Indonesia’s state-owned PT Pertamina, in line with the country’s developing policy of resource nationalism, is vying with partner Kodeco Energy Ltd. to become the operator of ...
Indonesia expects investments to reach $375 million for the 22 oil and gas blocks it awarded on Oct. 17, according to Evita H. Legowo, director general for oil and gas.
Over the last 18 months, natural gas prices have continued to rise steadily in both established and new markets “not only a reflection of higher demand, but also of a delayed ...
Indonesia’s state-owned PT Pertamina has come under increased parliamentary scrutiny for further alleged irregularities in its importation of foreign oil products.
Montana’s Crow Nation and Australian-American Energy Co. reported in August that they will jointly construct a $7 billion coal-to-liquid (CTL) fuels plant in southeastern Montana...
Alaska will receive as much as $80 million of coastal impact assistance authorized under Section 384 of the Energy Policy Act of 2005 (EPACT 2005), said the US Minerals Management...
There are 85.4 tcf of undiscovered, technically recoverable natural gas resources in gas hydrates on the Alaskan North Slope, reported the US Geological Survey on Oct. 18.
General Interest Quick TakesEU ministers agree on energy compromiseStrongly backed by France, which is president of the European Union through 2008, the unbundling compromise...
Electricity has been generated successfully from a producing oil well’s geothermal hot water for the first time, reported the US Department of Energy’s Fossil Fuel Office on Oct...
A sobering aspect of the global financial crisis is comprehensive failure of officials and experts, first, to see the problem coming and, next, to appreciate its severity until...
The life of Northeast British Columbia’s Beaver River field may be extended if initial flows from shale and siltstone formations prove out in the Liard basin field.
Symbology is a big word that refers to a simple process—a shorthand of symbols or abbreviations to stand for longer words, phrases, concepts, calculations, and so forth.
Although the faltering economy has been driving down energy prices in recent months, the November US crude contract rebounded $2 to $71.85/bbl Oct. 17 on the New York Mercantile...
Battelle’s two-curve method (TCM) fracture arrest predictions for X70 grade steels and higher requires a correction factor for the predictions to be accurate and useful for selecting...
The latest version of rig activity scheduler (RAS) software—Version 3.0—promises to help take the guesswork out of assigning rigs to wells and enables upstream operations to utilize...
Ecuador’s state-owned Petroecuador and Petroproduccion have signed a 30-year contract with Ivanhoe Energy Ecuador Inc., a subsidiary of Ivanhoe Latin America, to explore and develop...
The Peruvian government reported that the six-member Consorcio Camisea has begun production of natural gas at Pagoreni field on Block 56 in the Cuzco region and part of the Camisea...