Table of ContentsRegular FeaturesLettersResponse to responsesYou have published two responses in recent Journals to my letter on global warming (OGJ, July 7, 2008, p. 12).
Journally SpeakingHappy accidentsThanks to “a guy working on hydraulic pressure in Italian Renaissance water gardens, we have the combustion engine,” said James Burke in his book “Connections.
Services/SuppliersEquip/Software/LitEquipment/Software/LiteratureThe ALTOSONIC III, a three-beam custody transfer ultrasonic flowmeter, is intended to replace turbines and other type meters in the fiscal measurement of light liquid hydrocarbons.
Editor's PerspectiveFinancial crisis hurts outlook for EU energy goalsThe folly of governmental targets for energy use is coming into clear focus in Europe.
Market JournalOPEC: Oil demand deterioratesAlthough there were no production adjustments at their Nov. 29 consultation in Cairo, members of the Organization of Petroleum Exporting Countries did note the rapid deterioration of demand prospects since their Oct. 24 agreement to reduce production effective Nov. 1.
General InterestEditorial: Obama and climate changeThe problem with being president of the United States is that the holder of the office must balance priorities, make ultimate compromises, and still lead.
Special Report: Oil industry ramps up for hydrogen vehiclesIn the coming decades, demand for energy in the world will increase significantly, while access to “easy oil” will become more difficult, and the threats of global warming will continue to grow.
Special Report: Industry high grading alternative energy assetsOil companies are rearranging and fine tuning their alternative energy assets to determine which ones they want to pursue for pilot demonstration projects and eventual commercialization, an industry consultant believes.
CGES: Russia grappling with faulty oil export tax systemRussian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices that started in early July.
WoodMac: Natural gas to trade at $5-6/MMbtu to 2013US natural gas is expected to trade at $5-6/MMbtu over the next 5 years, said an executive of Wood Mackenzie Ltd., Edinburgh, at a recent energy forum sponsored by that firm in Houston.
Analyst sees Libya’s oil, gas production risingLibya will supply 17.37% of Africa’s regional oil supply by 2012, while accounting for about 7.45% of African oil demand, according to a recent BMI analyst report.
Watching The World: Cash flows to ice floesNo one can be sure if Santa Claus exists, but oil and gas companies may soon find out as more of them head toward the North Pole in the search for new reserves.
Watching Government: Republicans on the riseTwo congressional Republicans are poised to move into important positions for the oil and gas industry as the US Senate and House change committee assignments.
BLM Utah head defers leases in response to NPS concernsTwo congressional Republicans are poised to move into important positions for the oil and gas industry as the US Senate and House change committee assignments.
Saudi Aramco delays fourth development projectSaudi Aramco, continuing to review and delay development projects in the light of the global financial crisis, has cancelled plans for a $1.2 billion project to restart production from its historic Dammam oil field.
US, Canadian producers post strong 3Q resultsRecord oil prices in July and strong refining margins in September resulted in a surge in earnings for a group of US-based oil and gas producers and refiners for the third quarter of this year.
Exploration & DevelopmentGhana’s latest discovery hints at growing potentialTullow Oil PLC (“Tullow”) said its recent shallow-water Ebony discovery in the Gulf of Guinea off Ghana could be an indication of further prospectivity in deeper water.
Research sought on unconventional gasResearch Partnership to Secure Energy for America (RPSEA), Sugar Land, Tex., has requested industry proposals for projects on gas shales, coalbed methane water management, and tight sands.
Drilling & ProductionTests prove out self-powered, wireless, pump torquemeterLaboratory tests and a field trial in Carmopolis field in northeastern Brazil verified that a self-powered, wireless torquemeter provided a new and better method for determining the reducer torque in a beam pumping unit.
ProcessingStudy compares C2-recovery for conventional turboexpander, GSPAmong the various ethane-recovery processes, the turboexpander process is the most widely used.
TransportationChina seeks oil security through fleet expansionChina’s push for energy security has prompted a program for building 70 additional very large crude carrier (VLCC) tankers.
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