ExxonMobil Corp. believes that the world, having produced about 1 trillion bbl of oil, has more than 15 trillion boe remaining, the company’s top exploration official said.
As the second massive hurricane in less than a month plows across producing areas of the Gulf of Mexico and pulls within hours of major US refining centers, the need to adjust...
Premier Oil PLC, London, said the Lakkhi-1 exploration well in Assam drillstem tested noncommercial gas and condensate from two intervals in the Eocene-Oligocene Barail formation...
Rated a Category 5 hurricane-the third biggest ever to hit the US-as it ripped through the oil and gas producing area of the central Gulf of Mexico, Hurricane Rita deteriorated...
The past month has seen the US Gulf Coast battered by two major hurricanes. During the preparations for and aftermath of Hurricanes Katrina and Rita, US consumers and government...
Charles D. Davidson, Noble Energy Inc. chairman, president, and chief executive officer, is guiding the company toward greater selectivity in its Gulf of Mexico shelf prospects...
Occidental Petroleum Corp. has lifted its first Libyan crude oil for shipment to the US since leaving its operations in Libya’s prolific Sirte basin in 1986 because of US economic...
Alaska Gov. Frank Murkowski said state agencies are cooperating with oil majors to try to increase oil production from the Alaska North Slope in the wake of Hurricane Katrina ...
Oil is the mainstay of Venezuelan President Hugo Chavez, who is using its currently high prices to sweeten the implementation of his own new world order.
Hurricanes Katrina and Rita aggravated an already tightening natural gas supply situation, increasing prospects for higher prices this heating season, the Natural Gas Supply Association...
Rep. Joe Barton (R-Tex.) faces several sticky issues in his quest, announced Sept. 26, for a legislative boost to US refining capacity. For starters, he and his colleagues in ...
Layered security is a well-documented practice that allows an organization selectively to implement multiple layers of security technology for its plant control systems.