With more capacity cuts looming and financial metrics still under strain, the North American refining industry remains a credit risk, reports Fitch Ratings.
USSenate Energy and Natural Resources Committee Ranking Minority Member Lisa Murkowski and EPA Administrator Lisa P. Jackson exchanged letters about EPA's effort to implement ...
Oil & Gas Journal's semiannual Worldwide Construction Update shows a decline in construction activity compared with the previous edition of the update.
China's oil and gas industry seeks a great leap forward, judging from statements of PetroChina's Chairman Jiang Jiemin, who sees the acquisition of new technology as the basis...
The Obama administration announced a US Outer Continental Shelf strategy that it said would open new areas for responsible oil and gas development while protecting fisheries, ...
BP PLC Chief Executive Tony Hayward and federal workplace safety officials separately marked the 5th anniversary of the fire and explosions that killed 15 people and injured 180...
Russia's oil pipeline monopoly OAO Transneft plans to start lengthening the East Siberia–Pacific Ocean (ESPO) oil pipeline in 2011, with completion set for 2013.
General Interest — Quick TakesAPI, NPRA legally challenge new EPA RFS2The American Petroleum Institute and the National Petrochemical & Refiners Association filed separate legal...
Diversity, competition, and efficiency will be the key factors if the world is to balance energy security, employment, and economic development with combating global climate change...
The oil and gas industry can strengthen its political footing in the US by hitching its arguments to ideals beyond the usual pragmatics of energy security, jobs, wealth creation...
The biggest official news coming out of the Organization of Petroleum Exporting Countries' Mar. 17 meeting was that it was the first in the group's new secretariat offices in ...
The new US Securities and Exchange Commission oil and gas disclosure reserves rules that came into effect for filings after Jan. 1 were intended to modernize definitions and give...
Production growth under new contracts in Iraq will raise pressure on the Organization of Petroleum Exporting countries to limit supply and to return Iraq to the group's quota ...
New top drive offers less downtimeHere's the new 500t Model TD-500-HT top drive that promises less downtime combined with higher drilling performance and improved safety.The unit...
No big surprises were reported at the recent National Petrochemical & Refiners Association meeting in Phoenix, although analysts at KBC Market Services, a division of KBC Process...
A growing amount of transmission pipeline construction has taken place over the past 5 years in countries that have become members of the European Union in two integration waves...
Artificial Lift Company Ltd. (ALC),Egham, Surrey, UK, has promoted Peter Moulsdale to director and vice-president, operations. He joined ALC in 2007 and has played a key role ...
In the Mar. 15 Journally Speaking column, "Oil market uncertainty," the issue of frustration over the lack of precision in price forecasts was raised yet again.
As global reserves of conventional crude oil continue to decline, increased reliance on heavy and ultraheavy feedstocks will result in higher upgrading costs and more importantly...
An industry loathed by the political left should cringe at audacious manipulations deployed in service to unpopular legislation for reform of US health care.
Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose quickly from 2,159.2 in January 2008, to 2,329.3 in August that year.
Pakistan Minister for Petroleum and Natural Resources Syed Naveed Qamar said 59 onshore and offshore exploration wells were drilled in Pakistan since January 2008, resulting in...
Venezuela said its proved oil reserves rose by 23% to 211.17 billion bbl due to the addition of 39.24 billion bbl mainly from the Orinoco heavy oil belt.
A consortium comprised of Petroleo Brasileiro SA (Petrobras), BG Group PLC, and Portugal's Galp Energia SGPS SA completed a drillstem test on the Tupi Northeast well (3-BRSA-755A...