New web-based tools allow centralized operations centers to monitor and control remote activity, and these centers also provide sites for collaborative efforts for planning and...
Plains Exploration & Production Co. has inked a deal to acquire 3TEC Energy Corp. for a total of $432 million in cash and stock. As part of the agreement, each 3TEC stockholder...
There are a number of different energy scenarios currently being proposed, but most industry analysts forecast that world primary energy demand will double by 2030, climbing to...
With its projected sustained growth of both oil production and exports, Russia must look for new markets in the US and Asia beyond its historical role as a "regional supplier ...
Heads of two of the oil and natural gas industry's biggest companies offered prescriptions for short-term and long-term industry headaches at a major Houston energy conference...
The $6.75 billion deal that BP PLC announced Feb. 10 to join its Russian interests with that of the Alfa Group and Access-Renova (AAR) "proves" that production-sharing agreements...
Market MovementFly-up of energy retail prices sparks US public concernThe American Automobile Association last week reported the highest retail prices for gasoline ever recorded...
President George W. Bush's state of the union speech to Congress last month highlighted what the White House says is a key domestic policy issue: reducing foreign oil dependence...
There are a lot of science fiction fans in the oil and gas industry. That sounds like a huge presumption, but it's a fairly safe one. Sci-fi appeals, naturally enough, to science...
Bob Williams's article "Pluspetrol: Camisea could spur Peruvian gas exploration boom like Bolivia's" (OGJ Online, Nov. 6, 2002) highlighted the potential to make Peru's "energy...
Before the United Nations Security Council on Feb. 5, US Sec. of State Colin Powell was practicing politics, not law. His task was to persuade, not litigate.Yet questions raised...
New portable valve operating systemClick here to enlarge imageEasi-Drive, a new portable valve operating system, is designed for use with manual valves in situations where valve...
The question is often asked as to what influence changes in reservoir properties may have on the number of reservoirs and the percent of recoverable reserves in oil field reservoirs...
Nigeria Statoil ASA reported an appraisal well on southeastern Block 218 off Brass confirmed the Nnwa natural gas reservoir that extends eastward into Block 219, operated by the...
In much of the world, people think the US wants to invade Iraq to control Iraqi oil. It doesn't matter to them that US citizens would never support military action undertaken ...
Oil markets are turning into quite the menagerie these days, what with all the bears and bulls running into each other.We have the unprecedented circumstance of an imminent outbreak...