If necessity is the mother of invention, then looming reformulated motor fuel regulations in the form of low sulfur specifications create the necessity for the invention of, among other things, new and creative desulfurization technologies.
A study evaluated new and advanced techniques for identifying, in an effective and cost-efficient manner, high-potential restimulation candidate wells in large, tight gas fields.
Rowan Cos. Inc., Houston, is currently designing the first of its new Tarzan-class jack up rigs, which was unveiled during a conference call in July 2001.
Commoditization of natural gas, growth of market centers, pervasiveness of risk-management tools, and electronic trading have revolutionized the US natural gas industry.
The uncertainty surrounding world oil markets is being underscored by concerns about the potential effects of an economic contraction-in the US and elsewhere in the world-as well as tumbling oil prices.
The moral distance is great between smashing the window of a McDonald's restaurant to protest globalization and smashing airliners into skyscrapers to express distaste for Western values.
The New York Mercantile Exchange plans to continue introducing energy derivatives products, including internet-based trading, and to improve existing products in an increasingly competitive market.
The US Senate Committee on Energy and Natural Resources this week will mark up a sweeping bill intended to improve security at the nation's key energy facilities.
The US natural gas industry will be hammered by low commodity prices this winter because of a recession that some producers believe is worse than the government will admit.
When it comes to lawmaking, US congressmen often act like college students. They procrastinate, lose concentration easily, and wait until the last minute to get anything done.
In coming weeks, events will inevitably occur that will have an impact on the oil and gas industry, and once again it will be called on to respond, to change, and to adapt.
International merger and acquisition activity has gained pace in recent weeks, led in significance with BG Group PLC buying all the assets of Enron Oil & Gas India Ltd. (EOGIL) for $388 million.
