Western Siberia’s supergiant Samotlor field should continue to produce until the year 2099, said the TNK-BP Russian amalgam, which plans to invest $1 billion/year through 2011...
Brazil’s state-run Petroleo Brasileiro SA and partner Repsol YPF SA filed a declaration of commercial viability with the country’s Agencia Nacional do Petroleo (ANP) for a light...
Ecuador’s state-owned Petroamazonas, a subsidiary of national oil company Petroecuador that operates oil assets previously owned by Occidental Petroleum Corp., expects to develop...
A centerpiece of the Obama administration’s proposal to overhaul US energy markets—the promise of an employment surge from “green jobs”—has come under attack.
After trading at lower levels for 4 months, benchmark oil prices climbed above $50/bbl in late March and early April, exceeding $52/bbl in light trading Apr. 9 ahead of commodity...
A comparison of scheduled or immediate responses/mile vs. number of repairs from an Interstate Natural Gas Association of America (INGAA) study and the US Pipeline and Hazardous...
The chance to recover billions of barrels of oil that remain in Oklahoma fields represents geological, engineering, and statistical challenges to oilmen willing to take risks....
Ranking minority members of two US House committees expressed concern Apr. 7 that the US Department of Interior is limiting public comments as it considers a comprehensive 5-year...
The oil and gas tax increases that were part of the Obama administration’s fiscal 2010 budget request did not make it into either the US Senate or House’s broad reconciliation...
Nine months after crude oil prices reached record levels, experts agreed at the US Energy Information Administration’s 2009 annual conference on Apr. 7 that speculators shouldn...
The Organization of Petroleum Exporting Countries will try to keep prices at its current low level this year “to sustain the economy,” said OPEC Sec. Gen. Abdalla Salem El-Badri...
A 60-day surge of an additional 1.5-2 bcfd of LNG is likely to hit the US market this summer, on top of its baseload LNG supply of 0.7-1 bcfd, said analysts at Pritchard Capital...
Venezuelan President Hugo Chavez and his Chinese counterpart Hu Jintao, have agreed to bring forward the starting date of long-planned increased Venezuelan oil exports to the ...
Protecting and conserving water resources will be the key challenge in developing domestic deep shale gas, the US Department of Energy said as it released a primer for regulators...
The nonprofit Research Partnership to Secure Energy for America (RPSEA) has selected six proposals for negotiation of advanced-technology assistance to small producers.
