Indonesia has rejected a plan of development for the Natuna D-Alpha block filed last week by ExxonMobil Corp., saying the firm’s contract expired in 2005.
The combination of two hurricanes in the Gulf of Mexico and a decline in global economic activity caused demand and production of olefins in the US to fall sharply in fourth-quarter...
An analytical approach estimates that the minimum economic price for developing the vast US oil shale resources to be $38-62/bbl of shale oil produced.
Bill Barrett Corp., Denver, started gas sales in December 2008 from Pennsylvanian Gothic shale in the Paradox basin, where the company plans to run one rig in 2009.
The Tamar rank wildcat well in the eastern Mediterranean off northern Israel has discovered a resource at least equal to the predrill estimate of more than 3 tcf of gas, said ...
Seneca Resources Corp., third largest acreage holder in the Devonian Marcellus shale gas play, plans to emerge as an operator of record this year even as it continues a joint ...
The French government awarded two 5-year exploration permits to midsized oil companies to explore offshore Juan de Nova, a tiny island possession in the Mozambique Channel between...
Partnership offers seismic interpretation Seismic Micro-Technology Inc. (SMT), Houston, has become an independent software vendor (ISV) partner with Hewlett-Packard (Canada) Co...
Solution gases and reservoir pressure can allow operation of offshore transmission pipelines carrying high pour point, paraffinic crude without pour point depressant (PPD), even...
Global Industries Ltd.,BorjaClick here to enlarge imageHouston, has appointed two executives to lead the company’s commercial growth strategies, marketing, and business development...
There are “ample signs” that the US states and federal government will take a bigger tax bite from both upstream and downstream oil and gas operations to cover pending financial...
There is no doubt that while sea surface temperatures are rising and glaciers around the world are receding, as far as the global economy is concerned, we are in for a big chill...
The US list of latter-day energy anxieties has a new item: labor. With Americans losing jobs faster than at any time in decades, the Obama administration proposes to make work...
The newly formed North Caspian Operating Co. BV (NCOC), as part of earlier agreement, has replaced the Agip KCO consortium as operator of Kazakhstan’s Kashagan oil field development...
Proved US oil reserves rose by 345 million bbl, or 2%, during 2007 to 21.32 billion bbl from 20.97 billion bbl at the beginning of the year, reported the US Energy Information...
Energy security must be an important and integrated element of US foreign policy, US Secretary of State Hillary R. Clinton said as the Senate considered her nomination.
General Interest Quick TakesFERC issues first ROE order incorporating MLPsThe Federal Energy Regulatory Commission rejected a Kern River Gas Transmission Co. settlement on Jan...
US President Barack H. Obama signed memorandums on Jan. 26 granting California and other states the right to raise air quality standards above the national level and ordering ...
Mexico’s Petroleos Mexicanos (Pemex), eyeing continued depletion at its main oil field, said the country’s oil production declined by 9.2% in 2008 to just under 2.8 million b/...
In their effort to access hydrocarbons, international oil companies (IOCs) face a major challenge: convincing national oil companies (NOCs) and host governments that they provide...
Madagascar’s oil and gas industry received a blow last week when thousands of demonstrators, demanding a new government, hit the streets and set fire to an oil depot.
In an unprecedented economic and financial crisis where “all reference marks have disappeared,” the president of the Institut Francais du Petrole (IFP), Olivier Appert, ventured...
Libya may nationalize its oil industry to control production as oil prices have plummeted over 70% over the past year, said Muammar Qadhafi, the country’s leader.