Rising oil prices combined with falling inventories to keep US petroleum product demand essentially flat during 2007, the American Petroleum Institute said on Jan. 17.
As the potential of Egypt’s gas resources became well defined and the benefits of clean burning fuel more important, the Egyptian Natural Gas Holding Co.
With the bulk of its natural gas resource in the Mediterranean—some studies estimate ultimate recovery from deepwater gas reserves at up to 70 tcf—and a strategic focus...
If there is a single word that defines every facet of tomorrow’s energy markets, it is competition—for resources, for opportunities, for customers, for qualified employees...
Growing demand for fuel, petrochemical feedstock and petrochemical products —both at home and in global markets— combined with Egypt’s petrochemical master plan offers...
Rising oil and gas prices have made those basic commodities increasingly valuable to countries with substantial proven reserves and attractive exploration prospects.
Natural gas discoveries like those in the Obaiyed and Khalda concessions will be important to the growth of Egypt’s energy sector and the country’s economy.
Billions of dollars in investments will be required annually to achieve global energy security by diversifying supplies, suppliers, and supply routes, US Secretary of Energy Samuel...
The February crude contract fell 71¢ to $90.13/bbl Jan. 17 on the New York Mercantile Exchange—its lowest closing in 5 weeks—after Federal Reserve Chairman Ben Bernanke...
US Rep. Edward J. Markey (D-Mass.) has urged Secretary of the Interior Dirk A. Kempthorne to postpone the Minerals Management Service’s sale of leases in the Chukchi Sea off Alaska...
The US petroleum product distribution system is constrained in key areas and will likely become more so without timely investments, the US Government Accountability Office warned...
This energy outlook for natural gas to 2030 was developed by the US Energy Information Administration and focuses on a short-term reference case, Annual Energy Outlook 2008 (AEO2008...
General Interest - Quick TakesWEF forecasts energy supplies as key riskStable global energy supplies will be a major risk area for countries in 2008, according to a report published...
The aggregate global decline rate for producing oil fields is 4.5%/year rather than the 8%/year sometimes cited in other studies, said Cambridge Energy Research Associates (CERA...
The US Minerals Management Service has begun an evaluation of the environmental issues associated with future federal Outer Continental Shelf lease sales for oil and gas exploration...
A newly formed consortium aims to develop nanotechnologies that can characterize oil and gas reservoirs more comprehensively than the current means that rely largely on collecting...
If you simply look at the hard numbers (prices, profitability, margins, capacity utilization), you would draw the opposite conclusion and recognize that the oil industry’s best...
International Association of Drilling Contractors,Houston, has announced its officers for 2008. John Lindsay, executive vice-president, US and international operations, Helmerich...
Trend surface residual anomaly (TSRA) mapping techniques have been applied to three regions to demonstrate their use in the identification of blind structures and trends in areas...
