The US Supreme Court agreed Oct. 29 to hear an appeal of the $2.5 billion punitive damages award stemming from the 1989 grounding of the tanker Exxon Valdez and subsequent crude...
As the offshore oil and natural gas industry continues its march into deepwater frontiers, the facilities that will be the mainstays of that push, subsea installations and floating...
Companies that provide equipment and services to the deepwater oil and gas operations sector see little prospect that soaring costs will be reined in anytime soon.
The first part of this two-part series describes how Saudi Aramco faced chronic Claus catalyst deactivation for years as a result of benzene, toluene, and xylene (BTX) in lean...
To sustain long-term oil production from its contract area in Oman, Petroleum Development Oman has turned to diverse methods for enhancing oil recovery from its fields that contain...
During his 5 years as managing director of Petroleum Development Oman, John Malcolm has seen an increase in the complexity of operations for sustaining oil production from the...
The US government and oil industry must jointly take aggressive action to slow the growth in oil demand and to increase oil supply with help from unconventional sources, reported...
US Congress should consider expanding the Commodity Futures Trading Commission’s authority over energy derivatives trading, particularly in exempt commercial markets, the General...
Memo to US, Canadian, and other Western nations’ oil and gas producers: Russia and Caspian Basin nations are renegotiating agreements with stricter terms.
Globally, oil field equipment and services have been in tight supply since 2005, but the demand growth rate is beginning to slow and may plateau in 2008, said officials at the...
The American Petroleum Institute, Independent Petroleum Association of America, and seven other trade associations representing natural gas producers, pipelines and consumers ...
BP Products North America Inc. has agreed to pay $303 million in fines to settle charges that it manipulated propane markets in February 2004 and April 2003, the US Commodity ...
The accelerating pace of change that has turned the gas market from relatively simple to increasingly complex and risky, has brought a new dimension to supply and demand security...
General Interest - Quick TakesSenate members question further SPR oil purchasesNoting that crude oil prices have reached the $90/bbl range, seven US Senate Democrats asked Energy...
If you were counting on increased supplies of Sudanese crude to reduce the worldwide price of oil, you may need to think once again, especially given plans made by rebels in the...
The UK will have sufficient capacity in LNG terminals and natural gas pipelines to receive gas imports in the medium term, but price will determine if gas is sent to the country...
The editorial, “Biofuels meet doubt,” tells us that the Organization for Economic Cooperation and Development’s Round Table on Sustainable Development views the rush to biofuels...
Internal inspection of pipelines is not always economic, prompting development of methods for assessing a pipeline’s current condition based on historic operating and process ...
The December contract for benchmark US light, sweet crudes climbed as high as $92.22/bbl during the regular trading session Oct. 26 on the New York Mercantile Exchange before ...
