Vol 110, Issue 5b

Outreach to industry isn't election gimmick, White House aide says

May 21, 2012

The Obama administration is reaching out to the oil and gas industry more than it did initially to develop regulations, but it is not an election-year gimmick, a leading White...

Economics & Markets

IEA: Global oil demand growth accelerating

May 21, 2012

After posting near-zero annual growth in the fourth quarter of 2011, global oil demand growth will gradually accelerate throughout 2012, culminating in an increase of 1.2 million...

Government

DOI says leases remain idle; industry groups dispute claim

May 21, 2012

More than two thirds of federal offshore tracts leased by the oil and gas industry and more than half of the federal onshore acreage companies hold in the Lower 48 remains idle...

Government

IPAA: Independent review finds EPA Pavillion report lacks data

May 21, 2012

An independent review of the US Environmental Protection Agency's draft report on water near Pavillion, Wyo., concluded scientific analysis fails to support EPA's suggestion that...

Home

CRC tests reveal valve seat damage in some vehicles from E15

May 21, 2012

Engine durability tests by the Coordinating Research Council, which studies the interaction of engines and petroleum products, found leaks from uneven valve seat wear and pittage...

More content from Vol 110, Issue 5b

Economics & Markets

Regulation, good and bad

May 21, 2012

Polarization of US politics distorts conversation about regulation. The oil and gas industry has witnessed too often the default assertion that one side supports regulation while...

Companies

Oil prices in the stars

May 21, 2012

E-mail recently delivered a message advocating use of "financial astrology" to predict "with 70-90% accuracy" prices of oil, gold, corporate stocks, or the exchange rate for the...

Companies

EQUIPMENT | SOFTWARE |LITERATURE

May 21, 2012

New gas detector seriesThe new IT Series network-enabled gas detectors feature user friendly digital display, 4-20 mA output, RS-485 Modbus output, HART, integral relays, SentryBus...

Government

CBO study examines policy options to reduce oil price volatility

May 21, 2012

Policies that reduce the US transportation system's heavy reliance on petroleum products would more effectively shield consumers from volatile prices and supply interruptions ...

Government

Watching Government: Redundant regulations

May 21, 2012

The White House announced five final rules on May 10 that it said would save nearly $6 billion in the next 5 years by eliminating outdated regulations and unjustified requirements...

Government

API outlines main issues for GOP, Democrats' 2012 platforms

May 21, 2012

The American Petroleum Institute announced it will try to make more access to federally controlled energy resources, commonsense regulations, quicker permit decisions, and market...

New Plants

OGJ Newsletter

May 21, 2012

International news for oil and gas professionals

Companies

Chesapeake believes asset sales will help ease financial woes

May 21, 2012

Oklahoma City independent Chesapeake Energy Corp. is confident it will complete assets sales to help resolve financial concerns, its chief executive officer told analysts and ...

Drilling & Production

Diamond Offshore orders drillship, sells jack ups

May 21, 2012

Diamond Offshore Drilling Inc. ordered a $655 million ultradeepwater drillship from Hyundai Heavy Industries Co. Ltd. with delivery scheduled for fourth-quarter 2014.

Home

Energy delusions aggravate European economic problems

May 21, 2012

Political revolt against fiscal austerity underscores laws governing energy and money to which European leaders should pay more heed: Neither can be created from nothing.

Government

Salazar applauds collaboration, authorizes eastern Utah gas project

May 21, 2012

US Interior Sec. Ken Salazar hailed the collaboration that made an agreement possible as he signed the record of decision authorizing Anadarko Petroleum Corp.'s Greater Natural...

HSE

Cuba drilling continues as US groups press spill response need

May 21, 2012

Repsol SA continues drilling Cuba's first offshore oil well as some US government agencies, oil and gas organizations, and environmental groups press to ease restrictions that...