Volume 105, Issue 1

“Fast away, the old year passes… Hail the new, ye lads and lasses!”

Production of LPG-the world’s most widely traded NGL-is on the rise everywhere but in North America.

Refiners throughout the world will turn their focus in 2007 to expanding crude distillation capacity and expanding the use of renewable fuels.

The merger of Statoil ASA’s and Norsk Hydro ASA’s oil and gas businesses will create an upstream player whose most important future international operations will be in the deepwater...

Russian President Vladimir Putin is not good for his country’s oil industry.

Expect 2007 to be a strong year for exploration and development worldwide.

The boards of Norway’s Statoil ASA and Norsk Hydro ASA have agreed to merge their oil and gas operations in a deal valued at about $30 billion, creating the world’s largest offshore...

Technology remains key to how fast and how much of the world’s remaining oil and gas resources the industry can produce economically from the varied environments that hold most...

Energy consumers and producers, including six oil and gas trade associations, have formed what former US Sen. John Breaux (D-La.) termed “a coalition of coalitions” to develop...

After “extremely strong growths” of 20% in 2005 and 30% in 2006, global exploration and production spending is expected to rise at a slower rate of 9% to $300 billion in 2007,...

Baker Botts LLPwww.bakerbotts.comBaker Hughes Inc.www.wellboreintervention.comEuropean Association of Geoscientists & Engineerswww.eage.orgFoster Wheelerfindfwc.co.ukHoneywell...

The drilling industry this year will use newer, more-efficient, and more-powerful rigs and tools to test new plays and develop reserves in challenging environments such as arctic...

“Recycle the Gulf” is a comprehensive recycling program that recovers waste from offshore oil and gas operations and shore bases and provides support for the Association of Retarded...

Integrity management will stay at the forefront of pipeline operators’ agendas in 2007.

Despite knee-jerk purchases that hiked the January contract for benchmark US crudes to $63.43/bbl by Dec. 15, the highest closing in weeks on the New York market, there was little...

“When the new Democratic Congress takes office in January, there will be a new cop on the beat to force every big oil company that is currently lining its pockets with taxpayer...

ChinaHusky Energy Inc., Calgary, plans to drill an exploration well in 2007 on Block 04/35 in the East China Sea.Acquired in 2003, the block covers 4,835 sq km in an average of...

Governments historically err on energy policy by governing too aggressively, especially on fuel choice.