US motorists will see higher gasoline prices this spring, averaging about $1.70/gal during the driving season of April through September, with prices peaking at about $1.76 in...
Construction began late last year on PetroChina Co. Ltd.'s West-to-East natural gas pipeline project and targets 2004 for completion of the nearly 3,800 km (2,360 mile), 1,016...
Gainesville, Tex., have announced the merger of Felderhoff Bros. Drilling, and Mercer Drilling (a BSI Co.). The combined entities, under the supervision of Kenny Felderhoff, will...
The Organization of Petroleum Exporting Countries' Mar. 11 decision to stand pat on its current oil production quota of 24.5 million b/d failed to prevent a same-day drop in oil...
The oil and natural gas business is far from being a "sunset industry," but innovation, investment, business transformation, as well as recruiting and retaining the right people...
The Export-Import Bank of the US has approved a $400 million long-term loan guarantee in support of 95 US exporters selling up to $447 million of oil and gas field equipment and...
The federal Energy Information Administration predicts demand for natural gas in the US will rise to nearly 35 tcf in 2025 from 22 tcf last year. Skeptics in the oil and gas industry...
Venezuela is a reliable US oil supplier, the head of the state-owned oil company Petroleos de Venezuela SA said in an exclusive interview with Oil & Gas Journal.
BG International Ltd., a unit of UK-based BG Group, reported that it would divest itself of its interest in the North Caspian Sea production-sharing agreement project in two transaction...
The US Environmental Protection Agency this month said small oil and gas production sites get at least a 2-year reprieve from new stormwater runoff rules.
David O'Reilly, chairman and CEO of ChevronTexaco Corp., challenged oil and natural gas companies to work together to improve the industry's reputation last month at the Institute...
US and Saudi authorities are stepping up security measures against potential sea-borne terrorist attacks on oil facilities in the kingdom even as they prepare for a possible war...
The American Chemistry Council, representing industrial users of natural gas, has called upon President George W. Bush and Congress to take steps to avert what ACC calls "a looming...
India's state-owned Oil & Natural Gas Corp. (ONGC) is making a major bid at both the domestic and overseas levels to increase its oil and gas market capitalization equity and ...
US companies with languishing interests in Libya are growing increasingly optimistic that international sanctions against that country may be removed as early as this spring, ...