Pipeline from Canada to Gulf Coast more Realistic
July 3, 2010
Smaller Oil Firms Might Exit Gulf, Browner Says | online.wsj.com
While Carol Browner admits smaller oil firms will be forced to exit drilling in the Gulf in response to her push for a drilling moratorium and removal of the cap on oil spill situations, independence of foreign oil can never be achieved by the agenda of the energy czar of the Obama administration.
July 3, 2010
Sulfur has been banned as one of the worst pollutants by the EPA from transportation, power, refinery and gas processing plants. Of course, nobody within the EPA knows agriculture and the basic needs of soil to control acidity via sulfur compounds.
Sunoco should merge with Petroplus
June 24, 2010
Sunoco continues to restructure, sees profit | www.ogj.com
O&GJ reports on the restructuring of Sunoco under the leadership of Lynn L. Elsenhans, formerly with Shell. With divestment of low complexity refineries and and metallurgical coke units Elsenhans predicts profit ending June 30, 2010.
Powerful Solar Storm Could Shut Down USA for Months: Oh Please, Enough Drama
June 17, 2010
As the Sun Awakens, NASA Keeps a Wary Eye on Space Weather | science.nasa.gov
Should we be concerned about NASA's warning about solar flares? On June 8, a meeting called "The Space Weather Enterprise Forum" was held at the National Press Club in DC. NASA says that the sun is going to produce very high solar flare levels and that our technology & society will be greatly affected. NASA warns that a century-class solar storm coming before the middle of 2013 could cause twenty times more economic damage than Hurricane Katrina.
Gulf Oil Spill - Not a Crisis but New Opportunties
June 14, 2010
We hear every day the dismal economical and political results of the Gulf oil spill by BP. It is time to view the event as an opportunity for new oil independence and business solutions for clean-up when oil is a $75/bbl..
Cheniere Energy, Inc. gambles on LNG export
June 12, 2010
Cheniere taps Bechtel for liquefaction at Sabine Pass LNG | www.ogj.com
Cheniere Energy, Inc. and Partners announced, as reported by O&G Journal of June 10, 2010 to have selected Bechtel to design and construct an LNG liquefaction plant for export from the Sabine Pass terminal in the amount to about 2 bcfd.
Arthur Laffer predicts 2011 Economic Collapse
June 9, 2010
Tax Hikes and the 2011 Economic Collapse | online.wsj.com
Arthur Laffer wrote a challenging opinion piece in the WSJ of June 7, 2010. He predicts economic collapse when Obama's tax hikes become effective in 2011.
Delaware Refinery went for 4 Cents on the Dollar
June 7, 2010
PBF to restart Delaware refinery in 2011 | www.ogj.com
OGJ reported PBF Energy Co. LLC to restart the Delaware refinery in the first half of next year. The 190,000 b/d refinery and associated pipeline and terminal assets were sold by Valero Energy Corp. for $ 200 million.
Ocean Therapy Technology Can Help Clean Up Oil Spill Environmental Disasters Now
June 6, 2010
Oil spill environmental disasters are a dime a dozen. The following list below briefly describes each major oil spill since 1967. Calculating how much oil has contaminated our oceans (total is well over 1 billion gallons) will make your mind spin. Kevin Costner's "Ocean Therapy" technology cost about $40 million to build (compared to a price-tag of at least $40 BILLION in clean-up costs to British Petroleum in 2010). Why has it not been used? We need to invest in cleaning our oceans now.
GeoGlobal Resources (GGR) Pursuing 4 Offshore Israel Oil & Gas Licenses
June 5, 2010
GeoGlobal Appointed Operator for Myra & Sara Offshore Israel Oil & Gas Licenses | www.prnewswire.com
GeoGlobal Resources has been appointed operator for 2 Offshore Israel Oil & Gas Licenses 347 "Myra" and 348 "Sara" in the Eastern Mediterranean Sea. The company has applied separately for the "Samuel" and "Michal" (within "Benjamin" permit area) Licenses within the territorial waters of the State of Israel. These new permit areas are located in the highly prospective area of the Levantine Basin near the recent 6.3 TCF Tamar 1, Tamar 2, and the Dalit Natural Gas Discoveries by Noble Energy Inc.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012