Volume 102, Issue 33

For China, the energy challenge is clear but formidable: It must find additional sources of energy, both domestic and foreign, to fuel its growing economy.

Japan's reliance on oil and liquefied petroleum gas will drop, both in the near and distant future, while its reliance upon nuclear energy will continue to increase significantly...

From a then-record closing price of $48.70/bbl on the New York Mercantile Exchange Aug. 19, near-month contract prices for benchmark US light, sweet crudes plunged to $42.12/bbl...

China, where personal incomes have quadrupled in recent years while the country's burgeoning economy has grown fivefold, currently is consuming energy at a pace surpassed only...

PetroChina - Average production 2.1 million b/d of oil, 1.9 bcfd of gas.

Tenaris SA Luxembourg, has announced acquisition of Tubman International Ltd., the company holding over 84% equity in the Romanian company, S.C. Silcotub SA, and controlling interest...

This Liftomatic Ergo-1000-OBS allows the operator automatically to pick, lift, weigh, and move plastic, fiber, and steel drums.

Brazil's sixth oil and gas licensing round began under heavy stress for representatives of the 24 qualified companies due to an injunction of a supreme court justice that would...

Ceremonies early last month marked official start-up of the Malvinas gas plant, export pipelines, and Pisco fractionation plant for Peru's Camisea natural gas project with the...

Apparent high bids totaling $171.4 million were offered for 351 offshore tracts at Lease Sale 192 for the western Gulf of Mexico, the US Minerals Management Service reported.