The world is facing a future of steep oil price increases that will occur sooner than many people now believe, concludes Canterbury, England-based energy analysts Douglas-Westwood...
Natural gas utilization is expected to increase at an average annual growth rate (AAGR) of 2.4% to 116.91 tcf in 2008, forecast Business Communications Co. Inc. (BCC), Norwalk...
The US refining industry should oppose the passage of pending environmental legislation if it has questionable benefits, according to Gary R. Heminger, president of Marathon Ashland...
Russia needs to establish favorable oil taxation and exportation rules as incentives for independent exploration and production companies, speakers said at the second annual Russian...
Oklahoma City-based Kerr-McGee Corp. Apr. 7 reported it will acquire Westport Resources Corp. of Denver in a merger valued at about $3.4 billion, which will consist of about $...
As the Organization of Petroleum Exporting Countries' production quota reduction to 23.5 million b/d went in effect Apr. 1, Jefferies & Co. Inc. in New York raised its price forecasts...
Alberta's oil sands, with remaining established reserves of 174 billion bbl of crude bitumen, is a supply powerhouse to help meet North America's oil demand.
In estimating oil and gas reserves, producers need to look beyond the current fevered focus on primarily third-party engineering to "the more important aspects of internal reserves...
The US should be working harder to promote transparency and accountability in African oil-producing countries, according to a new report by the nonpartisan Center for Strategic...
Investigation of Iraqi oil sales permitted for humanitarian reasons during a long period of trade sanctions shouldn't stop with the kickbacks and favoritism recently coming to...
The US refining industry continues to deal with many challenges that are making it difficult to produce transportation fuels at the specifications and volumes that the market ...
The US Geological Survey (USGS) periodically conducts subjective probabilistic assessments of the technically recoverable undiscovered hydrocarbon resources of the US and of the...
Looking just at the historical growth of original oil in place (OOIP) as shown in Fig. 2a ("Saudis refute claims of oil field production declines" by Maureen Lorenzetti, OGJ, ...
Houston, has appointed Peter D. Kinnear as executive vice-president with responsibility for the company's energy production systems and energy processing systems businesses, and...
Antagonism clear in Kerry's plan for gasoline prices Sen. John Kerry (D-Mass.), the leading challenger in this year's presidential race, has provided a glimpse of what life would...
The oil market's response to the expected announcement of production quota cuts by the Organization of Petroleum Exporting Countries seems, at first blush, to validate what the...
The government awarded a permit in the Westland basin on the northwestern South Island. PEP 38521, covering 186 sq km south of Greymouth, is issued to a group that includes McKenzie...
Progress toward the world's first offshore LNG floating regasification terminal took another step last month when ABS, Houston, an international classification society, announced...
