US oil and gas production would drop 20.5% over 5 years if federal regulation of hydraulic fracturing becomes law, the American Petroleum Institute said on June 9 as it released...
Alaskan officials defended the state’s plan to build a natural gas pipeline from the North Slope to Alberta after US Sen. Mark Begich (D-Alas.) said the Obama administration is...
Independent oil and gas producers that rely heavily on cashflow face bigger financing challenges than major or national oil companies as the global recession depresses oil and...
A US House bill that would introduce a domestic carbon emissions cap-and-trade program would cost $846 billion in new taxes, the Congressional Budget Office said on June 5.
Two leading US oil industry trade associations asked the US Environmental Protection Agency on June 9 to consider delaying for a year the implementation of the new renewable fuel...
Venezuela’s President Hugo Chavez said state-owned Petroleos de Venezuela SA (PDVSA) is continuing to nationalize oil field service companies in the country, with Houston-based...
For the push to impose federal regulation of hydraulic fracturing, three possible motivations exist: The practice exposes subsurface sources of drinking water to risk and therefore...
Transocean Ltd.,RosaClick here to enlarge imageZug, Switzerland, has named Richard H. Rosa senior vice-president and CFO effective Sept. 1. He will be based in Geneva and will...
US House Republicans introduced an energy bill on June 10 that they said takes a more realistic approach than proposed carbon cap-and-trade legislation.
Woodside Petroleum Ltd. and Chevron Australia Pty. Ltd. are likely to develop their respective Pluto and Wheatstone gas field-LNG projects as separate entities and compete for...
General Interest Quick TakesBill would reverse oil shale program revisionUS Rep. Doug Lamborn (R-Colo.) has introduced a bill to restore the Bush administration’s oil shale ...
US Rep. Martin T. Heinrich (D-NM) tried to cool things off when he was finally recognized at the House Natural Resources Committee’s Energy and Mineral Resources subcommittee ...
Research analysts with Calgary-based Tristone Capital Inc. are optimistic on the outlook for natural gas beginning in the second half of 2009 and foresee a possible US gas supply...
Even as it proceeds with plans to spend upwards of $155 million to construct a natural gas pipeline to its sister island of Tobago, Trinidad says it is still considering an extension...
Global warming is a reality, but many proposed solutions would be “much more costly to society than the danger it seeks to avert,” according to a June report by National Center...
Several companies increased ownership in North Dakota Bakken well and production interests under an existing joint venture with Slawson Exploration Co., private Denver operator...
New offshore drilling power moduleHere’s the new QSK60 offshore drilling power module.It’s rated at 1,855 hp at 1,200 rpm with a 10% overload capability and is integrated with...
Preventing hydrate formation when wet gas is introduced to a trunkline designed for dry service requires a combination of careful modeling and diligent operation.
