The US Senate late Mar. 11 approved a nonbinding budget blueprint that includes an amendment sponsored by Sens. Carl Levin (D-Mich.) and Susan Collins (R-Me.), which calls on ...
ealthy rig counts and utilization rates in most sectors, continued reinvestment in rig fleets and equipment, and substantial drilling plans by operators indicate a vigorous year...
In late November 2003, by a narrow margin, opponents of the Energy Policy Act of 2003 succeeded in delaying further consideration of the bill until early this year and in reducing...
Net global ethylene capacity additions recorded a nearly 2-decade low in 2003 due to significant shutdowns. Last year saw only 1.34 million tonnes/year (tpy) of net additions,...
Royal Dutch/Shell Group Chairman Philip Watts has resigned, prompting a series of management changes in the continuing aftermath of the supermajor's negative reserves revision...
The Enron Corp. scandal continues to create regulatory hangovers for energy companies. But as painful as the process has been, there are signs that government reforms coupled ...
Canada's oil sands industry in Alberta has a "very robust" future—given a reasonable outlook for oil prices and that it can overcome a number of challenges.
Crude futures prices push record levelsThe next-month futures contract for benchmark US light, sweet crudes hit a 13-year high of $38.35/bbl on Mar. 17 before closing at $38.18...
TransCanada Corp., Calgary, plans to buy Gas Transmission Northwest Corp. (GTN) for $1.2 billion, plus $500 million of assumed debt, subject to approval from the US Bankruptcy...
Occidental Petroleum Corp.'s Chairman and CEO Ray R. Irani met with Libyan leader Moammar al-Ghadafi and other officials in Libya last week to discuss the resumption of the company...
US politicians inclined to complain about the transfer of jobs to countries other than their own should check their voting records on oil and gas leasing of federal land. Complaints...
In the day-to-day job of covering news about the oil and natural gas industry, OGJ editors happen upon stacks of news tidbits that, although important in their own right, will...
Iraqi reservoir mismanagementFrom a reservoir management point of view, it is saddening to read Sam Fletcher's report (Feb. 16, 2004, p. 24) about what Mr. Issam Al-Chalabi, Iraq...
New line of autodarkening welding helmetsClick here to enlarge imageA new line of autodarkening Ultrashade welding helmets is on the market. Autodarkening helmets eliminate the...
