Chesapeake Energy Corp. said its board will name an independent, nonexecutive chairman, as well as renegotiate the terms of the company's Founder Well Participation Program (FWPP...
Oil & Gas Journal's semiannual Worldwide Construction Update shows an increase in refining construction activity compared with the previous edition of the update (OGJ, Nov. 7,...
This is the second of two parts on the use of hydraulic fracturing to facilitate and enhance the gas recovery process from conventional and tight gas reservoirs.
The extraordinary surge in US gas processing and fractionation, in response to the country's development of shale gas plays, began to appear in 2011 capacity figures, as reflected...
Under especially favorable conditions of economics, politics, and technology, production of bitumen from the Canadian oil sands can reach 3.9 million b/d in 2020 and peak at 6...
Estimates place the amount of Y-grade NGL flowing into the Mont Belvieu, Tex., fractionation hub by 2013 at slightly more than 2.1 million b/d, a nearly threefold increase from...
A Delta Air Lines Inc. subsidiary has agreed to buy the 185,000-b/d Trainer, Pa., refinery near Philadelphia from Phillips 66 Co. for $180 million, the companies reported Apr....
BP PLC has five offshore rigs operating in the Gulf of Mexico, which is the same number as it had before the April 2010 deepwater Macondo well blowout, a BP executive told an ...
The axiom is repeated often: When a government increases taxation of an activity, less of the activity occurs; when it lowers taxation, activity increases.
Development of the massive shale discovery recently made by Repsol SA in Argentina is threatened by the Argentine government's pending renationalization of YPF SA.
The industry needs to internalize a robust safety culture to help the US Bureau of Safety and Environmental Enforcement do its job, BSEE Director James A. Watson told delegates...
Philadelphia area refinery closures will be only the beginning of shutdowns nationwide if the federal government does not change several key regulations, two oil industry officials...
New panel mount horn is explosion protectedA new globally certified explosion protected panel mount oil field horn features a rugged aluminum painted housing, weighs less than...
WesternGeco,London, a business segment of Schlumberger Ltd., introduced its trademarked ObliQ sliding-notch broadband acquisition and imaging technique that enhances low-frequency...
Completion of Phase 1 of the Iraq Crude Oil Export Expansion (ICOEE) project enhanced the country's national security, providing needed redundancy to an export channel responsible...
Saudi oil pricesWith all due respect to the top energy official of the world's most important oil-producing country, Saudi Arabian Minister of Petroleum and Mineral Resources ...
