Oil & Gas Journal Articles, November 2008

Table of Contents

Regular Features

OGJ Newsletter

Letters

Warming debate needed

The US still has a serious energy problem, and many organizations are searching for the right energy policy, with most doing this in a fossil-fuel constrained world.

Journally Speaking

Oil shale promise

Many countries in the world look towards oil shale as a source for future energy needs.

Services/Suppliers

Equip/Software/Lit

Market Journal

OPEC cut yields no immediate effect

The decision by ministers of the Organization of Petroleum Exporting Countries to cut production by 1.5 million b/d effective Nov. 1 from the official quota of 28.8 million b/d had no immediate effect on plummeting crude prices.

Editor's Perspective

Officials prepare to rescue ethanol from new crisis

As fuel ethanol approaches a new crisis, the federal government busily fashions another rescue.

General Interest

Editorial: The whipsaw effect

Extreme swings in the price of oil are bad for everyone. Price-related political mistakes compound the damage.

Special Report: POINT OF VIEW: New SEG chief keeps eye on nonseismic advances

Moving new seismic methods from theory to practice can require attention to progress in separate but related scientific and engineering disciplines, says the incoming president of the Society of Exploration Geophysicists.

FTC moves to stop Newpark Environmental US unit sale

The Federal Trade Commission voted on Oct. 23 to challenge CCS Corp.’s proposed $85 million acquisition of Newpark Environmental Services Inc.’s US operations, claiming it to be an antitrust violation.

GAO finds agencies using oil products to fuel AFVs

Federal government agencies are meeting requirements to acquire alternative fuel vehicles (AFVs), but they currently are running them on petroleum products, the US Government Accountability Office said Oct. 23.

AGF study finds US can compete in global LNG market

The US will find that it is able to compete in global LNG markets as worldwide supplies grow and markets stabilize, a study commissioned by the American Gas Foundation concluded.

Watching Government: Sustainability close to home

When voter unrest over $4/gal gasoline prices made Congress consider expanding US offshore oil and gas development late last summer, one group already was asking specific questions about the US coastal area where a lot of energy development has taken place.

CFTC asked about energy commodity swaps’ effect on prices

Three US House Energy and Commerce Committee Democrats on Oct. 24 asked the Commodity Futures Trading Commission new questions about the potential impact of unregulated energy commodity swaps and futures on prices.

Russia, China leaders agree on ESPO oil pipeline spur

Russia’s state-owned OAO Transneft and China National Petroleum Corp. have signed a landmark agreement calling for the construction of a 67-km, 300,000 b/d pipeline spur from the East Siberian Pacific Ocean pipeline.

Watching the World: Flash Gordon backs down

British Prime Minister Gordon Brown has very rarely been viewed as a friend of the oil and gas industry, but his lack of popularity took a new low last week.

Arctic-class shuttle tanker performance to be tested in 2009

The American Bureau of Shipping, ConocoPhillips, Sovcomflot Ltd., and Samsung Heavy Industries Ltd. are jointly participating in a pioneering study to measure the effect of ice loads on Arctic-class shuttle tanker performance.

Chevron on trial in San Francisco for rights abuses

Chevron Corp. is at the center of a legal case before federal court in San Francisco that will ask jurors to decide whether the firm sanctioned human rights abuses that resulted in the deaths and injuries of protesters at its Nigerian facilities, or whether the company was simply protecting its employees from belligerent kidnappers.

Financial meltdown threatens Nigeria gas development

News reports from Nigeria indicate that the current global financial meltdown, with its lower oil and gas prices and financial lending uncertainty, is threatening Nigeria’s December deadline for developing its natural gas antiflaring program.

Malaysia downplays territorial dispute with Indonesia

The Malaysian government, attempting to downplay recent concerns about a possible military conflict with Indonesia, said the Bukat Block, operated by Italy’s Eni SPA, falls outside the territory disputed with Indonesia.

Exploration & Development

Special Report: Logical expressions a basic tool in reservoir characterization

In this research the basic aspects of applying logical expression as fuzzy logic to a seismic data set and its application in reservoir characterization are proposed.

Drilling & Production

Chinese design drilling fluids for Tuha’s Jurassic sandstone

New drilling fluids prevent formation damage in a sandstone reservoir in northwest China’s Turpan Hami (Tuha) basin.

Rental units supplied power during Sakhalin-2 construction

During construction of Sakhalin-2 Phase 2 production facilities, rental units provided a wide range of flexible power systems, according to Aggreko PLC, provider of the units.

Processing

US PROPANE: SECOND-THIRD QUARTERS 2008: Midyear inventory woes aggravated by hurricanes

A strong sense of déjà vu pervaded Gulf Coast propane markets during third-quarter 2008, as comparisons of September 2008 with the hurricane season of 2005 abounded.

Transportation

Altex CEO guides newbuild sands crude transport project

Altex CEO and Pres. Jack Crawford, as one of the principals in the Alliance Pipeline project, is familiar with the problems accompanying large new infrastructure projects such as the Altex Pipeline.

This Issue

Volume 106
Issue 41
November 2008
 

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