China, India, and Russia will be pivotal to a “new energy security paradigm” outlined in a recent study by the World Economic Forum (WEF) in partnership with Cambridge Energy ...
Saudi Arabia plans to increase its crude oil production to 12 million b/d by the end of 2009, according to Saudi Aramco Pres. and Chief Executive Officer Abdallah S. Jum’ah.
The administration of President George W. Bush would consider sharing new offshore oil and gas revenues with coastal states but is concerned that provisions of a bill now in the...
Disruptions to supplies of gasoline, diesel fuel, and light products, associated in part with changes in fuel quality standards, will keep oil markets tight and prices high during...
A bill that combines elements of the two main US Outer Continental Shelf leasing proposals has been developed by the House Resources Committee, Chairman Richard Pombo (R-Calif...
In a market growing faster than had been expected, LNG will meet 15% of global gas demand by 2012, says an analysis by Cambridge Energy Research Associates.
The worldwide supply and demand balance for oil has become so precarious that even small acts of sabotage and local insurrection can affect prices, former Federal Reserve Chairman...
General Interest - Quick TakesE&P spending to reach $261 billion in 2006Spending for worldwide exploration and production is expected to increase 21.3% to $261 billion this year...
Increasing the maximum allowable operating pressure of US gas transmission pipelines requires careful consideration and must be done on a case-by-case basis.
This is the second of two parts on the geology and potential of the Hopedale basin off Labrador, site of several gas-condensate discoveries in the 1970s-80s on the shelf.
The International Energy Agency recently raised its projected growth of world demand for oil products by 160,000 b/d in the second quarter, with expected total demand growth “...
Lufkin Oilfield Products GroupLufkin, Tex., has appointed Don Crow as general sales manager for pumping unit products. Crow holds a degree in mechanical engineering from Texas...
Drilling fluid designed to eliminate barite sagThe new INNOVERT drilling fluid system is designed for use in areas where paraffin-mineral oil is the preferred base oil.It’s derived...