An international team led by the US Geological Survey (USGS) and India’s Directorate General of Hydrocarbons released the results Feb. 7 of what they describe as the world’s most...
New girth weld pipeline inspection systemNewly released Weldstar is a complete, automated ultrasonic girth weld inspection system for transmission pipelines. The company says ...
Aker Kvaerner ASA,Oslo, has appointed Simen Lieungh president and CEO, effective in March. He succeeds Martinus Brandal, who has been named executive vice-president, energy technologies...
Crude futures prices fluctuated sharply within a $5/bbl range in a directionless market in early February, with traders torn between fears of an economic recession and potential...
Oil futures have continued to rise due to traders’ concerns over the war of words launched by Venezuelan President Hugo Chavez after ExxonMobil Corp. last week won a court injunction...
BP PLC is seeking to improve the financial performance of its refining and marketing assets, said BP Chief Executive Tony Hayward Feb. 5 while discussing companywide 2007 financial...
ExxonMobil Corp. has surpassed its own world record for reaching offshore deposits with land-based extended-reach technology, drilling from an onshore well at its Sakhalin-1 project...
Two separate scientific studies released on Feb. 7 asked if converting forests to farm land for ethanol crops will do more environmental harm than good.
General Interest - Quick TakesEIA: OPEC oil export revenues climbed 10% in 2007Members of the Organization of Petroleum Exporting Countries earned an estimated $674.7 billion ...
Planned pipeline construction to be completed in 2008 rose by more than one-third from the previous year, driven by large crude oil transportation projects in both the US and ...
There are enough conventional and unconventional petroleum resources to satisfy global demand for liquid fuels “for many decades,” but it will require better planning and cooperation...
