Volume 112, Issue 7a

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Poll slump hints Americans weary of whining president

July 15, 2014

Ominous poll results bespeak collapse in the stature of a US president consistently hostile to oil and gas.

Refining

Hydrocracker upgrade yields promising results at New Zealand refinery

July 15, 2014

New Zealand Refining Co. Ltd. (NZRC) said results from the first in a series of efficiency upgrades to the hydrocracking unit at its 107,000-b/d Marsden Point refinery indicate...

Home

EIA: Texas, N. Dakota provided nearly half of US crude production in April

July 15, 2014

Crude oil production in the US during April totaled 8.4 million b/d, with Texas and North Dakota accounting for 4 million b/d, according to data from the US Energy Information...

Home

North Dakota gives teeth to flaring reduction plan

July 15, 2014

North Dakota operators that fail to meet the state's flaring reduction targets may soon be forced to curtail oil production from wells targeting the Bakken and Three Forks formations...

LNG

Chile looking to gas to meet energy demand, energy minister says

July 14, 2014

Chile is focusing its attention on natural gas to meet the country's energy demand challenges, stated Maximo Pacheco Matte, the newly appointed Minister of Energy, during a July...

More content from Volume 112, Issue 7a

Production Operations

An independent Scotland

July 14, 2014

The next possible surprise for oil and gas producers working on the UK Continental Shelf (UKCS) is one that can be seen coming.

Government

Time to do right some more

July 14, 2014

Most people do the right thing most of the time. This statement is not just an adage or a pleasantry or a disappointing fortune-cookie screed.

Production Operations

EIA: Low-permeability formations driving Permian oil production surge

July 14, 2014

Crude oil production in the Permian basin has increased to 1.35 million b/d in 2013 from 850,000 b/d in 2007.

Exploration & Development

BHP Billiton farms into deepwater Trinidad and Tobago blocks

July 14, 2014

BHP Billiton Ltd. has acquired a 70% stake in BP Trinidad & Tobago's (BPTT) two deepwater blocks off Trinidad and Tobago's east coast, leaving the Caribbean twin-island nation...

Production Operations

EIA expects higher gasoline prices for driving season, full year

July 14, 2014

During the April-September summer driving season this year in the US, regular gasoline retail prices will average $3.66/gal, 8¢/gal higher than last year and 4¢ higher than projected...

LNG

Trinidad and Tobago signal BP, BG for larger stake in ALNG train

July 14, 2014

The Trinidad and Tobago government has signaled to BP PLC and BG Group that it wants a bigger share of the ownership of Atlantic LNG's Train 1 when the companies negotiate a new...

Companies

OGJ Newsletter

July 14, 2014

International news for oil and gas professionals

General Interest

Maersk to divest oil field, write off $1.7 billion in Brazil assets

July 14, 2014

Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, has opted to write off $1.7 billion in investments in Brazil's Wahoo and Itaipu fields while divesting...

Petrochemicals

US industrial gas use seen up 19% by 2020

July 14, 2014

New projects will boost industrial use of natural gas in the US during 2012-20 by 19%, according to the Center for Energy Economics (CEE), part of the Bureau of Economic Geology...

Reserves

Total sees new West of Shetland hub with Edradour gas project

July 14, 2014

Total SA expects to add oil and gas reserves exceeding 65 million boe to its Laggan-Tormore gas and condensate development in deep water west of the UK Shetland Islands by developing...