When US President George W. Bush signed HR 6, the Energy Independence and Security Act, into law on Dec. 19, 2007, he called it an example of what can be accomplished when Congress...
Venezuela will account for just 8.04% of Latin American oil demand by 2011 while providing about 28.24% of its oil supply by then, according to a recent analyst report.
Russia’s OAO Gazprom is in talks with Nigerian energy officials to develop the country’s vast gas reserves under a possible $2.5 billion deal, prompting fears in Europe and the...
The wider powers to be granted regulatory authorities under terms of the European Commission’s proposed “Third Energy Package” directive, which was announced Sept. 19, 2007, are...
The South Korean government will ban the entry of single-hulled tankers into its waters starting in 2011, about 5 years earlier than originally planned, as the Asian nation continues...
General Interest - Quick TakesWestwood sees jump in deepwater investmentOperators will make capital investments in deepwater exploration and production of nearly $25 billion/year...
Alaska Gov. Sarah Palin and other state officials said they support an application by Marathon Oil Co. and ConocoPhillips Alaska Natural Gas Corp. for a 2-year federal extension...
A recent Chinese buyback contract for development of Iran’s Yadavaran oil field indicates possibly better terms for international oil companies, said a senior consultant with ...
Rising demand for natural gas in the US and an uncertain outlook for imports make the search for new domestic reserves both urgent and economically attractive.
Should the oil and gas industry worry about an ankle-biter? That’s what Iran seems like these days after the administration of US President George W. Bush reversed its view of...
For the first time ever, a front-month crude contract hit $100/bbl Jan. 2 before closing at $99.62/bbl, up $3.64 for the day in the initial trading session of 2008 on the New ...
Superior Energy Services Inc.,Patrick Zuber & Charles HardyClick here to enlarge imageHarvey, La., has announced that Patrick Zuber has been appointed executive vice-president...
A two-stage supersonic ejector can capture low-pressure gas such as that being vented from a typical first stage dry-gas seal, and discharge it for re-injection into a higher-...
New compact power unitHere’s the newly redesigned KA power unit suited for machine tool, high pressure, and clamping applications.It serves as a compact power supply that delivers...
ChinaCNOOC Ltd. has begun production from Jin Zhou 21-1 gas and oil field in Bohai Bay.One well was making 3.53 MMcfd of gas as of late December 2007. Peak rate is expected to...
As candidate selection began in the US presidential campaign, two inaugural events yielded different winners for each of the two main political parties.
