Two years ago, the term "New Economy" was most often used by people while predicting how all businesses-and our very lives-were going to be completely and forever changed by the internet.
The oil and gas industry-like every industry looking to rapidly leverage the capabilities of a global internet-has for the past 18-24 months begun to explore and experiment with internet-related technologies, trying to identify the added value they might bring to industry operations.
Natural gas is fast becoming a primary energy source throughout the world. Its varied use, from power generation to commercial and residential heating, has grown by more than 40% globally the past decade alone and shows signs of accelerating.
Gas Technology Institute, Des Plaines, Ill., and one of its long-time contractors set up a commercial partnership to offer unique methods to reduce risks of developing gas in over and underpressured formations.
New equations developed by the Southwest Petroleum Institute, China, can calculate collapse resistance pressure for casing under nonuniform loading conditions.
Experience in 1999 during appraisal of the Peng Lai 19-3 field, off China, showed that a cased-hole formation tester has numerous benefits with few drawbacks.
Irving Oil Ltd.'s recent refinery upgrade project in Saint John, NB, commercialized CDTech's CDHydro and CDHDS technologies for selective desulfurization of FCC gasoline.
Installation of 113 grid-connected power systems along the 1,500-km (932-mile) Caspian Pipeline is in the final stages, according to supplier Northern Power Systems, Waitsfield, Vt., which is under contract to the Caspian Pipeline Consortium (CPC).
US natural gas market observers are getting a rude awakening about the outlook for gas supply-demand and prices: Demand for gas is a good deal more elastic than many of the market bulls have presumed.
This letter will express my appreciation of the high quality of writing and analysis in Ed Krapels' article regarding hedging and the Metallgesellschaft debacle in the Mar. 26, 2001, p. 70 issue.
The Robert Smith of FACTS Inc. article, "Politics, production levels to determine Caspian area energy export options" (OGJ May 28, 2001, p. 33) claims that Caspian Sea region oil exports have a brighter future than they did 2 years ago.
The National Academies' National Research Council (NRC) has belly-flopped into the stormy politics of global warming. At the request of the White House, an NRC committee conducted a review of climate change science that alarmists seized as proof of the need for urgent response.
US House Republican leaders are drafting legislation that includes several highly controversial proposals sought by the oil industry but vehemently opposed by environmental groups.
The House Appropriations Committee last week restored funds to oil and gas research programs that would have been cut under the US Department of Energy's latest budget proposal.
The US Environmental Protection Agency last week denied California's request to waive the federal oxygen content requirement for reformulated gasoline (RFG).
The European Commission last week cautioned producers on the Norwegian Continental Shelf that the joint sale of gas through the soon-to-be-disbanded Gas Negotiation Committee (GFU) falls afoul of the European Union competition rules on the ground that it fixes price and volumes sold.
The high-profile promise held by the Caspian Sea to become the next great offshore oil and gas province, to judge by the abundance of project news coming out of the recent Caspian Oil & Gas conference in Baku, is ever closer to coming to fruition-if still hinging on several sizeable "ifs."
Azerbaijan expects to channel more than $52 billion during 2008-15 into its recently established national oil fund through its production-sharing agreements on the giant Azeri-Chirag-Guneshli and Shah Daniz fields in the Caspian Sea.
Falling US demand for natural gas to fuel electric power generation in the first 5 months of the year helped send gas prices plunging and led to higher than expected injections into storage, said the US Energy Information Administration in its June assessment.
US House Republican leaders are drafting legislation that includes several highly controversial proposals sought by the oil industry but vehemently opposed by environmental groups.
