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.
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.
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.
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.
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.
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