A global low-carbon future is possible if policymakers and economic leaders—including the oil and gas industry—shift focus from "green energy" to "clean energy," said energy expert...
In the final part of this series, we estimate the number of committed assets in the Gulf of Mexico that are expected to be marginal over a 60-year horizon.
Evidence from several Shell operating units confirms that daily allocation based on continuous well flow estimates can be more accurate than the more traditional approach based...
Global crude distillation capacity in 2009 shot ahead of capacity for 2008, according to the latest OGJ survey of the world's refineries, extending in a big way the growth evident...
Trends noted in this report—recently falling US capacity and utilization and rising Asian and Middle Eastern capacity—come at a difficult time for US refiners, as the US Congress...
As he announced that 38 onshore federal oil and gas lease sales have been scheduled for 2010, US Interior Secretary Ken Salazar said his department will continue to make constructive...
Has Japan really succeeded in its long-term effort to secure a foothold in Iraq's oil and gas industry? Apparently so, especially after a consortium led by Japan Petroleum Exploration...
New estimates for Australia, China, and Turkmenistan have resulted in an increase in reported worldwide oil and gas reserves, according to Oil & Gas Journal's annual survey of...
ExxonMobil Corp. has agreed to buy XTO Energy Inc. in an all-stock deal valued at $41 billion that will be part of a strengthened focus by the energy giant on unconventional resources...
New natural gas engine for pumping useThe new AJAX E-565 natural gas engine is a rugged one cylinder, two-cycle version that's suited for pumping applications in a variety of ...
The US Chemical Safety Board issued urgent safety recommendations to Citgo Petroleum Corp., calling on the refiner to immediately improve the emergency water system at its Corpus...
A 15% reduction in its work force is only part of a major reorganization designed to modernize the American Petroleum Institute, API Pres. Jack N. Gerard said.
An assessment of the World Bank's failed Chadian experiment confirms the intuition that poor countries with dodgy governments remain doomed to the resource curse.
General Interest — Quick TakesChevron announces $21.6 billion capital budgetChevron Corp. announced a $21.6 billion capital and exploratory spending program for 2010, down 5% ...
The International Energy Agency has raised its projection for average global oil consumption during 2009-14 by 1.9 million b/d in an update to the medium-term market forecast ...
Various companies put on hold several Alberta oil sands projects during 2009 in reaction to the global recession and lower crude prices, but other projects have continued including...
Global energy demand will be about 35% higher in 2030 than it was in 2005, requiring trillions of dollars of investment and a commitment to innovation and technology, ExxonMobil...
Al Gore's recent well intentioned challenge that we produce "100% of our electricity from renewable energy and truly clean carbon-free sources within 10 years" represents a widely...
