Latest Oil & Gas News
Mixing oil and Wasser
March 8,2010 --As parts of the US and elsewhere experience one of most relentless winters on record, it's only human nature to entertain thoughts of warmer-weather activities, such as walking along a sandy beach or even taking in a splash-filled day at a water p.......More
Frac fluid fearsvshow capacityvfor inconsistency
March 8,2010 --Controversy over hydraulic fracturing fluids and their possible effect on drinking water demonstrates the boundless human capacity for inconsistency.....More
US oil production climbs
March 8,2010 --Unlike most producers outside the Organization of Petroleum Exporting Countries, the US "put up remarkably strong oil production growth of 7.1% in 2009" after "a nearly nonstop decline" for the past 3 decades, said analysts in the Houston office o.......More
Editorial: Al Gore and the IPCC
March 8,2010 --Nobel Propagandist Al Gore has reemerged to dogmatize again about global warming, responding this time to the collapse of scientific arguments for abandoning fossil energy. ....More
US, Canadian firms post weak 4Q 2009, annual results
March 8,2010 --For some oil and natural gas producers, fourth-quarter 2009 earnings improved from a bleak quarter a year earlier, but feeble demand for products hurt refining and marketing results.....More
Independents converge on Washington as gas advocates
March 8,2010 --Independent producers converged on US Senate and House members' offices Mar. 2 to advocate for federal policies that encourage the development of natural gas.....More
CFTC official wants more energy market transparency
March 8,2010 --Energy commodities regulators worldwide will need to move carefully and cooperatively if they expect to make global oil markets more transparent, US Commodity Futures Trading Commission member Scott D. O'Malia said in Tokyo on Feb. 26.....More
Salazar defends proposed increased costs for producers
March 8,2010 --US Interior Secretary Ken Salazar defended plans to increase oil and gas royalties and fees on federal leases as he testified Mar. 3 before a US Senate committee on his department's fiscal 2011 budget request. ....More
Watching Government: A controversial position
March 8,2010 --His position hasn't won him many friends among coastal property owners where he lives, but Bruce Allen still says that the best way to reduce pollution from oil seeps in the Santa Barbara Channel is to increase offshore production.....More
US lawmaker requests hearings on OCS delay costs
March 8,2010 --US Rep. Bill Cassidy (R-La.) urged House Natural Resources Committee leaders to schedule hearings on the economic costs of continued delays in offshore oil and gas development a week after the first major report on the subject was released.....More
CO2 injection under way in Alabama EOR pilot project
March 8,2010 --A project team has begun to inject carbon dioxide into Alabama's Citronelle field as part of a $7.9 million pilot project to determine whether the field is ideal for simultaneous enhanced oil recovery and CO2 storage, the US Department .......More
Trinidad and Tobago ramps up crude oil production
March 8,2010 --Trinidad and Tobago says it is taking steps to increase crude oil production in an effort to balance its energy portfolio.....More
TIPRO uses convention to push increased US gas use
March 8,2010 --The Texas Independent Producers & Royalty Owners Association used its annual convention in Houston to a call for increased use by the US of natural gas produced in the US.....More
BP seeking to boost profits by $3 billion/year
March 8,2010 --BP PLC on Mar. 2 outlined its annual strategy presentation in which Chief Executive Tony Hayward said the company hopes to boost its profits before taxes by more than $3 billion/year within 3 years.....More
Tullow eyeing higher oil production target in Uganda
March 8,2010 --Uganda's oil production target could more than double to 350,000 b/d by 2018 from the current target of 150,000 b/d in 2013 if the right business plan is adopted, according to Tullow Oil PLC.....More
Norway launches new licensing round
March 8,2010 --Norway, while warning of the potential for espionage directed against its oil and gas industry, has launched its 2010 oil and gas licensing round for predefined areas (APA).....More
Watching The World: Doing business together
March 8,2010 --If there is anything the oil and gas industry desperately needs, it is business. ....More
Lehigh Park field seen as indicator of S. Florida offshore oil potential
March 8,2010 --Lehigh Park field in Lee County, southwest Florida, was discovered in 1974 by Exxon. ....More
OGJ FOCUS: US OLEFINS—SECOND-HALF 2009: US olefins production rebounds amid global economic recovery
March 8,2010 --Second-half 2009 saw sustained recovery for the US petrochemical industry, even as broader economies continued to experience credit crises and economic recession. ....More
OGJ FOCUS: Competitive pressures changing Asian petchems
March 8,2010 --Massive growth in Chinese and Middle East petrochemical capacities and prospects of intense competition for Asian markets from Middle East producers are prompting profound change in Asia's petrochemical industry. ....More
Europe pursues Baltic transit debottlenecking
March 8,2010 --The Baltic Sea region's role on Europe's energy map will grow in the near future. ....More
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