Drilling in the US is declining in response to the 2008 oil and gas price collapse and financial crisis in the US, and further drops are expected in the US and Canada in 2009....
Pittsburgh-based CNX Gas Corp., an exploration and production company that has drilled hundreds of coalbed-methane wells in the Appalachian basin, drilled its first horizontal...
Iran has announced many refining and upgrading projects to increase the supply of transportation fuels. Many of these projects, however, will not proceed due to lack of funding...
GeoPark Holdings Ltd., Buenos Aires, said it is completing its $57 million 2008 capital program on the 440,000-acre Fell Block in southern Chile’s Austral basin.
A sustained rally in oil and gas commodity prices “will be elusive” as markets search for a self-supporting recovery and a reduction in asset market volatility into 2010, predicted...
Tulsa, has announced a series of key executive appointments. They are part of a major expansion of the company that includes a 28% overall increase in staff and a relocation to...
I daresay that, even as readers of this petroleum-oriented journal, most of us would like to see hydrogen become an economically viable transportation fuel that could supplement...
The long-awaited 5-year strategic plan spanning 2009-13 for Brazil’s Petroleo Brasilerio SA (Petrobras)—already delayed several times—will be assessed by the company’s board at...
General Interest Quick TakesOil, gas equipment sales likely to slow in 2009Global oil and gas equipment sales are expected to be slow for much of 2009 because of the economy...
Broader economic problems should not keep the US from pursuing comprehensive energy and environmental strategies, according to ConocoPhillips Chief Executive Officer James J. ...
Indonesia will see a 17.5% decline in oil production by 2018, with the country’s crude volumes falling steadily to 800,000 b/d, according to the most recent Indonesia Oil and ...
A federal appeals court affirmed on Jan. 12 a US district court’s ruling that Kerr-McGee Oil & Gas Corp. should not have to pay royalties on eight Gulf of Mexico deepwater leases...
Despite the global recession, construction costs for upstream oil and gas facilities have reached a record high, as have those for the design and construction of refining and ...
The National Ocean Industries Association and seven other industry trade groups issued a statement supporting the US Mineral Management Service’s formal solicitation of comments...
The US Department of Energy should formally assess whether its oil and gas research and development projects would not have occurred without federal funding, the Government Accountabili...
The faltering economy and its effects on oil and gas production were among the main topics discussed at the December North American conference of the US Association for Energy...
While US natural gas pipelines remain financially strong, broader economic conditions could challenge their ability to raise money to expand and maintain their systems, the Interstate...