Lower oil and gas prices coupled with weak refining margins to shrink the earnings of many US oil and gas companies during the second quarter. Oil and gas prices were stronger...
The US will focus more on Eurasia, West Africa, and Latin America to diversify its oil supply sources and bolster energy security in the face of increasing imports and rising ...
Reduced oil and gas price realizations affected financial results of oil and gas firms based in Canada, while rising feedstock costs squeezed refining margins.
Pure Resources Inc. reported late last month it wants a special committee of independent directors to evaluate a stock-swap acquisition offer from Union Oil Co. of California,...
Apache Corp., Houston, and Williams Cos. Inc., Tulsa, exchanged swipes concerning a nearly year-old dispute over Williams's attempt to transfer ownership of a gas gathering system...
A project to establish a deepwater facilities testing center off Toulon on the French Riviera should be ready for submission to possible financial partners within the next 2 months...
If the US takes military action against Iraq, oil prices probably will tumble as other members of the Organization of Petroleum Exporting Countries again increase production to...
Direct assessment (DA) can be effectively employed to assess pipeline integrity within the framework of an operator's overall integrity-management program (IMP).
The US Gulf of Mexico (GOM), providing 1.8 million b/d of crude oil/NGLs and 14 bcfd of natural gas, has been a major source of domestic energy supplies. However, considerable...
The emerging greenhouse gas (GHG) emissions market is anticipated to have a robust future, with participants expecting prices to average slightly more than $5/tonne of CO2 equivalent...
Industry participants in the US Environmental Protection Agency's Natural Gas STAR program reduced methane emissions from equipment leaks and unit operations by 42 bcf in 2001...
A number of environmental regulations coming into force in the next few years will compel refiners to rethink their operations and future capital investments.
Crude oil prices are hovering near $30/bbl again. Demand for oil is inching up, a trend surely to continue with seasonal trends in the coming months. Indications are that the ...
At the United Nations World Summit on Sustainable Development last week in Johannesburg, South Africa, attention held fast, though not without distraction, to the problem of poverty...