StatoilHydro has published a crude oil assay for its Gimboa field, which began producing first-quarter 2009 from Block 4/05 about 3 miles off Angola (Fig. 1) in 2,300 ft of water...
Saudi Aramco, in line with newly announced government policies, will continue to invest in new oil, gas, and petrochemical projects, despite the current global economic downturn...
Meeting specifications for renewable fuels in the US requires rapid growth in the use of 85-15 ethanol-gasoline blends (E85) and, if the ethanol industry has its way, relaxation...
Iraqi Oil Minister Hussain Al-Shahristani, in a wide-ranging interview with Arab media in Paris, said his country’s oil industry needs $50 billion in investment over the next ...
The US Commodity Futures Trading Commission closed the so-called “Enron Loophole” on Mar. 23 as it approved final rules and amendments increasing its oversight of exempt commercial...
Iraq is considering offering exploration blocks under production-sharing agreements (PSA) this year for its second licensing round, according to Oil Minister Hussain Al-Shahristani...
Oil & Gas Journal’s semiannual Worldwide Construction Update shows a decline in construction activity compared with the previous edition of the report (OGJ, Nov. 17, 2008, p. ...
Suncor Energy Inc. and Petro-Canada, both of Calgary, have agreed to merge the two companies in a $19.3 billion (Can.) transaction. The resulting company, Suncor, will have 7....
Brazil’s President Luiz Lula da Silva, apparently reversing earlier decisions, said his government is again considering an invitation to join the Organization of Petroleum Exporting...
A recent survey has found that while oil and gas industry professionals may view certain social media tools—such as networking web sites, instant messaging, text messaging, wikis...
Chevron Corp. has promoted John S. Watson to vice-chairman. Currently serving as executive vice-president, strategy and development, Watson succeeds Peter J. Robertson, who is...
General Interest Quick TakesSEC files charges in oil investment schemeThe US Securities and Exchange Commission charged a Los Angeles man and two of his companies with securities...
The international oil and gas industry—as well as Russia’s—is watching with incredulity as prosecutors bring a new case against former OAO Yukos Chief Executive Mikhail Khodorkovsky...
As an oil executive and an American, I also find the course being pursued in Washington, DC, to be energy suicide (OGJ, Mar. 9, 2009, p. 68). I think it’s time for Atlas to shrug...
Key Energy Services Inc.,HutchinsonClick here to enlarge imageHouston, has appointed Blake Hutchinson vice-president, corporate development. He will lead efforts to identify and...
In the final days of March, market analysts saw some indications that the economic crisis might be nearing bottom and could perhaps rebound in the second half of this year.
New industry visualization toolTime Chart, a new web visualization tool, expands the capabilities of the PetroTrek tool kit of web parts and services.The new tool allows users...