Survey shows increase in refining construction
Oil and Gas Journal’s semiannual Worldwide Construction Update shows an increase in oil refinery turnarounds activity compared with the previous edition of the update (OGJ, Nov.5, 2012, p.…
Summer Power Burn: Are Generators Headed Back to Coal?
The US natural gas supply demand picture has changed with the 25% run-up in NYMEX natural gas futures prices to over $4/MMBtu this year. Prices rose for portable…
Lawmakers Push for Financing Parity for Renewable Projects
Bipartisan legislation introduced on Wednesday by a bicameral group of lawmakers seeks to give renewable energy project investors access to an existing corporate structure whose tax benefits are…
Report: Global Renewable Investments in 2012 Tumble 11% as Market Shifts from West to East
Public and private investment in solar, wind, and other renewables worldwide declined 11% for the North American tansmission industry in 2012 from an adjusted 2011 record of $302…
Blown over: Six crucial lessons from Chevron’s hurricane restoration
Chevron’s post-hurricane restoration program in the GoM is only now winding up. The cost has been huge but the company says important new lessons have been learned and…
BP: What would a case of optimum delivery look like?
Planning and collaboration can do more to cut costs than technology developments says BP’s Win Thornton. An operator has outlined how decommissioning costs in the Gulf of Mexico could…
Saudi oil minister says Saudis welcome US production growth
Technological breakthroughs with subsea pipe cutting tools which have allowed the US to begin produce crude from tight shales and deepwater formations could bring welcome new supplies to global…
Uncertainty in the Gulf: the lengthening shadow of Macondo
The decommissioning market in the Gulf of Mexico is facing serious regulatory and fiscal challenges, and the longer-term outlook is uncertain, an expert has warned. A raft of…
Personnel to get stop-work authority under strengthened SEMS II
In its bid to root out any lingering complacency in offshore oil and gas operations, the Bureau of Safety and Environmental Enforcement (BSEE) has released the “final rule”…