The new US Energy Secretary intends to keep federal research in his department strong and vibrant, he told employees on his first day on the job. “You all are brilliant, hard-working, dedicated Americans who care about the future of this country. My job is going to partly be listening to you and getting feedback from […]

OMV AG, Vienna, signed an agreement to acquire a 24.99% share in the Yuzhno-Russkoye natural gas field in Western Siberia for $1.85 billion.  Source: News

Light, sweet crude oil prices for April rallied during Mar. 3 trading on the New York market to settle back above $53/bbl while the Brent crude oil contract for May rose on the London market to settle at $55.90/bbl. Oil prices were falling again in early Mar. 6 trading in New York. Source: News

At a time when some politicians seem determined to portray federal-state regulatory relationships as contentious, two resolutions that the National Association of Regulatory Utility Commissioners approved at its recent winter meeting told a different story. Source: News

Gasp! While he was attorney-general of Oklahoma, the new administrator of the US Environmental Protection Agency had regular communication with oil and gas companies. Source: News

A multiwall pipeline application has improved both the integrity and efficiency of pipes used in Peru to transport refined products to shore. Source: News

Continued growth of crude oil production in the Permian basin has prompted expansion of crude export capacity along the US Gulf Coast. Source: News

From 2000-12, before the rise in natural gas and crude oil production from extensive North American shale plays, US petrochemical operators engaged in a cycle of capacity shutdowns and expansions dictated by the availability and economics of processing either light or heavy feeds. Source: News