Table of ContentsRegular FeaturesMarket fundamentals dampen optimismHope for economic recovery raised the front-month contract of benchmark US crudes briefly above $60/bbl for the first time this year on the New York Mercantile Exchange before it fell back to $56.34/bbl in the week ended May 15.
Journally SpeakingGen-Y oil and gas workersWhether just or unjust, every generation has its stereotypes. Many assume Baby Boomers are ambitious corporate-ladder climbers.
Editor's PerspectiveGeneral InterestEditorial: A frosty political climateHere’s a tough question for the US oil and gas industry: How much of the nightmare forming in Washington, DC, must come true before companies begin to decamp? It’s a global industry.
Special Report: FIRST OF TWO PARTS—Alaskan tax reform: Intent met with oilThe two-part series beginning here takes a detailed look at a crucial element of Alaskan production: taxes.
Alaska Point Thomson drilling under way, AOGA toldExxonMobil Corp. expects the first well in Alaska’s $1.3 billion Point Thomson condensate project to cost $209 million compared with $6-8 million for a typical well in Prudhoe Bay field.
Nonproducing lease definition needed, DOI’s Salazar toldUS House Interior Appropriations Subcommittee leaders asked Secretary of the Interior Ken Salazar a basic question when he presented his department’s fiscal 2010 budget request on May 13: How does Interior define a nonproducing lease?
Watching Government: Issues beyond cap-and-tradeIn a sense, some pressure was off American Petroleum Institute Pres. Jack N. Gerard the morning of May 18.
API’s Gerard: Allowances uneven in cap-and-trade billA carbon cap-and-trade bill before the US House needs to be reworked so allowances are distributed more evenly across the entire economy, American Petroleum Institute Pres. Jack N. Gerard said on May 18.
EIA: US gas demand, supply to fall; prices to swing upTotal US natural gas consumption this year will drop by nearly 2%, according to the most recent Short-Term Energy Outlook from the US Energy Information Administration.
Barclays weighs in on LNG debateSpeculation about whether greater numbers of LNG spot cargoes will come to US terminals this summer was also the subject of a recent report from Barclays Capital Research.
CERA study says Canadian oil sands boost total GHG emissions 5-15%Total emissions of greenhouse gases associated with Canadian oil sands exceed those related to average crude oil processed in the US by 5-15%, says a study by IHS Cambridge Energy Research Associates.
Americas to see LNG terminals commissioned in JuneIn June, three LNG terminals in the Americas will begin commissioning.
China plans host of domestic petrochemical plantsChina, concerned over forecasts of increased competition from Middle Eastern petrochemicals suppliers, reported plans to construct a host of domestic petrochemical plants.
Brazil, China agree on $10 billion loan packageBrazil’s Petroleo Brazileiro SA (Petrobras) completed negotiations with the China Development Bank for a 10-year, $10 billion bilateral credit line.
Exploration & DevelopmentSmallest Philippine block has shallow gas, deep reef potentialRecord attendance levels experienced at the Apr. 20-24 Southeast Asia Petroleum Exploration farmout forum in Singapore signal an undiminished level of interest in regional exploration prospects.
Drilling & ProductionNew correlations calculate volatile oil, gas condensate PVT propertiesNew correlations provide modified black-oil (MBO) pressure-volume-temperature (PVT) properties when fluid samples are unavailable.
ProcessingLIQUIDS ENTRAINMENT—2: On line liquid-entrainment testing confirms CFD model predictionThis is the second of three articles that describes BP’s experience with reciprocating compressor damage from liquids intrusion at two facilities, in Oklahoma and Alaska.
TransportationStudy examines coating compatibility with CPFor a pipeline coating to be truly compatible with cathodic protection (CP), the coating should allow CP protection to the pipe even if disbondment occurs and water penetrates between the coating and pipe.
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