Forty-three US senators, including five Republicans and one independent, asked US President George W. Bush what steps the administration will take to recover several billion dollars...
Consistent practical methods for defining equipment qualification and testing requirements can improve subsea equipment reliability and facilitate project execution.
The rapid increase in ethanol consumption during 2002-06 will prove to have been a one-time event that captured two thirds of the ultimate near-term market.
If you think we are the only ones who are concerned about the negative effects that Venezuelan President Hugo Chavez is having on the oil industry, think again.
Calling it “another priority that Congress has failed to meet,” US President George W. Bush criticized federal lawmakers on Nov. 13 for failing to act on energy proposals he outlined...
Many members of Congress already were upset over the absence of price thresholds from federal deepwater leases issued in 1998 and 1999 under which royalties were not paid.
The US Commodity Futures Trading Commission has requested oversight authority over some contracts and products in unregulated electronic trading venues known as exempt commercial...
Ecuador has resumed its membership in the Organization of Petroleum Exporting Countries, which it left in 1992, with the arrival of President Rafael Correa at a summit of the ...
The peak oil issue is essentially a race between resource depletion and the continuing development of technology, according to industry and academic experts at the third annual...
General Interest - Quick TakesWEC: TNK-BP calls on Russia to change tax regimeRussia will have to change its tax regime if it is to attract future investment from energy companies...
Two of Houston’s major industries—medicine and oil and gas—surprisingly have discovered many similarities in the technologies they use and the challenges they face.
The front-month crude futures contract fell $3.45 to $91.17/bbl Nov. 13 on the New York Mercantile Exchange, the lowest level in nearly 2 weeks, after the International Energy...
Laboratory experiments and observation of pit growth rates in six operating fields have yielded a model to predict internal pitting corrosion of oil and gas pipelines.
Rockwell Automation Inc.Milwaukee, has announced its acquisition of Pavilion Technologies Inc., a leading provider of advanced process control, production optimization, and environmenta...
New BrunswickPetroWorth Resources Inc., Calgary, spud the Feenan-2 well in Albert County, NB, about 1 km west of Stoney Creek oil and gas field.It is projected to 1,600 m to evaluate...
New power plant engine burns heavy oilHere’s the new 20-cylinder 46F engine for power plant installations burning heavy fuel oil.The new engine develops 23,000 kW at 600 rpm, ...
