plug-and-abandonment candidate to an active injecting well.
After experiencing a huge catalyst loss while bringing up one of its fluid catalytic cracking units (FCCUs), Sinopec's Shijiazhuang, China, refinery detected and isolated five leaking clusters from its FCCU external cooler.
Proponents of biodiesel say it has become the first alternative fuel to complete the health effects testing requirements of the 1990 Clean Air Act Amendment.
Proponents of biodiesel say it has become the first alternative fuel to complete the health effects testing requirements of the 1990 Clean Air Act Amendment.
While traveling on a minivacation with my family while the US price of gasoline was peaking recently, that price spike didn't appear to have slowed down summer vacationers, truck transportation, or commuters.
With the always simmering politics of energy and the environment headed for the boil in a US presidential election year, the oil and gas industry should stay ready to assert perspective when threats emerge. One such threat will develop as the major parties complete their nomination formalities and the candidates square off on specific issues.
Lukoil president Vagit Alekperov and Socar president Natik Aliyev signed an agreement on the main principles and conditions of rehabilitation, prospecting, and production sharing for the oil block that includes Zykh and Govsany fields onshore east of Baku.
A study of recent crude oil and gasoline price movements supports the view that, in general, higher gasoline prices are the result of high crude oil prices.
The first quarter 2000 performance of the 20 countries in the Global Energy Investment (GEI) index maintained the slow growth pace of the index in the third and fourth quarters of 1999.
Spending for oil and gas exploration and production should improve through the last half of this year and into 2001-after plummeting 22% to $62 billion worldwide in 1999, including a 29% drop in US upstream spending to $25 billion-Arthur Andersen reported in its annual global E&P trends report.
Independent US oil and gas companies replaced a robust 256% of total oil and gas production in 1999-the highest reserve replacement figure recorded in the past 5 years-compared with 113% by major oil companies, says Salomon Smith Barney Inc.
In recent months, Brazilian state oil firm Petroleo Brasileiro SA has made several strategic moves while forming several key international alliances to ensure a strong foothold in the worldwide oil and gas market.
The Russian Ministry of Property Relations has submitted draft resolutions to the government on the sale of 19.68% of the shares in the Slavneft oil company and 85% of Onako in what could herald a new phase in the carve-up of the Russian oil industry (OGJ, July 3, 2000, p. 30).
As the UK offshore industry struggled to emerge from last year's economic slump, dubiously hopeful headlines began to recur in the trade press. The promise of a "Third Age" for the province had the ring of a sector trying to convince itself of the idea that the future wasn't as bleak as it seemed.
