Brazil's goal of quintupling the natural gas share of its energy mix this decade hinges on its ambitious program of installing several dozen gas-fired thermal power plants throughout the country.
As a result of new technology, the Greater Rocky Mountain Region (GRMR) has been the home to more giant fields "discovered" in the last 10 years than any other major US onshore province.
Proper regenerator bed level and cyclone operation are important to ensure minimum catalyst losses from FCC units. Monitoring the regenerator level in relationship to the cyclone dipleg valves and transport disengaging height (TDH) is key to curtailing catalyst losses. Absolute catalyst level inside the dipleg should be periodically evaluated to ensure losses are minimized, particularly in units that operate at high regenerator superficial velocities.
Studies to expand underground natural gas storage offshore northern Spain determined the technical and economic feasibility of ethylene glycol (EG) injection to prevent hydrate formation and the relocation ashore of gas treating from the existing manned production platform offshore.
Oil prices experienced a roller coaster ride last week amid speculation about Russian oil output along with a sequence of events that rocked Houston-based trading giant Enron.
The planned merger of Houston-based Conoco Inc., and Phillips Petroleum Co. of Bartlesville, Okla.-valued at $35 billion-extends the past few years' trend of consolidation and megamergers.
The most valid insights about oil prices to emerge recently come not from the world's most important exporters, not from the world's single largest oil market, but from motorists in Europe.
In assessing the prospects for the continued ability of the Organization of Petroleum Exporting Countries to meet future oil demand, it is necessary to present the concept of oil production capacity as a multidisciplinary subject.
Asia-and in particular, Japan and China-is pivotal to global oil demand, and Asia's economy was weak before the Sept. 11 terrorist attacks on the US rocked the overall world economy, said Fereidun Fesharaki, a senior fellow at the Honolulu-based East-West Center and president and founder of FACTS Inc.
Technology has transformed the energy industry but incremental improvements will require massive long-term investment in research and development, US Federal Reserve Board Chairman Alan Greenspan said.
The continuously shifting dynamics between supply of and demand for natural gas in North America have a number of Canadian producers rethinking their exploration and development plans.
Energy reform legislation will not be on the US Senate's legislative agenda until January, Senate Majority Leader Tom Daschle (D-SD) said late last month.
Five companies-BP PLC, ChevronTexaco Corp., ExxonMobil Corp., Occidental Petroleum Corp., and Royal Dutch/Shell Group-have until yearend to bid close to $1 billion to replace Houston-based Enron Corp. as holder of a 24.5% stake in the inter-Gulf Dolphin gas project operated by Dolphin Energy Ltd. (DEL).
For the first time in 6 quarters, there is consensus on near and midterm expectations for oil and natural gas prices between Houston energy banks and the active middle market of companies acquiring reserves.
Petroleum Geo-Services ASA (PGS), Oslo, and Veritas DGC Inc., Houston, have agreed to merge in a $772 million stock deal that will create the world's second-largest geophysical services company, offering 400,000 km of 3D seismic data.
