China accounted for 40% of total growth in world oil demand during 2000-04, said Cambridge Energy Research Associates (CERA) in a report on China energy.
At the end of first quarter 2004, monthly average propane prices in the US firmed to 58¢ and 60¢/gal at Conway, Kan., and Mont Belvieu, Tex., respectively. February stocks closed...
Optimized drilling procedures, incorporating improved directional drilling and ranging systems and slant drilling, allow operators to use steam-assisted gravity drainage (SAGD...
Interest in Canadian Laurentian acreage may overshadow extended French block ExxonMobil Canada Properties and Conoco Canada Resources Ltd. have been awarded an extension of the...
Press reports in mid-May said South Korea's state Korea National Oil Corp. was considering participation in an exploration project off North Korea's west coast.
Preparation key for pipeline's management of large spill, explosion A significant pipeline spill or explosion can cause substantial damage to a company.
The well-written article by Sadad al-Husseini "Rebutting the critics: Saudi Arabia's oil reserves" (OGJ, May 17, 2004, p. 16) has prepared us for higher oil prices in the future...
Top executives from state-owned Petróleos de Venezuela SA (PDVSA) came to New York May 19 looking to reassure nervous US investors that the company takes its role as a key short...
At a special June 3 meeting in Beirut, members of the Organization of Petroleum Exporting Countries hammered out a compromise agreement to immediately raise their total crude ...
Royal Dutch recommends managing director; Shell Canada appoints CEO Royal Dutch Petroleum Co. has recommended that its shareholders later this month elect Linda Zarda Cook as ...
Over the next 2 decades China and the US will fuel much of the new global oil demand, a long-term analysis by the US Energy Information Administration predicts.
Iraq's oil business "is basically ready to hand over now" to Iraqi control, said Robert E. McKee III, the former ConocoPhillips executive who recently completed 6 months' service...
Ecuador has indefinitely postponed a bidding round aimed at ramping up oil production at four state-owned fields in the Amazon basin that have combined reserves of some 905 million...
Several US independents have been actively acquiring or merging with companies smaller than themselves, and XTO Energy Inc., Fort Worth, announced plans to acquire a package of...
Continued tensions in the Middle East, a strengthening US economy, and increased oil demand by China and the US are fueling high oil and gasoline prices, analysts for Standard...
Zooming demand for energy in rapidly growing China eclipses other growth markets in the Eastern Hemisphere, speakers said May 12 at the Middle East Gas & LNG Forum in Bahrain....
KPMG: Energy officials assess industry challenges A panel of industry experts assessed a variety of challenges facing the oil and natural gas industry at an energy conference ...
Long-term supply contracts will play a more important role in the new European Union free gas market than originally planned, contends London-based analyst Prospex Research Ltd...