The US Senate voted Mar. 13 to extend moratoria on federal oil and gas leasing on most of the Outer Continental Shelf as well as on developing oil shale resources.
New offshore crew supply vesselA new offshore crew supply vessel designed for international operations combines the Cheetah CrewZer high speed Class DP2 catamaran and the nine...
CubaSherritt International Corp., Toronto, plans to drill one exploratory well and 11 development wells as part of its companywide $150 million budget for 2008.Sherritt expects...
Preventing black powder contamination from damaging a gas pipeline’s metering system requires regular dismantling and cleaning of its metering instruments, manifolds, impulse ...
Honeywell International Inc.,GilsdorfClick here to enlarge imageMorris Township, NJ, has appointed Norman Gilsdorf to vice-president and general manager for Honeywell Process ...
For seven sessions Mar. 5-13, the front-month crude contract consecutively set record high prices on the New York Mercantile Exchange as the US dollar fell to record lows vs. ...
The letter “Peak-oil context” by Michael Lynch correctly points out that large additional reserves continue to be added to the world’s capacity, despite statements that the “elephants...
It’s March. Gasoline demand is weak, and inventories of the fuel are comfortable with higher imports, but the price is close to $1/gal higher than it was this time last year.
The total transaction value for worldwide upstream corporate and asset deals slipped to $154 billion in 2007 compared with $166 billion in 2006, consultants said in an annual ...
Two federal sales of offshore oil and natural gas leases in the eastern and central planning areas of the Gulf of Mexico have attracted a total of more than $3.7 billion in apparent...
Valero Energy Corp. is conducting a “strategic alternative review” of three of its refineries in an effort to possibly sell them, according to Chief Executive Officer Bill Klesse...
Two leading Democrats on the US House Energy and Commerce Committee announced an investigation into the US Department of Justice’s Oct. 22 plea agreement with BP concerning the...
General Interest - Quick TakesEU member states’ gas use falls 1.5% in 2007Natural gas consumption in the 27 member states of the European Union fell 1.5% in 2007 compared with...
Several coastal states have used the congressionally imposed federal leasing moratorium for about 30 years to keep oil and gas activity away from their shores.
To produce the heavy oil from the JUB-6 well in the Jubarte field off Brazil, Petrobras decided to install the highest horsepower electric submersible pump (ESP) yet installed...
StatoilHydro Angola conducted an assay of the Mondo crude, which is part of the Kizomba C development that started production in January 2008, off Angola.
Interest in Fischer-Tropsch (F-T) chemistry and associated technologies such as gas-to-liquids (GTL) and coal-to-liquids (CTL) continues to grow worldwide.
