June 4, 2010
WSJ reported today on page B4 that the TNK-BP venture operating unit in charge of the huge Kovykta gas condensate project (two trillion cum of gas reserves in Siberia) has filed for bankruptcy while trying to sell the license for the field to Gazprom.
Gulf Oil Spill Crisis, Active Hurricane Season Interaction & Industries Affected
May 28, 2010
Storm: Hurricane Outlook, Oil Spill A Possible Double Whammy For Gulf | www.therepublic.com
With the biggest oil spill ever, the Gulf of Mexico appears headed for a double whammy with the forecast of an "active to extremely active" hurricane season. There's been much speculation about what might happen should a hurricane pass through the massive oil slick. A hurricane could move oil through a storm surge and pushing oil-dispersant toxic 'aerosol' well inland with flooding rains. What industries could be eventually impacted? How DID the spill happen in the first place?
Wind Power Learning Fundamentals
May 27, 2010
Siemens and GE have discovered to use direct drive wind turbines for large power plants above 2 MW, particular for off-shore installations.
New Truck Mileage Laws will Push Engine and Fuel Prices
May 24, 2010
President Barack Obama signed a well intended new truck mileage directive that will certainly push engine and fuel prices.
Another Blackbeard/Davey Jones in the Making?
May 23, 2010
Unlocking Grand Bay's deep treasures: gulf shelf potential at 17,000-28,000 ft | www.ogj.com
A recent Oil and Gas Journal article (April 12, 2010) discusses Grand Bay field in the Mississippi Delta, as another example of a potential new discovery in deep shelf gulf. Ultra-deep shelf plays target reservoirs below the salt weld with sizes up to 1 Tcfe at over 20,000 ft. Interest in deep shelf plays in the Gulf of Mexico has been spurred by McMoRan's recent Davy Jones discovery. These deep prospects have shorter lead times to first production and lower development costs.
Relaxing Rules On Iceland Volcano Ash Clouds: Clearly Putting Money Over Safety
May 19, 2010
Britain Joins Ireland to Relax Rules on Ash Clouds | www.nytimes.com
Britain and Ireland have relaxed the rules governing the closure of their airspace due to volcanic ash. The "new zone" now allows airlines to fly through areas where ash density exceeds the maximum threshold agreed to by European governments last month. The volcano will likely continue to periodically steer its ash southeastward over Europe. No engine modifications have been made. Nothing has changed except the degree of safety has been lowered. Clearly, money (lost) is being put first.
Time for The Navy to Stop Oil Leak in the Gulf
May 15, 2010
Associated Press | hosted.ap.org
BP is trying all kind of unproven error and trial approaches to stop the oil spill in the Gulf. It is time our Navy moves in and stops the leak.
BP - Lack of Tight QC over Subcontractors
May 12, 2010
Associated Press | hosted.ap.org
The Senate hearings revealed lack of QC management by BP over their subcontractors Transocean and Halliburton. Everything went wrong that should have prevented the "kick" form the high pressure gas bubble leading to the rig explosion and resulting oil spill.
Gulf Oil Rig Disaster -- Grossly Underestimated; Watch Tanker & MS River Traffic
May 11, 2010
Oil spill In Gulf Of Mexico: In Maps And Graphics | news.bbc.co.uk
Much of Louisiana's coastline will see oil come ashore going forward as SE winds up to 30 mph will carry the slick in expanding amorphous circles. Seas of 5-6 feet will dramatically lower the efficiency of booms. The oil will very likely go along the SW Pass entrance to the Mississippi River and further west, south and east as winds switch direction and the oil amount will likely continue to increase in size.The impacts have only been one percent of the situation this is likely to become.
May 9, 2010
Associated Press | hosted.ap.org
Now that the big box failed, BP needs help from all oil & gas companies to contain the Gulf spill.
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