House Dems plan to revive refining reserve proposal
May 22, 2006
US House Democrats intend to bring back their proposal to create a strategic refining reserve as an alternative to a Republican bill aimed at simplifying refinery construction permit application processes.
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Questions linger as refiners cut US diesel sulfur content
May 22, 2006
Just days from the Environmental Protection Agency’s June 1 deadline for production of ultralow-sulfur diesel (ULSD) for highway vehicles, refiners and pipeline companies appear prepared for the changeover-but other downstream participants may not be ready.
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House Dems plan to revive refining reserve proposal
May 10, 2006
US House Democrats intend to bring back their proposal to create a strategic refining reserve as an alternative to a Republican bill aimed at simplifying refinery construction permit application processes.
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Bill filed to boost US refinery construction
May 3, 2006
Rep. Charles F. Bass (R-NH) has introduced a bill to facilitate construction of petroleum and biofuel refineries.
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OGJ Newsletter
May 1, 2006
Venezuela last month reclaimed more than 27,000 sq km formerly licensed by oil companies by requiring them to join new state-controlled joint ventures, El Tiempo newspaper reported.
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Bush orders agencies to investigate US gasoline prices
May 1, 2006
US President George W. Bush momentarily shifted his focus from longer-term alternatives and ordered more federal investigations of high gasoline prices.
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Bush orders agencies to investigate US gasoline prices
Apr 25, 2006
US President George W. Bush momentarily shifted his focus from longer-term alternatives and ordered more federal investigations of high gasoline prices.
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Aramco, Sinopec sign oil supply agreement
Apr 24, 2006
Saudi Aramco Pres. and Chief Executive Abdallah S. Jum'ah and Sinopec Group Pres. Chen Tong Hai have signed a memorandum of understanding committing Aramco to supplying Sinopec and its affiliates with 1 million b/d of Arabian crude by 2010.
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OGJ survey: Global processing, transportation construction brisk
Apr 24, 2006
Construction remains brisk in the processing and transportation segments of the global oil and gas industry.
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Nelson-Farrar Quarterly
Apr 3, 2006
Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose slowly to 1,963.
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Upstream work sets pace for capital spending surge
Apr 3, 2006
Worldwide oil and gas industry capital expenditures will increase sharply this year, especially for upstream work.
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Refiners to see strong returns near-term despite looming capacity buildup
Mar 13, 2006
Overcapacity and associated low margins are an unlikely outcome of 66 announced grassroots refinery projects.
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OGJ Newsletter
Mar 13, 2006
The US Senate Energy and Natural Resources Committee approved a bill to begin oil and gas leasing in the eastern Gulf of Mexico’s Sale 181 area.
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Barton disputes report on royalty relief cost
Feb 27, 2006
Rep. Joe Barton (R-Tex.), House Energy and Commerce Committee chair, has disputed a media report that federal royalty relief in the deepwater Gulf of Mexico will cost the US government billions of dollars.
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OGJ Newsletter
Feb 27, 2006
Natural gas reserves in the US Rocky Mountain region are expected to exceed 130 tcf by 2030 if growth continues at the rate indicated by 30 years of statistics, energy consultant Wood Mackenzie Ltd. said.
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