OAO Yukos announced "stringent cash conservation measures" Aug. 23, including cutting capital expenditures and trimming its 2004 oil production target from 90 million tonnes to...
To comply with new regulatory requirements, Petróleo Brasileiro SA (Petrobras) modernized the process control on its Merluza offshore platform in the Santos basin, off Brazil....
A ConocoPhillips plan to expand its western North Slope Alpine field satellites development in Alaska moved forward following a decision Aug. 31 by the US Department of the Interior...
For China, the energy challenge is clear but formidable: It must find additional sources of energy, both domestic and foreign, to fuel its growing economy.
Japan's reliance on oil and liquefied petroleum gas will drop, both in the near and distant future, while its reliance upon nuclear energy will continue to increase significantly...
A drop in prices brings new attention to the necessity of buffer supply in the oil market—and to the issue of who does and who doesn't contribute to it.
From a then-record closing price of $48.70/bbl on the New York Mercantile Exchange Aug. 19, near-month contract prices for benchmark US light, sweet crudes plunged to $42.12/bbl...
Russian Railways claims that China has offered to guarantee payments for railroad deliveries of crude from OAO Yukos, but Chinese government officials have yet to confirm that...
China, where personal incomes have quadrupled in recent years while the country's burgeoning economy has grown fivefold, currently is consuming energy at a pace surpassed only...
US Sec. of Energy Spencer Abraham met Aug. 24 separately with French Industry Minister Patrick Devedjian and International Energy Agency Executive Director Claude Mandil in Paris...
Although US gasoline prices are almost as high as they were in May (OGJ, May 24, 2004, p. 15) this once-hot topic has lost some of its allure with the driving public and local...
Ivan Sandrea's argument (OGJ, July 26, 2004, p. 18) that the deepwater oil discovery rate may have already peaked and that deepwater oil production may peak within 10 years, rests...
Tenaris SA Luxembourg, has announced acquisition of Tubman International Ltd., the company holding over 84% equity in the Romanian company, S.C. Silcotub SA, and controlling interest...
