Table of ContentsRegular FeaturesJournally SpeakingThe voles of Hoo PenAs industrial facilities go, LNG terminals are generally among the cleanest and quietest to be found.
Editor's PerspectiveProphecy fulfilled: Democracy stalls climate sacrificeA prominent prophet of climate doom appears, after all, to be prophetic.
Market JournalVolatile second quarter pricesOil prices were sharply volatile entering the second quarter of 2009 and are likely to remain “within a rising trend,” said Paul Horsnell, managing director and head of commodities research at Barclays Capital Inc. in London.
General InterestEditorial: Recruiting problems aheadThe oil and gas industry fretted about recruitment of engineers and scientists while it was scrambling to hire them in the boom years that now are history.
Latin American oil, gas policies remain in fluxOil and gas producing countries in Latin America have adopted diverse approaches to energy policy and the extent to which international companies are allowed to invest or operate in conjunction with the various national oil companies.
Contractors to accelerate Chicontepec drillingPemex is in the process of awarding a series of contracts to service providers and drilling companies to accelerate production in Chicontepec, which was discovered during the 1920s.
Low oil prices pinching Venezuela, minister saysVenezuelan Finance Minister Ali Rodriguez Araque said the drop in world oil prices will cause budget revenues of his country to be reformulated as well as changes in economic growth estimates, which are now 1-2%.
Japan, Venezuela agree on oil, gas developmentsJapan and Venezuela, following meetings in Tokyo between Venezuelan President Hugo Chavez and Japanese Prime Minister Taro Aso, have agreed to investments of $33.5 billion to develop oil and gas projects in Venezuela for Japanese markets.
Putin: OAO Transneft to complete ESPO’s first phase ‘within weeks’Russia’s Prime Minister Vladimir Putin on Apr. 7 said state-owned pipeline operator OAO Transneft will complete construction of the first phase of the East Siberia-Pacific Ocean (ESPO) oil pipeline “within weeks.
Watching The World: Showdown in Uganda?I s a showdown looming in Uganda? The oil and gas industry has heard much recently of developments in the country, not least the desire on the part of Ugandan officials to develop a refinery instead of an export pipeline.
Hearing provides preview of US energy commodity reformA US Senate Energy and Natural Resources subcommittee hearing on Mar. 25 showed the steps one congressional energy commodity reform advocate would like the federal government to take.
Watching Government: Two views of line proposalA proposal by US Sen. Maria Cantwell (D-Wash.) to amend a section of the Natural Gas Act so interstate gas pipelines would be subject to the same refund procedures as electricity suppliers has drawn differing reactions.
DOI offers initial estimates of OCS oil and gas figuresThe US Outer Continental Shelf holds an estimated 66-115 billion bbl of oil and 362-565 tcf of natural gas, the US Department of the Interior said.
EIA conference: Ample US natural gas supplies pose challengesUS natural gas supplies are sufficiently ample that prices should continue in the $4-6/Mcf range for the near term, market observers said Apr. 7 during the US Energy Information Administration’s 2009 annual conference.
Nanotechnology seen boosting recovery factorsNanotechnology, the control of matter on the atomic and molecular scale, might someday boost the average global recovery factor of oil and gas by 10 percentage points, said an oil company executive at the RMI Oilfield Breakfast Forum in Houston Apr. 8.
Minister: Qatar to complete North field study in 2012Qatar expects in 2012 to have the results from its study analyzing the effects of its gas projects from the major North gas field, Qatar’s petroleum minister told OGJ.
Role seen for integrated companies as NOCs grow more dominantNational oil companies will become increasingly dominant, but will need to work with investor-owned integrated firms, panelists said Apr. 7 during the US Energy Information Administration’s 2009 annual conference.
Exploration & DevelopmentTullow finds more Uganda oil, nears award of Congo blocksTullow Oil PLC announced a new oil discovery in Uganda and also is negotiating with neighboring Congo (former Zaire) to reacquire exploration rights to two blocks there.
Drilling & ProductionCompanies adopt efficient waste-management unitsUntil recently, the prevailing perception of the oil and gas industry operating in emerging areas was that waste represented an unwelcome inconvenience.
ProcessingSpecial Report: European LNG demand trends unclear amid continued global economic turmoilThe last couple of years have proven to be dramatic for the global LNG industry, matching few of the industry’s expectations of only a few years ago.
Special Report: Technology developments reach operations in 2008-09The LNG industry in the past year has passed more technology milestones in its rapidly evolving recent history.
TransportationEconomic crisis clouds outlook for Asia-Pacific’s LNG demandAsian LNG demand growth has been critical in the growth of global LNG, accounting for an average 50% of global incremental consumption since 2000.
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