Senators say high oil prices may reflect rampant speculation
Apr 4, 2008
Two US Senate Energy and Natural Resources Committee members said on Apr. 3 that they will push for more aggressive financial market regulation if they don't get a better idea of speculators' impacts on crude oil prices.
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Sinopec plans refinery as CNOOC moves to compete
Apr 3, 2008
Sinopec Group has proposed building a 300,000 b/d refinery in Zhejiang province, according to a report in China Business News.
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Sempra LNG terminal at Ensenada nears completion
Mar 24, 2008
Sempra Energy said its planned LNG import terminal near Ensenada on Mexico's Pacific coast should be up and running during the second quarter.
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Gastech: Meeting gas demand to require partnerships, technology
Mar 17, 2008
Industry keynote speeches opening Gastech 2008 in Bangkok centered on the bright future of natural gas, especially LNG; the need for cooperation among international oil companies, national oil companies, and resource-host governments; and the critical role technology will play in industry’s growth to 2030.
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Refiner demand for discounted feeds will increase trade of high-acid crudes
Mar 17, 2008
Refiners looking for discounted crude supplies will import and use greater volumes of high total acid number (TAN) crudes, according to a study from Asia Pacific Energy Consulting (APEC).
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OGJ Newsletter
Mar 17, 2008
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Gastech: Meeting gas demand to require partnerships, technology
Mar 11, 2008
Keynote speeches at Gastech 2008 in Bangkok centered on the bright future of natural gas, especially LNG; the need for cooperation among IOCs, NOCs, and resource-host governments; and the critical role technology will play in industry's growth to 2030.
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Chevron approves Platong Gas II project construction
Mar 10, 2008
Chevron and its partners have approved construction of the Platong Gas II natural gas project in the Gulf of Thailand at a cost of some $3.1 billion with startup scheduled for first quarter 2011.
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SPECIAL REPORT: Global crude capacity will rise nearly 11 million b/d by 2012
Mar 10, 2008
Global crude distillation capacity will increase 10.6 million b/d during 2007-129.1 million b/d of new capacity and 1.5 million b/d of capacity creepaccording to a report from the International Energy Agency (IEA) entitled “Medium-Term Oil Market Report.”
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OGJ Newsletter
Mar 3, 2008
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COMPANY NEWS: Total reveals $19 billion capital budget for 2008
Mar 3, 2008
Total SA plans a $19 billion capital expenditure for this year, with refining and marketing accounting for $2.5 billion and petrochemicals $1.3 billion.
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StatoilHydro ships first LNG cargo to US
Feb 25, 2008
StatoilHydro AS has delivered its first cargo of LNG from the Hammerfest liquefaction plant in Norway to Cove Point in the US.
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SPECIAL REPORT: Global LNG trade to 2020 marked by uncertainty
Feb 25, 2008
The current outlook for LNG is probably more uncertain than it has been for many years.
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CERA: Refiners face change in liquids supply composition
Feb 25, 2008
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston.
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Anadarko reports capital budget, outlook for 2008
Feb 19, 2008
Anadarko Petroleum Corp. has approved total capital expenditures of $4.5-4.7 billion for 2008, including about 20% for exploration.
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