Volume 112, Issue 11b

Saudis have reasons better than shale to let prices fall

Nov. 17, 2014

Only by overlooking important forces in markets and politics can anyone assert that Saudi Arabia is letting crude prices fall mainly to extinguish competition from North American...

Drilling & Production

New API standards cover offshore drilling, production structures

Nov. 17, 2014

The American Petroleum Institute published five new recommended practices (RPs) for the design, construction, and maintenance of structures used in offshore oil and gas drilling...

Exploration & Development

Gas price uncertainty could defer projects, Niko says

Nov. 17, 2014

Niko Resources Ltd., Calgary, says uncertainty regarding natural gas price premiums in India could cause deferral of development of certain discoveries.

New Plants

Oil sands 2014-38 outlay to top $514 billion

Nov. 17, 2014

Total investment in Canadian oil sands projects during 2014-38 will exceed $514 billion (2013 Can.), according to the Canadian Energy Research Institute (CERI).

Production Operations

EIA: OPEC's anticipated inaction brings uncertainty to oil price forecast

Nov. 17, 2014

Brent crude oil prices fell to $84/bbl at the end of October from $95/bbl at the beginning of the month.

More content from Volume 112, Issue 11b

Exploration & Development

Investors await Mexico's Round One bid terms

Nov. 17, 2014

Investors and oil companies expect Mexico to release bid terms soon for its upstream bid round, Mayer Brown energy partner Dallas Parker and associate Gabriel Salinas said in ...

Government

More climate leaders

Nov. 17, 2014

Presidents Barack Obama of the US and Xi Jinping of China asserted international leadership in the politics of climate change by announcing on Nov. 12 new targets for cuts in ...

HSE

What's sustainable?

Nov. 17, 2014

Sustainability is eternally important and perpetually enigmatic. It's like justice: widely seen as embodying transcendent value yet defined in disparate ways.

New Plants

OGJ Newsletter

Nov. 17, 2014

International news for oil and gas professionals

Refining

Buyer emerges for shuttered St. Croix refinery

Nov. 17, 2014

Hovensa LLC, the joint venture of Hess Corp. and Petroleos de Venezuela SA (PDVSA), has found a buyer that hopes to restart its idled 500,000-b/d refinery on the island of St....

Government

Obama determined to let Keystone XL review process 'play out'

Nov. 17, 2014

US President Barack Obama reiterated his stance on Nov. 5 that the proposed Keystone XL crude oil pipeline's ongoing cross-border permit review process should be allowed to proceed...

Government

Watching Government: Considering the 2014 elections

Nov. 17, 2014

Not a whole lot changed for US oil and gas in the 2014 elections despite Republicans regaining majority control of the Senate and increasing their number of governorships.

Refining

CSB releases final report on Chevron Richmond refinery fire

Nov. 17, 2014

The US Chemical Safety Board (CSB) has issued the final regulatory report on its investigation of the August 2012 pipe rupture and ensuing fire at Chevron Corp.'s 257,000-b/d ...

Reserves

PwC: US oil, gas transaction value hits 10-year high in 3Q

Nov. 17, 2014

Driven by a rise in billion-dollar deals, midstream activity, and interest in upstream shale plays from foreign buyers, mergers and acquisitions in the US oil and gas industry...

Drilling & Production

TAEP: TPI continues record pace, but threatened by falling oil prices

Nov. 17, 2014

The Texas Petro Index (TPI), a composite index based on a comprehensive group of upstream economic indicators released by the Texas Alliance of Energy Producers (TAEP), continued...

New Plants

Better transportation seen as key to North American energy promise

Nov. 17, 2014

Significant transportation improvements will be essential for North America to fully realize its dramatically brighter oil and gas future, speakers agreed during a Nov. 6 discussion...