Due to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick...
In early October, top executives of two large independent production companies, Chesapeake Energy Corp. in Oklahoma City and XTO Energy Inc. in Fort Worth, separately sold large...
Brazil’s Petroleo Brasilerio SA (Petrobras), even as it eyes greater output for the future, exported a record 574,000 b/d of oil in October, breaking the previous monthly high...
Uncertainty was the hallmark of the 13th International Gas Summit in Paris Oct. 22-23, reflecting the current world financial turmoil and looming economic slowdown.
General Interest Quick TakesAPI: Industry will work with new presidentThe US oil and gas industry is looking forward to working with President-elect Barack Obama and a new Congress...
The Marcellus shale, which extends 575 miles across parts of three eastern US states, is thought to hold as much as 500 tcf of natural gas, about 50 tcf of which is considered...
The US Minerals Management Service could improve oversight of its oil and gas royalty-in-kind (RIK) program by verifying more production data through third parties and improving...
Suncor Energy Inc. and Petro-Canada are trimming their capital expenditure budgets and delaying some of the plans for their oil sands production projects next year.
The US oil and gas industry, politically unpopular and publicly misunderstood, spent its political money on a losing cause in this year’s general election.
Deepwater Specialists Inc.,LambertClick here to enlarge imageHouston has appointed Trey Lambert president. He will be responsible for overseeing the company’s day-to-day operations...
The freestanding hybrid riser concept allows decoupling the schedules of riser and floating production unit design, manufacture, and installation, providing flexibility should...
In a surprise rally in the last few moments of trading Oct. 31 on the New York Mercantile Exchange, the front-month December contract for benchmark US light, sweet crudes surged...
The ultradeep Gulf of Mexico shelf well known as Blackbeard has logged four “potential hydrocarbon-bearing zones below 30,067 ft,” said operator McMoRan Exploration Co., New Orleans...
Inhibex 301 kinetic-gas hydrate inhibitor (KHI), which promises performance under a variety of gas types and conditions, now shows—after testing—it to work as a corrosion inhibitor...
Anyone concerned about imported energy should find useful the simple proposition that raising production lowers imports unless consumption rises by the same amount.