Saudi oil minister says Saudis welcome US production growth Saudi oil minister says Saudis welcome US production growth May 10, 2013 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…
BP: What would a case of optimum delivery look like? BP: What would a case of optimum delivery look like? May 13, 2013 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…
Survey shows increase in refining construction Survey shows increase in refining construction May 24, 2013 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? Summer Power Burn: Are Generators Headed Back to Coal? May 22, 2013 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 Lawmakers Push for Financing Parity for Renewable Projects May 20, 2013 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 Report: Global Renewable Investments in 2012 Tumble 11% as Market Shifts from West to East May 17, 2013 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…
Power Sector Is Critically Vulnerable to Drought, Hearing Panel Testifies Power Sector Is Critically Vulnerable to Drought, Hearing Panel Testifies May 29, 2013 Drought is a serious vulnerability for the power sector, witnesses testified at a full committee hearing held last week in the Senate to assess the impacts of drought…
Australian mining industry tax flop after iron ore prices dive Australian mining industry tax flop after iron ore prices dive February 15, 2013 Interesting news from Australia’s mining industry… The Australian federal government said its Minerals Resource Rent Tax (MRRT), designed to tax the so-called ‘super profits’ generated by iron ore…
Australian oil and gas industry sector offers high-paying jobs Australian oil and gas industry sector offers high-paying jobs February 13, 2013 Let’s all move to Australia! Workers in the Australian oil and gas industry are the highest paid in the world, according to a recent survey by a recruitment…