Oil & Gas Journal's latest look at the top 100 oil and gas producing companies based outside the US shows that profits were up worldwide last year, and production and reserves increased after dipping in 1999.
Swan Creek field operated by Tengasco Inc. in northeastern Tennessee consists of more than 40 wells capable of production, most of which yield gas and several of which make oil.
The $3 billion Kizomba A project, off Angola, involves a complex production system that includes a deep-draft caisson vessel (DDCV), and subsea completed injection wells tied back to a floating production, storage, and offloading (FPSO) vessel.
Plans are under way for an LNG plant, the second phase of the Sakhalin-II LNG project on Russia's Sakhalin Island. First LNG will be delivered to customers in 2006.
People across America have rallied together these last few weeks to help raise funds and donate aid for the victims of the Sept. 11 terrorist attacks on the US.
Sherritt International Corp., Toronto, said its gross operated production in Cuba for the quarter ended June 30 averaged 30,113 b/d (19,352 b/d net), up from the previous quarter and 10% higher than in first quarter 2001.
Keeping the US energy infrastructure safe from attack, whether it is a gas pipeline, oil refinery, or power grid, has become a key domestic issue for policymakers in Washington, DC.
Keeping the US energy infrastructure safe from attack, whether it is a gas pipeline, oil refinery, or power grid, has become a key domestic issue for policymakers in Washington, DC.
Republican leaders in the US Congress last week called on the Democratic-controlled Senate to pass comprehensive energy legislation in October that includes a controversial provision to lease the coastal plain of the Arctic National Wildlife Refuge in Alaska.
The production of water goes hand-in-hand with the production of oil. Indeed, Royal Dutch/ Shell produces 6 million b/d of oil and 6 million b/d of water.
Possible consideration of relaxing US sanctions against Iran as part of current antiterrorism talks ultimately could lead to that country's emergence as one of the world's main exporters of natural gas.
International Petroleum Exchange remains optimistic about its future success following its merger with Atlanta-based electronic commodity marketplace IntercontinentalExchange Inc. (ICE).
Duke Energy Corp., Charlotte, NC, said it will acquire Westcoast Energy Inc., Vancouver, in a cash and stock transaction valued at $8.5 billion, including assumed debt.