Oil companies, oil-producing countries, and consumers need to act now to avoid the oil crisis that is coming within the next 10 years, said John B. Hess, chairman and chief executive...
The first two parts of this series showed that roller cone bit design analysis can predict cone behavior when heel teeth have equal pitch and how bit kinematics are modeled differently...
Brazil’ Petroleo Brasileiro SA (Petrobras) has declined to comment on revised production estimates BG Group has made concerning the supergiant Tupi oil discovery in the Santos...
Mexico will face difficulties in producing crude oil over the coming 2 years, according to a media report, which claims that Cantarell and Ku-Maloob-Zaap (KMZ) fields will decline...
New sealing and flange isolation gasketThe new LineSeal sealing and flange isolation gasket is designed for extreme critical sealing applications.The 316 stainless steel cored...
AlbaniaBankers Petroleum Ltd., Calgary, agreed to acquire 50% of a private company that holds the exclusive right to evaluate and redevelop Kucova heavy oil field in south-central...
Doing good things for good reasons is best; good things for bad reasons, lucky; bad things for good reasons, wrong; and bad things for bad reasons, stupid.
Superior Offshore International Inc.,Houston, has appointed E. Donald Terry as interim president and CEO following the resignation of James J. Mermis as president, CEO, and director...
At Cambridge Energy Research Associates’ annual energy conference in Houston, former Federal Reserve Chairman Alan Greenspan said there is a “50% or better” chance that the US...
Extreme weather tests even the richest, most well-managed economies. So, when winter 2007-08 brought cold and suffering to two countries whose hydrocarbon wealth should have softened...
The letter by Al-Husseini and Al-Husseini about the Cambridge Energy Research Associates decline-rate study, as well as comments by other peak oil theorists on the subject, demonstrates...
The stage appears set for natural gas to become more of a global energy commodity in 2008 and 2009 than in the past, largely because of an expanding LNG industry, Cambridge Energy...
Production projects due on stream this year in members of the Organization of Petroleum Exporting Countries represent peak gross capacity additions of 3.1 million b/d of crude...
Shell Oil Co. Pres. John D. Hofmeister discovered some troubling attitudes as he met with local business and government leaders during his most recent visits to 50 US cities.
For several years prior to 2004, the LNG industry was a buyers’ market, and buyers were in the driver’s seat with respect to pricing terms and flexibilities introduced into LNG...
General Interest - Quick TakesWoodMac: Operators still vexed by high costsHigh oil prices have not resulted in high returns on projects because of an increase in exploration costs...
Shell Petroleum Development Co. (SPDC) has suspended its plans to restructure its joint venture in Nigeria following a request from Nigeria National Petroleum Corp. (NNPC) to ...
The global oil and gas industry faces the simultaneous goals of producing more energy while lowering emissions of greenhouse gases (GHGs), speakers told Cambridge Energy Research...
Alaska’s selection of a preferred applicant to build a huge natural gas pipeline highlighted the Federal Energy Regulatory Commission’s fifth progress report to Congress on the...
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining...