The North Sea oil industry should brace for tax hikes from the UK Treasury, given rising oil prices worldwide, said an Ernst & Young LLP tax analyst in Aberdeen.
Houston, has signed an agreement with Don-Nan Pump & Supply, Midland, Tex., whereby Don-Nan will have exclusive right to install Petrovalve Plus and Gas Breaker valve products...
Recent hydrocarbon discoveries in diagenetic reservoirs, particularly in New York state and western Canada, have focused attention on these underexplored types of fields.
Energy prices were volatile during the week ended Nov. 4 as traders reacted to reports of increased crude stocks, warmer-than-normal weather, and continued recovery of storm-damaged...
Even as assurances come from industry and analysts that world oil and gas output has not yet peaked, one caveat is almost always attached: Future output growth depends on continued...
The large number of proposed LNG projects currently vying for public and governmental approval on a global basis has led to an increased focus on associated safety, economic, ...
The number of onshore US marginal oil wells increased last year, but production totals for those wells dropped from the previous year, the Interstate Oil and Gas Compact Commission...
Record-high oil and natural gas prices, driven in part by a severe tropical storm cycle in the Gulf of Mexico as well as upcoming lease expirations, are pushing vigorous exploration...
Asia-Pacific regional demand for petroleum products will continue to grow while supply, despite plans for additional refining capacity, struggles to keep pace, said Fesharaki ...
Iraq has set a 2006 yearend oil production target of 3 million b/d, but it will have to become much more stable politically to do so, the country’s former oil minister said Nov...
Operators and service companies face shortages of manpower, equipment, and services as they try to keep up with rising world oil and gas demand in the coming decades, speakers...
Soaring prices of natural gas are changing traditional market patterns by breaking up the gas-electricity link and increasing price volatility in LNG trade, speakers said Nov....
Natural gas pipelines are moving aggressively to expand transmission and storage capacity, but new approaches to aggregate production for capacity commitments will be necessary...
The sexennial presidential season in Mexico (fall 2005-spring 2006) promises to be more than flag-waving in oil policy, as was the case in the elections of 2000.
