Three Vetco International Ltd. subsidiaries pled guilty to violating antibribery provisions of the Foreign Corrupt Practices Act and agreed to pay $26 million-the largest criminal...
Oil prices should remain at the $50-55/bbl level over this year and possibly part of 2008, interspersed with periods of tension, and thereafter continue to rise on the back of...
The global refining industry faces the challenges of upgrading its capacity to produce less-polluting fuels while processing increased volumes of poorer-quality crudes, Standard...
Government and industry are making progress in increasing the number of qualified petroleum professionals in the US, says the Interstate Oil & Gas Compact Commission in a new ...
The top oil and gas pipeline regulator in the US wants operators to use inspection programs that do the best job of determining their systems’ condition.
In a meeting with Russian Industry and Energy Minister Viktor Khristenko, Japanese Foreign Minister Taro Aso last week asked Russia to ensure Japan’s supply of LNG from the Sakhalin...
US Department of the Interior Insp. Gen. Earl E. Devaney intended to mention reforms that have been implemented as well as problems he has identified at DOI when he came before...
It is essential that pipeline regulators considering risk-based remediation plans understand early the nature and complexity of the risk assessment to be performed as part of ...
The April contract for benchmark US light, sweet crudes blew past $61/bbl to a 7-week high in intraday trade Feb. 22 in New York, following reports of a precipitous drop in US...
T.D. Williamson Inc.Tulsa, has announced its acquisition of Williamson Industries Inc., headquartered in Georgetown, Ont., Canada. The new acquisition will be known as T.D. Williamson...
CameroonLog evaluation has indicated that the IE-2 appraisal well drilled to TD 8,675 ft subsea by BowLeven PLC’s EurOil Ltd. subsidiary encountered two hydrocarbon-bearing zones...
Know-how interfaced to offer imaging while drillingSperry Drilling Services, a brand of Halliburton’s Drilling and Formation Evaluation division, and IntelliServ Inc., a wholly...