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  • Volume 108, Issue 11

    • Volume 108, Issue 11

    Pennwell web 450 1800
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    OGJ Newsletter

    March 22, 2010
    General Interest — Quick TakesAPGA backs bills to stop EPA's GHG programA trade association representing 720 municipally and publicly owned natural gas distributors expressed ...
    Refining

    Crude nears record quarterly price

    March 22, 2010
    Oil prices had a strong start this year with the first quarter on course for the fifth-highest quarterly average price ever for key benchmark crudes and "on track to average even...
    Home

    OGJ's approach to news

    March 22, 2010
    From remarks by the author on receipt of the 2010 Crain Award at American Business Media's 56th Annual Jesse H. Neal National Business Journalism Awards ceremony Mar. 11 in New...
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    Services/Suppliers

    March 22, 2010
    GE Oil & Gas,Florence, Italy, has appointed Michael Bellamy general manager of GE Oil & Gas's PII Pipeline Solutions business. He replaces John Bucci, who is retiring after 34...
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    Money and credit changes seen as threats to oil price

    March 22, 2010
    In the unusually complex oil market of the present, producers might profitably expect prices to swoon soon and hope events prove them wrong.

    More content from Volume 108, Issue 11

    Pennwell web 600 465
    Refining

    The oil price 'bullwhip': problem, cost, response

    March 22, 2010
    From 1949 until 1973, the average annual price of oil fluctuated within a 7% band, but from 1981 through 2008 the variation leapt to almost 10 times that amount.
    Tankers

    Russians, Chinese eye Arctic oil route

    March 22, 2010
    Russia's Sovcomflot oil line will undertake a trial shipment of oil to Japan this summer, reported to be the first shipment ever to sail the entire Northern Sea Route from northwest...
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    Advertisers Index

    March 22, 2010
    API..... www.api.org/meetingsIndustrial Rubber, Inc..... www.iri-oiltool.comKuwait Oil Company..... http://www.kockw.comNachurs Alpine Solutions..... www.nasindustrial.comPennEnergy...
    Exploration & Development

    Norway's Environmental Ministry reviewing offshore drillsites

    March 22, 2010
    Norway's Environment Ministry plans to release a report in April detailing plans for the future management of the oil-rich but environmentally sensitive area off the Lofoten Islands...
    Refining

    API: US gasoline demand breaks February records

    March 22, 2010
    US gasoline demand and production broke records for a February last month, the American Petroleum Institute said in its latest monthly statistical report.
    Companies

    Editorial: Alberta's royalty retreat

    March 22, 2010
    Alberta is trying to correct its oil and gas royalty mistake of 2007.
    LNG

    Dutch LNG terminal operator drops port plans

    March 22, 2010
    Dutch LNG terminal operator 4Gas has dropped plans to construct a regasification terminal in the Port of Rotterdam after failing to reach agreements with customers on long-term...
    Government

    Watching Government: Lithi takes NOIA's helm

    March 22, 2010
    When I asked Randall B. Luthi how he felt going to work for an organization whose members he used to regulate, he replied: "The players have changed. The situation hasn't. Energy...
    General Interest

    CERAWeek: Report cites energy efficiency need

    March 22, 2010
    The need to address climate change and the expected surge in energy demand from the developing world have moved energy efficiency to the top of the agenda for government and business...
    Companies

    Shell to divest 15% of its refining capacity

    March 22, 2010
    Royal Dutch Shell PLC forecast its production will climb 11% during 2009-12, saying it plans to cut costs by divesting 15% of its refining capacity and 35% of its retail markets...
    LNG

    CERAWeek: LNG industry struggles with oversupply

    March 22, 2010
    Global LNG players are struggling with the current abundance of LNG capacity and the companion spike in supply from unconventional sources, mainly shale gas in North America.
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    Pipelines & Transportation

    Study examines options for limiting cold-weather pipeline flow reduction

    March 22, 2010
    Addressing increased crude oil viscosity at low temperatures in a transportation setting requires examining a variety of potential solutions, as simply preheating the oil or insulating...
    Refining

    Uganda defers decision on Tullow's farmout plan

    March 22, 2010
    Uganda said it will defer for a month its decision about farmout arrangements for several oil blocks made by Tullow Oil and potential partners Total and China National Offshore...
    Companies

    CERAWeek: Statoil CEO makes case for natural gas focus

    March 22, 2010
    A stronger commitment to natural gas as a source of energy is the fastest, easiest way to reduce global greenhouse gas emissions, according to Statoil Chief Executive Officer ...
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    Exploration & Development

    MMS Lease Sale 213 attracts $949 million in apparent high bids

    March 22, 2010
    Apparent high bids totaling just over $949 million were offered 468 tracts in the central Gulf of Mexico at Lease Sale 213, reported the US Department of the Interior's Minerals...
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    Companies

    OGJ FOCUS: Various factors affect subsea multiphase metering design

    March 22, 2010
    Operating companies need to address many factors in designing subsea metering installations. Among these are five major ones discussed in this article.
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    Petrochemicals

    GUIDE TO WORLD CRUDES: Statoil's Njord is light, low-sulfur crude

    March 22, 2010
    Statoil has developed Njord field with a floating steel platform, Njord A (photograph), which has an integrated deck with drilling and processing, as well as living quarters.
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    Discoveries

    Fault seal analysis indicates potential of Paleogene reservoirs in Pakistan

    March 22, 2010
    This study is carried out for Dhulian and Khaur oil fields in Pakistan in the Potwar subbasin at the northern margin of the Indian Plate.
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    Equipment/Software/Literature

    March 21, 2010
    New web site details oil field gear drivesNuttall Gear has launched a new web site that provides information on its line of enclosed helical gear drives including Moduline concentric...
    Pipelines & Transportation

    WoodMac: Gas glut forcing Gazprom to look elsewhere

    March 20, 2010
    Russia faces a difficult natural gas market in short and medium terms, with both prices and market share coming under pressure.