Volume 104, Issue 39

The oil and gas industry faces a huge paradox as executives from its biggest companies gather in Washington, DC, for the American Petroleum Institute’s 2006 annual meeting Oct...

The global oil market is suffering now from a lack of investments in the 1990s when oil prices were low and refining margins poor, said analysts at Fesharaki Associates Consulting...

Water produced with oil and gas can help relieve pressure on surface-water resources, witnesses told a US House Resources subcommittee hearing Sept. 26.

The US Department of Energy could have saved about $590 million from late 2001 through 2005 if it had used a steady dollar value of crude oil over time to assure that more purchases...

In a surprise move, Russia’s OAO Gazprom announced on Oct. 9 that it will develop giant Shtokman (Shtokmanovskoye) natural gas-condensate field in the Barents Sea without foreign...

In pursuit of energy independence, the US government is promoting the use of biofuels as transportation fuels.

Oil and gas prices have fallen more quickly than autumn leaves in the past few weeks, which has helped improve the US economic outlook.

The November contract for benchmark US light, sweet crudes fell $2.35 to $58.68/bbl Oct. 3, the lowest front-month closing on the New York Mercantile Exchange since Feb. 16.

ArgentinaGold Point Energy Corp., Vancouver, BC, took farmouts from APCO Argentina Inc., Tulsa, Okla., and Antrim Energy Inc., Calgary, on the Capricorn License (Yacimiento Norte...

Baker Hughes Inc.Houston, has appointed Frank M. Davis as president of Baker Hughes Russia Inc., William P. Faubel as vice-president of enterprise marketing for Baker Hughes oilfield...

Here’s an assignment for anyone who has at any time this year declared that the price of crude oil would never again fall below $60/bbl.

As US fuel consumers enter a new era of highway diesel fuel this week, the first and probably only thing many of them will notice is the price.

ADIPECwww.adipec.comApex Engineering Products Corp.www.rydlyme.comArielBaker HughesHughes Christensenbakerhughes.comBredero Shawwww.brederoshaw.comCameronwww.c-a-m.com/distributedvalves...