When gasoline prices rise, as they have in the US this year, there is the inevitable backlash from misinformed gasoline consumers. Gasoline prices are increasingly featured in...
Increased production and higher oil and natural gas prices improved the first quarter earnings of most US producing companies in a sample of firms. Refining margins also improved...
Energy security involves more than the supply assurance on which oil-consuming countries, especially the US, rivet their attention. To oil exporters, it also means assurance of...
Future US energy supply has a sore thumb—the colloquial symbol of something that stands out from everything else. Energy supply's sore thumb is undrillable federal land.
After a 3-year effort by the World Bank and Norway, 11 countries and 8 major oil companies met May 11 in Algiers to sign a voluntary global natural gas venting and flaring reduction...
Market MovementCrude futures prices seesaw at record levelsCrude futures prices rebounded to within striking distance of a new record high May 19 on the New York Mercantile Exchange...
Factors driving the unprecedented long period of high oil prices and their effects on oil supply, demand, and the oil company-oil service company relationship were dominant themes...
A leading Japanese shipping group has reported it will no longer send oil tankers to Iraq's Basra oil terminal (BOT) following suicide attacks that killed three US sailors and...
A stronger Canadian dollar relative to the US dollar appears to have suppressed the first quarter earnings of most of the companies based in Canada that OGJ sampled. While production...
Stimulate the economyA critical look at Andrew McKillop's first two paragraphs (OGJ, Apr. 19, 2004, p. 18) suggests that his counterintuitive notion is more likely just plain ...
Pemex Refinación, part of Petróleos Mexicanos (Pemex) and operator of more than 4,100 km of crude oil pipelines in several diameters, has tested a newly developed corrosion inhibitor...
Tenaris SALuxembourg, has announced that, together with Venezuelan steel producer Sidor, it has agreed to purchase assets of Posven, a Venezuelan company with an industrial facility...
New progressing cavity pump useful on offshore vesselsClick here to enlarge imageThis Moyno progressing cavity pump promises performance enhancing features in upper and lower-...
Oil tanker rates have proven very firm so far this year, following the pattern set in 2003 and leaving charterers to pay a hefty fee for their freight costs.
The Trujillo basin project was initiated by Perupetro and completed by the PARSEP Group to investigate the remaining undiscovered hydrocarbon potential in the Trujillo basin, ...
