The US Federal Energy Regulatory Commission´s proposal to apply the electric industry discount standard to natural gas pipeline transactions is creating both confusion and opposition...
Pinnacle Operating Co. Inc., Shreveport, La. successfully used a new downhole deployment valve in an underbalanced drilling application to avoid formation damage, save rig time...
Together, oil prices that slumped instead of jumped and an antiglobalization movement stymied by events demonstrate the burgeoning influence of global interdependency. Adjusting...
Drilling rigs that have been renovated with capacity and efficiency enhancements and efficient newbuild rigs will enjoy higher utilization rates in the year ahead and long term...
Companies naming new top executives include Petroleo Brasileiro SA, Imperial Oil Ltd., Piedmont Natural Gas Co., National Fuel Gas Co., and Zion Oil & Gas Inc.
In 2002, two major trends-clean fuels requirements and industry consolidation-will affect the supply and demand of refined products throughout the world.
US maritime officials must get advice from the energy industry when considering security issues at domestic ports and harbors under a provision passed by the Senate late last ...
The US Department of Energy added two more projects to its program to develop technologies to increase natural gas production from low-permeability reservoirs. The agency selected...
The year 2002 will be the second year of the Third World War, which began on Sept. 11 with the tragic terrorist attacks on New York City and Washington, DC.
Six Arab oil-producing nations, which together control half of the world´s known oil reserves, moved toward stabilizing their chronically unstable region in the waning hours of...
The US Minerals Management Service has approved the use of floating production, storage, and offloading systems in the central and western Gulf of Mexico.
The oil market exhibited nervousness entering 2002 over concerns about whether OPEC will be able to enforce its Dec. 28 announcement to reduce production quotas by 1.5 million...
The CEOs of the major oil companies are often asked where they see the world oil price heading. And they always give an answer something like, "e;There is nothing to be gained...
A useful policy-making exercise for the new year would be a fresh look at the concept of oil dependency. In the oil-consuming world, especially the US, fret over oil dependency...
Royal Dutch/Shell Group has set a 3-year strategy to maintain profits at 15%/year, invest $12 billion/year for 2 years, cut costs by $500 million/year, and sell $7 billion of ...
The Federal Energy Regulatory Commission late last month reopened an investigation into whether a unit of El Paso Corp. manipulated the natural gas market in California last year...
Oil and gas trade publication editors see a lot of news from many sources. Most is straightforward, but some is, well, weird. Wacky, even. Occasionally, just plain funny.
First and foremost we would like to commend Orhan Degermenci (OGJ, Nov. 5, 2001, p. 68) for the high-quality presentation of the findings contained in the above-mentioned study...
Houston, has announced that David Armitage, founder and former CEO of GeoGraphix, has joined the company as chief executive officer. Armitage holds BS degrees in economics and...
Brunei Shell Petroleum Co. Sdn. Bhd. plans to proceed with the $80 million development of Egret gas and oil field offshore and northeast of Fairley field.
Sovereign Ventures Pte. Ltd., Singapore, is seeking experienced partners to explore and develop the first onshore oil and natural gas concession in communist North Korea to be...
