Estimates place the amount of Y-grade NGL flowing into the Mont Belvieu, Tex., fractionation hub by 2013 at slightly more than 2.1 million b/d, a nearly threefold increase from...
A Delta Air Lines Inc. subsidiary has agreed to buy the 185,000-b/d Trainer, Pa., refinery near Philadelphia from Phillips 66 Co. for $180 million, the companies reported Apr....
BP PLC has five offshore rigs operating in the Gulf of Mexico, which is the same number as it had before the April 2010 deepwater Macondo well blowout, a BP executive told an ...
Chesapeake Energy Corp. said its board will name an independent, nonexecutive chairman, as well as renegotiate the terms of the company's Founder Well Participation Program (FWPP...
Development of the massive shale discovery recently made by Repsol SA in Argentina is threatened by the Argentine government's pending renationalization of YPF SA.
The industry needs to internalize a robust safety culture to help the US Bureau of Safety and Environmental Enforcement do its job, BSEE Director James A. Watson told delegates...
Philadelphia area refinery closures will be only the beginning of shutdowns nationwide if the federal government does not change several key regulations, two oil industry officials...
Uruguay, which has no oil or gas production, moved toward its busiest exploratory period on record when the ANCAP hydrocarbon agency received 19 bids in late March for 8 of the...
New panel mount horn is explosion protectedA new globally certified explosion protected panel mount oil field horn features a rugged aluminum painted housing, weighs less than...
WesternGeco,London, a business segment of Schlumberger Ltd., introduced its trademarked ObliQ sliding-notch broadband acquisition and imaging technique that enhances low-frequency...
Completion of Phase 1 of the Iraq Crude Oil Export Expansion (ICOEE) project enhanced the country's national security, providing needed redundancy to an export channel responsible...
Saudi oil pricesWith all due respect to the top energy official of the world's most important oil-producing country, Saudi Arabian Minister of Petroleum and Mineral Resources ...
The axiom is repeated often: When a government increases taxation of an activity, less of the activity occurs; when it lowers taxation, activity increases.
One way to get a handle on the enormity of potentially producible hydrocarbons contained in shale formations is to estimate how much recoverable oil and gas remain within the ...
