Effective US energy policy critical to world energy balance
It is said that US President George W. Bush is much more interested in domestic issues than in international affairs, but the country's need for an effective, all-encompassing energy policy is so compelling that President Bush can ill-afford to treat it as less than a top priority item.
Oil industry challenges include chance of OPEC misstep
Challenges for an oil and gas industry that must retool for growth include a chance the Organization of Petroleum Exporting Countries has misread the market.
Mexico seen trying to keep everyone happy on its oil output levels
There are some doubts that Mexico actually will cut its oil production, despite an official announcement that the country will cooperate with the Organization of Petroleum Exporting Countries' production cut.
Watching the World: Something old, something new
As Alí Rodríguez Araque, secretary general of the Organization of Petroleum Exporting Countries, cut across the lobby of Vienna's Intercontinental Hotel on Mar. 16 during a break from meetings with member state ministers aimed at hammering out further output quota reductions, the press scrum quickly closed around him.
Asia-Pacific trade patterns to influence OPEC strategy
Changing oil-trade patterns in the Asia-Pacific region will influence strategy of the Organization of Petroleum Exporting Countries and, by association, the oil-price outlook worldwide.
Petrobras scandal grows in platform disaster aftermath
Complicating the handling of the aftermath of the P-36 platform disaster off Brazil for operator Petroleo Brasileiro SA is a blossoming scandal over whether the state firm knew of problems with the structure before explosions crippled it, killing 11 workers.
Hain: UK service and supply firms must diversify
UK oil and gas service and supply companies need to diversify into markets including renewable energy while increasing exports, UK Energy Minister Peter Hain said last week.
Outlook seen strong for oil service industry
Oil service companies are watching both their stock prices and their earnings margins grow, analysts have said, adding that the service sector is being driven by increased oil and gas drilling activity worldwide.
Push for case on more access to US lands gathers steam
The information campaign in support of expanded exploration and development on US federal lands is gathering momentum.
Watching Government: Call it a crisis
Tight energy supplies are creating mounting headaches for US policymakers, who fear voters may blame them for summer power outages and higher gasoline prices. In quick fashion, both Democrats and Republicans on Capitol Hill are pointing the finger at each other.