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  • Volume 122, Issue 2

    • Volume 122, Issue 2

    Hywind Tampen wind park, about 140 km off the Norwegian coast in 260-300 m of water, is the world’s first wind farm built to power offshore oil and gas platforms. Installed on floating concrete structures with a shared anchoring system, the farm has 11 wind turbines with a total 88-Mw generating capacity and powers Equinor-operated Gullfaks and Snorre fields. Photo by Karoline Rivero Bernacki/©Equinor.
    Energy Transition

    Journally Speaking: Supply chain expansion

    Feb. 13, 2024
    Securing the supply chain ranks high on the list of oil and gas industry priorities year after year. As oil and gas companies play an increasing role in shaping a lower-carbon...
    General Interest

    Editorial: Regulation in the air

    Feb. 13, 2024
    On Jan. 12, 2024, the EPA announced a proposed rule requiring US oil and gas companies to pay a $900/tonne waste emissions charge for methane exceeding a certain level.
    General Interest

    Export halt puts US LNG industry’s expansion plans at risk

    Feb. 13, 2024
    The future of the anticipated expansion of US LNG was put in jeopardy Jan. 26 when the White House ordered a halt of new export authorizations while the US Department of Energy...
    General Interest

    IEA: Oil demand growth to slow in 2024 while supply to hit new high

    Feb. 13, 2024
    Global oil demand growth decelerated to 1.7 million b/d year-on-year (y-o-y) in fourth-quarter 2023, significantly lower than the 3.2 million b/d rate observed in the second and...
    General Interest

    Murphy eyeing 5% year-over-year production growth by Q4

    Feb. 13, 2024
    The leaders of Murphy Oil Corp., Houston, plan to steadily grow production over the course of 2024 to finish a little below 200,000 boe/d, about 5% above the 185,000 boe/d produced...

    More content from Volume 122, Issue 2

    General Interest

    EPA sets rules for proposed oil and gas industry methane emissions

    Feb. 13, 2024
    US oil and gas companies would pay $900/tonne this year for methane emissions exceeding certain levels under a proposed rule released by the US Environmental Protection Agency...
    General Interest

    IEA: Panama Canal congestion to slow US-Asia LNG trade

    Feb. 13, 2024
    In 2023, the number of US LNG cargoes passing through the Panama Canal declined sharply, particularly in the second quarter (down 16% year-on-year), in favor of alternative routes...
    General Interest

    ExxonMobil’s Baton Rouge refinery wraps modernization program

    Feb. 13, 2024
    ExxonMobil Corp. has completed its previously announced multiyear modernization program to ensure long-term competitiveness of subsidiary ExxonMobil Fuels & Lubricants Co....
    General Interest

    Middle East, China, Africa to lead crude throughput growth in 2024

    Feb. 13, 2024
    China’s dominant position in global refinery activity growth is expected to ease in 2024, according to the International Energy Agency (IEA). The Middle East is anticipated...
    General Interest

    Chesapeake to buy Southwestern for more than $7 billion

    Feb. 13, 2024
    Chesapeake Energy Corp., Oklahoma City, plans to pay about $7.4 billion for Southwestern Energy Co. to create a natural gas producer with daily production slightly larger than...
    General Interest

    Petrobras proceeding with upgrading, expansion works at RNEST refinery

    Feb. 13, 2024
    Petróleo Brasileiro SA (Petrobras) has formally resumed its investment program for the long-planned expansion and upgrade of its Refinaria Abreu e Lima (RNEST) refinery...
    Photo by Cathy Landry.
    US Capitol.
    General Interest

    Oil, gas face headwinds, but opportunities remain

    Feb. 13, 2024
    Oil and gas companies will face headwinds in 2024 as the Biden administration looks to implement several landmark environmental rules and courts address a myriad of issues that...
    T-Field Reservoir Model (Fig.1).
    Energy Transition

    Repurposed gas reservoirs, pipelines increase hydrogen applications

    Feb. 13, 2024
    Depleted natural gas reservoirs and existing gas pipelines are options for hydrogen storage and transport. Hydrogen’s unique properties, however, require specific analyses of ...
    Thermal Power Sensitivity (Fig. 1).
    Energy Transition

    Repurposed wells may produce geothermal energy

    Feb. 13, 2024
    Repurposing existing oil and gas wells for geothermal applications eliminates drilling costs for new geothermal wells and eliminates plug and abandonment (P&A) costs for decommissioned...
    Photo from Essar.
    Essar's 770-hectare Stanlow manufacturing site in northwest England (Fig. 1).
    Energy Transition

    Essar advances decarbonization program for Stanlow refinery

    Feb. 13, 2024
    Essar Energy Transition is advancing a program to transform Essar Oil (UK) Ltd.’s 10-million tpy Stanlow integrated refining complex at Ellesmere Port, Cheshire County, England...
    Liquefied CO2 Cargo Characteristics (Fig. 1).
    Energy Transition

    Liquefied CO2 shipment requires standardized infrastructure

    Feb. 13, 2024
    The standardization of ship and shore infrastructure is crucial for the rapid development of liquefied CO2 (LCO2) shipping, which is a vital part of the carbon capture and supply...